Income From Transfer Programs
Transfers from programs like Medicaid, CHIP, and SNAP represent an increasing share of income for low to middle income groups.
https://www.pgpf.org/chart-archive/0234_transfer_programs_share_income
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Transfers from programs like Medicaid, CHIP, and SNAP represent an increasing share of income for low to middle income groups.
https://www.pgpf.org/chart-archive/0234_transfer_programs_share_income
By the Numbers: 2021 Trustees Reports.
https://www.pgpf.org/chart-archive/0321_trustees_reports_2021
Most federal revenues come from individual income and payroll taxes
Revenue from corporate income taxes has largely decreased since 1950.
https://www.pgpf.org/chart-archive/0303_corporate_tax_share_gdp
Unlike during other recessions, revenues from the capital gains tax have remained relatively steady throughout the COVID-19 pandemic.
https://www.pgpf.org/chart-archive/0317_capital_gains_revenues
CBO projects that interest rates will remain low throughout the decade.
https://www.pgpf.org/chart-archive/0269_interest_rates_projected_to_rise
SNAP benefits supplement household incomes to help lift people out of poverty.
https://www.pgpf.org/chart-archive/0264_snap_supplements_income
SNAP spending sharply increased in response to the COVID-19 pandemic, but is projected to decline below historical levels over the next decade.
Discretionary spending is projected to remain below its historical average.
https://www.pgpf.org/chart-archive/0185_discretionary_spending
Interest costs are projected to grow substantially.