Taxes
Latest
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There is No Such Thing as Progressive SALT Cap Relief
Read moreAccording to media reports, Congress is considering reforming, rather than repealing, the $10,000 cap on the deduction for State and Local Taxes (SALT...
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Republican and Democratic Presidents Support Reducing the Tax Gap
Read moreOne of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap," or the difference between...
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Group of Senators Introduce Bill to Narrow the Tax Gap
Read moreLast month, Senator Angus King (I-ME), along with Senators Sherrod Brown (D-OH) and Tim Kaine (D-VA), introduced the Stop Corporations and High...
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Erskine Bowles and Henry Paulson: Biden should embrace a carbon tax
Read morePresident Biden deserves credit for his actions to date on climate change.
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Repealing the SALT Cap Would be More Regressive than the TCJA
Read moreRecently, a number of Members of Congress have called for repealing the current $10,000 cap on the state and local tax (SALT) deduction. Many off...
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Maya MacGuineas on CNN Discussing the Corporate Tax Rate
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas appeared on CNN's "New Day" to discuss raising the corporate tax rate to help pay...
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Maya MacGuineas: There's a blatantly obvious way for the US to fight climate change and pay for new infrastructure
Read moreMaya 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...
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Maya MacGuineas's Senate Testimony on Taxation of Corporations and the Wealthy
Read moreOn March 25, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the Senate Budget Committee on "Ending a Rigged Tax...
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Watch: Committee President Maya MacGuineas Testifies on Taxation of Corporations and the Wealthy
Read moreOn March 25, Committee for a Responsible Federal Budget president Maya MacGuineas testified before the Senate Budget Committee on whether wealthy...
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Debt Cancellation and SALT Cap Repeal Would Benefit Higher Earners
Read moreIn her recent Washington Post column, Catherine Rampell argues progressives should “be more progressive in an old-fashioned sense: by helping the poor...
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Omnibus Package Includes $135 Billion of Unrelated Tax Breaks
Read moreThe omnibus package includes government funding for the rest of fiscal year 2021 and significant COVID relief, but it also contains $135 billion over...
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COVID Relief Should Not Include Tax Giveaways
Read moreFor Immediate Release The Senate Majority Leader released a revised $550 billion COVID relief proposal yesterday afternoon. Like the Heroes Act that...