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Estate and gift taxes are levied on the transfer of assets. Two areas of the tax code that are relatively small in dollar terms, but can generate a significant amount of attention and even controversy in the broader conversation about wealth.
https://www.pgpf.org/budget-basics/what-are-estate-and-gift-taxes-and-how-do-they-work
“As overcoming this pandemic continues to be a top priority, voters are also becoming more concerned about America’s rapidly worsening fiscal condition,” said Michael A. Peterson, CEO of the Peterson Foundation.
https://www.pgpf.org/press-release/2021/02/fci-press-release
It’s important for lawmakers to consider the many available policy options for improving that outlook.
https://www.pgpf.org/blog/2018/12/121-ways-we-can-reduce-the-deficit-according-to-cbo
The Peter G. Peterson Foundation releases a statement on the Fiscal Commission.
“Timing gimmicks not only game the budget, but can be highly disruptive to our economy and society because of the year-to-year uncertainty they present for millions of Americans," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
Five students from the University of Virginia have been awarded first prize in the nationwide Up to Us competition — a first-of-its-kind, six-week challenge to engage young people on college campuses across the country on the federal government's long-term debt.
“This CBO score is the latest evidence that this bill needs to be improved as it moves through the legislative process," said Michael A. Peterson, CEO of the Peter G. Peterson Foundation.
The total cost of the Tax Cuts and Job Act is estimated to be $1.7 trillion between 2018 and 2027.
https://www.pgpf.org/blog/2017/11/what-the-interest-on-deficit-funded-tax-legislation-would-cost
The full transcript of a speech delivered by Dave Walker, president and CEO of the Peter G. Peterson Foundation, at the Institute of Medicine.
https://www.pgpf.org/press-release/dave-walker-at-institute-of-medicine-rosenthal-speech
Top lawmakers and policy experts convene today in Washington for a discussion about America’s economic future at the Peter G. Peterson Foundation’s fifth annual Fiscal Summit.