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Analyses of McCain Tax Record

March 3, 2000 12:58 PM | Permalink | Click here for more information on the tax bills cited here.Click here for a table comparing the candidates’ tax votes.Click here to see this analysis in PDF format. John McCain’s Congressional Tax Record, 1981-1999 John McCain was elected to the House of Representatives from Arizona in 1982 and 1984, then […]

Analysis of Bradley Tax Record

March 3, 2000 12:57 PM | Permalink | Click here for more information on the tax bills cited here.Click here for a table comparing the candidates’ tax votes.Click here to see this analysis in PDF format. Bill Bradley’s Congressional Tax Record, 1981-1999 Bill Bradley was first elected to the United States Senate from New Jersey in 1978, and […]

Analysis of Gore Tax Record

March 3, 2000 12:56 PM | Permalink | Click here for more information on the tax bills cited here.Click here for a table comparing the candidates’ tax votes.Click here to see this analysis in PDF format. Albert Gore’s Congressional Tax Record, 1981-1999 Albert Gore was first elected to the House of Representatives from Tennessee in 1978, and was […]

Analysis of Bush Tax Record

March 3, 2000 12:55 PM | Permalink | Click here to see this analysis in PDF format. Texas Governor George W. Bush’s Record on Taxes Citizens for Tax Justice, March 3, 2000 George W. Bush began his first term as Governor of Texas in January 1995. Although Bush had campaigned in 1994 on a platform of […]

Distributional Analysis of House GOP and Democratic Marriage Penalty Bills

February 11, 2000 03:44 PM | Permalink | On Feb. 10, the House passed GOP-sponsored legislation to reduce the “marriage penalty,” the extra income taxes that a married couple pays compared to a similar income couple living outside of marriage. It rejected a Democratic alternative. Effective in 2001, the House-passed plan would slightly boost the […]

Bush Tax Plan Takes Giant Bite Out of Social Security

February 4, 2000 12:59 PM | Permalink | A more detailed analysis of the Bush plan is available in HTML or PDF format. Related CTJ Publications: Analysis of George W. Bush Tax Plan Analysis of McCain Tax Plan The huge cost of the upper-income tax cut plan put forward by Texas Gov. George W. Bush would far […]

Analysis of McCain Tax Proposal

January 11, 2000 01:00 PM | Permalink | Click here to see this analysis in PDF format. Related CTJ Publications: Analysis of George W. Bush Tax Plan Analysis of Bush Plan’s Effect on Social Security The tax plan announced on Jan. 11 by Sen. John McCain would provide little or no benefit to the three-fifths of […]

In Defense of the 1986 Tax Reform Act

January 7, 2000 02:35 PM | Permalink | Click here to see this analysis in PDF format. Lately, some very misinformed people have been mistakenly criticizing Bill Bradley’s tax record, in particular his major role in the enactment of the Tax Reform Act of 1986. Citizens for Tax Justice doesn’t take sides in political debates– commendably, […]

Income Taxes on Working Families with Modest Incomes Under the George W. Bush Tax Plan

January 1, 2000 01:01 PM | Permalink | Click here to see this analysis in PDF format. Introduction & summary: The current federal income tax system does not tax the earnings of low- and moderate-income working families with children. In fact, the vast majority of such families actually enjoy “negative” income taxes. In other words, their […]

GOP Hopes Big Wave of Capital Gains Tax Prepayments Will Offset 95 Percent of Tax Plan's Cost in FY 2001

August 13, 1999 05:36 PM | Permalink | The official congressional estimates of the cost of the GOP’s proposed capital gains tax cut show an unusual blip in fiscal 2001, when the capital gains tax cut is supposed to boost federal revenues by a net $15.5 billion. Likewise, the Joint Committee on Taxation’s distributional table […]

GAO Report: Big Foreign-Controlled Firms Operating in U.S. Pay Lower Taxes than American Companies

April 14, 1999 04:35 PM | Permalink | Click here  to see this analysis in PDF format. A new report from the General Accounting Office for Senator Byron Dorgan (D-N.D.) shows that large foreign-controlled corporations doing business in the United States pay considerably less in U.S. corporate income taxes than similarly sized American companies. According […]

Fixing the "Marriage Penalty" Problem

February 1, 1999 03:45 PM | Permalink | One of the vexations of married life in America is the marriage penalty imposed by the Internal Revenue Code. Virtually all married couples pay the marriage penalty. That is, marital partners could expect to reduce their combined income taxes by getting a divorce and entering into a […]

Flat Tax Proposals: An Introduction to Recent Legislation

November 1, 1998 02:19 PM | Permalink | CTJ, November 1, 1998 The “flat tax” was first proposed by two Stanford economists, Robert Hall and Alvin Rabushka, in their 1983 book “Low Tax, Simple Tax, Flat Tax.” The Hall-Rabushka plan, on which the Armey-Shelby bill is based, would replace the current personal income and corporate […]

Who Pays Capital Gains Taxes?

June 26, 1998 05:38 PM | Permalink | With all the persistent talk in Washington about cutting taxes even further on profits from selling stocks and bonds, it might be useful to point out who pays those “capital gains taxes” under current law. The attached table provides details. A few items stand out: Just over […]

Notes on the Budget Surplus and Capital Gains

June 23, 1998 05:39 PM | Permalink | Fiscal 1998’s continuation of the strong federal tax revenue growth that began in fiscal 1993, along with severe spending restraints, makes the first federal budget surplus since the Johnson administration highly likely this year.   Through May of this fiscal year, the federal government has run a […]

What Marriage Penalty? Phony Figures in the Tax Debate

June 12, 1998 03:54 PM | Permalink | As they talk about tax simplification, both the Republican Congress and the Democratic president have been enthusiastic about creating disparities among taxpayers of similar incomes– especially when it comes to treating investment income more favorably than wages. But now many in Congress are making a great cause […]

The Tax on Marriage: We Can Get Rid of It Without Giveaways to the Rich

June 10, 1998 03:47 PM | Permalink | It’s one of life’s little annoyances, at least for the majority of adults who are married. The couple next door, with exactly the same income as you and your spouse, pays less in taxes than you do. Your neighbors may be retirees living on Social Security and […]

IRS Reforms Are No Bargain For Taxpayers

May 21, 1998 02:27 PM | Permalink | With much fanfare, the U.S. Senate recently passed its Internal Revenue Service overhaul bill. After discussions with the House, a version of the legislation will undoubtably become law soon. The Senate vote was 97-0, with no one willing to go on record against the cynical Republican IRS […]

The 23 Percent Solution?

January 23, 1998 02:41 PM | Permalink | By Robert S. McIntyre Washington Suppose a bunch of rich people want to promote a national sales tax to replace the Federal income tax. How do they try to persuade the public to support such a plan? Simple: play with the arithmetic. Earlier this month, the well-financed […]

The "Tax on Marriage" Should we get rid of it, and, if so, how?

January 15, 1998 03:56 PM | Permalink | The “Tax on Marriage” Should we get rid of it, and, if so, how? by Michael J. and Robert S. McIntyre First published in People & Taxes, May 1980Updated January 1998 Read the Full Article Want even more CTJ? Check us out on Twitter, Facebook, RSS, and […]

A Big Tax Blunder

September 12, 1997 02:29 PM | Permalink | Two years ago, Republicans in Congress tried to let lobbyists for big polluters rewrite environmental laws behind closed doors. Not surprisingly, many people were appalled. But now Republican leaders are back with a similar notion for the Internal Revenue Service. They want to put corporate special interests […]

Brief Description of and Comments on the 1997 Tax Act

August 18, 1997 09:39 AM | Permalink | (Read the PDF)Overview: The 1997 Tax Act was a disaster for the goal of fair, simple and adequate taxation. Among its defects: Almost half the tax cuts provided by the legislation will go to the best-off 5 percent of taxpayers. In contrast, taxpayers in the lowest 40% […]

Gains and Losses

February 17, 1997 05:41 PM | Permalink | From The Nation, February 17, 1997   If anything resurrected Bill Clinton after the 1994 elections and kept him in the White House past 1996, it was his joining with congressional Democrats in criticizing GOP plans to slash Medicare in order to pay for “a big tax […]

Tax Subsidies Reward Corporate Downsizers

September 19, 1996 04:36 PM | Permalink | By all accounts, 1995 was a very good year for American business. According to the Commerce Department, corporate pretax profits jumped by 14 percent in 1995–to a record $600.8 billion.(1) Yet despite strong profits and a growing economy, American corporations laid off more than 400,000 workers during […]

Final Estimates on Cost and Distribution of 1996 Dole Plan

August 26, 1996 12:47 PM | Permalink | For Immediate Release, Monday, August 26, 1996 Citizens for Tax Justice today released final estimates of the cost and distribution of GOP presidential candidate Bob Dole’s 1996 campaign tax plan. The analysis finds that the Dole plan would add $132 billion a year to the federal budget […]