Despite the passage of major tax cuts in 2017, the United States still needs real, comprehensive tax reform. We cannot afford tax cuts that add to the national debt. Here are some helpful resources to help grasp this important topic.
The second round of tax cuts proposed in the House of Representatives would cost $657 billion over ten years and much more over the long run.
The tax cut legislation passed by Congress will increase the national debt by about $20,000 per U.S. household.
Tax cuts today that add to the national debt are a tax on future generations.
The tax bill passed by Congress fell short in reforming taxes and being fiscally responsible. See our infographic.
Our Tax Infographic has more information, like the fact that the tax code has almost 4 million words.
Share our Taxpayer Receipt showing where your federal tax dollars go.
The Need for Fundamental Tax Reform shows the need to overhaul our tax code.
Tax Reform Proposals
Tax Cuts and Jobs Act (Senate version)
- Preliminary analysis from the Committee for a Responsible Federal Budget (CRFB)
Tax Cuts and Jobs Act (House version)
- Analysis from CRFB
- Tax Reform Framework from White House and Republican Congressional Leaders (2017)
- Joint Statement on Tax Reform from White House and Congressional Leaders
- White House Tax Reform Outline (2017)
- House Republican Tax Reform Plan (2016)
- Donald Trump Tax Reform Plan (2015)
- Senate Finance Committee Bipartisan Tax Working Group Reports (2015)
- Rubio-Lee plan (2015)
- Tax Reform Act of 2014 (Rep. Dave Camp bill) (2014)
- Simpson-Bowles Bipartisan Path Forward
- President's Advisory Panel on Tax Reform (2005)
- Wyden-Coats (originally introduced as Wyden-Gregg in 2010)
- Feldstein-MacGuineas-Feenberg Capping Individual Tax Expenditures (2011)
- Center for American Progress (2012)
- American Enterprise Institute (2011)
- Heritage Foundation (2011)
- Roosevelt Institute Campus Network (2011)
- Economic Policy Institute (2010)
- Rep. Rangel Tax Reform Bill (2007)
- Joint Committee on Taxation
- Urban-Brookings Tax Policy Center
- Congressional Budget Office Revenue Options
- Government Accountability Office
- Tax Foundation
Op-eds on Tax Reform
- Erskine Bowles and Alan Simpson "Blank Slate" Key to Tax Reform
- Laura Tyson, Eric Drabkin, and Ken Serwin Which Corporate Taxation for America
- Tim Penny and Mark Kennedy Tax Reform: A Real Possibility and Necessity
- Eugene Steuerle The Baucus-Hatch "Blank Slate" Approach to Tax Reform Could Be Revolutionary
- Laura Tyson How to Cut the US Deficit by Fixing Tax
- Laura Tyson Inside America's Tax Battle
- Bill Frenzel The Tax Code is a Hopeless, Complex, Economy-Suffocating Mess
- Paul Weinstein and Ed Lorenzen Tax Reform: 25-Years Old Today, and Ready for a Facelift
- Maya MacGuineas Tax Reform Can Be the Key to a Debt Deal