Chye-Ching Huang

Chye-Ching Huang

Chye-Ching Huang is Deputy Director, Federal Tax Policy with the Center on Budget and Policy Priorities' Federal Fiscal Policy Team, where she focuses on the fiscal and economic effects of federal tax policy.

Articles by this author

"Republican leaders have repeatedly said in recent weeks that after enacting a tax bill, they will turn to budget cuts — particularly “welfare reform,” long a code for cuts to programs that help families of limited means afford food, housing, health care, and other basic needs." Views
Tuesday, December 05, 2017
GOP Budgets, Statements Make Plans Clear: Costly Tax Cuts for Wealthy Now, Program Cuts Later
As we’ve explained , the tax bill that congressional Republicans are finalizing is step one of a likely two-step tax and budget agenda: enacting costly tax cuts now that are heavily skewed toward wealthy households and profitable corporations, then decrying the enlarged deficits that those tax cuts...
Read more
Views
Thursday, November 30, 2017
Millions of Households Face Tax Increase or No Tax Benefit Under Senate GOP Bill
Millions of households would face tax increases or get little from the Senate tax bill – even before most of its individual income tax provisions would sunset in 2025, new Joint Committee on Taxation (JCT) estimates released yesterday show. Nevertheless, in expressing his support for the bill today...
Read more
Even excluding the effect of repealing the individual mandate, it would raise taxes on 87 million households with incomes below $200,000 Views
Wednesday, November 29, 2017
Senate Finance Committee Tax Bill Even More Skewed to Top Than Bush Tax Cuts
The tax bill on which the Senate may vote this week would provide an even larger share of its tax benefits to the wealthy than the tax cuts enacted under President George W. Bush, which many lawmakers — including several Republican senators — criticized for their misplaced priorities. Senator John...
Read more
Views
Tuesday, November 28, 2017
GOP Process Designed to Obscure Tax Plan’s Effects
Congress is moving forward with reckless speed on a tax plan that touches most aspects of the federal tax code. Less than two months after the House Ways and Means Committee proposed its first legislative draft, Republican leaders are seeking to send a bill to President Trump’s desk before...
Read more
Views
Thursday, November 16, 2017
Senate Tax Bill Revisions Make Its Fundamental Tradeoffs — Big Tax Cuts for the Top, Little Gain for Low- and Moderate-Income Families — Even Harsher
The revised tax bill [1] from Senate Finance Committee Chairman Orrin Hatch takes his original bill [2] — which already provided large tax cuts to the wealthy and profitable corporations, raised taxes on millions of households, and did little if anything for millions more — and makes it even worse...
Read more
"To put that $4.4 million tax cut in perspective, it’s about the same as the cost of Pell Grants for 1,100 low- and moderate-income students to help them afford college." Views
Friday, November 10, 2017
Doubling Estate Tax Exemption Would Give Windfall to Heirs of Wealthiest Estates
Senate Finance Committee Chairman Orrin Hatch’s new tax bill would double the value of estates that’s exempt from the estate tax, from $11 million per couple ($5.5 million per person) to $22 million per couple ($11 million per person). That would: Cut the share of estates facing the tax from 2 in 1...
Read more
Views
Friday, October 20, 2017
GOP Tax Framework Looks Much Like Kansas’ Failed Tax Cut Package
In 2012, Kansas adopted an array of tax cuts that were large, costly, and heavily titled to those high on the income scale. Although proponents claimed these tax cuts would supercharge the state’s economy, Kansas’ job and economic growth lagged behind those of most neighboring states and the nation...
Read more
If President Trump’s proposed tax cuts are paid for through the types of spending cuts he has proposed in his budget, low- and middle-income Americans would clearly end up far worse off. Views
Wednesday, August 30, 2017
How President Trump’s Tax Plan Would Really Affect the Middle Class
President Trump is set to speak in Missouri today where he will reportedly continue to tout his tax plan’s benefits for the middle class even though it would actually concentrate its tax cuts at the top — and could even hurt low- and middle-income families. Over the last two years, the President...
Read more
Views
Monday, March 20, 2017
Tax Cuts for the Rich at Heart of Paul Ryan's Attack on Medicaid
House Speaker Paul Ryan has made a key Republican motive for pushing ahead with the House GOP health plan explicit in recent interviews: [1] passing the health package first facilitates deeper tax cuts for the wealthy and corporations in subsequent tax legislation. Because these tax cuts are in the...
Read more