Taxes

The latest version of the Build Back Better Act being considered by the House Rules Committee would increase the state and local tax (SALT) deduction...

According to press reports, policymakers are considering adding a five-year repeal of the $10,000 cap on the State and Local Tax (SALT) deduction to...

The White House has proposed a new framework for the Build Back Better reconciliation package that includes $80 billion of IRS enforcement funding...

On October 26, the Committee for a Responsible Federal Budget hosted “Tax Gap Myths and Facts: A Conversation with Natasha Sarin.” The virtual event...

While much of the discussion surrounding the Build Back Better reconciliation package has focused on tax increases on the rich, the final legislation...

We have published an full estimate of the House's Build Back Better Act based on CBO's scores of the bill here. The White House has announced an...

Note: This analysis was updated for new data and details on October 29, 2021. See the updated analysis here. While much of the discussion surrounding...

Press reports suggest lawmakers are considering adding a two-year repeal of the cap on the deduction for state and local taxes (SALT) to their Build...

Former Internal Revenue Service (IRS) Commissioner Charles O. Rossotti, who served under Presidents Clinton and Bush, recently published an op-ed in...

On September 29, the Committee for a Responsible Federal Budget hosted “Tax Policy in the Build Back Better Act.” The event featured a panel of...

Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...

Congress is attempting to enact a large and ambitious agenda of new programs through the reconciliation process. While President Biden has made the...