Tax Extenders
Latest
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Who Gets What in the Tax Extenders Deal?
Congress is still considering a potential fiscally irresponsible deal to extend the 50-some tax breaks that expired at the end of the year, known as...
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Tax Deal Goes Beyond Simple Extensions
Congress is in the process of negotiating a potential $ 700 billion deal that would extend several tax provisions that expired at the end of 2014...
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Emerging Tax Deal Could Add $2.3 Trillion in Debt by 2035
A fiscally irresponsible bipartisan deal is emerging to re-instate, make permanent, and in some cases expand many expired tax breaks known as tax...
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Seven Reasons to Pay for Tax Extenders
By the end of the year, lawmakers will likely to try to revive the “ tax extenders,” a set of more than 50 tax breaks that expired at the end of 2014...
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The PREP Plan: Paying for the Tax Extenders to Set Up Tax Reform
Before the end of the year, Congress will again consider renewal of the “tax extenders,” a collection of more than 50 expired tax breaks for...
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Bonus Depreciation Has Cost Over $200 Billion So Far and Could Cost $450 Billion
With Rep. Paul Ryan (R-WI) being elected as Speaker of the House, the Ways & Means (W&M) Committee Chair has gone to Rep. Kevin Brady (R-TX). In an...
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Two Months, Four Fiscal Speed Bumps to Deal With
We are coming down the home stretch of calendar year 2015, with only a little more than two months left. Lawmakers will have to get to work as they...
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Ways & Means Committee Keeps Cutting Taxes, Adding to Debt
The House Ways & Means Committee today approved tax and health breaks costing nearly $420 billion over ten years, or almost $520 billion with interest...
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Most of Deficit's Decline Because Tax Breaks Aren't Included
Much of the press coverage of the updated projections issued by the Congressional Budget Office last week focused on the fact that the deficit would...
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JCT Confirms: Dynamic Scoring Doesn't Make Extenders Look Much Better
Lawmakers have so far been reluctant to pay for the group of temporary tax cuts known as the " tax extenders," instead generally just adding the cost...
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Finance Committee Approves Extenders, Adds to Debt
The Senate Finance Committee today approved a package of 50-plus tax breaks that expired last year known as "tax extenders." Unfortunately, they chose...