Statement by Peter G. Peterson Foundation on Baucus-Hatch Tax Reform Principles
Peter G. Peterson releases a statement on Baucus-Hatch tax reform principles.
The search found 371 results in 0.289 seconds.
Peter G. Peterson releases a statement on Baucus-Hatch tax reform principles.
The top 1 percent of taxpayers receive 19 percent of the benefit from individual income tax expenditures.
Revenue from corporate income taxes has largely decreased since 1950.
https://www.pgpf.org/chart-archive/0303_corporate_tax_share_gdp
High-income households earn a disproportionate share of pre-tax income and pay an even larger share of total federal taxes.
The U.S. tax system is progressive, with higher-income taxpayers facing higher tax rates.
All income groups pay taxes, but overall the U.S. tax system is progressive.
https://www.pgpf.org/chart-archive/0210_distribution_of_taxes
If taxes are not increased or spending is not cut, CBO projects that interest costs will climb and federal debt will grow to levels that will damage our economy.
On Wednesday, May 25, 2011, senior Administration officials, policy experts and Democratic and Republican elected leaders will come together in Washington to discuss solutions to the nation’s fiscal challenges at the 2011 Fiscal Summit: Solutions for America’s Future, convened by the Peter G. Peterson Foundation.