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Daily Deduction

Agreements, Returns, and Debates

October 18, 2017 –
There’s a deal in principle on the Affordable Care Act cost-sharing reduction payments.

Claims and Comparisons

October 17, 2017 –
Wait ‘til next year. President Trump seemed to acknowledge what Hill Republicans have been saying for days and independent observers have been predicting about a tax bill for months.

A complication, a choice, a contradiction, and a calendar

October 16, 2017 –
What’s the biggest obstacle in the way of tax reform? Time considers President Trump. He may have called tax reform his top priority, but Congress remains wary of filling in the missing details in the Big Six Unified Framework. Why?

Only 73 Days Left until Tax Cuts?

October 13, 2017 –
They’ll be home for Christmas, unless… Speaker Paul Ryan says he may keep the House in session during the holidays to pass tax legislation: “I don’t care, we got to get this done.”

Keep on Truckin'

October 12, 2017 –
The president went to Pennsylvania to tout a "huge" tax cut for the "middle class." Much of his focus? Repealing the estate tax.

The Unified Framework that Could

October 11, 2017 –
He thinks it can. President Trump dismissed concerns that his ongoing feud with Sen. Bob Corker would make it harder for Congress to pass a tax cut.

Talk is cheap. Deficits are not.

October 10, 2017 –
Tax (and trash) talk continues while deficit spending climbs. The President may have picked a fight with Sen. Bob Corker at just the wrong time.

Tax Perception and Tax Reality

October 9, 2017 –
Messaging matters. House Speaker Paul Ryan has extolled the virtues of lowering business taxes and promoting the Big Six Unified Framework proposed cuts in business tax rates, but he’s spent much less time touting the benefits of the framework for individuals.

A budget resolution, corporate rate cuts and growth, and infrastructure

October 6, 2017 –
The GOP-controlled House passed its version of a budget resolution buy a vote of 219-206

Outlooks, Compensation, and Inflation

October 5, 2017 –
A Grain of SALT? House Ways & Means chair Kevin Brady acknowledges that Congress won’t fully repeal the state and local tax deduction.
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Brief

The Tax Gap’s Many Shades of Gray (Brief)

Daniel Hemel, Janet Holtzblatt, Steven M. Rosenthal
February 22, 2022

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