Oct 31, 2016 | Analysis
The Ryan-Brady tax plan lowersstatutory tax rates, maintains a progressive income tax, and dramatically reduces the marginal tax rate on new investment. The plan will simplify compliance with the tax code by increasing the number of filers choosing not to itemize deductions. The plan’s individual income tax reforms approach revenue neutrality at the end of the budget window.
Oct 28, 2016 | Op-Eds
Hillary Clinton wants to double the child tax credit for children under 5 and increase the refundability of the credit for more low-income households. Her proposal will further exacerbate the tax disparity between childless households and families with young children. And, by adding substantially to the federal deficit, the policy will shift the cost of raising today’s children onto future generations.
Oct 14, 2016 | Op-Eds
Hillary Clinton proposes doubling the child tax credit for children under 5 (from $1,000 to $2,000) and expanding the refundability of the credit to lower-income families. Her proposal 1) is expensive, 2) increases the deficit, 3) is unfair to childless taxpayers, 4) benefits a narrow group, 5) has an arbitrary cutoff, and 6) is just the beginning.