Taxes

Earlier today, Chairman Ryan released his FY 2014 budget, proposing a number of bold changes that would put debt on a downward path as a share of the...

Tax expenditures are a frequent subject of this blog, as they are less visible than government spending due to the tax code's great complexity. But...

Throughout the week we have been breaking down the new report from the Brookings Institution's Hamilton Project, " 15 Ways to Rethink the Federal...

Tax expenditures have been a hot topic lately as a way to raise additional revenue for a deficit reduction plan that could replace sequestration...

One of the lesser known provisions of the American Taxpayer Relief Act is the extension of the refundable American Opportunity Tax Credit (AOTC)...

The Hill is reporting that the House Ways and Means Committee will take the next step in creating a broad tax reform plan by announcing 11 separate...

Update: The link to the JCT report has been fixed. Today, the Joint Committee on Taxation (JCT) released their annual estimate of each individual and...

Yesterday, CBO issued a report on refundable tax credits, examining many issues involved with the credits. The first refundable credit, the Earned...

Yesterday, House Ways and Means Committee Chairman Dave Camp (R-MI) released a Discussion Draft on reforming the tax treatment of financial products...

Yesterday, Rep. Dennis A. Ross (R-FL) introduced H.R. 243, otherwise cited as the Bowles-Simpson Plan of Lowering America's Debt (BOLD) Act, a bill...

The complexity of our tax code has many advocates making the case for tax reform as we head toward the second round of fiscal negotiations. In a...