Taxes

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Aug 19, 2019 | Blog Paper Press Release | Taxes

How Much Would a Payroll Tax Holiday Cost?

Update 8/20/19: While speaking in the Oval Office, President Trump confirmed that a payroll tax cut and indexing capital gains were under discussion...
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Upcoming Congressional Fiscal Policy Deadlines

Updated 8/7/2019: The House passed an agreement to raise the discretionary spending caps by $160 billion each year for FY 2020 and FY 2021 and...
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Letter: Nearly 100 Experts Warn Against Cadillac Tax Repeal

A group of nearly 100 distinguished health and economic policy experts from across the ideological spectrum joined together to warn the Senate...
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President Trump’s $4 Trillion Debt Increase

If the recent budget deal is signed into law, it will be the third major piece of deficit-financed legislation in President Trump's term. In...
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Jul 18, 2019 | Blog Paper Press Release | Taxes

Ways and Means Tax Package Could Cost Over $900 Billion Now

Last month, the House Ways and Means Committee approved a tax package that would revive and extend several tax extenders through 2020 and...
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House Should Reject Another Deficit-Financed Tax Cut

For Immediate Release The House of Representatives is scheduled to vote on a permanent repeal of the "Cadillac tax" on high-cost health insurance...
Jul 10, 2019 | Blog Paper Press Release | Taxes

Are There $1.6 Trillion in Tax Loopholes?

Former Vice President and 2020 presidential candidate Joe Biden told the Rainbow PUSH Coalition Convention on June 28 that the tax code contains $1.6...
Jun 25, 2019 | Blog Paper Press Release | Taxes

Repealing SALT Caps Would Cost Another $500 Billion

The Ways & Means Subcommittee on Select Revenue Measures is holding two hearings today on limitations to the state and local tax (SALT...
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Jun 20, 2019 | Blog Paper Press Release | Taxes

Tax Extender Package Could Lead to $710 Billion of More Debt

Update 6/24/2019: During markup, the Ways & Means Committee added an amendment further increasing the child tax credit for young children, at an...
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Jun 19, 2019 | Blog Paper Press Release | Taxes

Tax Extenders Package Could Add Half a Trillion Dollars to the Debt

The House Ways and Means Committee is scheduled to mark up legislation to revive special interest tax breaks known as “tax extenders” this week...

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