Taxes
Latest
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Has Revenue Risen in 2018?
Read moreA recent Wall Street Journal piece suggests that despite massive tax cuts, revenue continues to rise. In reality, revenue has fallen since the...
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Has the Recent Economic Boom Offset 88% of the Cost of the Tax Cut?
Read moreIn a Wall Street Journal op-ed shared by the House Ways and Means Committee, Mike Solon of US Policy Metrics makes the argument that thanks to recent...
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House to Vote on $90 Billion of Tax Cuts
Read moreThe House of Representatives is voting this week on three bills targeting health care-related tax provisions and expanding the use of Health Savings...
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Further Debt-Financed Tax Cuts Beyond Irresponsible
Read moreFor Immediate Release Today, the House is scheduled to vote on the first of several of health-related tax cuts, which could total over $100 billion...
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Have Deficit Projections Doubled Because of the Tax Bill and BBA 2018?
Read moreChairman of the House Ways and Means Committee Kevin Brady (R-TX) appeared on Fox Business this morning, where he was asked about CRFB's analysis...
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Ways and Means Committee Considering $92 Billion of Tax Cuts
Read moreThe House Ways and Means Committee today is marking up a package of 11 tax bills related to health care. The Joint Committee on Taxation (JCT)...
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After Tax Reform, Tax Expenditures Remain Costly
Read moreThe Joint Committee on Taxation (JCT) recently released its latest tax expenditure estimates. The report shows that despite the 2017 tax law, which...
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Factchecking the Senate Budget Committee Hearing with CBO
Read moreAt least two claims in Wednesday's Senate Budget Committee hearing with Congressional Budget Office (CBO) Director Keith Hall merit fact checking...
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Maya MacGuineas's Testimony on Tax Extenders
Read moreOn March 14, 2018, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the House Ways and Means Tax Policy...
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WATCH: MacGuineas Testifies Before Ways & Means Tax Policy Subcommittee
Read moreMaya MacGuineas, president of the Committee for a Responsible Federal Budget, testified before the House Ways and Means Tax Policy Subcommittee on tax...
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IMF: Tax Bill's Boost to Growth is Short-Term
Read moreThis week, the International Monetary Fund (IMF) released a new estimate of economic growth, revising their short-term estimate upwards because of the...
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Trillion-Dollar Deficits Could Return Next Year, But A Deal Could Make Them Worse
Read moreTrillion-dollar deficits will return next year, and a budget deal in the coming weeks could make them much worse. The continuing resolution (CR) that...