Taxes provide the revenue that finances government programs at all levels, with income and payroll taxes the largest federal revenue sources. Under the graduated tax system in the United States, those with larger incomes generally are taxed at higher rates than those with lower, but special tax breaks and loopholes can create complexity and inequity.
Top Economic Stories of 2013
December 17, 2013
Brookings Economic Studies experts offer insights and recommendations on what lies ahead in 2014, while weighing in on the economic developments that made headlines in the past 12 months.
U.S. Economic Performance
The Federal Budget
December 13, 2013
December 13, 2013, Benjamin H. Harris
December 11, 2013, William G. Gale
November 26, 2013
Paper | Urban-Brookings Tax Policy Center
November 18, 2013, Benjamin H. Harris and Brian David Moore
Presentation | U.S. Environmental Protection Agency
November 7, 2013, Adele Morris
November 5, 2013, Richard V. Reeves
Paper | European Journal of Political Economy
October 2013, Roberto Delhy Nolivos and Guillermo Vuletin
Opinion | VoxEU.org
October 1, 2013, Carlos Vegh and Guillermo Vuletin
Opinion | Inter-American Dialogue’s Latin America Advisor
September 18, 2013, Andrés Rozental
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The Brookings Institution
The Center is made up of nationally recognized experts in tax, budget and social policy who have served at the highest levels of government. TPC provides timely, accessible analysis and facts about tax policy to policymakers, journalists, citizens and researchers.
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William G. Gale
Co-Director, Urban-Brookings Tax Policy Center
Director, Retirement Security Project
Co-Director, Center on Children and Families, Budgeting for National Priorities
Senior Fellow, Economic Studies
Isabel V. Sawhill
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