Despite talk of ‘trade war’ with China, highest U.S. tariffs are on imports from other Asian countries
The highest U.S. tariffs aren’t on imports from its biggest trading partners, but on products from several developing South Asian nations whose exports are heavily weighted toward clothing, footwear and other products that the U.S. generally taxes highly.
U.S. tariffs vary a lot, but the highest duties tend to be on imported clothing
Average tariff rates, while useful for comparison, can obscure the wide range of rates imposed on different classes of imports and on specific products.
Positive Views of Economy Surge, Driven by Major Shifts Among Republicans
Americans’ views of national economic conditions continue to improve, with the share saying the economy is in good or excellent condition now at its highest point in nearly two decades.
Public Has Mixed Expectations for New Tax Law
A month after Donald Trump and Congress passed the Tax Cuts and Jobs Act, the public has mixed views of the sweeping tax overhaul and its long-term impact.
Congress has long struggled to pass spending bills on time
In the four decades that the current system for budgeting and spending tax dollars has been in effect, Congress has managed to pass all required appropriations bills on time only four times.
From #MAGA to #MeToo: A look at U.S. public opinion in 2017
A look back at the events that defined 2017 and what public opinion can tell us about the important trends shaping American society.
Among developed nations, Americans’ tax bills are below average
Tax burdens in the U.S. are lower than most of its developed-nation peers – in some cases, well below.
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.
More Americans favor raising than lowering tax rates on corporations, high household incomes
As the congressional debate over Trump’s tax overhaul begins, more Americans say tax rates on corporations and higher-income households should be raised rather than lowered.
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.