Taxes
Latest
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House Should Reject Another Deficit-Financed Tax Cut
Read moreFor Immediate Release The House of Representatives is scheduled to vote on a permanent repeal of the "Cadillac tax" on high-cost health insurance...
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Are There $1.6 Trillion in Tax Loopholes?
Read moreFormer Vice President and 2020 presidential candidate Joe Biden told the Rainbow PUSH Coalition Convention on June 28 that the tax code contains $1.6...
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Would a 10% VAT Pay for a $1,000 per Month UBI?
Read moreDuring the first 2020 Democratic presidential primary debate, candidate Andrew Yang claimed that his Universal Basic Income (UBI) proposal of $1,000...
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Repealing SALT Caps Would Cost Another $500 Billion
Read moreThe Ways & Means Subcommittee on Select Revenue Measures is holding two hearings today on limitations to the state and local tax (SALT) deduction...
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Tax Extender Package Could Lead to $710 Billion of More Debt
Read moreUpdate 6/24/2019: During markup, the Ways & Means Committee added an amendment further increasing the child tax credit for young children, at an...
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Tax Extenders Package Could Add Half a Trillion Dollars to the Debt
Read moreThe House Ways and Means Committee is scheduled to mark up legislation to revive special interest tax breaks known as “tax extenders” this week while...
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Reviving Expired Tax Extenders Could Cost $150 Billion
Read moreFor years, Washington has resigned itself to a patchwork of tax policy in place for one or two years at a time, allowing niche temporary tax...
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Joint Letter: Don't Revive the Expired Tax Extenders
Read moreBelow is a joint letter sent today to Congressional leadership and the heads of the taxwriting committees urging them against reviving the temporary...
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Maya MacGuineas & Ed Rendell: Tax Day Trauma: Paying for Our Massive National Debt
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. Governor Ed Rendell is the...
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Policymakers Should Not Add Trillions to the Debt through New Cap Deal
Read moreFor Immediate Release: House Budget Committee Chairman John Yarmuth (D-KY) released details of a plan Tuesday to forgo consideration of a budget...
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Marc Goldwein and Russ Latino: Congress Must Break its Addiction to Unjust Tax Extenders
Read moreMarc Goldwein is senior vice president and senior policy director at the Committee for a Responsible Federal Budget and Russ Latino is vice president...
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Tyler Evilsizer: Putting the Trump Tax Cuts Will Pay For Themselves Myth To Bed
Read moreTyler Evilsizer is deputy policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The Hill , an...