Daily Deduction

“Every limbo boy and girl all around the limbo world…”

May 24, 2017 –
“First you spread your limbo feet.” TPC’s Howard Gleckman explains how President Trump’s budget proposal hangs together without falling over.

Cuts, Courts, and China

May 23, 2017 –
The President’s Budget: Reports of deep, huge cuts.

Collections, Decisions, and Profits

May 22, 2017 –
State income tax collections are down all over.

Budgets, Scores, and Permanence

May 19, 2017 –
Budget blues on the horizon?

Distribution, Deductibility, and Design

May 18, 2017 –
Finance panel Democrats press Mnuchin on taxes.

Tax Reform’s Future: Revenue-Neutral, Simple, and Uncertain

May 17, 2017 –
No BAT, no deficit-busting, “pump priming” tax reform, says Senator McConnell.

Tax Reform Fights and Forfeits

May 16, 2017 –
The price of a low tax rate on pass-throughs: Both President Trump and the House Republican leadership have proposed cutting the tax rate on partnerships, sole proprietorships, and other pass-through businesses. In a new report, TPC analyzed several variations...

What does a partial review of Trump’s tax returns mean?

May 15, 2017 –
The President’s lawyers have reviewed 10 years of his tax returns. They assure that, with a few exceptions, the returns show no income from Russian sources or debt owed to Russians. But...

Another Week, Another Tax Reform Challenge, Another Maybe

May 12, 2017 –
White House support for tax reform continues to crumble.

A CBO Score Soon, but Legislating… Later

May 11, 2017 –
The CBO plans to have its AHCA score in a few weeks. The organization says it will have its updated score of the American Health Care Act during the week of May 22.