Taxes
Latest
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Tax Extender Package Could Lead to $710 Billion of More Debt
Update 6/24/2019: During markup, the Ways & Means Committee added an amendment further increasing the child tax credit for young children, at an...
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Tax Extenders Package Could Add Half a Trillion Dollars to the Debt
The House Ways and Means Committee is scheduled to mark up legislation to revive special interest tax breaks known as “tax extenders” this week while...
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Reviving Expired Tax Extenders Could Cost $150 Billion
For years, Washington has resigned itself to a patchwork of tax policy in place for one or two years at a time, allowing niche temporary tax...
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Joint Letter: Don't Revive the Expired Tax Extenders
Below is a joint letter sent today to Congressional leadership and the heads of the taxwriting committees urging them against reviving the temporary...
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Maya MacGuineas & Ed Rendell: Tax Day Trauma: Paying for Our Massive National Debt
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. Governor Ed Rendell is the...
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Policymakers Should Not Add Trillions to the Debt through New Cap Deal
For Immediate Release: House Budget Committee Chairman John Yarmuth (D-KY) released details of a plan Tuesday to forgo consideration of a budget...
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Marc Goldwein and Russ Latino: Congress Must Break its Addiction to Unjust Tax Extenders
Marc Goldwein is senior vice president and senior policy director at the Committee for a Responsible Federal Budget and Russ Latino is vice president...
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Tyler Evilsizer: Putting the Trump Tax Cuts Will Pay For Themselves Myth To Bed
Tyler Evilsizer is deputy policy director at the Committee for a Responsible Federal Budget. He recently wrote an opinion piece for The Hill , an...
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Leave Tax Extenders in the Past
Some in Congress reportedly want to revive a package of narrow tax breaks that expired 14 months ago, at the end of 2017, known as “tax extenders.”...
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House to Vote on $100 Billion Lame Duck Tax Package
The House will likely consider a package of lame duck tax cuts costing almost $100 billion over ten years. About half of the cost comes from delaying...
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Joint Letter: End the Tax Extenders Once And For All
Below is a joint letter to Congressional leadership and the heads of the taxwriting committees that it is time to end the practice of enacting tax...
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Tax Extenders Should Not Add to the Deficit
For Immediate Release The House of Representatives is considering this week the Retirement, Savings, and Other Tax Relief Act of 2018, which revives...