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According to economists, this will likely happen at the expense of U.S. consumers, who are expected to bear the brunt of the ...
This week’s chart from Heritage’s 2011 Budget Chart Book depicts federal revenue by source. That chart would look quite different if Heritage’s tax-reform plan were enacted into law.
While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
In December 2005, the CBO pro­jected federal tax receipts for 2006 at 17.5 percent of GDP, but because of surging revenues unantic­ipated by the CBO, tax collections for 2006 are currently on ...
The company cited strong business from the federal government and AI-related revenue generated. In the third quarter, ServiceNow earned $2.92 a share on revenue of $2.288 billion, up 49% and 29% ...
There are two salient points here. First, as the graph illustrates, as tax rates declined, government revenue increased. Second, there is a strong negative correlation between the two.