Fighting for a U.S. federal budget that prioritizes peace, economic security and shared prosperity
What corporate tax inversions mean for U.S. taxpayers.
Last week, the Congressional Budget Office (CBO) released its 2014 Long-Term Budget Outlook, projecting that the nation’s fiscal future is stable for the next few years and then begins to worsen gradually with an increase in the federal debt.
As the flags wave, the fireworks fly, and AAA forecasts that 41 million Americans will travel more than 50 miles from home this Independence Day weekend, a transportation crisis is in the works. The Highway Trust Fund – the federal fund that’s used to repair our highways and bridges – is about to run out of money by the end of the summer.
The current tax extender debate signals a need for broader tax reform. Our new report shows why.
Last month we re-launched a major portion of our website, organizing our federal budget research content into eight issue areas. This week, we bring you key highlights on taxes and revenue.
Seemingly, corporations and the most wealthy have found a way to pay taxes on a regressive scale (the more you earn, the smaller percentage paid) within a progressive structure. But how?
The average American taxpayer paid $11,715 in income taxes in 2013. Here's 13 surprising charts that show how the federal government spent those tax dollars.
If you want a story about the illogic that rules Washington, look no further than this.
It's that time of year. Taxes are due on April 15. But where do our tax dollars actually go? Here's the answer.