Taxes
Latest
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Debt Cancellation and SALT Cap Repeal Would Benefit Higher Earners
Read moreIn her recent Washington Post column, Catherine Rampell argues progressives should “be more progressive in an old-fashioned sense: by helping the poor...
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Four-Fifths of Stimulus Checks Have Been Sent
Read moreIn the first three days of distributing the second round of stimulus checks approved by Congress in the Response and Relief Act, the Treasury...
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Would $2,000 Stimulus Checks Go to Six-Figure Households?
Read moreThe House approved the CASH Act Monday to increase recently enacted stimulus checks from $600 to $2,000 per person. Some of those hesitant about the...
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How Much Would $2,000 Checks Cost?
Read moreWith the enactment of the Response & Relief Act yesterday, policymakers in both parties have called for expanding recovery rebates from $600 per...
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Omnibus Package Includes $135 Billion of Unrelated Tax Breaks
Read moreThe omnibus package includes government funding for the rest of fiscal year 2021 and significant COVID relief, but it also contains $135 billion over...
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End-of-Year Deadlines For Congress
Read moreMany economic relief provisions from the Coronavirus Aid, Relief, and Economic Security (CARES) Act and other COVID-related bills expire at the end of...
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Opportunities for Bipartisanship in a Divided Government
Read moreIn 2021, the United States is likely to operate with divided or near-divided government. Democrats are slated to control the White House and the House...
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Factchecking Tax Claims in the 2020 Election
Read moreIn recent days, President Trump and former Vice President Joe Biden have made several competing claims about the other's tax agenda. We summarize and...
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The Cost of the Trump and Biden Campaign Plans
Read moreWhoever is inaugurated on January 20, 2021, will face many fiscal challenges over his term. Under current law, trillion-dollar annual budget deficits...
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Would Joe Biden Significantly Raise Taxes on Middle Class Americans?
Read moreDuring the 2020 Republican National Convention, several speakers claimed that Democratic nominee and former Vice President Joe Biden would...
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How Much Would President Trump's Executive Orders Cost?
Read moreUpdate 8/10/20: We have revised our estimates downward to reflect our understanding from the final text of the memorandum that the payroll tax...
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Understanding Joe Biden's 2020 Tax Plan
Read moreFormer Vice President Joe Biden – the presumptive Democratic nominee for President in the 2020 election – has put forward a variety of tax proposals...