Budget Matters Blog


Help Congress Act on Tax Reform

NPP's Taxes and Tax Reform one-page fact sheet gives you the info you need to weigh in on changes to the tax code.


Slimming Down the Tax Code: the Blank Slate Diet

Speaking of hot summer budget battles, can two Senators put tax breaks on a "blank slate" diet and shed a few pounds from the U.S. tax code?


The Home Mortgage Interest Deduction: Who Benefits?

When Chris and his wife decided to buy a house, the Home Mortgage Interest Deduction allowed them to buy their dream home.


Hot Summer Budget Battle #3: Tax Breaks

It’s sexier than you think. Tax breaks might not be your first thought for hot summer beach reading, but what we’re really talking about are big piles of cash.


Tax Loopholes: Not Just for Apple

The special tax break for investment income – also known as capital gains and dividends – will let taxpayers off the hook for more than $61 billion in taxes this year. Most of those tax savings go to a particular kind of taxpayer.


You Ask, We Answer: Are Tax Breaks Government Spending?

Federal income tax credits, deductions, and exclusions are a form of government spending that cost more per year than the amount of the U.S. budget deficit.


You Ask, We Answer: Money Gone Missing?

Ronda of Kennewick, Washington, wrote in to ask about tax revenues. In particular, she wanted to know if federal revenue has gone down over the past several decades with the enactment of lower tax rates and various tax exemptions. The answer is yes. Federal tax revenues as a share of ...