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“If we stay on this path, we’ll leave our kids and grandkids with diminished resources, opportunity and quality of life," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Following the 2017 tax reform, the federal statutory corporate tax rate in the United States is now more in line with many other OECD countries.
https://www.pgpf.org/chart-archive/0273_statutory_corporate_income_tax_rates
CBO projects that interest rates will rise significantly from current levels.
https://www.pgpf.org/chart-archive/0269_interest_rates_projected_to_rise
Revenue from corporate income taxes has been decreasing as a share of GDP
https://www.pgpf.org/chart-archive/0303_corporate_tax_share_gdp
Student debt is second only to mortgage debt.
https://www.pgpf.org/chart-archive/0221_student_debt_second_largest
Most student debt is owed to the federal government.
https://www.pgpf.org/chart-archive/0222_student_debt_creditors
The top 1 percent of taxpayers generate 26 percent of individual income tax revenues.
Full-time male workers earn more than full-time female workers
The median real income for families in the United States has seen slow growth for decades.
https://www.pgpf.org/chart-archive/0213_stagnant_median_income
