September 20, 2002 02:32 PM | Permalink | Four flights up in a dilapidated building on L Street, Robert S. McIntyre holds a candle for liberal America. Steps up from Stoney’s Beef-N-Beer on one side and the Washington headquarters of the SEIU (Service Employees International Union) on the other, McIntyre serves as the director of […]
June 12, 2002 05:25 PM | Permalink | A new study released today by Citizens for Tax Justice and the Children’s Defense Fund reveals for the first time who stands to benefit from the 2001-enacted Bush tax cuts in each year from 2001 through 2010. Among the key findings: Over the ten-year period, the richest […]
April 18, 2002 05:26 PM | Permalink | More than half of the Bush tax cuts enacted last year that are scheduled to take effect after 2002 will go to the best-off one percent of all taxpayers. In contrast, for four out of five Americans, most of the tax cuts have already taken effect this […]
April 17, 2002 04:07 PM | Permalink | Click here to see this analysis in PDF format.Click here for a chart showing trends in corporate income taxes. A startling surge in corporate tax welfare is expected to drive corporate income taxes over the next two years down to only 1.3 percent of the gross domestic product. That […]
March 15, 2002 04:08 PM | Permalink | Click here to see this analysis in PDF format. The big corporate tax cut bill just passed by Congress and signed by President Bush will slash corporate income tax payments this year to their lowest level as a share of the economy since the early Reagan administration. This […]
March 7, 2002 04:10 PM | Permalink | Click here to see this analysis in PDF format. Related CTJ Analyses Analysis of 12/01 Stimulus Plan 12/18/01 $7.4 Billion in AMT Relief for 16 Corporations 10/26/01 Corporate Income Taxes in the 1990s 10/19/00 The so-called “stimulus” bill that the House overwhelming passed today offers the same $114 […]
January 15, 2002 04:11 PM | Permalink | Click here to see this analysis in PDF format. A January 17 analysis of Enron’s financial documents by Citizens for Tax Justice finds that Enron paid no corporate income taxes in four of the last five years– although the company was profitable in each of those years. Over […]
December 18, 2001 04:12 PM | Permalink | Click here to see this analysis in PDF format. Related CTJ Analyses Analysis of Senate Stimulus Plan 10/29/01 Analysis of House Stimulus Plan 10/15/01 Impact of Accelerated Rate Cuts 10/15/01 $7.4 Billion in AMT Relief for 16 Corporations 10/26/01 Corporate Income Taxes in the 1990s 10/19/00 The latest […]
November 15, 2001 04:14 PM | Permalink | This is a moment when Americans are coming together in a spirit of cooperation and community unseen since World War II. There is an air of patriotism and national purpose. Yet, lobbyists for our largest corporations – GE, GM, IBM and others – are taking advantage of […]
November 7, 2001 04:16 PM | Permalink | Click here to see this analysis in PDF format. Washington, D.C.Profitable corporations that will receive a total of $7.4 billion in immediate Alternative Minimum Tax (AMT) rebates if the economic “stimulus” bill recently passed by the House of Representatives becomes law are also major campaign contributors, giving […]
November 1, 2001 04:18 PM | Permalink | Click here to see this analysis in PDF format.Click here to see CTJ’s 1985 report on Corporate Taxpayers and Corporate Freeloaders in PDF format. “The committee believes the tax system is nearing a crisis point. . . . [C]ertain tax provisions allow many corporations to pay relatively little […]
October 29, 2001 04:20 PM | Permalink | Click here to see this analysis in PDF format. Related CTJ Analyses Analysis of Senate Stimulus Plan 10/29/01 Analysis of House Stimulus Plan 10/15/01 Impact of Accelerated Rate Cuts 10/15/01 $7.4 Billion in AMT Relief for 16 Corporations 10/26/01 Corporate Income Taxes in the 1990s 10/19/00 Last year, […]
October 29, 2001 12:23 PM | Permalink | Click here to see this analysis in PDF format. Senate Republicans have proposed even larger upper-income and corporate tax cuts than the bloated “stimulus” measure passed by the House last week on a party-line vote. Over the first three years, the Senate GOP measure would cut taxes by […]
October 22, 2001 04:22 PM | Permalink | Special-interest zeal to co-opt the national crisis as an excuse for huge new upper-income tax breaks continues unabated in Washington, D.C. As I write this, the House is on the verge of approving a bloated “stimulus” tax-cut bill that makes a mockery of the previous bipartisan agreement […]
October 16, 2001 12:24 PM | Permalink | Click here to see this analysis in PDF format. Related CTJ Analyses Analysis of Senate GOP Stimulus Plan 10/29/01 Analysis of House Stimulus Plan 10/26/01 AMT Case Studies 10/29/01 Corporate Income Taxes in the 1990s 10/19/00 The “stimulus” tax-cut bill just approved by the House Ways and Means […]
October 15, 2001 05:28 PM | Permalink | Click here to see this analysis in PDF format. The House Ways and Means Committee, on a party line vote, has approved a bill that over the next three years would almost double the size of the Bush tax cuts enacted last May. Officially, the new corporate and […]
October 12, 2001 12:25 PM | Permalink | Click here to see this analysis in PDF format. Related CTJ Analyses Analysis of House Stimulus Plan 10/15/01 Impact of Accelerated Rate Cuts 10/5/01 Impact of Capital Gains Proposal 10/12/01 House Republicans continue to push for a reduction in income taxes on capital gains. The latest proposal, from […]
October 9, 2001 05:31 PM | Permalink | Click here to see this analysis in PDF format. Supply-Siders Go to War When Abraham Lincoln faced the dissolution of the nation in the early 1860s, he imposed new taxes on the wealthy to help pay to save the Union. When Franklin Roosevelt took America to war against […]
October 5, 2001 05:32 PM | Permalink | Click here to see this analysis in PDF format. Facing growing public sentiment to delay or repeal future tax cuts to address our nation’s economic and budget problems, the Bush administration is pushing for just the opposite. It wants to accelerate the scheduled 2006 reductions in the top […]
September 25, 2001 04:25 PM | Permalink | Click here to see this analysis in PDF format. Astonishingly, a number of congressional leaders are trying to take advantage of the horrible events of September 11 and our nation’s current economic woes to promote a variety of big corporate tax cuts. One of the most egregious proposals […]
September 18, 2001 05:35 PM | Permalink | 1. Due to the terrible events of September 11, the federal government will need to spend considerably more than previously anticipated to pay for anti-terrorism efforts and to aid our faltering economy. 2. These new emergency spending requirements have made the Bush tax cuts even more unaffordable. […]
August 17, 2001 05:37 PM | Permalink | Just before the August recess, the House passed its version of the Bush energy bill, largely along partisan lines. The plan is centered on $33.5 billion in energy-related tax reductions over the next ten years. The bill’s backers disingenuously insist the bill is well-balanced, with 37 percent […]
June 19, 2001 05:40 PM | Permalink | Click here to see this analysis in PDF format.Click here for a related analysis. On May 26, 2001, the congressional Joint Committee on Taxation (JCT) released its estimates of the distributional effects of the 2001 tax act’s income tax cuts, on a year by year basis from 2001 through […]
June 18, 2001 05:39 PM | Permalink | Click here to see this analysis in PDF format.Click here for a related analysis. The vast majority of American taxpayers will see the bulk of their Bush tax cuts take effect this year, leaving only a minority of taxpayers with a significant stake in the Effects of the final […]
June 13, 2001 05:41 PM | Permalink | Click here to see this analysis in PDF format.Click here to see the summary table in PDF format.Click here to see more detailed state-by-state tables in PDF format. Citizens for Tax Justice today released a state-by-state analysis of the final version of President Bush’s tax cut plan, as signed by […]