Taxes
Latest
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Marc Goldwein: There’s a baffling tax gift to the wealthy in the Democrats' social-spending bill
Read moreMarc Goldwein is senior vice president and senior policy director of the Committee for a Responsible Federal Budget. He recently wrote an opinion...
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Two-Thirds of Millionaires Get a Tax Cut Under Build Back Better, Due to SALT Relief
Read moreThis week, the Tax Policy Center (TPC) released new estimates for how the Build Back Better Act will affect the tax burden of individuals at various...
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Build Back Better SALT Gains for the Rich Eclipse Child Credit Boost
Read moreThe current version of the Build Back Better Act under consideration in the House would increase the state and local tax (SALT) deduction cap from $10...
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House Build Back Better Bills Are Built on Shaky Foundation
Read moreFor Immediate Release The House is slated to vote today on two parts of the President’s Build Back Better agenda – the bipartisan infrastructure bill...
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An Update on Build Back Better Offsets
Read moreWe have published an full estimate of the House's Build Back Better Act based on CBO's scores of the bill here. Last week, the White House estimated...
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$72,500 SALT Cap is Costly and Regressive
Read moreThe latest version of the Build Back Better Act being considered by the House Rules Committee would increase the state and local tax (SALT) deduction...
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5-Year SALT Cap Repeal Would Be Costliest Part of Build Back Better
Read moreAccording to press reports, policymakers are considering adding a five-year repeal of the $10,000 cap on the State and Local Tax (SALT) deduction to...
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Build Back Better Visualized
Read moreLast week, the White House released a $1.75 trillion framework for the reconciliation bill currently working its way through Congress. When combined...
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Event Recap: Tax Gap Myths and Facts: A Conversation with Natasha Sarin
Read moreOn October 26, the Committee for a Responsible Federal Budget hosted “Tax Gap Myths and Facts: A Conversation with Natasha Sarin.” The virtual event...
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Could Reconciliation Deliver a Tax Cut to the Rich?
Read moreNote: This analysis was updated for new data and details on October 29, 2021. See the updated analysis here. While much of the discussion surrounding...
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SALT Cap Repeal Does Not Belong in Build Back Better
Read morePress reports suggest lawmakers are considering adding a two-year repeal of the cap on the deduction for state and local taxes (SALT) to their Build...
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Chartbook: Build Back Better for Less
Read morePolicymakers are apparently now targeting $1.5 trillion to $2.3 trillion of gross spending increases and tax cuts for their Build Back Better...