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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

	Views Wednesday, February 28, 2018 Hassett Changes Story on “Repatriated” Foreign Profits Under New Tax Law With new reports that companies are using their windfall from the new tax law in ways that mostly benefit wealthy investors rather than workers, Council of Economic Advisers Chair Kevin Hassett has revised his explanation of how companies will use foreign earnings they “repatriate” to this country... Read more
	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
	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
	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
	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