PWBM projects that the revenue-raising provisions in the House Ways and Means Reconciliation Bill would raise roughly $2.4 trillion from 2022 to 2031. For more information, please see our full analysis.
Business Taxation in the Biden Tax Plan
We analyze several foreign and domestic business taxation provisions from the Biden tax plan. While raising the effective tax rate on foreign profits increases domestic capital, wages, and GDP, provisions that raise domestic business taxes have the opposite effect—when combined, these business tax provisions decrease the capital stock by 0.21 percent and decrease wages by 0.69 percent in 2050.
The Updated Biden Tax Plan
We estimate the budgetary, distributional and economic effects over the 10-year budget window (2021 - 2030) of Presidential Candidate and Former Vice President Joe Biden's updated tax plan. Detailed summaries of each proposal can be found in our analysis of this estimate and our analysis of the previous version of his plan.
Senator Michael Bennet’s “The Real Deal” Tax Plan
We estimate the budgetary effects of five major tax proposals included in Senator Michael Bennet’s “The Real Deal” tax plan over the 10-year budget window (2020 - 2029).
Tax Reform 2.0
Please see our previously published analysis.
The Tax Cuts and Jobs Act: Extending Changes to Individual Taxes
Please see our previously published analysis.
The Tax Cuts and Jobs Act
Please see our full analysis of the conventional and dynamic revenue estimates and the macroeconomic effects estimates, the conventional distributional effects estimate, as well as the effects by industry estimate.