Taxes
Latest
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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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Fiscal FactCheck: The First Democratic Debate
This blog is part of the “ Fiscal FactCheck ” series designed to examine the accuracy of budget-related statements made during the 2016 presidential...
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101 Economists to Congress: Keep the Cadillac Tax
In light of the recent reconciliation package that repeals the Cadillac tax on high-cost health insurance plans and Democratic Presidential candidate...
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Did We Cut Taxes When We Last Balanced the Budget?
Governor John Kasich (R-OH), who our previous Fiscal FactChecker pointed out was a key player in the 1997 balanced budget agreement, claimed last...
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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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Governor Bush Releases Tax Reform Plan
Presidential candidate Governor Jeb Bush (R-FL) announced his tax reform plan to trim deductions and lower tax rates yesterday. It is one part of his...
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Can Tax Reform Substantially Accelerate Economic Growth?
Since the 2016 Presidential campaign began, a number of candidates have touted tax reform – either overhauling or replacing the current income tax –...
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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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The Gathering Storm: Fiscal Clouds Amass This Fall
In early 2015, the Committee for a Responsible Federal Budget (CRFB) warned of the upcoming Fiscal Speed Bumps, explaining “lawmakers will face a...