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IRS Must Now Be a Top Funding Priority

February 16, 2018

Now that President Trump and congressional leaders have raised annual spending caps for defense and non-defense discretionary programs for 2018 and 2019, policymakers should make additional Internal Revenue Service (IRS) funding a top priority. The recent tax bill poses a once-in-a-generation, multi-dimensional challenge for the IRS, and the President and Congress must give the IRS the funds...

IRS Funding Has Fallen Sharply

Instead of Boosting Working-Family Tax Credit, GOP Tax Bill Erodes It Over Time

December 21, 2017

Update, May 4, 2018:  We’ve updated a figure in the graphic.

The Republican tax bill not only squanders an important opportunity to help working families by strengthening the Earned Income Tax Credit (EITC), but it also permanently erodes the EITC’s value over time by adopting a different measure for adjusting tax brackets and certain tax provisions each year to account for...

GOP Tax Bill Erodes Earned Income Tax Credit Over Time by Slowing its Growth With Inflation

Republicans Chose Corporate Shareholders Over Working Families

December 19, 2017

The final Republican tax bill, which Republicans are rushing to pass this week, will ultimately raise taxes on many lower- and middle-income households and leave 13 million more people uninsured, to pay for permanent tax cuts for profitable corporations — the opposite of their claim that...

Final GOP Tax Bill Pays for Permanent Corporate Tax Cuts With Individual Tax Increases

GOP’s Tax Conference Priority: Tax-Free Inheritances or Less Harm to Working Families?

December 7, 2017

Giving the heirs of the nation’s wealthiest estates the largest possible estate tax cut would be a strikingly poor choice. 

Tax forms

Rubio-Lee Child Credit Proposal Should Be in Final Tax Bill

December 6, 2017

During debate on the Senate tax bill, Senators Marco Rubio and Mike Lee offered an amendment to improve the bill’s Child Tax Credit (CTC) for millions of low-income working families, paid for by cutting the corporate tax rate — currently 35 percent — to 20.9 percent rather than 20 percent....

Mother and Child Outside

Will House-Senate Conference Tilt Tax Bill Even More Against Working Families?

December 5, 2017

Low- and moderate-income working families are largely an afterthought in the House- and Senate-passed tax bills, which are heavily tilted to wealthy households and profitable corporations and add significantly to budget deficits. Addressing these fundamental flaws would effectively require the House-Senate conference committee that will iron out differences between the bills to start over and...

JCT and CBO: Senate Tax Bill Cuts Spending, Raises Taxes for Lower-Income Households to Help Pay for Tax Cuts

Senate GOP Tax Plan Raises Taxes on Middle and Lower Income, Adds Millions to Uninsured, to Pay for Corporate Tax Cut

November 20, 2017

Senate Republican leaders are rushing to pass a tax bill that will ultimately raise taxes on many middle- and lower-income households and leave 13 million more people uninsured, to pay for permanent tax cuts for profitable corporations — the opposite of their claim that the bill will “...

Dollar Bill Puzzle Pieces

New Senate Child Credit Proposal Still Doesn’t Prioritize Families That Most Need It

November 15, 2017

In revising the Senate Republican tax plan’s expansion of the Child Tax Credit (CTC), Senate Finance Committee Chairman Orrin Hatch raised its cost by about $13 billion (or 22 percent) per year but did nothing for the millions of low- and moderate-income working families that would get only token help under the prior proposal.

Under the revised proposal, a single mother with two...

New Senate Child Credit Proposal Still Doesn't Prioritize Families That Most Need It

Senate Tax Bill Limits Child Tax Credit Expansion for Low-Income Children, Extends Credit to Wealthy Households

November 10, 2017

Millions of children whose parents work for low wages would receive a severely limited increase or none at all. 

In Focus: Low-Income Working Families Get Little From Senate Tax Bill's Child Tax Credit Increase

House GOP’s Child Tax Credit Expansion Excludes Millions of Children in Lower-Income Working Families

November 4, 2017

The proposal excludes millions of children whose parents work in low-wage jobs, even as it expands eligibility for higher-income families.

In Focus: Millions of Working Families Are Excluded From GOP Plan's Child Tax Credit Expansion