Taxes
Latest
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Can Only Taxing Income Over $250,000 Pay Off Our Debt?
President Obama has pledged not to raise taxes on individuals who earn under $200,000 a year or on couples earning under $250,000. It seems highly...
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Donald Marron to be new TPC Director
Today, the Tax Policy Center, a joint venture of the Urban Institute and the Brookings Institute, announced that Donald Marron will become the new...
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Turning the Tax Cuts into a Hammer
What to do about those pesky expiring tax cuts? Generally speaking, Republicans want to extend them all; Dems want to extend most of them; and no one...
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‘Line’ Items: Recess Over, Deadlines Loom
They’re Back – Congress returns from its spring recess this week. The Senate is back in session today and the first order of business is a cloture...
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New Types of Taxes
In counting down to tax day, we’ve already shown that we don’t raise as much in revenue as we spend, and how this is partially the result of costly...
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So What's Our Revenue Situation?
With tax day fast approaching, it's worth discussing the current state of revenues in the United States. Last year, revenue collection hit a 60-year...
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Coburn, Baby, Burn
The Hill reports that Senator Tom Coburn (R-OK) has promised to block all future spending bills that are not fully “paid for.” He currently is leading...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Wall Street Journal questioned whether the economic recovery...
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‘Line’ Items: Hoops, Blossoms and Canaries
Health Care Makes it Through the Final Hoops – Congress completed work last week on the reconciliation package, which included fixes to the health...
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CBO/JCT Reports Roundup
A number of very interesting and relevant government reports came out this week. Check them out: CBO: Costs and Policy Options for Federal Student...
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House Spenders Question Administration Troika on Deficits, Fiscal Commission, and Job Growth
In today’s hearing before the full House Appropriations Committee, the troika (OMB Director Peter Orszag, Treasury Secretary Geithner, and Dr...
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Revisiting Revenue in Ryan's Roadmap
There has been a lot of talk about revenue levels under Paul Ryan's "Roadmap for America's Future" recently. Not only from us ( here, here, and here)...