PWBM’s Stylized Medicare for All Model
This legacy brief is available as a downloadable PDF.
This legacy brief is available as a downloadable PDF.
This legacy brief is available as a downloadable PDF.
Recent revisions to estimates of corporate profits may explain the unanswered question of why corporate income tax receipts have underperformed CBO estimates in recent years.
This legacy brief is available as a downloadable PDF.
We estimate the budgetary, economic and distributional effects of raising the Social Security taxable maximum to $300,000 starting on January 1st, 2021. We project that it would raise $1.2 trillion of additional revenue on a conventional basis over the 10-year budget window and lower GDP 1.7 percent by 2050. Families in the top 10 percent of the income distribution would bear 93 percent of the overall burden of this tax increase.