Baseline is current law plus the repeal of the AMT. Proposal would implement President Trump's proposed 10%/25%/35% rate structure for the income brackets outlined in...
Baseline is current law plus the repeal of the AMT. Proposal would implement President Trump's proposed 10%/25%/35% rate structure for the income brackets outlined in...
You think health care and tax reform have problems… According to Democrat Senator Chris Coons of Delaware, the Senate is not likely to complete its work on health care until 2018.
This fact sheet describes the more than $275 million economic development package that the state of Massachusetts and City of Boston offered to General Electric to influence its relocation from Fairfield, Connecticut to Boston in 2016.
Number of corporations (and their qualified expenses, cost of supplies, wages for qualified services) claiming a credit for increasing research activities, by industry sector, 2003 to 2013.
Number and share of filers and returns by number of years appearing in the 400 individual income tax returns reporting the highest adjusted gross income (AGI) each year. The IRS discontinued this data series after tax year 2014.
Average effective tax rates for the 400 individual income tax returns reporting the highest adjusted gross income (AGI) each year. The IRS discontinued this data series after tax year 2014.
General Electric decided to relocate its headquarters from Fairfield, Connecticut, to Boston, Massachusetts, last year. To convince GE to make the move, state government agencies...
Waiting for CBO… Missouri GOP Senator Roy Blunt says the Senate will wait for a CBO score of the health care legislation before proceeding with a vote.
The “Main Street Fairness Act” ( H.R. 5076 and S. 707 ) requires tax “parity” between businesses organized as pass-throughs and corporations. The legislation has...
The House repeals the ACA and heads home for a week. By a narrow partisan majority of 217 to 213, the House voted to replace the Affordable Care Act with the American Health Care Act.
Last week, The Washington Post reported that the Trump Administration was considering making the child and dependent care tax credit (CDCTC) refundable . Earlier estimates...
Whither the “carried interest loophole?” House and Senate Democrats plan to hold President Trump accountable to his promise to repeal the carried interest loophole.
“When did you first learn about taxes?” I asked my 18-year-old nephew who had just been telling us about his organic chemistry class. If he could manage the structure of carbon atoms, surely he could he could learn a little tax policy.
Q: Since the modern federal income tax was created in 1913, how often has Congress enacted a revenue-neutral income tax reform that significantly expanded the...