Corporate Income Tax Revenue across G7 Countries
As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.
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As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.
Eight popular tax provisions accounted for a large majority of annual tax expenditures.
https://www.pgpf.org/chart-archive/0009_largest-tax-expenditures
The top 1 percent of taxpayers generate 30 percent of individual income tax revenues.
The top 1 percent of taxpayers receive 19 percent of the benefit from individual income tax expenditures.
With a new Congress and president in place, a number of important fiscal and economic policy issues have come to the forefront in January.
https://www.pgpf.org/blog/2017/01/this-month-in-fiscal-review-healthcare-taxes-and-debt
The report focuses on the fiscal conditions in six heavily populated states which together account for a third of the nation's population and almost 40 cents of every dollar in spending by state and local governments.
https://www.pgpf.org/analysis/state-budget-crisis-task-force
Corporate tax revenues are substantially lower than they were before the tax rate was reduced by the TCJA.
https://www.pgpf.org/chart-archive/0304_corporate_tax_reduced_tcja
Most federal revenues come from individual income and payroll taxes