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Wealthier households receive a greater portion of their income from capital gains, which are taxed at a lower rate than wages and salaries.
https://t.co/4KIxRYQkmV
The #SocialSecurity Trust Fund will be depleted in 2032. Here are three options for lawmakers to close the funding gap from @BudgetHawks:
https://t.co/8EXWQAoPnc
The Highway Trust Fund — which is already projected to run out in just two years — receives a significant part of its funding from the gas tax.
https://t.co/Jy1bbmQ5NL
#Healthcare spending in the United States is a key driver of our #NationalDebt and has risen notably over the past few decades.
Here are five key takeaways from the most recent data.
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The latest long-term projections show a dramatically worsening fiscal trajectory — higher spending, lower revenues, and a substantially larger national debt.
https://t.co/2l8D3IfZ6t
Implementing a value-added tax would be a major change in fiscal policy that could greatly improve the imbalance between federal spending and revenues.
https://t.co/gnQquNAhch
Even if the full savings from the proposed gas tax holiday were passed on to consumers, the average person would only save approximately $8.90 per month. https://t.co/BSmM2wfTBa