Issue Brief Fixing the excessive and expensive system of tax breaks, credits, and loopholes is key to any deficit reduction plan. Seth Hanlon suggests six principles to guide Congress’s work in this area.
Sarah Ayres shows how many millionaires are paying less in taxes than millions of Americans.
The rich as well as Ronald Reagan back a rule to ensure tax fairness.
Seth Hanlon and Michael Linden show that President Obama’s “Buffett Rule” is hardly class warfare, as critics charge. It’s merely a plea for tax fairness that so strikingly echoes ones Ronald Reagan made 25 years ago, it might be called the “Reagan Rule.”
Those attacking the president’s plan for adding $1.5 trillion in revenue over the next 10 years should look at the other deficit reduction plans out there, says Michael Linden.
Michael Linden and Michael Ettlinger compare the two presidents’ records on taxes and find that President Obama’s first-term cuts are bigger than President Bush’s.
Lower top marginal income tax rates don’t lead to employment growth as conservatives claim, writes Michael Linden.
Comparing growth rates during times of high and low marginal tax rates shows that lower rates do not translate to faster growth, writes Michael Linden.
Michael Linden, Seth Hanlon, and Jordan Eizenga show that the United States has low taxes for individuals and corporations compared to other countries and compared to American history.
Seth Hanlon and Daniel J. Weiss explain why oil company lobbyists are wrong when they claim that ending handouts to companies will increase taxes.
Seth Hanlon shows how oil and gas companies are poised to reap more than $70 billion in tax breaks over the next 10 years, even as they rake in billions in profits that are squeezing ordinary Americans at the pump.
James Hairston examines myths about American attitudes toward taxes and finds that people want policymakers to take on Bush tax cuts for the wealthy as part of any long-term budget plan.
Seth Hanlon explains in plain English how multibillion dollar “tax expenditures” work, their pros and cons, and their effect on the federal budget.
Seth Hanlon launches a new weekly series by looking at the biggest tax break in the Internal Revenue Code: the tax exemption for employer-sponsored health insurance.