Taxes
Latest
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Leave Tax Extenders in the Past
Read moreSome in Congress reportedly want to revive a package of narrow tax breaks that expired 14 months ago, at the end of 2017, known as “tax extenders.”...
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House to Vote on $100 Billion Lame Duck Tax Package
Read moreThe House will likely consider a package of lame duck tax cuts costing almost $100 billion over ten years. About half of the cost comes from delaying...
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Joint Letter: End the Tax Extenders Once And For All
Read moreBelow is a joint letter to Congressional leadership and the heads of the taxwriting committees that it is time to end the practice of enacting tax...
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Tax Extenders Should Not Add to the Deficit
Read moreFor Immediate Release The House of Representatives is considering this week the Retirement, Savings, and Other Tax Relief Act of 2018, which revives...
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The Tax Bill Did Not Cause Revenue to Rise
Read moreA common misleading claim this fall has been that tax revenues have increased, even with the large tax cuts enacted last year. While it is technically...
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Further Tax Cuts Would Be Irresponsible
Read moreFor Immediate Release Recently, President Trump called for a new 10 percent middle class tax cut, which news reports suggest Congress is working to...
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JCT: Tax Cuts 2.0 Would Slow Long-Term Economic Growth
Read moreThe Joint Committee on Taxation (JCT) has released an official dynamic score of "Tax Reform 2.0" – a bill permanently extending last December's tax...
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No, Really, Tax Revenue Has Not Risen
Read moreUpdate: After the end of the fiscal year, we published an updated version of this piece with final numbers from the Treasury Department. At the...
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House to Consider Another $59 Billion of Tax Cuts
Read moreThe House will likely consider a package of health-related tax cuts this week, separate from the permanent extension of the 2017 tax law considered by...
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Tax Cut Extensions Would Cost $657 Billion
Read moreThe House Ways and Means Committee on Monday released three bills they are dubbing "Tax Reform 2.0." The biggest of these bills would extend many of...
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Further Tax Cuts are the Height of Fiscal Irresponsibility
Read moreFor Immediate Release The House Ways and Means Committee released “Tax Reform 2.0" Monday night, which would make permanent most of last year’s tax...
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Has Revenue Risen in 2018?
Read moreA recent Wall Street Journal piece suggests that despite massive tax cuts, revenue continues to rise. In reality, revenue has fallen since the...