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Tax expenditures cost the government about $1.5 trillion each year, more than the budget of any agency or major spending program, including Social Security, Medicare, and the Department of Defense.
Projections of the long-term budget outlook have deteriorated significantly since last year, largely stemming from the “tax extenders” legislation enacted at the end of 2015.
https://www.pgpf.org/blog/2016/07/four-key-takeaways-from-the-long-term-budget-outlook
The United States collects less revenue as a share of GDP than several other high-income countries, including Japan, Canada, the United Kingdom, Germany, Italy, and France.
https://www.pgpf.org/blog/2016/04/the-us-tax-burden-is-low-compared-to-most-advanced-economies
Major tax expenditures tend to benefit high income taxpayers more than lower income groups.
https://www.pgpf.org/blog/2016/04/who-benefits-from-tax-expenditures
Viewed in aggregate, our tax system is generally progressive.
https://www.pgpf.org/blog/2016/04/what-kinds-of-taxes-do-americans-pay
Bringing together POLITICO’s Caucus members for a deep-dive discussion about top economic and fiscal priorities facing the next President.
https://www.pgpf.org/blog/politico-caucus-economy-and-the-election-in-new-hampshire
Resources and insights on the presidential campaign season.
https://www.pgpf.org/blog/2016-election-toolkit-politico-caucus
A new paper explores policy options that foster greater economic opportunity and mobility, specifically considering what they believe to be the most effective role government can play in achieving these goals.
https://www.pgpf.org/blog/new-report-policy-options-for-improving-economic-opportunity-and-mobility
Addressing our nation’s long-term fiscal challenges is essential to building an economic future that is dynamic, innovative, competitive, compassionate and full of opportunity for the next generation.
https://www.pgpf.org/blog/charting-a-new-course-for-americas-economic-future
Join PGPF and Ben White from POLITICO's Morning Money on Thursday, December 18 (tomorrow) at 8AM ET for a new Breakfast Briefing interview.
