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Tax Reform: Archives

Loopholes in the Estate Tax Show Why Revenue Must Be on the Table

Donald Trump and Ivanka TrumpBefore 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.

By Seth Hanlon and Sarah Ayres Steinberg | Thursday, January 24, 2013

Next Round of Deficit Reduction Must Tackle Hidden Spending in the Tax Code

Sen. Carl Levin article icon Issue Brief Reducing or reforming certain tax breaks for high-income individuals and corporations could raise $1 trillion in revenue over 10 years.

By Seth Hanlon | Tuesday, January 22, 2013

Congress Should Close the Carried Interest Loophole

John Boehner and Mitch McConnell at a press conferenceClosing the carried interest loophole should be a part of any significant deficit-reduction or tax-reform effort.

By Seth Hanlon and Gadi Dechter | Tuesday, December 18, 2012

A Synopsis of CAP’s Comprehensive Tax Reform and Deficit Reduction Plan

U.S. Capitol 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.

Tuesday, December 4, 2012

Reforming Our Tax System, Reducing Our Deficit

The U.S. Capitol under dark, stormy clouds book_alt2 icon 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.

By Roger Altman, William Daley, John Podesta, Robert Rubin, Leslie Samuels, Lawrence Summers, Neera Tanden, Antonio Weiss, Michael Ettlinger, Seth Hanlon, and Michael Linden | Tuesday, December 4, 2012

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.

By Seth Hanlon | Wednesday, August 1, 2012

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.

By Seth Hanlon and Sarah Ayres Steinberg | Tuesday, July 31, 2012

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.

By Seth Hanlon | Friday, July 20, 2012

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.

By Seth Hanlon | Monday, May 7, 2012

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.

By Michael Linden | Tuesday, May 1, 2012

The Federal Tax Code and Income Inequality

article icon Issue Brief Michael Linden examines how our tax code has grown less effective at dampening income inequality, and how various proposals to reform the code would affect inequality.

By Michael Linden | Thursday, April 19, 2012

The Richest 1 Percent Get More, Pay Less

This chart from Michael Linden shows how the wealthiest Americans have enjoyed more income with lower taxes since 1993. Asking them to pay their fair share should be part of any deficit reduction plan.

By Michael Linden | Tuesday, April 17, 2012

What the Buffett Rule Will and Won’t Do

Seth Hanlon and Sarah Ayres detail three reasons why the “Fair Share Act” is good for our nation alongside three reasons why its critics are off base.

By Seth Hanlon and Sarah Ayres Steinberg | Friday, April 13, 2012

Paul Ryan’s Phony Tax Simplification

The House Republican budget proposal is not about making the tax code simpler; it’s about making it less progressive, says Seth Hanlon.

By Seth Hanlon | Thursday, March 22, 2012

Stabilizing Employment and the Economy Even During Tough Times

Matt Separa explains how the new work-sharing provision of the payroll tax bill will preserve jobs, benefit businesses, and bolster the economy even during a recession.

By Matt Separa | Wednesday, March 21, 2012