Taxes
Latest
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Is President Trump's Tax Cut the Largest in History?
In their tax reform framework memo, the Trump Administration calls their plan "The Biggest Individual and Business Tax Cut in American History." And...
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Statement on President's Tax Plan
For Immediate Release Maya MacGuineas, president of the Committee for a Responsible Federal Budget, has made the following statement on the President...
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Comparing the Trump Campaign and Better Way Tax Plans
With President Trump expected to release new details about his Administration's tax reform plan on Wednesday, we thought it would be useful to take...
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Principles for Responsible Tax Reform
The United States tax code has not been overhauled in over three decades, and it is in desperate need of reform. The current federal income tax is in...
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America Needs Tax Reform, Not More Debt
A New York Times op-ed written by Steve Forbes, Larry Kudlow, Arthur Laffer, and Stephen Moore argued that since tax reform is hard, Republicans...
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Tax Day 2017: Charts to Explain Our Tax System
To commemorate Tax Day, CRFB and our partners at Fix the Debt have released our annual chartbook on federal taxes. It outlines who pays taxes, what...
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Tax Day is a Reminder of the Need for Comprehensive Tax Reform
For Immediate Release In light of today’s deadline for filing federal income tax returns, Maya MacGuineas, president of the Committee for a...
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Where Tax Dollars Went Last Year
In honor of Tax Day tomorrow, we've published our annual Taxpayer Receipt, which gives a line-by-line breakdown of where tax dollars go. For example...
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You Can't Pay for Tax Reform with Health Reform
In an interview yesterday on the Fox Business Network, President Trump described how it is better to do health care reform before tax reform because...
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Senator Flake Releases "Tax Rackets" Oversight Report
With Tax Day approaching on April 18 and Congress considering tax reform, Senator Jeff Flake (R-AZ) has released an oversight report, Tax Rackets...
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Does AHCA Make Tax Reform Easier?
Much of the news coverage on the interplay between health care and tax reform claims the failure to pass the American Health Care Act (AHCA) makes tax...
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JCT Estimates Record $1.6 Trillion in Tax Breaks in 2017
The Joint Committee on Taxation (JCT) released a new estimate earlier this year for the cost of tax expenditures over the years 2016-2020. In total...