Reports by Gillian Brunet
Results per page: 50 | 100
Results by year: 2011 | 2010 | 2009 | 2008
-
Unpacking the Tax Cut-Unemployment Compromise
December 10, 2010
Last night, the Senate released legislative language for the tax cut-unemployment insurance compromise negotiated between President Obama and Congressional Republicans. The Joint Committee on Taxation (JCT) released an official cost estimate for the revenue portions of the bill shortly thereafter. These graphs illustrate the various components … -
High-Income People Would Benefit Significantly From Extension of “Middle-Class” Tax Cuts
August 13, 2010
A fact generally overlooked in the debate over whether Congress should extend the high-income Bush tax cuts — i.e. those targeted exclusively at couples making over $250,000 and single individuals making over $200,000 — is that these households will still receive substantial tax cuts if Congress extends the so-called … -
Extension of High-Income Tax Cuts Would Benefit Few Small Businesses; Jobs Tax Credit Would Be Better
August 3, 2010
Proponents of extending President Bush’s 2001 and 2003 tax cuts for people with incomes over $250,000 argue, in part, that allowing them to expire after 2010 would weaken the economy by hurting small businesses. In reality, however, extending the tax cuts would do little for small business because only the top 3 percent of people with … -
Unlimited Estate Tax Exemption For Farm Estates Is Unnecessary and Likely Harmful
June 29, 2010
Proponents of repealing the estate tax have made farmers, along with small business, the face of their cause, driving some policymakers to push for special preferences for farms in estate tax law. One of the most radical of these proposed changes is an unlimited estate tax exemption for farmland, recently introduced by Rep. Mike Thompson … -
Compromise Provision to Narrow “Carried Interest” Tax Loophole Should Not Be Weakened Further
June 9, 2010
A provision in the jobs bill that the House passed on May 28 would partially close a tax loophole that allows investment fund managers to pay taxes on a large part of their income — their “carried interest” — at the 15 percent capital gains tax rate rather than at normal income tax rates of … -
Stalled Proposal to Cut Estate Tax Further Is Deeply Flawed and Should Not Be Revived
Revised May 21, 2010
A proposal that several senators were developing — before negotiations stalled this week — to cut the estate tax beyond the generous parameters in place in 2009 was deeply flawed, relying on two budget gimmicks to mask its unaffordable cost. “The details [of the proposal] are pretty well resolved,” the leading … -
High-Income Tax Cuts Should Expire on Schedule
April 1, 2010
Allowing the 2001 and 2003 tax cuts for couples making over $250,000 (and singles over $200,000) to expire on schedule on December 31 represents the best course of action for the budget and the economy. Extending those tax cuts for one or two years, as some have proposed, would be highly ill-advised. It would make it much more likely that … -
Tax Foundation Figures Do Not Represent Typical Households’ Taxes
March 30, 2010
This report has been updated. Click here for the updated analysis. Executive Summary Each year, the Tax Foundation releases a report projecting “Tax Freedom Day,” which it describes as the day when Americans will have “earned enough money to pay this year’s tax obligations at the federal, state, and local levels.”[1] The Tax … -
Student Loan Reform in Health Bill Would Save More Than $60 Billion and Invest in Access to College
March 19, 2010
The health reform legislation heading for a vote in Congress within the next few days includes major reforms to the student loan system that would save more than $60 billion over ten years and invest more in educational opportunity for millions of aspiring students. Under the proposal, the federal government — which now pays banks …
