Taxes
Latest
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Factchecking Tax Claims in the 2020 Election
Read moreIn recent days, President Trump and former Vice President Joe Biden have made several competing claims about the other's tax agenda. We summarize and...
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Maya MacGuineas Joins ABC News Live to Discuss Payroll Tax Deferral
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently appeared on ABC News Live. She joined the show to discuss the payroll...
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Would Joe Biden Significantly Raise Taxes on Middle Class Americans?
Read moreDuring the 2020 Republican National Convention, several speakers claimed that Democratic nominee and former Vice President Joe Biden would...
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Understanding Joe Biden's 2020 Tax Plan
Read moreFormer Vice President Joe Biden – the presumptive Democratic nominee for President in the 2020 election – has put forward a variety of tax proposals...
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75% of Economic Impact Payments Have Been Paid So Far
Read moreThe $1.7 trillion CARES Act included an estimated $293 billion for direct payments to individuals, officially deemed “Economic Impact Payments.” These...
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Phase IV COVID Relief Shouldn’t Be Tax Cuts 2.0
Read moreFor Immediate Release In response to the unprecedented economic crisis caused by the coronavirus (COVID-19) pandemic, lawmakers have enacted three...
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Loosening the SALT Cap is Poorly Targeted
Read moreThe third COVID-19 relief bill was signed on Friday, and lawmakers are now starting to propose ideas for the next round of stimulus. House Speaker...
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Weakening the SALT Cap Would Be a Wasteful Giveaway During a Crisis
Read moreFor Immediate Release With the economy reeling due to the coronavirus (COVID-19) pandemic, some Members of Congress are reportedly considering...
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How Much Would Suspending the Payroll Tax Cost?
Read morePolicymakers are discussing several economic stimulus ideas in response to the coronavirus outbreak, including reports that yesterday President Trump...
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How Much Does a Payroll Tax Holiday Cost?
Read morePresident Trump tweeted support for a one-year payroll tax cut Monday evening, saying: The Democrats in the House should propose a very simple one...
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Pete Buttigieg's Climate Change Plan
Read moreDemocratic presidential candidate and former South Bend, Indiana Mayor Pete Buttigieg has proposed a climate change plan with an end goal of getting...
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Budget Deal Shows Bipartisan Failure of Leadership
Read moreFor Immediate Release Later today, President Trump is expected to sign into law a $1.4 trillion spending package, appropriated through two bipartisan...