Taxes
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Donald Trump’s Proposal to Lower the Corporate Tax Rate to 15%
Read morePresident Trump recently proposed lowering the corporate tax rate from 21 to 15 percent for corporations that make their products in America. Under... -
SALT Cap Expiration Could Be Costly Mistake
Read moreSome policymakers have suggested allowing the $10,000 cap on the State and Local Tax (SALT) deduction to expire as scheduled at the end of 2025. We... -
Maya MacGuineas Discusses Tax Policy on Bloomberg TV
Read moreCommittee for a Responsible Federal Budget President Maya MacGuineas recently joined Bloomberg TV's "Balance of Power" with host Joe Mathieu... -
TCJA Extension Could Add $4 to $5 Trillion to Deficits
Read moreOur newly-released Build Your Own Tax Extensions tool is now updated to reflect the most recent estimates by the Congressional Budget Office (CBO) on... -
Tax Cut Extension Would Only Pay for 1% to 14% of Itself
Read moreSeveral major elements of the 2017 Tax Cuts and Jobs Act (TCJA) are scheduled to expire at the end of 2025. While the estimated cost of extending... -
Tax Cut Extensions Are 50% Larger
Read moreExtending certain parts of the Tax Cuts & Jobs Act (TCJA) would reduce revenue by $4 trillion through 2034, according to new estimates from the Joint... -
How Much will Biden’s Tariffs Raise?
Read morePresident Biden recently announced increases to a number of tariffs on Chinese imports, including for lithium-ion batteries, electric vehicles, and... -
Tax Cut Extensions Could Cost $4 Trillion or More
Read moreAccording to new Joint Committee on Taxation (JCT) estimates published by the Congressional Budget Office, extending the expiring or changing elements... -
Tim Penny & David Minge: Taxes increasingly paying for the past - not the future
Read moreTim Penny is co-chair and David Minge is a an emeritus board member of the Committee for a Responsible Federal Budget. Both are former representatives... -
2017 Tax Cuts Continue to Lose Revenue
Read moreUPDATE (June 2024): This analysis has been updated for CBO's June 2024 baseline update . The Congressional Budget Office (CBO) estimated the Tax Cuts... -
Adding Debt to Tax Deal Would Be a Costly Blunder
Read moreSome lawmakers have recently suggested combining the House-passed Tax Relief for American Families and Workers Act of 2024 (also known as Wyden-Smith... -
Event Recap – When the TCJA Expires: A Tax Policy Summit
Read moreOn March 28, the Committee for a Responsible Federal Budget hosted When the TCJA Expires: A Tax Policy Summit, an event focusing on the large parts of...