Permanently Extending the Trump Tax Cuts Would Cost $4 Trillion Over the Next Decade ArticleMay 8, 2024 Permanently Extending the Trump Tax Cuts Would Cost $4 Trillion Over the Next Decade Permanently extending the Trump tax cuts would cost $400 billion per year and give the largest tax cut to extremely rich households. May 8, 2024 Bobby Kogan, Jessica Vela
The Tax Cuts and Jobs Act Failed To Deliver Promised Benefits ReportApr 30, 2024 The Tax Cuts and Jobs Act Failed To Deliver Promised Benefits Benefits of the business tax changes in Trump’s 2017 tax bill were costly and did not trickle down to workers and families. Apr 30, 2024 Jean Ross
Our aging and low-income workforce needs a broader tax break In the NewsApr 18, 2024 Our aging and low-income workforce needs a broader tax break In The Hill, Beth Almeida and Brendan Duke write about why the United States needs an expanded earned income tax credit. Apr 18, 2024 The Hill Beth Almeida, Brendan Duke
Point: IRS Direct Simplifies Tax Filing, Saves Money In the NewsApr 11, 2024 Point: IRS Direct Simplifies Tax Filing, Saves Money In "DC Journal," Jean Ross writes about the benefits of IRS Direct File. Apr 11, 2024 DC Journal Jean Ross
The Schumer-Johnson Budget Deal, Explained ArticleFeb 6, 2024 The Schumer-Johnson Budget Deal, Explained Under the tight caps in the budget agreement, Congress should be able to meet the nation’s highest priorities, but the federal government would provide a lower level of services and benefits than it did in fiscal year 2023. Feb 6, 2024 Bobby Kogan, Jean Ross
Rebuilding the IRS Improves Customer Service and Reduces the Tax Gap ArticleJan 30, 2024 Rebuilding the IRS Improves Customer Service and Reduces the Tax Gap Funding from the Inflation Reduction Act helps ensure that the wealthy and large corporations pay what they owe and that customer service improvements continue. Jan 30, 2024 Jean Ross
Cryptocurrency Income Is Taxable Income ReportJan 11, 2024 Cryptocurrency Income Is Taxable Income Tax laws apply to digital assets just like any other assets. Jan 11, 2024 Alexandra Thornton, Jean Ross
How Cities Can Take Advantage of Direct Pay Past EventJan 4, 2024 How Cities Can Take Advantage of Direct Pay Please join the BlueGreen Alliance, the Center for American Progress, Lawyers for Good Government, and the National League of Cities for a virtual briefing on how cities, towns, and villages can take advantage of direct pay programs and tax credit bonuses. Jan 4, 2024 Rachel Chang, Jillian Blanchard, Brennen Cain, 4 More Jaron Goddard, Jason Walsh, Mike Williams, Carolyn Berndt
Recent Health Savings Account (HSA) Expansion Proposals Are Costly and Misguided ArticleDec 13, 2023 Recent Health Savings Account (HSA) Expansion Proposals Are Costly and Misguided New HSA proposals expand tax shelters for the wealthy while failing to address health care affordability challenges. Dec 13, 2023 Jean Ross, Andrea Ducas
How Threats to IRS Funding Endanger America’s Fiscal Future Past EventOct 31, 2023 How Threats to IRS Funding Endanger America’s Fiscal Future Please join Patrick Gaspard, president and CEO of the Center for American Progress, in conversation with former U.S. Treasury Secretary Dr. Lawrence H. Summers on the importance of adequate funding for tax enforcement and administration to a healthy democracy. Oct 31, 2023 Patrick Gaspard, Lawrence H. Summers, Jean Ross
How George W. Bush and Donald Trump broke America’s tax system In the NewsOct 27, 2023 How George W. Bush and Donald Trump broke America’s tax system In an op-ed published by MSNBC, Bobby Kogan argues that tax cuts are the reason the federal deficit has grown despite a strong economy. Oct 27, 2023 MSNBC Bobby Kogan
Point: Strong Prevailing Wage Standards Help Grow the Economy In the NewsOct 19, 2023 Point: Strong Prevailing Wage Standards Help Grow the Economy In an InsideSources op-ed, Karla Walter argues why the Biden administration’s support of prevailing wage standards will help grow the middle class. Oct 19, 2023 InsideSources Karla Walter
House Ways and Means Proposal Would Hurt Honest Tax Filers and Reward Tax Avoidance ArticleJul 31, 2023 House Ways and Means Proposal Would Hurt Honest Tax Filers and Reward Tax Avoidance Congress should extend and expand, not weaken, information reporting. Jul 31, 2023 Jean Ross
Maximizing the Benefits of Direct Pay for Clean Energy Tax Credits ReportJul 27, 2023 Maximizing the Benefits of Direct Pay for Clean Energy Tax Credits To fully realize the potential of direct pay and maximize the deployment of clean energy tax credits, the Treasury and IRS must make the program as accessible as possible. Jul 27, 2023 Rachel Chang
House Appropriations Committee Actions Threaten To Block a Public Option for Online Tax Filing ArticleJul 10, 2023 House Appropriations Committee Actions Threaten To Block a Public Option for Online Tax Filing A hostile rider would bar efforts to create a no-cost filing option that would save taxpayers money. Jul 10, 2023 Jean Ross, Crystal Weise
House Bill Would Slash Business Taxes and Undermine Efforts To Stem Profit Shifting ArticleJun 20, 2023 House Bill Would Slash Business Taxes and Undermine Efforts To Stem Profit Shifting A new House Republican proposal would cut business taxes, expanding the primary cause of the nation’s increasing debt ratio. Jun 20, 2023 Jean Ross
Biden Tax Proposals Would Correct Inequities Created by Trump Tax Cuts and Raise Additional Revenues ReportApr 14, 2023 Biden Tax Proposals Would Correct Inequities Created by Trump Tax Cuts and Raise Additional Revenues President Biden’s fiscal year 2024 tax proposal would impose new taxes on unearned income, while improving the child tax credit. Apr 14, 2023 Jean Ross
Bank Failures Highlight Need for a Strong and Independent CFPB ArticleApr 10, 2023 Bank Failures Highlight Need for a Strong and Independent CFPB The CFPB faces legal and political challenges amid instability in the banking system. Apr 10, 2023 Lilith Fellowes-Granda, Crystal Weise
Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio ReportMar 27, 2023 Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio Without the Bush and Trump tax cuts, debt as a percentage of the economy would be declining permanently. Mar 27, 2023 Bobby Kogan
The ‘Fair Tax’ Act Would Radically Restructure the Nation’s Tax System in Favor of the Wealthy ArticleFeb 8, 2023 The ‘Fair Tax’ Act Would Radically Restructure the Nation’s Tax System in Favor of the Wealthy The Fair Tax Act would replace federal income and payroll taxes with a national sales tax, slashing federal revenues and cutting taxes on the wealthy. Feb 8, 2023 Jean Ross, Kyle Ross
The Biden Administration’s First 2 Years: Stories of Americans Who Benefit From a Government Invested in Their Future ArticleDec 12, 2022 The Biden Administration’s First 2 Years: Stories of Americans Who Benefit From a Government Invested in Their Future This collection features stories from Americans across the country whose lives and communities have benefited from the legislative and executive actions passed under the Biden administration. Dec 12, 2022 the Center for American Progress Action Fund
Congress should prioritize families over corporate tax breaks In the NewsNov 3, 2022 Congress should prioritize families over corporate tax breaks Jean Ross urges lawmakers to prioritize the child tax credit over corporate tax breaks. Nov 3, 2022 The Hill Jean Ross
Child Tax Credit Improvements Must Come Before Corporate Tax Breaks ArticleOct 25, 2022 Child Tax Credit Improvements Must Come Before Corporate Tax Breaks To sustain recent reductions in child poverty, Congress should prioritize improvements to the child tax credit over corporate tax breaks in year-end tax negotiations. Oct 25, 2022 Jean Ross, Kyle Ross
What You Need To Know About Inflation and the Inflation Reduction Act ArticleOct 6, 2022 What You Need To Know About Inflation and the Inflation Reduction Act The Inflation Reduction Act will help reduce costs, create jobs, and ensure corporations pay their fair share in taxes. Oct 6, 2022 Rose Khattar, Tymoni Correa-Buntley
The Inflation Reduction Act: What It All Means Past EventSep 14, 2022 The Inflation Reduction Act: What It All Means Please join the Center for American Progress for a multipanel discussion with OMB Director Shalanda Young, one of the key officials responsible for implementing the IRA, and everyday Americans about the Inflation Reduction Act and what it will mean for the United States and the American people. Sep 14, 2022
5 Little-Known Facts About Taxes and Inequality in America ReportAug 30, 2022 5 Little-Known Facts About Taxes and Inequality in America Rich Americans face the lowest payroll tax rates and benefit from skewed income tax deductions, loopholes, and rate preferences. Aug 30, 2022 Nick Buffie
The Rental Housing Crisis Is a Supply Problem That Needs Supply Solutions ReportAug 22, 2022 The Rental Housing Crisis Is a Supply Problem That Needs Supply Solutions Policymakers must prioritize improving housing access and affordability for low-income households through immediate and long-term investments. Aug 22, 2022 Ashfaq Khan, Christian E. Weller, Lily Roberts, 1 More Michela Zonta
The Inflation Reduction Act Would Only Raise Taxes From Wall Street and Big Corporations ArticleAug 2, 2022 The Inflation Reduction Act Would Only Raise Taxes From Wall Street and Big Corporations Contrary to critics’ claims, the Inflation Reduction Act would only increase taxes for large corporations and the wealthy while providing meaningful benefits for middle-income families across the country. Aug 2, 2022 Jean Ross, Jessica Vela
Numbers don’t lie: Ron Johnson’s tax scam was a raw deal for Wisconsin In the NewsAug 2, 2022 Numbers don’t lie: Ron Johnson’s tax scam was a raw deal for Wisconsin Seth Hanlon urges Sen. Ron Johnson (R-WI) to support the Inflation Reduction Act and put the needs of Wisconsin families ahead of his own interests. Aug 2, 2022 Heartland Signal Seth Hanlon
The Inflation Reduction Act Brings Down Costs and Boosts Energy Supply, Cutting Inflation and Making Historic Investments Fact SheetJul 29, 2022 The Inflation Reduction Act Brings Down Costs and Boosts Energy Supply, Cutting Inflation and Making Historic Investments The Inflation Reduction Act would solve mismatches between supply and demand at work in the U.S. economy, reducing inflation and strengthening the country’s long-term economic outlook. Jul 29, 2022 Rose Khattar, Lily Roberts
Fact Sheet: How Closing a Tax Loophole That Benefits the Rich Would Strengthen Medicare ArticleJul 14, 2022 Fact Sheet: How Closing a Tax Loophole That Benefits the Rich Would Strengthen Medicare A key provision reportedly agreed to in the reconciliation bill would extend the Medicare trust fund by three years. Jul 14, 2022 Jean Ross, Seth Hanlon
Extremist US Politicians Are Aiding and Abetting Autocratic Hungarian Regime ArticleJul 13, 2022 Extremist US Politicians Are Aiding and Abetting Autocratic Hungarian Regime The extreme right brazenly supports Hungarian efforts to impede U.S. and European Union allied interests, subverting policies that would ensure corporations pay their fair share and sanction Russia for its Ukraine invasion. Jul 13, 2022 Seth Hanlon, Mara Rudman
Hearing on Tax Policy for Inclusive Economic Growth In the NewsJun 23, 2022 Hearing on Tax Policy for Inclusive Economic Growth Seth Hanlon testified before the U.S. House Select Committee on Economic Disparities and Fairness in Growth on evaluating tax fairness. Jun 23, 2022 the U.S. House Select Committee on Economic Disparity and Fairness in Growth Seth Hanlon
New Research Adds to Evidence That Opportunity Zone Tax Breaks Are Costly and Ineffective ArticleJun 16, 2022 New Research Adds to Evidence That Opportunity Zone Tax Breaks Are Costly and Ineffective Policymakers should enact commonsense reforms to opportunity zones to boost transparency and accountability, stem rising costs, and focus attention on communities most in need. Jun 16, 2022 Jean Ross
The Millionaire Surcharge Would Improve the Fairness of the Tax Code ArticleJun 8, 2022 The Millionaire Surcharge Would Improve the Fairness of the Tax Code Special carveouts are unwarranted and would create new ways for the ultrawealthy to game the system. Jun 8, 2022 Jean Ross, Seth Hanlon
Tax Breaks for Retirement Savings Do Not Help the Workers Who Need Them Most ReportMay 20, 2022 Tax Breaks for Retirement Savings Do Not Help the Workers Who Need Them Most While retirement savings incentives—and those recently proposed in the SECURE Act 2.0—favor the wealthy, reforms should prioritize the low- and middle-income taxpayers most at risk of financial insecurity in retirement. May 20, 2022 Jean Ross
Tackling Climate Change and Environmental Injustice Tackling Climate Change and Environmental Injustice We pursue climate action that meets the crisis’s urgency, creates good-quality jobs, benefits disadvantaged communities, and restores U.S. credibility on the global stage.
Restoring Social Trust in Democracy Restoring Social Trust in Democracy Democracy is under attack at home and abroad. We must act to ensure it is accessible to all, accountable, and can serve as a force of good.
Building an Economy for All Building an Economy for All Economic growth must be built on the foundation of a strong and secure middle class so that all Americans benefit from growth.