A closer look at who does (and doesn’t) pay U.S. income tax
Taxpayers with incomes of $200,000 or more paid well over half (58.8%) of federal income taxes, though they accounted for only 4.5% of all returns filed (6.8% of all taxable returns). By contrast, taxpayers with incomes below $30,000 filed nearly 44% of all returns but paid just 1.4% of all federal income tax.
5 facts about government debt around the world
Public debt has increased sharply in many countries in recent years, particularly during and after the Great Recession.
Proposed amendments to the U.S. Constitution seldom go anywhere
More than 700 proposed amendments have been introduced into the House or Senate since 1999, but not one has become part of the Constitution.
Congressional productivity is up – but many new laws overturn Obama-era rules
This Congress has passed more substantive bills so far in its session than any since 2007 – though nearly a third of them were to undo Obama-era rules.
5 facts about the national debt
As of July 31, the federal government’s total debt stands at $19.845 trillion. Read a primer on the U.S. national debt, the debt limit and interest payments on the nation’s credit line.
Most Americans unaware that as U.S. manufacturing jobs have disappeared, output has grown
Although manufacturing jobs have fallen over the past three decades, improved productivity has kept manufacturing output rising – contrary to what many Americans believe. But over the past few years, productivity growth has been sluggish at best.
U.S. House seats rarely flip to other party in special elections
Special elections to the U.S. House of Representatives tend to be low-turnout events, historically speaking, and seldom result in seats switching from one party to another.
People’s views of their national economies don’t always square with data
Many Europeans, Japanese and Americans feel better today about their nations’ economies than they did before the financial crisis, according to a new global survey by Pew Research Center. But those public sentiments aren’t always aligned with a nation’s actual economic performance.
U.S. job openings at record high levels
In April, there were more than 6 million nonfarm job openings, according to the federal government’s Job Openings and Labor Turnover Survey.
Trump’s nominees have already faced a large number of cloture votes
The president has been slow to nominate people to fill key posts, and most of those he has named have had to overcome the cloture hurdle before being confirmed.