Taxes
Latest
-
Delayed Action on Extenders Might Add to FY 2015 Deficit
Read moreWhile explaining why deficits have fallen from their historically large peak in 2009, we noted the main source of this tumble is a 43 percent rise in...
-
Maya MacGuineas: A Social Security ‘Fix’ That Falls Short
Read moreMaya MacGuineas, President of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
-
Finding Consensus on Tax Reform
Read moreDespite partisan differences in Washington, there's actually considerable bipartisan consensus around many elements of tax reform. That's the...
-
Lew Takes On Inversions
Read moreTreasury Secretary Jacob Lew proposed administrative rules this week that would limit the benefits of tax inversions, where companies move their...
-
-
Deficit-Financed Tax Cuts May be Counterproductive
Read moreA new paper suggests that tax cuts that add to the deficit provide little boost to economic growth and may actually hinder it. Last week, the Tax...
-
Retirement Saving Takes Center Stage
Read moreRetirement saving policy took center stage Tuesday on Capitol Hill and in the policy world. The Senate Finance Committee held a hearing to discuss...
-
More Interesting Charts from CBO Director Elmendorf's Presentation
Read moreEarlier in the week, we highlighted a portion of CBO Director Doug Elmendorf's presentation at Cornell University highlighting the increased resources...
-
House Jobs Plan Doesn't Work for the Deficit
Read moreHouse Republicans plan to vote this week on a jobs package combining bills that would "build a robust economy and foster job creation." While...
-
Inverting the Rewards of Inversions
Read moreSenators Chuck Schumer (D-NY) and Dick Durbin (D-IL) have introduced legislation that would reduce the benefits to companies that choose to "invert,"...
-
CFED: Housing Tax Incentives are Upside Down
Read moreTax breaks for homeowners are one of the largest categories of tax breaks offered by the federal government. A new report by the Corporation for...
-
The $1.8 Trillion Drop in Revenue Projections
Read moreWith the economy recovering slower than originally anticipated, the government now expects to collect significantly less revenue this decade than it...