A main goal of the House Republican tax plan is to reduce marginal tax rates, which are the rates that affect economic decisionmaking.

Republicans have promised major tax reform, and Cato has suggestions for policymakers.

The Department of Housing and Urban Development (HUD) spends $10 billion a year on “community planning and development” subsidies to state and local governments.

The Department of Housing and Urban Development (HUD) will spend $10 billion this year on “community development,” including Community Development Block Grants (CDBGs).

PBS ran a documentary discussing major barriers to housing America’s poor.

The LIHTC program, which subsidizes developers and financial institutions, has a corruption problem.

Downsizing Government has published a new study on low-income housing aid.

Today is Tax Day. Federal tax returns are due to the Internal Revenue Service with a postmark before midnight. The Congressional Budget Office (CBO) projects that the federal government will collect $3.2 trillion in revenue this year.

Created in 2000 as part of the Community Renewal Tax Relief Act, the federal New Markets Tax Credit (NMTC) program provides tax credits to “spur new or increased investments into operating businesses and real estate projects in low-income areas.” Two new reports, one from the Government Accountability Office (GAO) and the secondfrom Senator Tom Coburn’s office, question the effectiveness of NMTC in accomplishing that goal.

The federal government took control of mortgage giants Fannie Mae and Freddie Mac (F&F) in 2008 and have bailed them out with $189 billion of taxpayer money.