Tax Policy Center

CBO

Federal Budget and Economy: TaxVox
The Trump Administration would miss its revenue targets by at least $3 trillion under more realistic economic assumptions...
February 12, 2020Howard Gleckman
Federal Budget and Economy: TaxVox
Last week the Congressional Budget Office (CBO) released a letter that reviewed how its revenue forecasts have declined over the past two years. While we...
November 5, 2019Benjamin R. Page
Federal Budget and Economy: TaxVox
CBO Predicts Historic Levels of Debt By Mid-Century If the US continues today’s patterns of taxes and spending, the national debt will almost triple as...
June 25, 2019Howard Gleckman
: TaxVox
On June 21, the family and friends of Alice Rivlin will join with much of Washington’s public policy community to celebrate her life and extraordinary...
June 20, 2019C. Eugene Steuerle
: TaxVox
Alice Rivlin made the world a better place in so many ways. She will forgive me for ignoring most of them in this brief essay...
May 15, 2019Leonard E. Burman
: TaxVox
Were you surprised that the 2017 tax overhaul, commonly referred as the Tax Cuts and Jobs Act (TCJA), did not increase revenues in 2018? Probably...
March 13, 2019William G. GaleAaron Krupkin
Federal Budget and Economy: TaxVox
In its annual budget update, the Congressional Budget Office projected yesterday that under current law the federal deficit is headed for $1 trillion by 2022...
January 29, 2019Howard Gleckman
Federal Budget and Economy: TaxVox
What is the difference between Chicago mayoral candidate Willie Wilson, and President Trump and Congress? Wilson, you may recall, spent last Sunday handing out an estimated...
July 26, 2018Howard Gleckman
: TaxVox
The Tax Cuts and Jobs Act (TCJA) affects the after-tax income of households in two ways: directly through the individual income tax and indirectly through...
February 19, 2018Benjamin R. Page
: TaxVox
The United Framework for tax reform outlined last week by the congressional Republican leadership and the Trump Administration included a proposal to eliminate the estate...
October 9, 2017Daniel Berger