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Despite improvements to the labor market since the start of the COVID-19 pandemic, the unemployment rate remains high, especially for non-white workers. Get the facts here.
Most federal revenues come from individual income and payroll taxes
As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.
Setting a higher minimum wage would affect family incomes in a variety of ways, including increasing earnings for most low-wage workers and lifting some families out of poverty.
Unlike during other recessions, revenues from the capital gains tax have remained relatively steady throughout the COVID-19 pandemic.
https://www.pgpf.org/chart-archive/0317_capital_gains_revenues
Medicaid’s role in state budgets is unique, since the program acts as both an expenditure and the largest source of federal support in state budgets.
https://www.pgpf.org/budget-basics/budget-explainer-how-do-states-pay-for-medicaid
America’s small businesses have been severely impacted by the economic downturn caused by the pandemic — and lawmakers have focused a significant part of federal relief on helping this critical part of our economy.
After a promising decline in recent years, the number of Americans without health insurance is back on the rise.
https://www.pgpf.org/blog/2021/02/uninsured-rate-on-the-rise-again-as-nation-deals-with-covid