As another season of record-breaking heat, wildfires, and hurricanes unfolds, Congress is debating how to address climate change and fund green infrastructure in its $3.5...
This study uses the Urban Institute’s Dynamic Simulation of Income Model to project the share of Social Security beneficiaries whose retirement incomes fall below 75 percent of preretirement income, a common benchmark for a secure retirement. Absent significant Social Security reforms, we project
CBO estimates that the top 1 percent will bear about 45% of the burden of the corporate income tax in 2019, up from 29% in 1979. Shares of most other groups have declined.
The Urban-Brookings Tax Policy Center is holding a series of online conversations on tax and fiscal policy in today’s economy. The discussions take place every...
After the Tax Policy Center published its new analysis of the House Ways & Means Committee’s budget reconciliation tax plan , commentators asked two questions:...
When Congress increases spending and cuts taxes then fails to extend the nation’s debt limit, it effectively orders the president to run deficits while prohibiting...
All major provisions of the House Ways & Means Committee’s budget reconciliation tax bill would cut 2022 taxes on average for households making $200,000 or...
Table shows the change in the distribution of federal taxes, by expanded cash income percentile in 2026, of the individual income tax, payroll tax, and...
Table shows the change in the distribution of federal taxes, by expanded cash income percentile in 2022, of the individual income tax, payroll tax, and...
