FISCAL BLOG

As the United States borrows a significant amount of money to respond to the COVID-19 pandemic, let’s take a closer look at a few key characteristics of Treasury borrowing that can affect its budgetary cost.

Compared to historical trends and other advanced economies, corporate tax revenues in the United States are at very low levels.

Healthcare in the United States is very expensive — but we don’t get what we pay for.

SNAP is the largest federal program aimed at combating hunger and food insecurity among low-income Americans.

A number of current and former candidates have suggested adding new sources of revenue through various types of taxation of wealth.

Some lawmakers favor substantial increases to marginal tax rates. Let’s look at how marginal tax rates and brackets work.

A wealth tax would impose a levy on assets owned by an individual or household — as opposed to, for example, an income tax.

As the 2020 campaign season swings into gear, the national debate about taxes — including tax rates, tax types, and tax fairness — is gaining prominence.

The proportion of the population who are uninsured began increasing in 2017.

The capital gains tax is a highly debated topic, as most presidential candidates have weighed in on how to revise it. Simply put, the capital gains tax is a levy on the profit received from the sale of a capital asset.