Multimedia
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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Infographics
Infographic: How the U.S. Tax System Works
One issue that most lawmakers and voters agree on is that our tax system needs reform.
https://www.pgpf.org/infographic/infographic-how-the-us-tax-system-works
Multimedia
Budget Basics
Finding Solutions: Taxes
Fixing our broken tax code would be an important step that would help our economy grow, make the system more transparent and fair, and improve our long-term fiscal outlook -- and the sooner we act to reform the tax system, the larger the benefits for investment and growth. Read more about Tax Reform Solutions.
Press Releases & Statements
Jul 24, 2018
Peterson Foundation: More Debt is the Last Thing America Needs
“Lawmakers should absolutely take a second look at tax policy, not to extend the irresponsibility, but to implement reforms that actually improve our fiscal situation," said Michael A. Peterson, Chairman and CEO of the Peter G. Peterson Foundation.
Blog Posts
Apr 23, 2018
The Two Reasons Long-Term Economic Growth Will Slow, and Why the Boost from Tax Cuts is Only Temporary
While the Tax Cuts and Jobs Act of 2017 will likely boost economic growth in the near term, the effects of the legislation are temporary.
Charts
Apr 10, 2018
Composition of Revenues 1974–2028
The composition of federal revenues has been relatively constant since the mid-1970s.
Charts
Charts
Apr 3, 2018
Major Tax Expenditures
Six popular tax provisions account for nearly 60 percent of annual tax expenditures.
https://www.pgpf.org/chart-archive/0009_largest-tax-expenditures
Charts
Apr 2, 2018
Top 1% Individual Income Tax Revenue
The top 1% of taxpayers generate 42% of individual income tax revenue.
Why Fiscal Issues Matter in the 2018 Election
This election season is a critical opportunity for candidates to talk to voters about solutions to put us on a better path.