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Posts by Brandon DeBot

Tax Refund Delays Strain Working Families

April 5, 2017

A Senate Finance Committee hearing tomorrow will examine taxpayers’ experiences during the 2017 tax filing season. A major new policy that has affected millions of taxpayers requires the IRS to delay refunds for taxpayers filing early in the tax season...

EITC and CTC Refund Delays Caused Sharp Drop in Tax Refunds Early This Filing Season

House GOP’s Proposed “Fix” for Health Bill Prioritizes Tax Cuts for Richest

March 21, 2017

In their updated health bill, House Republicans are doubling down on their plan to cut taxes for high-income households while cutting health insurance for mostly low- and moderate-income households —...

Eliminating Two Heath Reform Medicare Taxes Helps Only High-Income Filers

ACA Repeal Would Deliver Billions in Tax Cuts to the Top

January 12, 2017

Republicans’ planned bill to repeal the Affordable Care Act (ACA), which is expected to be similar to the repeal bill that President Obama vetoed in January 2016, would give an immediate windfall tax cut totaling billions to the highest-income Americans by eliminating two Medicare taxes — the additional Hospital Insurance tax and the Medicare tax on unearned income — that both fall only on...

With ACA Repeal, Top 400 Households Get Tax Cuts Worth More than Premium Tax Credits for 800,000 People in 20 States and D.C.

Sequestration Squeezing Federal Support for Schools

September 29, 2015

Federal funding for preschool and K-12 programs, many of them for low- and moderate-income students, has shrunk by 13 percent since 2010 after adjusting for inflation, and new cuts approved by the House and Senate Appropriations Committees for 2016 would bring the total reduction since 2010 to 20 percent and 17 percent, respectively (see chart).

The squeeze on these programs is largely...

House and Senate Bills Would Deepen Past Cuts to K-12 Education

Small Taxpayer Services Increase Wouldn’t Offset Past Cuts

June 19, 2015

The House Appropriations Committee approved legislation Wednesday that would impose the biggest cut yet to the IRS after five years of damaging cuts.  Nevertheless, House appropriators argue that its small ($75...

Proposed Increase in Taxpayer Services Funding for 2016 Wouldn't Offset Prior Cuts

House Bill Would Make Biggest IRS Cut Yet

June 16, 2015

After five years of cuts to the IRS that have compromised taxpayer service and weakened enforcement, House Republicans have proposed what would be the deepest cut yet.  Their proposal would fund the IRS at $10.1 billion in 2016, or $838 million below the...

House Bill Would Cut IRS Funding Even More Deeply

Costly House Approach to Tax Extenders

May 20, 2015

The House plans to vote today on a bill to significantly expand the Research and Experimentation (R&E) tax credit and make it permanent.  The White House threatened yesterday to veto the bill — and with...

Making Tax Extenders Permanent Would Undo Large Share of High-Income Savings from "Fiscal Cliff" Deal

John Oliver’s Funny Take on the Serious Problem of IRS Funding Cuts

April 13, 2015

We’ve repeatedly warned about the serious damage that deep IRS budget cuts have caused, including an erosion in taxpayer services and enforcement.  John Oliver’s HBO show last night featured an informative — and entertaining — segment on the issue (...

Congressional Budgets Likely Lock in Damaging IRS Funding Cuts

April 8, 2015

Today’s Washington Post (see here and ...

A State-by-State Look at the Estate Tax

April 2, 2015

House Republicans are expected to bring their proposal to repeal the federal estate tax to a vote in the week of April 13.  Repeal would reduce revenues by $269 billion over the next decade and worsen inequality because it would benefit only a small number...