Taxes
Latest
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The PREP Plan: Paying for the Tax Extenders to Set Up Tax Reform
Read moreBefore the end of the year, Congress will again consider renewal of the “tax extenders,” a collection of more than 50 expired tax breaks for...
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Fiscal FactCheck: The First Democratic Debate
Read moreThis blog is part of the “ Fiscal FactCheck ” series designed to examine the accuracy of budget-related statements made during the 2016 presidential...
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101 Economists to Congress: Keep the Cadillac Tax
Read moreIn light of the recent reconciliation package that repeals the Cadillac tax on high-cost health insurance plans and Democratic Presidential candidate...
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Did We Cut Taxes When We Last Balanced the Budget?
Read moreGovernor John Kasich (R-OH), who our previous Fiscal FactChecker pointed out was a key player in the 1997 balanced budget agreement, claimed last...
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Ways & Means Committee Keeps Cutting Taxes, Adding to Debt
Read moreThe House Ways & Means Committee today approved tax and health breaks costing nearly $420 billion over ten years, or almost $520 billion with interest...
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Governor Bush Releases Tax Reform Plan
Read morePresidential candidate Governor Jeb Bush (R-FL) announced his tax reform plan to trim deductions and lower tax rates yesterday. It is one part of his...
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Can Tax Reform Substantially Accelerate Economic Growth?
Read moreSince the 2016 Presidential campaign began, a number of candidates have touted tax reform – either overhauling or replacing the current income tax –...
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Most of Deficit's Decline Because Tax Breaks Aren't Included
Read moreMuch of the press coverage of the updated projections issued by the Congressional Budget Office last week focused on the fact that the deficit would...
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The Gathering Storm: Fiscal Clouds Amass This Fall
Read moreIn early 2015, the Committee for a Responsible Federal Budget (CRFB) warned of the upcoming Fiscal Speed Bumps, explaining “lawmakers will face a...
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Carper's Highway Plan Responsibly Fixes Trust Fund But With a Catch
Read moreThe three-month highway law that passed last month was intended to buy time for a more lasting solution for the Highway Trust Fund's finances, so it...
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Finance Committee Approves Extenders, Adds to Debt
Read moreThe Senate Finance Committee today approved a package of 50-plus tax breaks that expired last year known as "tax extenders." Unfortunately, they chose...
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Inversions Come Up As An Offset Possibility
Read moreThe House Budget Committee Democrats jumped into the transportation debate last week with a proposed surface transportation reauthorization that...