Taxes
Latest
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Maya MacGuineas: Standing Strong Against Increasing the National Debt
Read moreMaya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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Final Tax Bill Could End Up Costing $2.2 Trillion
Read moreThe final conference committee agreement of the Tax Cuts and Jobs Act (TCJA) would cost $1.46 trillion under conventional scoring and over $1 trillion...
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Health Package Sets Stage For Nearly $600 Billion of Costs
Read moreWays and Means Committee Republicans have offered a package of health legislation that would delay several Affordable Care Act (ACA or "Obamacare")...
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Policymakers Can Still Change Course and Pass a Responsible Tax Plan
Read moreFor Immediate Release The conference committee on the Tax Cuts and Jobs Act has reportedly reached an agreement on principle today as the committee...
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JCT's Latest Analysis Confirms Tax Bills Will Produce Modest Growth, Won't Pay For Themselves
Read moreThe Joint Committee on Taxation (JCT) released its dynamic analysis of the House's version of the Tax Cuts and Jobs Act (TCJA) yesterday. JCT's...
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Treasury Department Report Assumes Instead of Analyzing
Read moreFor Immediate Release Today, the Treasury Department’s Office of Tax Policy issued a finding that claims the Senate Finance Committee's tax reform...
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The Tax Bill Conference Committee Can Make The Final Bill Responsible
Read moreBoth the House and Senate versions of the Tax Cuts and Jobs Act (TCJA) as currently written would cost nearly $1.5 trillion on a conventional basis...
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Comparing the Two Versions of the Tax Cuts and Jobs Act Headed to Conference
Read moreThe House and Senate have each passed their own version of the Tax Cuts and Jobs Act, and lawmakers from each chamber will have to iron out the...
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Senate Tax Bill Could Ultimately Cost Up to $2 Trillion
Read moreThe final Senate version of the Tax Cuts and Jobs Act (TCJA) would cost $1.45 trillion under conventional scoring and over $1 trillion on a dynamic...
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CRFB Reaction to Senate Tax Bill
Read moreFor Immediate Release The Senate unveiled a revised tax reform bill Friday. The following is a statement from Maya MacGuineas, president of the...
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No Estimate Shows Tax Bills Would Pay For Themselves
Read moreThe Joint Committee on Taxation (JCT) released an official dynamic estimate of the Tax Cuts and Jobs Act (TCJA) yesterday as reported by the Senate...
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December Legislation Could Bring Back Trillion-Dollar Deficits
Read moreCongress has a lot on its plate this holiday season. Sadly, they seem far more focused on legislation to increase our post-war record-high national...