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A wealth tax would impose a levy on assets owned by an individual or household — as opposed to, for example, an income tax.
https://www.pgpf.org/blog/2020/01/what-is-a-wealth-tax-and-should-the-united-states-have-one
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.
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
Every year the Social Security and Medicare Boards of Trustees issue reports on the fiscal health of these vital programs.
https://www.pgpf.org/analysis/social-security-medicare-trustees-reports
The report anticipates that in 2020 — for the first time since 1982 — the program’s total costs will exceed its total income.
The Social Security and Medicare Trustees released their annual reports, which show that these vital programs are on an unsustainable path.
https://www.pgpf.org/blog/2019/04/five-charts-about-the-future-of-social-security-and-medicare
Tax breaks totaled nearly $1.5 trillion in 2018. To put that in perspective, that’s more than the government spends on Social Security, Medicare, or defense.
https://www.pgpf.org/blog/2019/04/Six-of-the-Largest-Tax-Breaks-Explained
Some lawmakers favor substantial increases to marginal tax rates. Let’s look at how marginal tax rates and brackets work.
The decline in purchasing power has important implications for the federal budget and our nation’s infrastructure, and has led some to call for a new effort to address the gas tax.
