Taxes
Latest
-
Carper's Highway Plan Responsibly Fixes Trust Fund But With a Catch
The three-month highway law that passed last month was intended to buy time for a more lasting solution for the Highway Trust Fund's finances, so it...
-
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...
-
Inversions Come Up As An Offset Possibility
The House Budget Committee Democrats jumped into the transportation debate last week with a proposed surface transportation reauthorization that...
-
Finance Committee Provides Its Framework for International Tax Reform
The Senate Finance Committee has been working all year in five bipartisan working groups on tax reform, and today they have reports to show for it. Of...
-
New Discussions on a Carbon Tax
The Tax Policy Center (TPC) recently released a primer on carbon taxes. The report outlines how the construction of a carbon tax matters for its...
-
Levin, Baldwin Introduce Bill to Close Carried Interest Loophole
Ways and Means Ranking Member Sander Levin (D-MI) and Senator Tammy Baldwin (D-WI) have introduced a bill to close a well-known tax loophole that...
-
A Comparison of the House and Senate Trade Bills
The House is considering trade legislation (H.R. 1314, H.R. 1295, and H.R. 644) this week that would fast-track authority for a few major trade deals...
-
House Set to Target Deficit-Reducing Parts of ACA
Update (6/12/15): A new CBO score estimates that repealing IPAB will cost $7.1 billion over ten years, with all of the cost recorded after 2021. The...
-
Congressional Double-Take on Revenue
The Congressional budget resolution proposes to bring the budget into balance by reducing spending $5.3 trillion over the next decade while keeping...
-
Four Takeaways from the Solutions Initiative Plans
The Peterson Foundation's Solutions Initiative III produced five different fiscal plans that would improve the current long-term budget outlook. We...
-
164 Ways to Reduce the Deficit
CRFB has released a new compendium of over 150 options to reduce mandatory spending and raise revenue. Despite declining in deficits in recent years...
-
Let the Cadillac Tax Drive...Down Deficits and Health Care Spending
A group of House Democrats introduced a bill yesterday to repeal the tax on high-cost health insurance plans, commonly known as the "Cadillac tax,"...