Taxes
Latest
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Appropriations Deal Will Cost $2.1 Trillion Over 20 Years
Read moreThe appropriations deal's numerous deficit-increasing policies, most notably its permanent repeal of three Affordable Care Act (ACA) taxes, would cost...
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Let Zombie Tax Extenders Remain Dead
Read moreFor Immediate Release Last night, the House Rules Committee added a set of tax cuts to the year-end appropriations package, reviving almost three...
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Spending Package Could Add $500 Billion to Debt
Read moreUpdate 12/17/19: CBO and JCT have now estimated the year-end spending package after a late-night addition by the House Rules Committee. The bill now...
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Wall Street Journal Editorial Board Takes on Temporary Tax Breaks
Read moreThe Wall Street Journal editorial board wrote an opinion piece today decrying special interest tax subsidies that may be added to a year-end spending...
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2020 Federal Tax Brackets Are Here
Read moreThe Internal Revenue Service (IRS) has released its tax year 2020 inflation adjustments for more than 60 federal tax provisions. To make these...
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Marc Goldwein & Tyler Evilsizer: Moving from a debt-busting tax cut to pro-growth tax reform
Read moreMarc Goldwein is the senior vice president and senior policy director at the Committee for a Responsible Federal Budget. Tyler Evilsizer is the deputy...
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Policymakers Should Reject Efforts to Weaken SALT Cap
Read moreFor Immediate Release The Senate is voting this afternoon to reopen state workarounds on the limits on the State and Local Tax (SALT) deduction by...
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Maya MacGuineas: The Tax Cuts and Jobs Act Made the Debt Worse and Makes Fixing It Even Harder
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 a blog...
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Would Medicare for All Require a Middle-Class Tax Hike?
Read moreWith several 2020 presidential candidates endorsing a move to single-payer health care ( Medicare for All), there is an ongoing debate over whether...
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Kamala Harris's LIFT the Middle Class Act
Read moreDemocratic presidential candidate Senator Kamala Harris (D-CA) has called for giving a $3,000 per person ($6,000 per couple) refundable tax credit for...
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Is Spending, Not Tax Cuts, Driving the Deficit?
Read moreThe House Ways and Means Committee minority recently published a blog post claiming that "spending, not tax cuts, [is] driving national deficits." It...
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How Much Would a Payroll Tax Holiday Cost?
Read moreUpdate 8/20/19: While speaking in the Oval Office, President Trump confirmed that a payroll tax cut and indexing capital gains were under discussion...