Pretax Income Has Increased for the Wealthy
The share of total pre-tax income has sharply increased for the wealthy, but decreased for low-income households.
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The share of total pre-tax income has sharply increased for the wealthy, but decreased for low-income households.
Healthcare costs in the U.S. have increased drastically over the past several decades.
The U.S. tax system is progressive, with higher-income taxpayers facing higher tax rates.
Waiting to act raises the cost of stabilizing the debt.
Life expectancy at birth in the United States is lower than in other developed countries, despite higher healthcare costs.
https://www.pgpf.org/Chart-Archive/0201_us_lifeexpectancy_low_despite_cost
The homeownership rate for young adult households has increased, but remains below it’s peak.
https://www.pgpf.org/chart-archive/0227_young_adult_home_own
High-income households earn a disproportionate share of pre-tax income and pay an even larger share of total federal taxes.
All income groups pay taxes, but overall the U.S. tax system is progressive.
https://www.pgpf.org/chart-archive/0210_distribution_of_taxes
Total U.S. health spending (public and private) is projected to rise to nearly one-fifth of the economy by 2025.
https://www.pgpf.org/chart-archive/0056_health-care-costs-proj