Tax Policy Center

CBO

Individual Taxes: TaxVox
Here is one way to think about the Congressional Budget Office and Joint Committee on Taxation score of the House Republican health bill : By...
March 14, 2017Howard Gleckman
Individual Taxes: TaxVox
House Republicans are pushing for quick passage of The American Health Care Act (AHCA), which would modify or repeal many aspects of the Affordable Care...
March 10, 2017Benjamin R. Page
Federal Budget and Economy: TaxVox
President Trump and Congress are likely to consider an historically broad range of tax and spending changes over the next year. But they’ll be doing...
February 3, 2017Howard Gleckman
Campaigns, Proposals, and Reforms: TaxVox
The Congressional Budget Office’s long term budget outlook is a curious document. On one hand, a 30-year fiscal forecast will almost certainly be wrong. But...
July 12, 2016Howard Gleckman
Individual Taxes: TaxVox
A new Congressional Budget Office report does a nice job of busting some of the most persistent tax myths of both the political left and...
June 9, 2016Howard Gleckman
Federal Budget and Economy: TaxVox
That headline sure sounds geeky. But if you have any interest in future tax reform, immigration reform, or health care reform, the way the Congressional Budget Office scores the budgetary effects of major legislation matters--a lot. And yesterday CBO issued a supplemental analysis of President Obama’s budget that included a full-blown look at how that fiscal plan would affect the economy, and what those economic changes would mean for future deficits.
June 7, 2016Howard Gleckman
Business Taxes: TaxVox
Yesterday was quite a day for corporate tax geeks. We saw a corporate tax inversion that comes with a long, Baroque history; an estimate by Reed College economist Kim Clausing that inversions and other income-shifting techniques reduced Treasury revenues by as much as $111 billion in 2012; and a
January 25, 2016Howard Gleckman
Individual Taxes: TaxVox
The other day, I wrote about new Congressional Budget Office estimates that individual income tax revenues are likely to grow significantly over the next decade. A new paper by my Tax Policy Center colleagues Jim Nunns and Jeff Rohaly shows the importance of this trend through the rest of the
September 3, 2015Howard Gleckman
Federal Budget and Economy: TaxVox
In its semi-annual fiscal update released this week, the Congressional Budget Office projects that federal revenues will remain flat over the next decade, while spending—mostly for health care and Social Security—will rise. The result: Budget deficits, which have been declining in recent years as
August 27, 2015Howard Gleckman
: TaxVox
The CBO, the ACA, and the economy: Precision doesn’t mean accuracy. Last Friday, the Congressional Budget Office projected that repeal of the Affordable Care Act would add $137 billion to the national debt over 10 years but boost the economy. But the estimates came with a big warning: “[R]epealing
June 24, 2015Renu Zaretsky