Inversions Reduce Revenue, But Extenders Cost More
Many policymakers have expressed concern about "tax inversions," transactions where American companies move their headquarters overseas in order to...
Tax Extenders
Reports Question Effectiveness of New Markets Tax Credit
Both the Government Accountability Office (GAO) and Senator Tom Coburn's (R-OK) office have released new reports on a tax credit that rewards...
Without Budget Discipline, a Spending Spree Ensues
Budget rules require new policies to be paid for with savings elsewhere in the budget. Policymakers must balance the new policy against the choices...
Would Bonus Depreciation Grow the Economy and Pay For Itself?
The House passed legislation today to expand and make permanent the bonus depreciation rules that expired at the end of last year. A key argument for...
Congress Must Abide by PAYGO for Upcoming Legislation
Congress returns from its July 4th recess this week, and it will have plenty of work to do. Most pressing is the looming insolvency of the Highway...
Cost of Ways & Means Tax Cuts Passes the Trillion Dollar Mark
The Ways & Means Committee today marked up new and extende
Murphy-Corker: A Responsible Solution for Highways and an Irresponsible One for Tax Extenders
Senators Chris Murphy (D-CT) and Bob Corker (R-TN) announced a proposal this week to close the
House Keeps Increasing Deficits With Extenders
The House passed today two bills permanently reinstating three tax provisions that expired at the end of 2013.
Should Congress Extend Bonus Depreciation?
The Ways and Means Committee voted on a number of tax bills last week, including legislation that would
Ways and Means Continues Increasing Deficit With Tax Cuts
The Ways and Means Committee is continuing to work through the set of over 50 tax breaks that expired at the end of 2013, choosing certain provisio