Are Taxes (And Also Spending) Progressive?
November 11, 2019
A finding that the 400 wealthiest households pay a smaller share of their income in taxes than do the bottom half of U.S. households is cause for debate.
November 11, 2019
A finding that the 400 wealthiest households pay a smaller share of their income in taxes than do the bottom half of U.S. households is cause for debate.
April 28, 2019
William G. Gale (Brookings Institution) and Michael Klein (EconoFact) discuss the distributional effects of fiscal policy and the progressivity of the US tax system.
April 3, 2019
About one out of every six dollars owed in federal taxes is not paid. Decreased funding and increased responsibility hamper the IRS’s ability to tackle tax evasion.
December 5, 2018
Sugary drinks are the primary source of added sugar consumed in America. Can a tax on something that people are better off not consuming be effective? Are these taxes fair?
November 13, 2018
Tax policy and the social safety net play a role in mitigating inequality, but policy in these areas has not shifted to address the widening U.S. income gap.
October 29, 2018
The 2017 Tax Cuts and Jobs Act was among the biggest tax overhauls the US has seen in recent decades. Now, nearly one year on, what impact have the tax cuts had?
August 13, 2018
Accounting for inflation would tax the increase in the real purchasing power of an asset rather than the increase in value that reflects overall rising prices.
May 29, 2018
The overall package of tax cuts tilts most benefits towards the wealthy. Deficit-financed tax cuts must ultimately be paid for, and higher taxes and/or reductions in government spending are both likely to be harmful to middle class workers.
April 7, 2018
Fuel taxes have provided funding for highways and mass transit. But the revenues from these taxes have been decreasing and falling short of existing needs.