Taxes

Update: Two days later, the Senate Finance Committee amended the legislation to extend nearly all of the provisions that had been allowed to expire...

Last week, we made the case that an expired provision known as bonus depreciation be treated separately from the other tax extenders, both because it...

In a letter to the Ways & Means Committee, CRFB President Maya MacGuineas states that Chairman Dave Camp's tax reform draft made the right choices in...

Senate Budget Committee Chair Patty Murray (D-WA) introduced legislation yesterday to cut taxes for low- and middle-income workers in a few different...

This is the sixteenth post in our blog series, The Tax Break-Down, which analyzes and review tax breaks under discussion as part of tax reform...

In the coming weeks, both the House and Senate are expected to begin discussing what to do with a number of expired tax provisions known as the "tax...

While Ways and Means Chairman Dave Camp's (R-MI) Tax Reform Act of 2014 (TRA) misses a critical opportunity to use tax reform to slow the...

In the wake of the release of House Ways and Means Committee Chairman Dave Camp's (R-MI) tax reform discussion draft, some misconceptions have been...

The Earned Income Tax Credit (EITC), which provides low-income taxpayers with a refundable tax credit that increases up to a certain point along with...

We talked last week about several policies making their first appearance in the President's budget. What we didn't mention is that in addition to...

With the release of the FY 2015 President's budget, the Obama Administration has now presented six annual budget plans (and an additional proposal to...