In 2008, Barack Obama brought an all-star squad of centrist and center-left economists to the White House. Now, as he confronts a critical turning point...
By Bill Gale and Ben Harris In Tuesday’s speech at the University of Chicago, former Minnesota Governor and newly announced presidential candidate Tim Pawlenty took...
Apparently nostalgic for recession, more than 100 House Republicans have proposed to cut federal spending by $550 billion in 2012. The Republican Study Committee (RSC)...
Corporate profits are taxed under both the corporate and individual income taxes. The total income tax rate on corporate profits therefore depends on the corporate rate and the individual rates on dividends and capital gains, as well as on the share of after-tax profits corporations pay as
Distribution of tax units with flow-through business income by source of flow-through business income and cash income percentile, under current law, 2011.
Distribution of tax units with flow-through business income by source of flow-through business income and statutory marginal tax rate, under current law, 2011.
Distribution of percent of flow-through business income held by income groups, by statutory marginal tax rates and source of flow-through business income, under current law, 2011.
Distribution of returns, total and average estate tax liability, and average tax rate by current law gross estate quintiles for 2013 current law and 2011 law extended.
Distribution of returns, total and average estate tax liability, and average tax rate by current law gross estate quintiles for 2013 under 2009 law extended both indexed and unindexed.
Many industrialized countries face significant medium-term fiscal deficits and unsustainable long-term fiscal trajectories. The recent fiscal crises in Greece and other countries are a stark reminder of the costs of ignoring these issues. The looming fiscal shortfalls and borrowing requirements
Distribution of federal tax change in 2011, by cash income percentile, from repealing the Individual Alternative Minimum Tax, compared with current law.