Taxes
Latest
-
Is Trump's Tax Cut the Largest Since Reagan?
During the first Presidential debate on September 26, Republican Presidential candidate Donald Trump said "my tax cut is the biggest since Ronald...
-
Clinton Proposes New Taxes to Offset New Proposals
In recent weeks, Democratic Presidential candidate Hillary Clinton has proposed a series of new tax breaks for small businesses and for parents in...
-
Statement by Maya MacGuineas on Donald Trump's New Tax Plan
Donald Trump laid out the details of a new tax plan today. His campaign estimates it will cost $4.4 trillion, about half of the $9.25 trillion that we...
-
Expanding Medical Deduction Would Add to Debt
Congress is at it again - proposing to extend tax breaks without paying for them, and add new ones in the process. Today, the House voted to expand...
-
CRFB Responds to Donald Trump’s New Tax Plan
In a speech today at the Detroit Economic Club, presidential candidate Donald Trump announced revisions to his tax reform plan, suggesting that...
-
Is the U.S. the Highest Taxed Nation in the World?
As he accepted the Republican nomination for president, Donald Trump stated that “America is one of the highest-taxed countries in the world,” while...
-
What Donald Trump Can Do to Improve His Tax and Spending Policies
In a Wall Street Journal op-ed last week, Donald Trump’s economic advisers Andy Puzder and Stephen Moore stated that the campaign will release changes...
-
House GOP Sketches Out Details on Tax Reform
The House Republicans continue to rollout several policy proposals/frameworks, recently releasing a tax reform plan that aims to reduce tax rates and...
-
How Much Do Donald Trump's Tax Cuts for Millionaires Cost?
Democratic presidential candidate Hillary Clinton recently released a fact sheet on her campaign website that criticizes Republican presidential...
-
IRS Loses $400 Billion Per Year in Unpaid Taxes
The Internal Revenue Service (IRS) recently released new estimates of the “tax gap” – the amount of taxes owed that go uncollected. They reveal that...
-
Tax Day 2016: Charts to Explain our Tax System
Today is Tax Day! Our partners at Fix the Debt have republished their annual chartbook to explain federal taxes – including who pays them, what they...
-
The Obama Administration Moves on Business Tax Changes
The topic of tax reform made the news on Monday as the Obama Administration simultaneously took regulatory steps to further limit corporate inversions...