The Tax Policy Center has published a new distributional analysis the American Rescue Plan (ARP) that incorporates several relatively minor tax provisions that were not...
Democratic presidential candidate Joe Biden’s current campaign plan would raise taxes by $2.1 trillion over the next decade, about 0.9 percent of Gross Domestic Product.
The Tax Cuts and Jobs Act (TCJA) will cut taxes by almost $1.5 trillion over the next decade, largely benefiting corporations, pass-through businesses such as...
Individual tax expenditures reduced federal revenues by $1.168 trillion in 2015, according to new estimates by the Tax Policy Center. And the biggest share of...