Ideas. Action. Results.

Paper Examines Impacts of Tax Reform Proposals on Energy Prices

Energy / Press Release September 29, 2015

Comprehensive tax reform proposals could significantly raise the levelized cost of energy for wind, solar and gas-fired electricity generation.

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How Tax Reform Could Make Wind, Solar and Natural Gas Power More Expensive

Jason Burwen / Blog April 15, 2015

In recent years, several members of Congress have proposed comprehensive tax reforms, all of which would affect the cost of electricity.

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Is the Furor Over Dynamic Scoring Overblown?

G. William Hoagland, Shai Akabas / Blog January 8, 2015

Macroeconomic scoring has been debated for years. The House has instituted it selectively as part of the body’s rules for the 114th Congress. But what would dynamic scoring really mean in practice?

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IRS Commissioner Stresses Importance of Tax Clarity

Economy / Blog October 30, 2014

Both the long-term fiscal health of our country and the short-term functioning of our government depend on clear tax policy emanating from Congress.

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Tax expenditures: How do they work?

Shai Akabas, Brian Collins / Blog July 9, 2014

Several recent comprehensive tax reform proposals, including plans put forward by House Ways and Means Chairman Dave Camp (R-MI) and the Bipartisan Policy Center’s Domenici–Rivlin Debt Reduction Task Force, have called for lower corporate and individual rates alongside limiting tax expenditures to broaden the tax base. But what exactly are tax expenditures?

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Proposed Updates to the EITC

Shai Akabas, Brian Collins / Blog May 7, 2014

Over the last few years, the president, lawmakers on both sides of the aisle, and BPC have all offered proposals to update or replace the Earned Income Tax Credit (EITC). We recently blogged about the EITC’s current structure and its advantages and drawbacks. In this post, we’ll detail some of the proposals for reform or replacement, including:

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Background on the EITC

Shai Akabas, Brian Collins / Blog April 24, 2014

The Earned Income Tax Credit (EITC) is a federal tax provision that supplies a valuable benefit to low-income, working Americans. The credit is held in high esteem by Republicans and Democrats alike because it incentivizes work by subsidizing take-home pay for low-income workers. The EITC’s generosity has been increased under presidents from both parties.

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Why is BPC Launching a Personal Savings Initiative?

Shai Akabas, Brian Collins / Blog April 22, 2014

On Wednesday morning, the Bipartisan Policy Center will launch the Personal Savings Initiative (register to join us here). The initiative will be led by former Senator Kent Conrad, who served as chairman of the Senate Budget Committee, and James Lockhart, who served as deputy commissioner of the Social Security Administration and other key roles in the executive branch. Their effort will be supported by a bipartisan commission of nationally recognized experts who will examine legislative and regulatory avenues to improve Americans’ personal savings and retirement security.

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Snapshot of the House Republican Fiscal Year 2015 Budget

Brian Collins, Shai Akabas, Steve Bell / Blog April 1, 2014

House Budget Committee Chairman Paul Ryan (R-WI) released his Fiscal Year (FY) 2015 budget plan this morning. We will provide a summary of some of the major provisions here as we did with the president’s FY 2015 budget a few…

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Tax Extenders Should be Permanent and Paid For

Brian Collins, Shai Akabas / Blog March 31, 2014

On New Years Eve, while fireworks were going off to celebrate the arrival of 2014, a number of different tax breaks and incentives expired. These tax provisions are collectively known as the “tax extenders,” a set of breaks for activities…

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