
Corporate Income Tax Revenue across G7 Countries
As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.
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As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.
The top 1 percent of taxpayers receive 28 percent of the benefit from individual income tax expenditures.
Here are eleven charts that tell America’s fiscal story for 2019 — and show how our outlook went from bad to worse over the last 12 months.
https://www.pgpf.org/blog/2019/12/11-charts-that-show-how-our-national-debt-grew-in-2019
As more time passes since enactment, and as more data become available, economists continue to weigh in with analyses of the TCJA’s effects.
A key assessment of poverty in America is the Official Poverty Measure (OPM), which is calculated by the United States Census Bureau using a range of income and economic data.
https://www.pgpf.org/budget-basics/how-do-we-measure-poverty-and-is-there-a-better-way-to-do-it
Take our quiz to see how much you really know about how revenues are collected and federal funds are spent.
https://www.pgpf.org/quiz/how-much-do-you-know-about-the-federal-budget
Tax expenditures can come in the form of exclusions, exemptions, deductions, and credits.