The tax code subsidizes health care costs through various credits, deductions, and exemptions, such as the exclusion for employer contributions to insurance plans. According to Treasury estimates, these tax expenditures will total $272 billion in 2019.
August 19, 2019
Total tax revenue as a share of GDP was 27% for the United States in 2017, compared to the OECD’s weighted average of 36%. The United States ranked 31st out of 36 OECD countries, and below all other G7 countries.
August 12, 2019
The Black Lung Disability Trust Fund's excise tax revenues were $384 million in 2018, while payments to affected miners were $177 million. Both revenues and payments have been declining since 1990, and the excise tax rate on coal production was cut in half in January 2019.
August 5, 2019