The One Big Beautiful Bill, Explained
We break down the House GOP’s One, Big, Beautiful Bill—a sweeping tax package designed to extend key parts of the 2017 Tax Cuts and Jobs Act before they expire in 2026.
We break down the House GOP’s One, Big, Beautiful Bill—a sweeping tax package designed to extend key parts of the 2017 Tax Cuts and Jobs Act before they expire in 2026.
William McBride discussed how and why the budgetary cost of the IRA’s tax credits has grown, described who benefits from the tax credits, and recommended ways to reform the credits amid budget reconciliation.
Carryover provisions help businesses “smooth” their risk and income, making the tax code more neutral across investments and over time.
5 min readWith such important changes to Montana’s property tax system at stake, it’s important that lawmakers get the details right.
5 min readAs lawmakers consider options for budgetary offsets, they should prioritize competitiveness and economic growth, as a heavier corporate tax burden will undermine the core purpose and achievement of the TCJA.
24 min readAs home values have spiked, Florida and other states are weighing elimination of property taxes.
Lawmakers have a prime opportunity to achieve a more stable economy through the debate about the tax code that is now ramping up.
As the current tax package stands, the House’s use of temporary policy is leaving most of the economic growth opportunities on the table.
2 min readAs lawmakers continue to debate the “One Big Beautiful Bill,” they should abandon temporary and complex policy in favor of simplicity and stability.
4 min readThe tax bill prioritizes politics over economic growth, writes Daniel Bunn.