Taxes
Latest
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Maya MacGuineas: Trump's Tax Plan Will Add $5.5 Trillion to the Debt
Maya MacGuineas is president of the nonpartisan Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently...
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How Much Will Trump's Tax Plan Cost?
The White House released principles and a framework for tax reform today. We applaud the President's focus on tax reform, but the plan includes far...
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Comparing the Trump Campaign and Better Way Tax Plans
With President Trump expected to release new details about his Administration's tax reform plan on Wednesday, we thought it would be useful to take...
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Principles for Responsible Tax Reform
The United States tax code has not been overhauled in over three decades, and it is in desperate need of reform. The current federal income tax is in...
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America Needs Tax Reform, Not More Debt
A New York Times op-ed written by Steve Forbes, Larry Kudlow, Arthur Laffer, and Stephen Moore argued that since tax reform is hard, Republicans...
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Tax Day 2017: Charts to Explain Our Tax System
To commemorate Tax Day, CRFB and our partners at Fix the Debt have released our annual chartbook on federal taxes. It outlines who pays taxes, what...
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You Can't Pay for Tax Reform with Health Reform
In an interview yesterday on the Fox Business Network, President Trump described how it is better to do health care reform before tax reform because...
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Does AHCA Make Tax Reform Easier?
Much of the news coverage on the interplay between health care and tax reform claims the failure to pass the American Health Care Act (AHCA) makes tax...
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JCT Estimates Record $1.6 Trillion in Tax Breaks in 2017
The Joint Committee on Taxation (JCT) released a new estimate earlier this year for the cost of tax expenditures over the years 2016-2020. In total...
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AHCA Manager's Amendments Will Likely Cut Deficit Reduction in Half
The House Rules Committee released two manager's amendments to the American Health Care Act (AHCA) late Monday evening in advance of their scheduled...
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Gene Steuerle: Before We Reform Tax Policy, We Need to Know What Is Working
Congress and President Trump are embarking on what is likely to be a major rewrite of the federal income tax code.
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Options to Replace the ACA Cadillac Tax
As policymakers debate repealing and replacing the Affordable Care Act (ACA or "Obamacare"), disagreement remains over how to address the ACA's "...