Taxes
Latest
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Maya MacGuineas: The Tax Cuts and Jobs Act Made the Debt Worse and Makes Fixing It Even Harder
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote a blog...
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Would Medicare for All Require a Middle-Class Tax Hike?
With several 2020 presidential candidates endorsing a move to single-payer health care ( Medicare for All), there is an ongoing debate over whether...
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Kamala Harris's LIFT the Middle Class Act
Democratic presidential candidate Senator Kamala Harris (D-CA) has called for giving a $3,000 per person ($6,000 per couple) refundable tax credit for...
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Is Spending, Not Tax Cuts, Driving the Deficit?
The House Ways and Means Committee minority recently published a blog post claiming that "spending, not tax cuts, [is] driving national deficits." It...
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How Much Would a Payroll Tax Holiday Cost?
Update 8/20/19: While speaking in the Oval Office, President Trump confirmed that a payroll tax cut and indexing capital gains were under discussion...
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Letter: Nearly 100 Experts Warn Against Cadillac Tax Repeal
A group of nearly 100 distinguished health and economic policy experts from across the ideological spectrum joined together to warn the Senate against...
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Watch: What Should We Do About the Zombie Tax Extenders?
The Committee for a Responsible Federal Budget hosted a lunch and panel discussion on What Should We Do About the Zombie Tax Extenders? The...
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Ways and Means Tax Package Could Cost Over $900 Billion Now
Last month, the House Ways and Means Committee approved a tax package that would revive and extend several tax extenders through 2020 and dramatically...
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House Should Reject Another Deficit-Financed Tax Cut
For Immediate Release The House of Representatives is scheduled to vote on a permanent repeal of the "Cadillac tax" on high-cost health insurance...
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Are There $1.6 Trillion in Tax Loopholes?
Former Vice President and 2020 presidential candidate Joe Biden told the Rainbow PUSH Coalition Convention on June 28 that the tax code contains $1.6...
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Would a 10% VAT Pay for a $1,000 per Month UBI?
During the first 2020 Democratic presidential primary debate, candidate Andrew Yang claimed that his Universal Basic Income (UBI) proposal of $1,000...
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Repealing SALT Caps Would Cost Another $500 Billion
The Ways & Means Subcommittee on Select Revenue Measures is holding two hearings today on limitations to the state and local tax (SALT) deduction...