Taxes
Latest
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Ways and Means Tax Package Could Cost Over $900 Billion Now
Read moreLast month, the House Ways and Means Committee approved a tax package that would revive and extend several tax extenders through 2020 and dramatically...
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House Should Reject Another Deficit-Financed Tax Cut
Read moreFor Immediate Release The House of Representatives is scheduled to vote on a permanent repeal of the "Cadillac tax" on high-cost health insurance...
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Are There $1.6 Trillion in Tax Loopholes?
Read moreFormer Vice President and 2020 presidential candidate Joe Biden told the Rainbow PUSH Coalition Convention on June 28 that the tax code contains $1.6...
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Repealing SALT Caps Would Cost Another $500 Billion
Read moreThe Ways & Means Subcommittee on Select Revenue Measures is holding two hearings today on limitations to the state and local tax (SALT) deduction...
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Tax Extender Package Could Lead to $710 Billion of More Debt
Read moreUpdate 6/24/2019: During markup, the Ways & Means Committee added an amendment further increasing the child tax credit for young children, at an...
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Tax Extenders Package Could Add Half a Trillion Dollars to the Debt
Read moreThe House Ways and Means Committee is scheduled to mark up legislation to revive special interest tax breaks known as “tax extenders” this week while...
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Lawmakers Shouldn't Repeal Cadillac Tax Without Substantial Offsets
Read moreA bill to repeal the "Cadillac tax" on high-cost health insurance plans may soon get a vote on the House floor. This tax was an important part of the...
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Representative Blumenauer Introduces Bill to Shore Up the Highway Trust Fund
Read moreRepresentative Earl Blumenauer (D-OR) has introduced the Rebuild America Act, which would raise the excise taxes on gasoline and diesel fuel five...
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Reviving Expired Tax Extenders Could Cost $150 Billion
Read moreFor years, Washington has resigned itself to a patchwork of tax policy in place for one or two years at a time, allowing niche temporary tax...
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Joint Letter: Don't Revive the Expired Tax Extenders
Read moreBelow is a joint letter sent today to Congressional leadership and the heads of the taxwriting committees urging them against reviving the temporary...
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Was the Federal Reserve’s Monetary Tightening Unprecedented?
Read moreIn a Wall Street Journal op-ed, House Ways and Means Committee Ranking Member Kevin Brady (R-TX) and former National Economic Council director Larry...
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Written Testimony on Our Nation's Crumbling Infrastructure and the Need for Immediate Action
Read moreThe Committee for a Responsible Federal Budget submitted testimony for the record pertaining to the House Ways and Means Committee hearing on "Our...