Corporate Income Tax Revenue across G7 Countries
As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.
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As a share of GDP, the U.S. corporate income tax revenue is the lowest among G7 countries.
Following the 2017 tax reform, the federal statutory corporate tax rate in the United States is now more in line with many other OECD countries.
https://www.pgpf.org/chart-archive/0273_statutory_corporate_income_tax_rates
Eight popular tax provisions accounted for a large majority of annual tax expenditures.
https://www.pgpf.org/chart-archive/0009_largest-tax-expenditures
The top 1 percent of taxpayers generate 30 percent of individual income tax revenues.
The top 1 percent of taxpayers receive 19 percent of the benefit from individual income tax expenditures.
We asked experts with diverse views from across the political spectrum to share their perspectives and insights to help understand the landscape and identify solutions.
https://www.pgpf.org/expert-views/inflation-interest-and-the-national-debt
As Washington faces closely divided government, the nonpartisan Peter G. Peterson Foundation is convening respected policy experts to help break the gridlock. This set of eight new essays highlights a range of ideas on how to make progress on key fiscal and economic goals. The authors include leaders from across the political spectrum, offering historical context and practical advice to help lawmakers rise above the politics to make bipartisan progress.
https://www.pgpf.org/expert-views/bipartisan-policymaking-under-divided-government
Lawmakers have enacted a total of 128 continuing resolutions over the past 25 fiscal years.
https://www.pgpf.org/chart-archive/0228_continuing_resolutions