Taxes

Getting Congress to take on tax reform will be difficult, but the two lawmakers in charge of the tax-writing committees seem to be committed to...

Today, the RATE Coalition sent a letter to the chairs and ranking members of the House Ways and Means and Senate Finance Committees, urging them to...

Among the many amendments that were voted on to the Senate budget resolution, one caught the eye of POLITICO: Sen. Rob Portman's (R-OH) amendment to...

It is well known that the corporate tax code is littered with tax provisions that cost the government revenue. Today, the U.S. has the highest top...

Yesterday, House Ways and Means Committee Chairman Dave Camp (R-MI) took a hard look at the deduction for state and local income taxes at a hearing on...

Earlier today, Chairman Ryan released his FY 2014 budget, proposing a number of bold changes that would put debt on a downward path as a share of the...

Tax expenditures are a frequent subject of this blog, as they are less visible than government spending due to the tax code's great complexity. But...

Throughout the week we have been breaking down the new report from the Brookings Institution's Hamilton Project, " 15 Ways to Rethink the Federal...

The Hill is reporting that the House Ways and Means Committee will take the next step in creating a broad tax reform plan by announcing 11 separate...

Yesterday, CBO issued a report on refundable tax credits, examining many issues involved with the credits. The first refundable credit, the Earned...

Yesterday, House Ways and Means Committee Chairman Dave Camp (R-MI) released a Discussion Draft on reforming the tax treatment of financial products...

Yesterday, Rep. Dennis A. Ross (R-FL) introduced H.R. 243, otherwise cited as the Bowles-Simpson Plan of Lowering America's Debt (BOLD) Act, a bill...