Taxes

Former Internal Revenue Service (IRS) Commissioner Charles O. Rossotti, who served under Presidents Clinton and Bush, recently published an op-ed in...

Last Updated: 12/20/2021 Budget reconciliation is underway ( read more about the full process here), with House and Senate lawmakers crafting a...

Reconciliation should not add a penny to the national debt. As lawmakers work to craft a package with $3.5 trillion of new spending and tax breaks...

UPDATE 8/5: We have published a new summary of the bipartisan Infrastructure Investment and Jobs Act based on a recently published score from the...

According to media reports, Congress is considering reforming, rather than repealing, the $10,000 cap on the deduction for State and Local Taxes (SALT...

One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap," or the difference between...

Last month, Senator Angus King (I-ME), along with Senators Sherrod Brown (D-OH) and Tim Kaine (D-VA), introduced the Stop Corporations and High...

President Biden deserves credit for his actions to date on climate change.

This evening, President Joe Biden will unveil the third part of his ambitious “Build Back Better” agenda, the American Families Plan. According to the...

Recently, a number of Members of Congress have called for repealing the current $10,000 cap on the state and local tax (SALT) deduction. Many off...

On March 25, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the Senate Budget Committee on whether wealthy...

With Democratic majorities in the House and Senate, President Joe Biden has taken office with a real opportunity to advance new spending and tax...