Second Round of House GOP Tax Cuts Would Have Massive Long-Run Cost
The new House tax bill would add more than $3 trillion to deficits over the second 10 years.
Budget, Tax, and Infrastructure
Indexing Capital Gains to Inflation Will Only Further Rig the Economy Against Workers
The Trump administration’s plan to allow capital holders to index their assets to inflation is the latest attempt to benefit the wealthy as it takes steps to cut workers’ pay and retirement savings.
11 Ways the Wealthy and Corporations Will Game the New Tax Law
The tax law enacted in December 2017 opened the door to a whole new level of tax-avoidance games primarily available to wealthy individuals and businesses and big corporations.
How to Give Teachers a $10,000 Raise
Because teachers’ compensation should reflect the importance of their work, CAP proposes a $10,000 federal Teacher Tax Credit that would increase pay for eligible teachers in high-poverty schools.
The Data Do Not Support Supply-Side Economics
New Federal Reserve data show that 2017 tax cuts benefited shareholders but did not boost investment.
Congress Should Not Give a Second Helping of Tax Cuts to the Rich
Permanently extending provisions of the 2017 tax law would give more wasteful tax cuts to high-income Americans and cause lasting fiscal damage.
Tax Cuts for the Top 1 Percent Cost More Than SNAP
This table presents a state-by-state comparison of TCJA tax cuts for the top 1 percent and SNAP spending.
Tax Cut Bill Will Lead to Trillion Dollar Deficits
Despite claims that the recently passed tax cut bill will lead to a reduction in deficits and debt, CBO projections indicate that the opposite will be true.
The Balanced-Budget Amendment Threatens Americans’ Health Care, Social Security, and Jobs
In addition to worsening economic downturns, this amendment would increase the chances that congressional dysfunction could cause the United States to default on its obligations and plunge world financial markets into crisis.
The Trump Plan to Cut Benefit Programs Threatens Children
Cuts to programs that provide children with health care, nutritious food, and stable housing will compromise their development during a critically important time.
State Election Security Spending Guidance for 2018 Omnibus
Congress provided money to states to improve election security. Here’s how they should spend it.
Broken Promises: More Special Interest Breaks and Loopholes Under the New Tax Law
Congressional leadership and President Donald Trump promised tax reform that would make the tax code simpler and fairer, would create more jobs, and would not protect the wealthy and well-connected. But the tax law they passed will do just the opposite.
Trump’s Defense Budget
President Trump has proposed an unnecessarily large increase in the defense budget that will actually weaken national security.
Fact Sheets: President Trump’s FY 2019 Budget Harms Nearly Every Community Across the Country
Trump’s budget is an unmitigated disaster for everyday Americans—including women, people with disabilities, LGBTQ individuals, communities of color, and more.
President Trump’s Infrastructure Proposal Recklessly Undermines Environmental Laws
President Trump's infrastructure plan ignores authorities that could help him accelerate the permitting process and instead calls for new guts to environmental protections.