Taxes
Latest
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CRFB President Comments on Fiscal Policy in Jackson Hole
At the Federal Reserve meetings in Jackson Hole, CRFB President Maya MacGuineas, commented on fiscal policy and the need for a credible debt reduction...
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Presidential Panel Releases Tax Reform Report
Today the President’s Economic Recovery Advisory Board issued a report on tax reform options. The report should encourage and inform a vital...
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Current Policy Extensions and Growth
If lawmakers extended various current policies, as opposed to letting them expire as they are set to under current law, what would happen to economic...
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Debate over the 2001/2003 Tax Cuts Heats Up
Debate over the 2001/2003 tax cuts is centered on its economic and budgetary aspects and effects. The President has proposed extending the tax cuts...
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Boehner Speaks on Deficits and Taxes
House Republican Leader John Boehner (R-OH) gave an economic speech today that was billed as setting the policy table if Republicans gain control of...
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‘Line’ Items: Ghost Town Edition
Washington Empties Out – With both houses of Congress in recess and the president traveling, Washington feels deserted. The biggest news in DC is...
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‘Line’ Items: Coming and Going Edition
Gone and Back – The Senate has left for its August recess, the House will return this week (for a day). Congress will be back in session after Labor...
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The Importance of PAYGO
The Wall Street Journal reports that a package of tax extenders might have a harder time getting by the PAYGO regime. Since the planned offsets were...
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The Right Spending Target
A few weeks ago, Fiscal Commission co-chair Erskine Bowles suggested that in designing a plan, "revenue as a percentage of GDP [should not] be much...
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Extending the Tax Cuts: The Possibilities Are Endless!
Really they are. With the 2001/2003 tax cuts set to expire in five months, the topic is coming up with increasing frequency. Unlike with the estate...
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‘Line’ Items: Heat Wave Edition
If You Can’t Stand the Heat… – Washington has been experiencing a heat wave, but it can’t all be blamed on the friction between the two parties...
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Should We Pay for Tax Cuts?
The blogosphere exploded last week (see here and here) when a number of Republicans suggested that Congress need not offset the costs of tax cuts...