Joint Committee on Taxation

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3h
FOX Business
The Taxation of Social Security Benefits Has Created Quite the DilemmaTrump recently signed is expected to increase the federal deficit by $1.5 trill
FOX Business / Posted 3 hours ago
Trump recently signed is expected to increase the federal deficit by $1.5 trillion over the next decade, according to the Joint Committee on Taxation. The federal government needs as much tax revenue as it can get, which means not only ensuring... Read more
3h
FOX Business
The Taxation of Social Security Benefits Has Created Quite the DilemmaTrump recently signed is expected to increase the federal deficit by $1.5 trill
FOX Business / Posted 3 hours ago
Trump recently signed is expected to increase the federal deficit by $1.5 trillion over the next decade, according to the Joint Committee on Taxation. The federal government needs as much tax revenue as it can get, which means not only ensuring... Read more
1d
Connecticut Post
Connecticut hospitals hold steady as insurance mandate endsby an estimated 4 million in 2019 and 13 million in 2027, according to the nonp
Connecticut Post / Posted yesterday
by an estimated 4 million in 2019 and 13 million in 2027, according to the nonpartisan Congressional Budget Office and Joint Committee on Taxation. Hospital officials are also concerned that jettisoning the insurance requirement will adversely... Read more
2 related articles
1d
Darien News-Review
Connecticut hospitals hold steady as insurance mandate endsby an estimated 4 million in 2019 and 13 million in 2027, according to the nonp
Darien News-Review / Posted yesterday
by an estimated 4 million in 2019 and 13 million in 2027, according to the nonpartisan Congressional Budget Office and Joint Committee on Taxation. Hospital officials are also concerned that jettisoning the insurance requirement will adversely... Read more
2 related articles
1d
Stamford Advocate
Connecticut hospitals hold steady as insurance mandate endsby an estimated 4 million in 2019 and 13 million in 2027, according to the nonp
Stamford Advocate / Posted yesterday
by an estimated 4 million in 2019 and 13 million in 2027, according to the nonpartisan Congressional Budget Office and Joint Committee on Taxation. Hospital officials are also concerned that jettisoning the insurance requirement will adversely... Read more
2 related articles
3d
DW
How Donald Trump changed things in 10 easy lessons | North and South American news impacting on Europe |to an increase in the federal budget deficit of about $1 trillion over the next
DW / Posted 3 days ago
to an increase in the federal budget deficit of about $1 trillion over the next 10 years, according to the non-partisan Joint Committee on Taxation. Health and Social Security Trump and the Republicans in Congress failed to repeal and replace... Read more
3d
Athens Banner-Herald
Sen. Hatch to Dems saying tax cuts are for rich: ‘Bull crap’of that crap.” Republicans have sold their tax package in part as a way to hel
Athens Banner-Herald / Posted 3 days ago
of that crap.” Republicans have sold their tax package in part as a way to help the middle class. Congress’ nonpartisan Joint Committee on Taxation projected Thursday that the Senate measure would eventually raise taxes on people earning $75,000... Read more
5d
The Morning Call
Uber drivers, freelancers and other gig workers are getting a tax cutdriver, as far as I can see, gets a benefit,” said Edward Kleinbard, a USC prof
The Morning Call / Posted 5 days ago
driver, as far as I can see, gets a benefit,” said Edward Kleinbard, a USC professor and former chief of staff to Congress' Joint Committee on Taxation. Whether it's beneficial in the long run to be an independent contractor, rather than an... Read more
5d
Philly.com
Contract workers get tax cut under new lawa benefit,” said Edward Kleinbard, a University of Southern California professo
Philly.com / Posted 5 days ago
a benefit,” said Edward Kleinbard, a University of Southern California professor and former chief of staff to Congress’ Joint Committee on Taxation. Whether it’s beneficial in the long run to be an independent contractor rather than an employee... Read more
6d
The Space Review
NASA has too much on its plate to return to the Moonwhat about a large increase in NASA’s budget to support all these programs? Thi
The Space Review / Posted 6 days ago
what about a large increase in NASA’s budget to support all these programs? This is a pipe dream. According to Congress’s Joint Committee on Taxation, the tax cuts just passed by Congress will add $1 trillion to the national debt, even after... Read more
8d
FOX Business
4 Marijuana Polls With 1 Overwhelming Consensus: Legalizecannabis reform. Adding to this point, the recently passed GOP tax law (the Ta
FOX Business / Posted 8 days ago
cannabis reform. Adding to this point, the recently passed GOP tax law (the Tax Cuts and Jobs Act) is projected, by the Joint Committee on Taxation, to result in a 10-year federal deficit of around $1.5 trillion. As a result, it's unlikely that... Read more
4 related articles
8d
FOX Business
4 Marijuana Polls With 1 Overwhelming Consensus: Legalizecannabis reform. Adding to this point, the recently passed GOP tax law (the Ta
FOX Business / Posted 8 days ago
cannabis reform. Adding to this point, the recently passed GOP tax law (the Tax Cuts and Jobs Act) is projected, by the Joint Committee on Taxation, to result in a 10-year federal deficit of around $1.5 trillion. As a result, it's unlikely that... Read more
4 related articles
10d
Baltimore Sun
New tax guidelines rely on workers to double-check accuracy of paychecksTax Credit are projected to reduce taxes for American workers and business owne
Baltimore Sun / Posted 10 days ago
Tax Credit are projected to reduce taxes for American workers and business owners by $180 billion in 2018, according to the Joint Committee on Taxation. But that will be partially offset by new curbs on numerous tax breaks, including the... Read more
67 related articles
10d
FOX Business
Mnuchin sees $1 trillion revenue growth from U.S. tax overhaulwill pay for itself," Mnuchin said at an event hosted by the Economic Club of W
FOX Business / Posted 10 days ago
will pay for itself," Mnuchin said at an event hosted by the Economic Club of Washington, dismissing estimates from the Joint Committee on Taxation that the tax cuts will increase U.S. deficits by $1.1 trillion to $1.5 trillion over 10... Read more
10d
FOX Business
Mnuchin sees $1 trillion revenue growth from U.S. tax overhaulwill pay for itself," Mnuchin said at an event hosted by the Economic Club of W
FOX Business / Posted 10 days ago
will pay for itself," Mnuchin said at an event hosted by the Economic Club of Washington, dismissing estimates from the Joint Committee on Taxation that the tax cuts will increase U.S. deficits by $1.1 trillion to $1.5 trillion over 10... Read more
10d
Chicago Tribune
New tax guidelines rely on workers to double-check accuracy of paychecksTax Credit are projected to reduce taxes for American workers and business owne
Chicago Tribune / Posted 10 days ago
Tax Credit are projected to reduce taxes for American workers and business owners by $180 billion in 2018, according to the Joint Committee on Taxation. But that will be partially offset by new curbs on numerous tax breaks, including the... Read more
67 related articles
10d
Sun-Sentinel
New tax guidelines rely on workers to double-check accuracy of paychecksTax Credit are projected to reduce taxes for American workers and business owne
Sun-Sentinel / Posted 10 days ago
Tax Credit are projected to reduce taxes for American workers and business owners by $180 billion in 2018, according to the Joint Committee on Taxation. But that will be partially offset by new curbs on numerous tax breaks, including the... Read more
67 related articles
10d
Orlando Sentinel
New tax guidelines rely on workers to double-check accuracy of paychecksTax Credit are projected to reduce taxes for American workers and business owne
Orlando Sentinel / Posted 10 days ago
Tax Credit are projected to reduce taxes for American workers and business owners by $180 billion in 2018, according to the Joint Committee on Taxation. But that will be partially offset by new curbs on numerous tax breaks, including the... Read more
67 related articles
10d
The Morning Call
New tax guidelines rely on workers to double-check accuracy of paychecksTax Credit are projected to reduce taxes for American workers and business owne
The Morning Call / Posted 10 days ago
Tax Credit are projected to reduce taxes for American workers and business owners by $180 billion in 2018, according to the Joint Committee on Taxation. But that will be partially offset by new curbs on numerous tax breaks, including the... Read more
67 related articles
10d
San Antonio Express-News
Apple seen getting possible $4 billion boost from tax-law quirkat 15.5 percent and 8 percent would generate almost $340 billion in revenue ove
San Antonio Express-News / Posted 10 days ago
at 15.5 percent and 8 percent would generate almost $340 billion in revenue over a decade, according to estimates by the Joint Committee on Taxation, Congress’s official scorekeeper. “Practitioners have all been going crazy trying to figure out... Read more
10d
The Hill
NYT: Treasury watchdog finds no political pressure on tax analysisto previous projections of 2.2 percent growth in gross domestic product. Congr
The Hill / Posted 10 days ago
to previous projections of 2.2 percent growth in gross domestic product. Congress's nonpartisan tax scorekeeper, the Joint Committee on Taxation, predicted that the bill as written then would have added about $1.4 trillion to the deficit over... Read more
11d
ajc.com
PolitiFact: Cruz exaggerates tax cut’s impactincome taxes to $10,000. Toward the end of 2017, PolitiFact in Washington look
ajc.com / Posted 11 days ago
income taxes to $10,000. Toward the end of 2017, PolitiFact in Washington looked at studies of the adopted tax plan by the Joint Committee on Taxation, the nonpartisan group that analyzes tax bills for Congress, and the Urban Institute-Brookings... Read more
11d
San Francisco Chronicle
GOP says tax bill will add jobs in U.S., but it may yield more hiring abroadby keeping their profit abroad indefinitely. A record $2.6 trillion was in offs
San Francisco Chronicle / Posted 11 days ago
by keeping their profit abroad indefinitely. A record $2.6 trillion was in offshore accounts as of 2015, according to the Joint Committee on Taxation, a congressional panel. Republicans argued that the system deprived the U.S. economy of... Read more
11d
Athens Banner-Herald
Obama pushes Congress on millionaires' taxwho don't need them." While the plan would force millionaires and billionaires
Athens Banner-Herald / Posted 11 days ago
who don't need them." While the plan would force millionaires and billionaires to part with more of their money, Congress' Joint Committee on Taxation estimated that if enacted, legislation reflecting Obama's proposal would collect $47 billion... Read more
13d
Philly.com
Tax cuts: Toomey brags, economists wonder, a boss hiresToomey questioned whether lower taxes will really slice federal revenues by the
Philly.com / Posted 13 days ago
Toomey questioned whether lower taxes will really slice federal revenues by the $1 trillion predicted by Congress’ own Joint Committee on Taxation. He said lower income for Uncle Sam doesn’t necessarily mean higher borrowing costs, or medical... Read more
14d
The Columbian
Tax deal: Big alcohol may be the big winnermillions in savings for them. The new law cuts alcohol tax revenue by $4.2 bil
The Columbian / Posted 14 days ago
millions in savings for them. The new law cuts alcohol tax revenue by $4.2 billion over two years, according to Congress’s Joint Committee on Taxation. But breweries that sell 60,000 barrels per year or fewer are slated for, at most, $80 million in... Read more
16d
FOX Business
The New GOP Tax Law Means This 35-Old Social Security Rule Likely Won't Be Changeda host of credits and deductions. Though the GOP seems thrilled with the new t
FOX Business / Posted 16 days ago
a host of credits and deductions. Though the GOP seems thrilled with the new tax law, economists aren't as upbeat. The Joint Committee on Taxation estimates that the Tax Cuts and Jobs Act will add $1.5 trillion to the federal deficit over the... Read more
16d
FOX Business
The New GOP Tax Law Means This 35-Old Social Security Rule Likely Won't Be Changeda host of credits and deductions. Though the GOP seems thrilled with the new t
FOX Business / Posted 16 days ago
a host of credits and deductions. Though the GOP seems thrilled with the new tax law, economists aren't as upbeat. The Joint Committee on Taxation estimates that the Tax Cuts and Jobs Act will add $1.5 trillion to the federal deficit over the... Read more
16d
Asian journal
Overview of Tax Cuts and Jobs Actthe corporate is drastically reduced. 5. Tax reform will increase deficits by
Asian journal / Posted 16 days ago
the corporate is drastically reduced. 5. Tax reform will increase deficits by $1.46 trillion over the next decade. 6. The Joint Committee on Taxation estimates every income group will receive an average tax cut. According to the nonpartisan Tax... Read more
16d
The Morning Call
Jim Sorensen: Give tax law time to work before judging its effectsthose who assert that the bill is a gift to the wealthy and a theft from the mi
The Morning Call / Posted 16 days ago
those who assert that the bill is a gift to the wealthy and a theft from the middle class should consider that: •The Joint Committee on Taxation estimates that the top 1 percent of taxpayers (which does not include me) will receive a smaller... Read more
17d
FOX Business
Morgan Stanley to take $1.25B hit in Q4 from tax billtax on those earnings is expected to raise $339 billion in federal revenues ove
FOX Business / Posted 17 days ago
tax on those earnings is expected to raise $339 billion in federal revenues over the coming decade, according to the Joint Committee on Taxation (JCT), a nonpartisan research arm of the U.S. Congress. Morgan Stanley's arch rival Goldman... Read more
2 related articles
17d
FOX Business
Morgan Stanley to take $1.25B hit in Q4 from tax billtax on those earnings is expected to raise $339 billion in federal revenues ove
FOX Business / Posted 17 days ago
tax on those earnings is expected to raise $339 billion in federal revenues over the coming decade, according to the Joint Committee on Taxation (JCT), a nonpartisan research arm of the U.S. Congress. Morgan Stanley's arch rival Goldman... Read more
2 related articles
17d
Chicago Tribune
New California bill could serve as national model for skirting Trump's tax lawlimitation. The cap on state- and local-tax deductions would raise close to $6
Chicago Tribune / Posted 17 days ago
limitation. The cap on state- and local-tax deductions would raise close to $600 billion over 10 years, according to the Joint Committee on Taxation, and hit places like California, New York and New Jersey particularly hard. If the limitation... Read more
5 related articles
17d
Baltimore Sun
New California bill could serve as national model for skirting Trump's tax lawlimitation. The cap on state- and local-tax deductions would raise close to $6
Baltimore Sun / Posted 17 days ago
limitation. The cap on state- and local-tax deductions would raise close to $600 billion over 10 years, according to the Joint Committee on Taxation, and hit places like California, New York and New Jersey particularly hard. If the limitation... Read more
5 related articles
17d
Chicago Tribune
Skyrocketing executive pay packages are about to become more costlyfor performance-based pay, potentially steering $9.3 billion to federal coffers
Chicago Tribune / Posted 17 days ago
for performance-based pay, potentially steering $9.3 billion to federal coffers over the next 10 years, according to the Joint Committee on Taxation. But compensation experts say the change in tax law is not likely to reverse years of upward... Read more
17d
Orlando Sentinel
Skyrocketing executive pay packages are about to become more costlyfor performance-based pay, potentially steering $9.3 billion to federal coffers
Orlando Sentinel / Posted 17 days ago
for performance-based pay, potentially steering $9.3 billion to federal coffers over the next 10 years, according to the Joint Committee on Taxation. But compensation experts say the change in tax law is not likely to reverse years of upward... Read more
18d
The Rhinelander Daily News
Misunderstanding all they seedespite the new law. Well, that's technically true for a few but let's give th
The Rhinelander Daily News / Posted 18 days ago
despite the new law. Well, that's technically true for a few but let's give the assertion some context. According to the Joint Committee on Taxation, there will be some 177 million tax units in the U.S. next year, and, by all accounts, left and... Read more
18d
The Scranton Times-Tribune
Letters to the Editor must pay for it with reduced government services and additional $1.5 trillion o
The Scranton Times-Tribune / Posted 18 days ago
must pay for it with reduced government services and additional $1.5 trillion of debt. Nonpartisan economic analyses by the Joint Committee on Taxation, the Congressional Budget Office, the Tax Policy Center, the Penn-Warton Budget Model and... Read more
18d
The Scranton Times-Tribune
YOUR OPINIONmust pay for it with reduced government services and additional $1.5 trillion o
The Scranton Times-Tribune / Posted 18 days ago
must pay for it with reduced government services and additional $1.5 trillion of debt. Nonpartisan economic analyses by the Joint Committee on Taxation, the Congressional Budget Office, the Tax Policy Center, the Penn-Warton Budget Model and... Read more
18d
Philly.com
Republicans say they've slashed taxes on small breweries; but big alcohol may be the biggest winnermillions in savings for them. The new law cuts alcohol tax revenue by $4.2 bil
Philly.com / Posted 18 days ago
millions in savings for them. The new law cuts alcohol tax revenue by $4.2 billion over two years, according to Congress’s Joint Committee on Taxation. But breweries that sell 60,000 barrels per year or fewer are slated for, at most, $80 million in... Read more
2 related articles
18d
TribLIVE
Republicans say they’ve slashed taxes on small breweries; but big alcohol may be the biggest winnermillions in savings for them. The new law cuts alcohol tax revenue by $4.2 bil
TribLIVE / Posted 18 days ago
millions in savings for them. The new law cuts alcohol tax revenue by $4.2 billion over two years, according to Congress's Joint Committee on Taxation. But breweries that sell 60,000 barrels per year or fewer are slated for, at most, $80 million in... Read more
2 related articles
23d
FOX Business
Your Complete Guide to the 2018 Tax Changeswith the new $24,000 standard deduction for married couples, it would no longer
FOX Business / Posted 23 days ago
with the new $24,000 standard deduction for married couples, it would no longer be worth it to itemize. In fact, the Joint Committee on Taxation estimates that 94% of households will claim the standard deduction in 2018, up from about 70%... Read more
3 related articles
23d
FOX Business
Your Complete Guide to the 2018 Tax Changeswith the new $24,000 standard deduction for married couples, it would no longer
FOX Business / Posted 23 days ago
with the new $24,000 standard deduction for married couples, it would no longer be worth it to itemize. In fact, the Joint Committee on Taxation estimates that 94% of households will claim the standard deduction in 2018, up from about 70%... Read more
3 related articles
23d
The Sacramento Bee
Netflix raises executive salaries, proving that 'performance-based' pay always was a shamof the tax deduction anyway. Closing the loophole will bring in $9.3 billion o
The Sacramento Bee / Posted 23 days ago
of the tax deduction anyway. Closing the loophole will bring in $9.3 billion over 10 years, according to the Congressional Joint Committee on Taxation – a pittance, compared with the $1.4 trillion cost of the tax cuts handed over mostly to... Read more
5 related articles
23d
San Antonio Express-News
Tax bill an apocalypse? Not even closethe top of the income scale. There isn’t really debate over the contours of th
San Antonio Express-News / Posted 23 days ago
the top of the income scale. There isn’t really debate over the contours of the bill. According to the analysis of the Joint Committee on Taxation, the average tax rate goes down for every income cohort in 2019, and the share of federal taxes... Read more
20 related articles
23d
Los Angeles Times
Netflix raises executive salaries, proving that 'performance-based' pay was always a shamof the tax deduction anyway. Closing the loophole will bring in $9.3 billion o
Los Angeles Times / Posted 23 days ago
of the tax deduction anyway. Closing the loophole will bring in $9.3 billion over 10 years, according to the Congressional Joint Committee on Taxation — a pittance, compared to the $1.4-trillion cost of the tax cuts handed over mostly to... Read more
5 related articles
24d
The Hazleton Standard-Speaker
Tax changes may impact givinghave dramatic negative consequences, particularly for those most in need,” the
The Hazleton Standard-Speaker / Posted 24 days ago
have dramatic negative consequences, particularly for those most in need,” the statement said. Pointing to a study by the Joint Committee on Taxation, the conference said the bill will eventually raise taxes on those with lower incomes while... Read more
49 related articles
24d
The Times and Democrat
Individual mandate’s journeyIn November, the Congressional Budget Office and Joint Committee on Taxation es
The Times and Democrat / Posted 24 days ago
In November, the Congressional Budget Office and Joint Committee on Taxation estimated that eliminating the mandate would lead to 13 million extra uninsured (mostly voluntarily) by the year 2027, with individual market premiums increasing by 10... Read more
24d
ajc.com
PolitiFact: Tax changes will benefit middle-class earnersFor those who owe little or no taxes, up to $1,400 of that credit is refundable
ajc.com / Posted 24 days ago
For those who owe little or no taxes, up to $1,400 of that credit is refundable. The analysis was based on data from the Joint Committee on Taxation, the nonpartisan group that analyzes tax bills for Congress, and the Urban Institute-Brookings... Read more
24d
Peninsula Clarion
Op-ed: Nancy Pelosi’s tax apocalypsethe top of the income scale. There isn’t really debate over the contours of th
Peninsula Clarion / Posted 24 days ago
the top of the income scale. There isn’t really debate over the contours of the bill. According to the analysis of the Joint Committee on Taxation, the average tax rate goes down for every income cohort in 2019, and the share of federal taxes... Read more
20 related articles
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