Taxes
Latest
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Further Tax Cuts Would Be Irresponsible
Read moreFor Immediate Release Recently, President Trump called for a new 10 percent middle class tax cut, which news reports suggest Congress is working to...
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JCT: Tax Cuts 2.0 Would Slow Long-Term Economic Growth
Read moreThe Joint Committee on Taxation (JCT) has released an official dynamic score of "Tax Reform 2.0" – a bill permanently extending last December's tax...
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No, Really, Tax Revenue Has Not Risen
Read moreUpdate: After the end of the fiscal year, we published an updated version of this piece with final numbers from the Treasury Department. At the...
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Tax Cut Extensions Would Cost $657 Billion
Read moreThe House Ways and Means Committee on Monday released three bills they are dubbing "Tax Reform 2.0." The biggest of these bills would extend many of...
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Further Tax Cuts are the Height of Fiscal Irresponsibility
Read moreFor Immediate Release The House Ways and Means Committee released “Tax Reform 2.0" Monday night, which would make permanent most of last year’s tax...
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Has Revenue Risen in 2018?
Read moreA recent Wall Street Journal piece suggests that despite massive tax cuts, revenue continues to rise. In reality, revenue has fallen since the...
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Has the Recent Economic Boom Offset 88% of the Cost of the Tax Cut?
Read moreIn a Wall Street Journal op-ed shared by the House Ways and Means Committee, Mike Solon of US Policy Metrics makes the argument that thanks to recent...
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House to Vote on $90 Billion of Tax Cuts
Read moreThe House of Representatives is voting this week on three bills targeting health care-related tax provisions and expanding the use of Health Savings...
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Further Debt-Financed Tax Cuts Beyond Irresponsible
Read moreFor Immediate Release Today, the House is scheduled to vote on the first of several of health-related tax cuts, which could total over $100 billion...
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Have Deficit Projections Doubled Because of the Tax Bill and BBA 2018?
Read moreChairman of the House Ways and Means Committee Kevin Brady (R-TX) appeared on Fox Business this morning, where he was asked about CRFB's analysis...
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Ways and Means Committee Considering $92 Billion of Tax Cuts
Read moreThe House Ways and Means Committee today is marking up a package of 11 tax bills related to health care. The Joint Committee on Taxation (JCT)...
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After Tax Reform, Tax Expenditures Remain Costly
Read moreThe Joint Committee on Taxation (JCT) recently released its latest tax expenditure estimates. The report shows that despite the 2017 tax law, which...