Taxes
Latest
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Letter: Nearly 100 Experts Warn Against Cadillac Tax Repeal
Read moreA group of nearly 100 distinguished health and economic policy experts from across the ideological spectrum joined together to warn the Senate against...
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Watch: What Should We Do About the Zombie Tax Extenders?
Read moreThe Committee for a Responsible Federal Budget hosted a lunch and panel discussion on What Should We Do About the Zombie Tax Extenders? The...
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Ways and Means Tax Package Could Cost Over $900 Billion Now
Read moreLast month, the House Ways and Means Committee approved a tax package that would revive and extend several tax extenders through 2020 and dramatically...
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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...