Committee for a Responsible Federal Budget

Taxes

Tax Issue Area

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Nov 15, 2017 | Blog Paper Press Release | Taxes

New Senate Tax Bill Hides Over $500 Billion of Gimmicks

The new Senate Finance Chairman's mark of the Tax Cuts and Jobs Act (TCJA) would cost $1.41 trillion and significantly worsen our already...
Nov 15, 2017 | Blog Paper Press Release | Taxes

Modified Chairman's Mark Makes a Bad Bill Worse

For Immediate Release Late Tuesday night GOP leaders unveiled a modified Chairman’s Mark of the Senate tax reform bill, which included significant...

Checking the Facts on the Steve Forbes-Maya MacGuineas Tax Discussion

On Mornings With Maria, publisher and former presidential candidate Steve Forbes made several claims about tax cuts and economic growth during a...
Nov 14, 2017 | Blog Paper Press Release | Taxes

Senate Tax Bill Could Add $1.8 Trillion to Debt

The 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...
Nov 10, 2017 | Blog Paper Press Release | Taxes

The Good, the Bad, and the Ugly of the Senate Tax Bill

Senate 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...
Nov 10, 2017 | Blog Paper Press Release | Taxes

Both House and Senate Tax Bills Carry Substantial Costs

According 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...
Nov 10, 2017 | Blog Paper Press Release | Taxes

Senate Tax Plan Has Too Little Reform and Too Much Debt

For Immediate Release Senate GOP leaders yesterday unveiled their version of tax reform, which resembles the House’s bill but also differs in...

Under Dynamic Scoring, House Tax Bill Still Explodes the Debt

Note: this blog has been updated to reflect the Tax Foundation's corrected growth and revenue numbers. Recent dynamic estimates of the Tax Cuts and...

Chartbook: Dynamic Scoring and Tax Reform

This presentation covers that tax cuts don't pay for themselves, smart tax reform can generate $300 billion to $400 billion of dynamic revenues (...