3 Reasons Why We Should Certify All Paid Tax Preparers
Minimum standards for education and ethics would improve accuracy and transparency while protecting taxpayers.
Yes, America Can Afford to Dramatically Reduce Poverty and Increase Opportunity
Issue Brief Poverty in America is not inevitable. Simply by making different budgetary choices, policymakers could greatly reduce poverty and boost opportunity.
How the House Budget Sides with the Wealthy Over Everyone Else—Even Republican Voters
The House budget makes choices that are terrible for working families but popular with wealthy Republican donors. These priorities are out of touch with the American people and a majority of Republican voters.
Getting Beyond Rhetoric on Corporate Tax Reform
Corporate tax reform will never happen until lawmakers move beyond rhetoric and agree on these fundamental points.
Who Wins and Who Loses?
Issue Brief There is no shortage of tax reform ideas these days. Watch out for these claims when considering which tax reforms make sense.
Congress’ Tax Agenda: Businesses Before Working Families
The message from this week’s poverty data is clear: Congress needs to stop prioritizing tax benefits for businesses over those for low- and middle-income families.
Setting the Right Course in the Next Budget Agreement
Report Lawmakers must avoid sequestration for both defense and domestic programs, and new revenue is a necessary element of any associated deficit reduction.
Rewarding Tax-Time Savings Through Existing Law
The Internal Revenue Service can make administrative changes to help taxpayers qualify for the Saver’s Credit and boost their retirement savings.
Patent Tax Dodge: Why the Patent Box Does Not Answer America’s Need for Tax Reform
Although it may reduce multinational corporations’ incentive to engage in profit shifting, the patent box acts more like a budget sieve than as true tax reform.
Economic and Fiscal Debates Must Distinguish Between the Short Term and Long Term
Failing to distinguish short term from long term often confuses the federal budget debate, as was the case in a recent article about a Center for American Progress report co-authored by Antonio Weiss.
Congress Needs to Get Its Priorities Straight on the Tax Extenders
The early reports of a possible deal on tax extenders show how Congress has abandoned the concepts of fairness and efficiency.
The Skinny on Corporate Inversions
Issue Brief A growing number of U.S. companies are using corporate inversions to change their corporate residence—and to avoid U.S. taxes in the process. Here’s what Americans need to know.
The Middle-Class Squeeze
Report America's middle class is being squeezed by stagnant—and in many cases declining—incomes and rising costs. To address the middle-class squeeze, we need to enact policies that will both increase incomes and also address rising child care, higher education, health care, housing, and retirement costs.
The Growing Consensus to Improve Our Tax Code
Report Despite the political gridlock over taxes, there are actually many areas on which both sides agree. Policymakers should start here to improve our tax system.
Corporate Profits and Taxes
Charts Corporate profits now constitute a record-breaking share of total national income, while corporate taxes contribute a declining share of total federal revenues.