Latest
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Principles for Responsible Tax Reform
The United States tax code has not been overhauled in over three decades, and it is in desperate need of reform. The current federal income tax is in...
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America Needs Tax Reform, Not More Debt
A New York Times op-ed written by Steve Forbes, Larry Kudlow, Arthur Laffer, and Stephen Moore argued that since tax reform is hard, Republicans...
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Increasing Infrastructure Investment Must Be Paid For
In a recent interview with The New York Times, President Trump said that he wants to invest $1 trillion in infrastructure because "we are borrowing...
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Tax Day 2017: Charts to Explain Our Tax System
To commemorate Tax Day, CRFB and our partners at Fix the Debt have released our annual chartbook on federal taxes. It outlines who pays taxes, what...
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Tax Day is a Reminder of the Need for Comprehensive Tax Reform
For Immediate Release In light of today’s deadline for filing federal income tax returns, Maya MacGuineas, president of the Committee for a...
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CBO Economic Forecast Sees Major Headwinds Facing Growth
Predicting what the economy will look like over the next 30 years is no easy task, but the assumptions in the Congressional Budget Office’s (CBO) Long...
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Where Tax Dollars Went Last Year
In honor of Tax Day tomorrow, we've published our annual Taxpayer Receipt, which gives a line-by-line breakdown of where tax dollars go. For example...
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You Can't Pay for Tax Reform with Health Reform
In an interview yesterday on the Fox Business Network, President Trump described how it is better to do health care reform before tax reform because...
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Senator Flake Releases "Tax Rackets" Oversight Report
With Tax Day approaching on April 18 and Congress considering tax reform, Senator Jeff Flake (R-AZ) has released an oversight report, Tax Rackets...
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Looming Debt Limit Debate Offers Opportunity for Meaningful Reform
The debt limit was quietly reinstated on March 16. The budget deal in November 2015 suspended the debt limit through March 15, 2017, and reinstated...
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How High Will Debt Rise If Current Policy Continues?
The Congressional Budget Office's (CBO) 2017 Long-Term Budget Outlook shows today's high debt will nearly double as a share of Gross Domestic Product...
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Johnson and Larson Show Two Ways to Fix Social Security
Yesterday, House Ways and Means Social Security Subcommittee Ranking Member John Larson (D-CT) introduced a Social Security reform bill. About four...