Fiscal and Budget Program

Media Coverage : Long-Term Unemployment Struggles Plague Florida, Nation

Tue, 15 May 2012 10:30:00 GMT

Ingrid Schroeder, director of the Pew Fiscal Analysis Initiative, is quoted in an article about the impact of job loss and long-term unemployment in Florida.

Report : A Year or More: The High Cost of Long-Term Unemployment - 2012 Update

Wed, 02 May 2012 08:00:00 GMT

This addendum to the report, A Year or More: The High Cost of Long-Term Unemployment, looks at long-term unemployment using statistics from the first quarter of 2012 (the period from January to March).

Report : Reducing the Deficit by Increasing Individual Income Tax Rates

Thu, 01 Mar 2012 09:00:00 GMT

This paper, written by the Tax Policy Center and sponsored by the Pew Fiscal Analysis Initiative, builds on previous work by examining whether raising just the top two or three individual income tax rates alone could put the debt on a sustainable path and what the rates would be under several different scenarios.

Report : Implications of Different Bases for a VAT

Mon, 06 Feb 2012 11:00:00 GMT

Policy makers have discussed, and will likely continue to debate, the merits of implementing a value-added tax (VAT) as one option for reforming the tax system and/or addressing the federal budget deficit. This paper, written by the Tax Policy Center (TPC) and sponsored by the Pew Fiscal Analysis Initiative, examines the impacts of different VAT bases and how they vary among income and age groups. The analysis considers how different tax bases affect the VAT rate needed to reduce the deficit by 2 percent in 2015, its distributional burden, and effective marginal tax rates on different income sources.

Media Coverage : How the Decline in U.S. Manufacturing Makes Job Recoveries More Difficult

Thu, 02 Feb 2012 12:00:00 GMT

A blog post in The Washington Post's Wonkblog about the data in a series of charts on unemployment by the Pew Fiscal Analysis Initiative.

Report : Five Long-Term Unemployment Questions

Wed, 01 Feb 2012 14:00:00 GMT

This new series of charts illustrates different dimensions of the U.S. unemployment challenge, such as who make up the long-term unemployed population, where the long-term unemployed are located, and whether workers are being laid off permanently or temporarily.

Report : Using a VAT to Reform the Income Tax

Tue, 24 Jan 2012 14:00:00 GMT

This paper is designed to help policy makers better understand the impact of a VAT if used to simplify the tax system. It analyzes a proposal by Michael Graetz, a Columbia University law professor and tax expert, that would introduce a VAT and reform the individual and corporate income tax systems.

Fact Sheet : Time's Up: Federal Provisions Set to Expire in January 2012

Fri, 09 Dec 2011 13:00:00 GMT

In January 2012, several federal tax and spending policies are scheduled to expire. These include emergency benefits for the long-term unemployed, indexing the alternative minimum tax (AMT) to inflation, the two-percent payroll tax holiday Americans enjoyed in 2011, and higher Medicare reimbursements for physicians, among others. This infographic breaks down the cost of extending these expiring policies.

Report : Using a VAT for Deficit Reduction

Mon, 21 Nov 2011 11:00:00 GMT

This paper is designed to help policy makers better understand the impact of a VAT if used for deficit reduction. It compares adoption of a new VAT and higher income tax rates as alternative strategies for raising revenue to reduce the deficit. It looks at these two options in isolation from other policies such as spending cuts that also could contribute to deficit reduction and would allow for a lower VAT or smaller income-tax increases.

Terms and Conditions

Terms and Conditions Page