May 14, 2021
State and local governments are responsible for the majority of infrastructure spending in the United States. While per capita infrastructure spending varies greatly by state, the average spending by state governments in 2018 was $729 per capita.
May 7, 2021
While the maximum tax rate on wage and salary income is significantly higher than for capital income, the effective marginal tax rate—the additional tax paid for additional income earned—is similar when measured across all tax units.
April 30, 2021
The U.S. economy is still down 6.7 million jobs from one year ago. Over half of those losses are concentrated in two industries: leisure and hospitality; and government.