Taxes
Latest
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Senator Coburn Publishes the Tax Decoder
Senator Coburn's office yesterday published the "Tax Decoder", a 300+ page guide describing more than 165 tax expenditures. The report highlights...
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Slipping Permanent Tax Breaks into the Lame Duck
Lawmakers have tried several times to revive tax provisions that expired last year and extend them permanently, at a substantial cost to the national...
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Yes, Tax Cuts Increase the Debt
With Congress set to retroactively revive the tax extenders for the past year at a cost of $42 billion, our president, Maya MacGuineas, published a...
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Tax Extenders Deal Violates the Budget Act, Adds to Debt
The House approved last night a deficit-increasing one-year tax extenders package. After a correction by the Joint Committee on Taxation, the updated...
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How to Offset the Tax Extenders
Update (12/3): This blog has been updated to reflect a correction the Joint Committee on Taxation made to its estimate of the wind production credit...
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Maya MacGuineas: Tax Break Talks Stall
Maya MacGuineas, President of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
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Budget Busting Deal on Tax Provisions
Congressional negotiators are reportedly nearing a deal to address the year-end tax extenders while adding $500 billion to the debt. By reinstating...
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House Bill Would Double the Cost of the Research Credit
Recent press articles report that policymakers are negotiating a deal to accompany a temporary restoration of most of the 55 expired tax extenders...
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The Worst Lame Duck Ideas That Can Add $1.5 Trillion to the Debt
Policymakers are considering using the lame duck session to substantially worsen the nation's budget. A commonly discussed package would add...
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CRFB's Plan to Offset Upcoming Policies
Congress and the President need to prep for some important upcoming fiscal moments, and CRFB has a plan to help them do just that. The Paying for...