July 23, 1996 04:37 PM | Permalink | July 23, 1996 Citizens for Tax Justice strongly supports legislation to limit current federal tax deferrals that subsidize the export of American jobs. Such reform legislation is embodied in S. 1355, Senator Byron Dorgan’s “American Jobs and Manufacturing Preservation Act.” Similar legislation has been approved by the […]
May 12, 1996 02:35 PM | Permalink | Kemp, The Flat Tax and Employer Provided Health Care Former housing secretary Jack Kemp agreed that the flat tax [which taxes fringe benefits] might lead to a decrease in employer-funded health care. “But people would be able to purchase their own health insurance,” he told “Face the […]
May 2, 1996 04:45 PM | Permalink | The Hidden Entitlements, released in May of 1996, describes the tax loopholes for the rich and corporations that are hidden in the tax code. Each of the entitlement programs contributing to the $455 billion in tax loopholes for 1996 is described in detail, with detailed cost estimates […]
March 8, 1996 02:26 PM | Permalink | NOTES: Current law figures include personal and corporate income taxes, estate & gift taxes and taxes on fiduciaries, all of which would be repealed under the flat tax. Negative current personal income tax in the lowest income group under current law reflects the earned-income tax credit, which […]
March 8, 1996 02:25 PM | Permalink | Flat tax legislation sponsored by Rep. Dick Armey (R-Tex.) and endorsed by presidential candidate Malcolm S. “Steve” Forbes, Jr. would raise taxes on the vast majority of Texas families, while showering enormous tax cuts on very wealthy people such as Forbes himself. Armey’s flat tax bill calls […]
March 5, 1996 02:29 PM | Permalink | NOTES: Current law figures include personal and corporate income taxes, estate & gift taxes and taxes on fiduciaries, all of which would be repealed under the flat tax. Negative current personal income tax in the lowest income group under current law reflects the earned-income tax credit, which […]
March 5, 1996 02:28 PM | Permalink | Most New Yorkers would pay considerably higher federal taxes under “flat tax” legislation introduced by Rep. Richard Armey (R-Tex.) and Sen. Richard Shelby (R-Ala.), and endorsed by presidential candidate Malcolm S. “Steve” Forbes, Jr. These tax increases would be compounded by either a huge increase in the […]
February 6, 1996 02:35 PM | Permalink | The flat tax plan of House Majority Leader Richard K. Armey (R-Tex) calls for a tax rate of 20% for the first two years and a 17% rate in subsequent years. At both rates the tax raises substantially less revenue than the taxes it replaces and targets […]
February 6, 1996 02:33 PM | Permalink | Source: Break-even rates and exemptions from U.S. Treasury, “An Analysis of the New Armey-Shelby Flat Tax Proposal,” Dec. 1995. Calculations by Citizens for Tax Justice, Feb. 1996. NOTE: Taxable fringe benefits under the flat tax include employer-paid health insurance, the employer share of Social Security and Medicare […]
February 6, 1996 02:31 PM | Permalink | When asked about the $200-billion-a-year increase in the federal budget deficit that his 17% “flat-tax” plan would apparently entail, Malcolm S. (“Steve”) Forbes, Jr. usually replies: “I don’t want to get stuck in static analysis.” Taking Forbes up on his suggestion, Citizens for Tax Justice, a non-partisan […]
February 1, 1996 02:23 PM | Permalink | By Robert S. McIntyre “The one thing I will not do is shift the tax burden from the super rich to the middle class,” Bob Dole told a GOP audience on Jan. 20 in New Hampshire. “You won’t tolerate that and I won’t tolerate it and it’s […]
January 17, 1996 02:32 PM | Permalink | The Kemp Commission’s loophole-ridden flat-rate tax proposal released on January 17, 1996 would balloon the budget deficit by hundreds of billions of dollars annually or require a tax rate in excess of 30 percent to break even, according to a preliminary analysis of the Commission’s report by […]
July 27, 1995 02:22 PM | Permalink | Citizens for Tax Justice, August 15, 1995 June 1994: Rep. Dick Armey introduces H.R. 4585, calling for a 17% flat-rate tax to replace all federal personal and corporate income taxes. The bill is patterned after a flat-rate consumption tax designed by Hoover Institution economists Robert Hall and […]
June 12, 1995 02:24 PM | Permalink | Robert S. McIntyre Having attacked the liberal accomplishments of the Great Society and New Deal, congressional Republicans are preparing to eliminate a reform that stretches even further back into history: the progressive income tax. Republicans in both houses of Congress have introduced plans for a flat […]
May 17, 1995 02:20 PM | Permalink | Statement of Robert S. McIntyre Director, Citizens for Tax Justice Concerning Proposals for a Flat-Rate Consumption Tax Before the Joint Economic Committee May 17, 1995 I appreciate the opportunity to testify before the Committee on behalf of Citizens for Tax Justice. Our coalition of labor, public interest […]
May 3, 1995 04:46 PM | Permalink | Click here to download this analysis in PDF format. I appreciate the opportunity to testify before the Committee on behalf of Citizens for Tax Justice. Our coalition of labor, public interest and grassroots citizens groups represents tens of millions of middle- and low-income Americans, who have a […]
January 25, 1995 05:42 PM | Permalink | Testimony of Robert S. McIntyreDirector, Citizens for Tax JusticeBefore the House Ways and Means CommitteeRegarding Proposed New Tax Subsidies for Capital Gains andCorporate Profits Designed to Gut the Tax Reform Act of 1986January 25, 1995 I appreciate the opportunity to testify before the Committee on behalf of […]
September 25, 1994 02:37 PM | Permalink | By Robert S. McIntyre Remember a decade and a half ago, when supply-side Republicans promised they would cut everybody’s taxes and balance the budget at the same time? Remember how, as it turned out, most people’s taxes went up and the deficit skyrocketed–while the only thing that […]
June 23, 1994 04:13 PM | Permalink | Peter G. Peterson, as he cheerfully admits, is not a member of the middle class. He’s a richRepublican Wall Street investment banker. But in his crusade against deficits and entitlements, he adroitly poses as a champion of the middle class. Read the Full Article Want even more […]
March 25, 1993 04:48 PM | Permalink | March 25, 1993 Multinational corporations, whether American- or foreign-owned, are supposed to pay U.S. income taxes on the profits they earn in the United States. But our tax laws often fail miserably to achieve this goal. As a result, our corporate tax base has been undermined, multinational […]
October 11, 1989 04:50 PM | Permalink | Tax reform is working. That’s the principal finding of this study, the fifth annual Citizens for Tax Justice report on America’s corporations and the taxes they pay -or don’t pay. Read the Full Report Want even more CTJ? Check us out on Twitter, Facebook, RSS, and Youtube!
February 27, 1989 05:20 PM | Permalink | Restoring Fairness to Iowa TaxesIowa’s current tax system is seriously regressive. Instead of taxing according to ability to pay, Iowa heaps onerous burdens on low- and middle-income families while asking the richest citizens to contribute a significantly smaller share.This inequitable tax situation results from a combination of […]
September 11, 1988 04:51 PM | Permalink | It’s outrageous. By the middle of this decade, the United States tax code had become so riddled with loopholes that the biggest, most profitable corporations in the nation could routinely thumb their noses at the federal tax collector-and do so legally and with impunity. Meanwhile, people who […]
June 11, 1986 04:54 PM | Permalink | This report is the third in a series of CTJ surveys of the taxpaying or tax-avoiding habits of America’s major corporations, many of which have enjoyed a tax holiday since the experiment in supply-side corporate tax “incentives” began in 1981. It comes as Congress is on the […]
February 11, 1986 04:57 PM | Permalink | In 1981, President Reagan proposed, and Congress enacted, the largest corporation tax reduction in history. The centerpiece of the program was something called the “Accelerated Cost Recovery System,” a new set of rules for writing off business plant and equipment. The new write-offs, in conjunction with an […]