The Impact of Redistributive Tax and Transfer Programs on Risk-Taking Behavior and Labor Mobility
Report A new CAP analysis explores the effects that redistributive tax and transfer programs have on Americans’ risk-taking behavior and labor mobility.
Priorities for Progressive, Pro-Growth Corporate Tax Reform
Issue Brief A broad reform is needed to ensure that the corporate tax code enables, rather than impedes, our nation’s economic success.
Competing Approaches to Tax Reform
Issue Brief President Obama’s balanced approach to tax reform, which eliminates unfair giveaways to the rich, stands in stark contrast to the House GOP’s proposed reforms that favor the wealthy and unfairly burdens poor and middle-class families.
Helping Working Families Build Wealth at Tax Time
Issue Brief The federal government can and should support efforts to help Americans save their paychecks and refunds during tax season.
Infographic: Tax Loopholes for Corporate Jets or Investments in Jobs and Education?
By eliminating a loophole that gives special treatment to corporate jets, Congress could avert cuts that would cost thousands of jobs, hurt millions of disadvantaged students, and force hundreds of thousands of vulnerable families to lose critical nutrition and housing supports this year.
Loopholes in the Estate Tax Show Why Revenue Must Be on the Table
Before Congress sacrifices needed public investments or puts programs that serve middle-class families at risk in the name of deficit reduction, it should ensure that the estate tax is actually paid by the few wealthy estates still subject to it.
Next Round of Deficit Reduction Must Tackle Hidden Spending in the Tax Code
Issue Brief Reducing or reforming certain tax breaks for high-income individuals and corporations could raise $1 trillion in revenue over 10 years.
Congress Should Close the Carried Interest Loophole
Closing the carried interest loophole should be a part of any significant deficit-reduction or tax-reform effort.
A Synopsis of CAP’s Comprehensive Tax Reform and Deficit Reduction Plan
Our new plan addresses some of the most serious flaws in the federal tax code while raising additional revenue to be used for deficit reduction, and at the same time offering changes to government spending.
Reforming Our Tax System, Reducing Our Deficit
Report In order to secure our fiscal future and achieve meaningful deficit reduction over the next 10 years, we need a plan that combines progressive, revenue-enhancing tax reform with pragmatic spending cuts that do not undermine the middle class, the poor, or seniors.
House Republican Tax Bill Leaves Some Military Families Behind
Seth Hanlon looks at three typical military families to see how they would fare under the House Republican tax plan being voted on today. Hint: It’s not good for them.
Standing in the Way of Middle-Class Tax Cuts
The House should drop its insistence on continued tax cuts for high incomes and join the Senate in enacting tax relief for 98 percent of households, write Seth Hanlon and Sarah Ayres.
Senate Republican Plan Raises Far More People’s Taxes than the Senate Democratic Plan
Seth Hanlon points out that Sen. McConnell’s tax plan would let tax credits for working parents and families paying for college expire while extending all high-income tax cuts.
Closing Tax Loophole to Pay for Student Loan Bill Is Simply Common Sense
Seth Hanlon explains why closing the so-called Gingrich-Edwards loophole, which allows certain well-heeled professionals avoid taxes, is an obvious and fair way to hold down the cost of student loans.
The Rich and Powerful Really Are Rich and Powerful
Michael Linden points out the many flaws in Washington Post columnist Robert J. Samuelson’s argument that the wealthy don’t hold sway over federal policy.