House Budget Committee holds a hearing on the “fiscal state of the union.” The House Budget Committee heard thoughts from leading public finance experts yesterday...
A new study blames tax cuts, not spending increases, for the federal government’s fiscal trajectory. First reported by Semafor , research from the Center for...
According to the Federal Reserve, 77% of US families held debt in 2019, but their sources of debt varied. 52% held debt from installment loans, 45% from credit card balances, 42% from their primary residence.
Table shows the distribution of tax units that see a tax increase or a tax cut ("winners and losers"), by expanded cash income percentiles in 2024, due to the individual income, payroll, and estate tax provisions in the Administration's FY2024 budget proposal.
Table shows the distribution of tax units that see a tax increase or a tax cut ("winners and losers"), by expanded cash income level in 2026, due to the individual income, payroll, and estate tax provisions in the Administration's FY2024 budget proposal.
Table shows the distribution of tax units that see a tax increase or a tax cut ("winners and losers"), by expanded cash income percentiles in 2026, due to the individual income, payroll, and estate tax provisions in the Administration's FY2024 budget proposal.
Table shows the change in the distribution of federal taxes, by expanded cash income percentiles in 2024, of the individual income, payroll, and estate tax provisions in the Administration's FY2024 budget proposal.
Table shows the change in the distribution of federal taxes, by expanded cash income level in 2026, of the individual income, payroll, and estate tax provisions in the Administration's FY2024 budget proposal.
Table shows the change in the distribution of federal taxes, by expanded cash income percentiles in 2026, of the individual income, payroll, and estate tax provisions in the Administration's FY2024 budget proposal.
Table shows the distribution of tax units that see a tax increase or a tax cut ("winners and losers"), by expanded cash income level in 2024, due to the individual income, payroll, and estate tax provisions in the Administration's FY2024 budget proposal.
Table shows the distribution of tax units that see a tax increase or a tax cut ("winners and losers"), by expanded cash income percentiles in 2026, due to the tax provisions in the Administration's FY2024 budget proposal.
Table shows the change in the distribution of federal taxes, by expanded cash income level in 2024, of the individual income, payroll, and estate tax provisions in the Administration's FY2024 budget proposal.
Table shows the change in the distribution of federal taxes, by expanded cash income level in 2026, of the tax provisions in the Administration's FY2024 budget proposal.
Table shows the change in the distribution of federal taxes, by expanded cash income percentiles in 2026, of the tax provisions in the Administration's FY2024 budget proposal.
Table shows the distribution of tax units that see a tax increase or a tax cut ("winners and losers"), by expanded cash income level in 2024, due to the tax provisions in the Administration's FY2024 budget proposal.
Table shows the distribution of tax units that see a tax increase or a tax cut ("winners and losers"), by expanded cash income percentiles in 2024, due to the tax provisions in the Administration's FY2024 budget proposal.
Table shows the distribution of tax units that see a tax increase or a tax cut ("winners and losers"), by expanded cash income level in 2026, due to the tax provisions in the Administration's FY2024 budget proposal.
Table shows the change in the distribution of federal taxes, by expanded cash income level in 2024, of the tax provisions in the Administration's FY2024 budget proposal.
Table shows the change in the distribution of federal taxes, by expanded cash income percentiles in 2024, of the tax provisions in the Administration's FY2024 budget proposal.
The revenue provisions of President Biden’s fiscal year 2024 budget would lower after-tax incomes by an average of about $2,300 next year, according to a...