Quiz: How Much Do You Know about the U.S. Tax System?
The lengthy and complex United States tax code can be difficult for Americans to understand.
https://www.pgpf.org/quiz/how-much-do-you-know-about-the-us-tax-system
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The lengthy and complex United States tax code can be difficult for Americans to understand.
https://www.pgpf.org/quiz/how-much-do-you-know-about-the-us-tax-system
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.
Compared to historical trends and other advanced economies, corporate tax revenues in the United States are low.
Why Reform Our Corporate Tax Code?
https://www.pgpf.org/budget-basics/why-reform-our-corporate-tax-code
Public schools for students in kindergarten through 12th grade are financed through a combination of local, state, and federal dollars in proportions that vary across and within states.
https://www.pgpf.org/budget-basics/how-is-k-12-education-funded
The top 20 percent of income earners receive over half the value of major tax expenditures.
https://www.pgpf.org/Chart-Archive/0199_distribution_tax_expenditures
As the coronavirus (COVID-19) pandemic took hold, economic activity slowed and tax revenues in most states began to decline.
https://www.pgpf.org/blog/2020/12/state-tax-revenues-took-a-hit-in-the-wake-of-the-pandemic
As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.
Following the 2017 tax reform, the federal statutory corporate tax rate in the United States is now more in line with many other OECD countries.
https://www.pgpf.org/chart-archive/0273_statutory_corporate_income_tax_rates