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Corporate and individual tax expenditures are large in comparison to annual taxes collected, as well as to the government’s major programs.
https://www.pgpf.org/chart-archive/0054_tax-expenditures-comparison
Eight popular tax provisions accounted for a large majority of annual tax expenditures.
https://www.pgpf.org/chart-archive/0009_largest-tax-expenditures
High income individuals receive a greater portion of their income from capital gains
https://www.pgpf.org/chart-archive/0316_capital_gains_income_group
Four analyses project a more rapid depletion of Social Security trust funds as a result of coronavirus, outpacing previous depletion projections. Get the details.
Healthcare workers, providers, and hospitals have been on the front lines of the COVID-19 pandemic, but how has the U.S. government supported the sector? Find out more.
https://www.pgpf.org/blog/2020/10/how-much-has-coronavirus-relief-helped-healthcare-providers
These infographics portray headline results from each national survey that can help inform policymakers during and after this crisis.
https://www.pgpf.org/2020-polls-reveal-voter-sentiment-on-economic-and-fiscal-policy-options
With less than a week to go before Election Day, the Financial Times and the Peter G. Peterson Foundation have wrapped up a year-long initiative to track voter sentiment on economic and fiscal issues for the twelve months leading up to the 2020 election.
As the White House and Congressional leaders continue to discuss additional coronavirus (COVID-19) legislation, a pair of top policy experts offered insights into the state of the economy, the effectiveness of relief legislation enacted thus far and what it all means for the election and beyond.
Spending on federal entitlement programs will more than double between 1985 and 2050.
https://www.pgpf.org/chart-archive/0027_entitlement-programs-proj
Transfers from programs like Medicaid, CHIP, and SNAP represent an increasing share of income for low to middle income groups.
https://www.pgpf.org/chart-archive/0234_transfer_programs_share_income