Medicare

Federal Fiscal System Is Very Progressive, Latest CBO Report Shows

New CBO data shows that the current U.S. fiscal system—both taxes and direct federal benefits—is very progressive and very redistributive.

Payroll Tax

Reviewing the Deadweight Loss Effects of High Tax Rates

Deadweight loss effects demonstrate why policymakers should pursue a more efficient tax code to achieve distributional objectives, rather than pursuing high tax rates that create disproportionately high economic costs.

Tax Interactions in Senator Warren’s “Medicare for All” Proposal Would Reduce Potential Revenue

Reviewing Elizabeth Warren’s Tax Proposals to Fund Medicare for All

Elizabeth Warren released a detailed plan on how she would fund Medicare For All, proposing a wealth tax, financial transactions tax, mark-to-market taxation of capital gains income, and a country-by-county minimum tax, among other reforms.