#Tax Policy

Twenty years after the Kerrey-Danforth Commission on Entitlement and Tax Reform issued its bipartisan findings, its co-chairs on Dec. 16 will release an update and explain why Americans today -- including the 2016 presidential candidates -- should champion broad fiscal…

Lawmakers are unfortunately focusing on renewing several expired tax provisions, mainly benefiting businesses, without offsetting the lost revenue. Initially, lawmakers were negotiating a much larger deal that would have made several expired provisions permanent while extending many others for one…

Republicans and Democrats alike sounded some encouraging notes on potential bipartisan cooperation in the wake of last week’s election, including the possibility of tax reform and less fiscal brinksmanship. Some areas of disagreement and conflict, of course, have been reviewed…

As candidates for federal office put their fall campaigns into high gear, The Concord Coalition has released its latest “Key Questions” that voters should ask them about the nation’s fiscal challenges.The publication includes information to help voters assess current political…

Tax expenditures will reduce government revenue by $7.2 trillion over the next 5 years, according to recent estimates by the Joint Committee on Taxation (JCT) staff. These provisions in the tax code reduce what individuals and corporations pay; they range…

The House recently passed a short-sighted measure that would cut the 2015 enforcement budget for the Internal Revenue Service (IRS) by 25 percent.Republicans say they are punishing the IRS for its poor response to recent scandals. But this would amount…

Last week the House Ways and Means Committee voted to advance bills making six more expiring tax provisions permanent without offsetting the lost revenue.If these six bills are all enacted, they would increase budget deficits by $400 billion in the…

The IRS recently estimated that 318,000 federal workers and retirees owe the government more than $3.3 billion in back taxes. That includes hundreds who work for Congress or in the federal courts, and 36 who work at the White House…