Taxes
Latest
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House Set to Target Deficit-Reducing Parts of ACA
Update (6/12/15): A new CBO score estimates that repealing IPAB will cost $7.1 billion over ten years, with all of the cost recorded after 2021. The...
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Congressional Double-Take on Revenue
The Congressional budget resolution proposes to bring the budget into balance by reducing spending $5.3 trillion over the next decade while keeping...
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Four Takeaways from the Solutions Initiative Plans
The Peterson Foundation's Solutions Initiative III produced five different fiscal plans that would improve the current long-term budget outlook. We...
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164 Ways to Reduce the Deficit
CRFB has released a new compendium of over 150 options to reduce mandatory spending and raise revenue. Despite declining in deficits in recent years...
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Let the Cadillac Tax Drive...Down Deficits and Health Care Spending
A group of House Democrats introduced a bill yesterday to repeal the tax on high-cost health insurance plans, commonly known as the "Cadillac tax,"...
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House and Senate Budgets Don't Balance in 2025 With Enacted Legislation
The House and Senate are going to a conference committee to reconcile the differences between their budget resolutions, but legislative developments...
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Tax Day 2015: Charts to Explain Our Tax System
In honor of tax day, CRFB and our partners at Fix the Debt released a Tax Day 2015 chartbook yesterday, with ten charts (and one table) that explain...
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Tax Day 2015: 10 Charts and 1 Table About Taxes
See some of these charts, with a more detailed explanation, at our blog Tax Day 2015: Charts to Explain Our Tax System
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Ways & Means Committee Adds $270 Billion to Deficits by Repealing Estate Tax
The House Ways & Means Committee on Wednesday approved the “Death Tax Repeal Act of 2015,” which would permanently repeal the estate tax that applies...
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Rattner Testifies Before Senate Finance Committee on Tax Fairness
The Senate Finance Committee held a hearing Tuesday on how best to achieve "tax fairness" as a part of their larger focus on tax reform. Testifying...