Taxes
Latest
-
JCT's Latest Analysis Confirms Tax Bills Will Produce Modest Growth, Won't Pay For Themselves
The 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...
-
Treasury Department Report Assumes Instead of Analyzing
For Immediate Release Today, the Treasury Department’s Office of Tax Policy issued a finding that claims the Senate Finance Committee's tax reform...
-
The Tax Bill Conference Committee Can Make The Final Bill Responsible
Both 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...
-
Senate Tax Bill Could Ultimately Cost Up to $2 Trillion
The 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...
-
CRFB Reaction to Senate Tax Bill
For Immediate Release The Senate unveiled a revised tax reform bill Friday. The following is a statement from Maya MacGuineas, president of the...
-
No Estimate Shows Tax Bills Would Pay For Themselves
The Joint Committee on Taxation (JCT) released an official dynamic estimate of the Tax Cuts and Jobs Act (TCJA) yesterday as reported by the Senate...
-
Official Dynamic Score Shows Senate Tax Bill Will Still Cost Over $1 Trillion
The Joint Committee on Taxation (JCT) has released its official dynamic score of the Senate tax plan as passed by the Senate Finance Committee...
-
Five Ways to Improve the Senate Tax Bill
The current Senate version of the Tax Cuts and Jobs Act (TCJA) would add too much to the debt, but several improvements could make the bill both more...
-
Can Tax Reform Generate 0.4% Additional Growth?
Well-crafted tax reform would improve economic growth. While pro-growth tax reform can generate some revenue to the Treasury from the added growth, as...
-
Tax Policy Center Dynamically Scores House Tax Bill
The Tax Policy Center (TPC) today released a new dynamic analysis of the House-passed Tax Cuts and Jobs Act (TCJA), adding more proof that tax cuts...
-
Comparing the Latest House and Senate Tax Bills by Provision
In broad fiscal terms, the House and Senate tax bills are very similar. Both plans would cost more than $1.4 trillion over ten years on paper while...
-
Leon Panetta: Blowing Up the Debt is a Threat to America
As the tax bills under consideration by the Congress make clear, the congressional budget process is badly broken — and there’s no longer any pretense...