Latest
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Checking the Facts on the Steve Forbes-Maya MacGuineas Tax Discussion
Read moreOn Mornings With Maria, publisher and former presidential candidate Steve Forbes made several claims about tax cuts and economic growth during a...
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Senate Tax Bill Could Add $1.8 Trillion to Debt
Read moreThe Senate version of the Tax Cuts and Jobs Act (TCJA) is estimated to increase deficits by $1.5 trillion over ten years. However, even this cost does...
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Both House and Senate Tax Bills Carry Substantial Costs
Read moreAccording to the Joint Committee on Taxation (JCT), the Senate version of the Tax Cuts and Jobs Act (TCJA) will add $1.5 trillion to the debt before...
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Senate Tax Plan Has Too Little Reform and Too Much Debt
Read moreFor Immediate Release Senate GOP leaders yesterday unveiled their version of tax reform, which resembles the House’s bill but also differs in several...
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The Good, the Bad, and the Ugly of the Senate Tax Bill
Read moreSenate Finance Committee Chairman Orrin Hatch (R-UT) has released his Chairman's Mark of the Tax Cuts and Jobs Act, a Senate version of the House's...
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Under Dynamic Scoring, House Tax Bill Still Explodes the Debt
Read moreNote: this blog has been updated to reflect the Tax Foundation's corrected growth and revenue numbers. Recent dynamic estimates of the Tax Cuts and...
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Chartbook: Dynamic Scoring and Tax Reform
Read moreThis presentation covers that tax cuts don't pay for themselves, smart tax reform can generate $300 billion to $400 billion of dynamic revenues (not...
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The Tax Cuts and Jobs Act Doesn't Comply with the Byrd Rule
Read moreWhile the Tax Cuts and Jobs Act (TCJA) under consideration in the House would satisfy reconciliation instructions requiring it add no more than $1.5...
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House Tax Plan May Add Over $2 Trillion to the Debt
Read moreNote: This blog has been updated from its original posting to account for the new JCT score and a new estimate for the cost of extending the family...
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A Step Backwards for Fiscal Responsibility
Read moreFor Immediate Release Today, the House Ways and Means Committee unveiled the Chairman’s Mark of the “Tax Cuts and Jobs Act.” The following is a...
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Tax Cuts and Jobs Act Will Cost $1.5 Trillion
Read moreAccording to House Ways and Means Committee Chairman Kevin Brady (R-TX), today's Tax Cuts and Jobs Act will add $1.51 trillion to the debt, before...
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The Good, the Bad, and the Ugly of the House Tax Bill
Read moreHouse Ways and Means Committee Chairman Kevin Brady (R-TX) has released the Tax Cuts and Jobs Act, the first version of tax reform to be put into...