March 31, 2009 01:54 PM | Permalink | Testimony of Michael J. McIntyre and Robert S. McIntyre On Banking Secrecy Practices and Wealthy American TaxpayersBefore the U.S. House Committee on Ways and MeansSubcommittee on Select Revenue Measures March 31, 2009 Read the Full Testimony Want even more CTJ? Check us out on Twitter, Facebook, RSS, […]
March 30, 2009 01:56 PM | Permalink | The undersigned organizations support a budget that makes the investments we need to rebuild our economy and promote shared prosperity. We know that putting our country on the right path requires responsible choices, including ensuring that there is enough revenue to sustain our recovery and invest in […]
March 27, 2009 01:58 PM | Permalink | Yesterday, the Republican leadership in the U.S. House of Representatives released the outlines of a tax and spending plan1 that they argue is a more fiscally responsible alternative to the budget outline proposed by President Obama and the similar budget resolutions working their way through the House […]
March 18, 2009 02:10 PM | Permalink | Budget Proposal Includes Significant Progressive Initiatives & Tax Reforms, But Revenues Fall Short(State-by-State Figures in Appendix) On February 26, President Obama sent to Congress the blueprint for what could be one of the most progressive federal budgets in generations. The budget calls for national health care reform, […]
March 17, 2009 02:13 PM | Permalink | As Senate Finance Committee Meets to Consider Offshore Tax Evasion, Citizens for Tax Justice Joins Other Organizations in Support of Legislation to Crack Down on Tax Havens Citizens for Tax Justice has joined over 20 other national organizations signing a letter to Congress in support of legislation […]
March 17, 2009 02:07 PM | Permalink | A Closer Look at Programs Hidden Within the Tax Code Would Enhance Government Transparency In his recently released budget blueprint, President Obama promised to overhaul the way the federal government judges its own effectiveness.1 In addition to opening the evaluation process to input from the public, the […]
February 13, 2009 12:27 PM | Permalink | Impact of Selected Tax Cuts in Final Economic Stimulus Bill, State-by-State Read the Full Report Source: ITEP Tax Model, February 13, 2009 Want even more CTJ? Check us out on Twitter, Facebook, RSS, and Youtube!
February 11, 2009 03:29 PM | Permalink | How Would the Stimulus Proposals Affect Families With Children In Your State? State Fact Sheets and Analysis from Citizens for Tax Justice Updated February 11, 2009 Read the Full Report Want even more CTJ? Check us out on Twitter, Facebook, RSS, and Youtube!
February 11, 2009 12:29 PM | Permalink | The economic stimulus bill that the Senate approved yesterday includes several tax cuts thatare not in the stimulus bill approved by the House of Representatives two weeks ago. Amongthese, there is one that stands out as particularly expensive and unlikely to stimulate theeconomy — the Senate’s proposed […]
February 10, 2009 03:33 PM | Permalink | Senate and House Per-Child Tax Credit Plans, Feb. 10, 2009 See the Full Chart Want even more CTJ? Check us out on Twitter, Facebook, RSS, and Youtube!
February 10, 2009 02:31 PM | Permalink | The economic stimulus bill that the Senate approved today includes several tax cuts that are not in the stimulus bill approved by the House of Representatives two weeks ago and which should be excluded from the final bill that goes to the President. The bill approved by […]
January 30, 2009 02:15 PM | Permalink | “Congress can swear on two stacks of Bibles that it’ll never do it again, but they’ve lost their virginity.” H. David Rosenbloom, Director, NYU School of Law International Tax Program, commenting to the New York Times on July 24, 2007 on the “repatriation” provision in the American […]
January 29, 2009 03:35 PM | Permalink | Some members of Congress lately are fond of saying that refundable tax credit (credits against tax that can result in the IRS actually sending money to taxpayers instead of taking money from them) amount to “tax cuts for people who don’t pay taxes.” This is intentionally misleading. […]
January 28, 2009 12:04 PM | Permalink | National and State-by-State Fact Sheets in Appendix On Friday, January 23, House Republican Leader John Boehner (OH) and Republican Whip Eric Cantor (VA) presented their “Economic Recovery Plan” to President Obama. The Republican plan is based on income tax cuts for relatively well-off families, and business tax […]
January 26, 2009 12:12 PM | Permalink | The tax cuts proposed as economic stimulus by Democrats in the U.S. House of Representatives are far more targeted towards working class people than the tax cuts proposed by their Republican counterparts. The Democratic proposal is therefore more likely to be effective stimulus, since it would put […]
January 9, 2009 12:15 PM | Permalink | Senate Minority Leader Mitch McConnell (R-KY) has recently said that he does not believe that the stimulus proposal put forward by President-elect Barack Obama is sufficiently focused on tax cuts. While Obama’s proposal reportedly does include as much as $300 billion in tax cuts, Senator McConnell argues […]
January 9, 2009 12:13 PM | Permalink | President-elect Obama and Congressional leaders are discussing plans for economic stimulus legislation to be enacted in the coming weeks or months. The two-year package being discussed is said to cost around $775 billion and a surprisingly large $300 billion of that would go towards tax cuts. All […]
December 24, 2008 12:17 PM | Permalink | Click here to see this analysis in PDF format. In a December 23 letter to President-elect Barack Obama, the National Retail Federation (NRF) suggested that Obama’s pending stimulus plan should include a provision for a series of nationwide “sales tax holidays” during which consumers would pay no state […]
December 12, 2008 02:17 PM | Permalink | If Congress decides to again consider legislation to save the automobile industry from collapse, it should exclude (or dramatically revise) two tax provisions included in the bill approved by the House of Representatives and rejected by the Senate this week. The first provision would waive a section […]
December 4, 2008 02:00 PM | Permalink | The recession faced by the United States has changed the nature of the debate over taxes. Questions of who should pay how much to fund public services have been replaced with questions about how quickly we can boost the economy with tax cuts or government spending that […]
December 3, 2008 01:59 PM | Permalink | New estate tax statistics from the IRS show that the percentage of deaths resulting in federal estate tax liability is below one percent nationally and in most states and continues to fall. Under the tax cut enacted by President Bush in 2001, the federal estate tax is […]
November 7, 2008 12:18 PM | Permalink | In late September, while the major presidential candidates debated solutions for reforming the federal corporate income tax, a little-noticed ruling by the Internal Revenue Service (IRS) opened the door for widespread corporate tax avoidance by a few of the biggest, most profitable financial institutions in the country. […]
October 29, 2008 12:29 PM | Permalink | Presidential candidates John McCain and Barack Obama have both proposed to slash taxes dramatically. Senator Obama would give the very richest taxpayers a much smaller tax cut or, in some cases, a tax increase, while Senator McCain would give enormous and costly tax cuts to the richest […]
October 23, 2008 12:31 PM | Permalink | While presidential candidate John McCain has promised to make permanent the Bush income tax cuts for all Americans, his opponent, Barack Obama, promises to make them permanent for almost all Americans. A new analysis from Citizens for Tax Justice shows that only a small percentage of the […]
October 21, 2008 12:32 PM | Permalink | When the Earned Income Tax Credit was expanded in the Tax Reform Act of 1986, President Reagan, who signed the bill into law, called the EITC “the best anti-poverty, the best pro-family, the best job-creation measure to come out of Congress.” The EITC provides a tax credit […]