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off the charts

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This week on Off the Charts, we focused on jobs, the federal budget and taxes, state budgets and taxes, food assistance, and Disability Insurance.

  • On jobs, Chad Stone illustrated the March jobs report. We also highlighted our event featuring a keynote speech by former Federal Reserve Board Chairman Ben Bernanke and a discussion by leading economists on policies to promote full employment.
  • On the federal budget and taxes, Brandon DeBot showed that cuts in IRS funding have undermined taxpayer service and enforcement of the nation’s tax laws. He also gave state-by-state figures showing that repealing the estate tax would benefit only a small number of wealthy estates.
  • On state budgets and taxes, Michael Mazerov pointed to a new study that casts serious doubt on a costly corporate tax cut called the “single sales factor.” Erica Williams listed a number of states that are creating or expanding earned income tax credits to help low-income working families.
  • On food assistance, Dottie Rosenbaum explained that proposed cuts in SNAP would come on top of other recent cuts, such as the expiration of the benefit increase in the 2009 Recovery Act.
  • On Disability Insurance, Kathy Ruffing summarized two of our newly updated pieces on the program to reflect the latest figures and research.

This week, Chad Stone released a statement on the March jobs report.  We published papers on the problems with the Tax Foundation’s “Tax Freedom Day” report and the impact of the Recovery Act’s boost in SNAP benefits, as well as a fact sheet on taxes and interstate migration.  We updated our reports on the “doc fix” compromise and IRS funding cuts and our chart books on Disability Insurance and the legacy of the Great Recession.  We also updated our backgrounders on tax exemptions, deductions, and credits; unemployment insurance; marginal and average tax rates; federal payroll taxes; and deficits, debt, and interest.

CBPP’s Chart of the Week – The March Jobs Report shows Lingering Slack in the Labor Market:

A variety of news outlets featured CBPP’s work and experts recently. Here are some highlights:

Republicans have a new plan to cut taxes for the top 0.2 percent
Washington Post
April 1, 2015

The Misguided Crusade to Kill the Estate Tax
U.S. News & World Report
March 27, 2015

As the G.O.P. Promises to Address Inequality, Follow the Money
New Yorker
March 27, 2015

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