Where does your tax dollars go? Who pays federal taxes? What are tax expenditures? We explain the U.S. federal tax system in a few easy-to-understand charts. See more resources at http://www.fixthedebt.org/tax-reform-resource-page
Where do your tax dollars go? Who pays federal taxes? What are tax expenditures? We explain the U.S. federal tax system in a few easy-to-understand charts. See more resources at http://www.fixthedebt.org/tax-reform-resource-page
Although there has been much discussion about health care recently, very little attention has been paid to Medicare. While some politicians promise not to touch the vital program, such pledges will only hurt it as it faces serious financing issues that must be addressed and will make the larger health care problem harder to solve. See more at http://www.fixthedebt.org/why-leaving-medicare-alone-will-only-weaken-it
Alaska's Fiscal Situation: Where We've Been, Where We're Headed (10.26.2019)Brad Keithley
A presentation to UAA Prof. Willie Hensley's "Alaska Policy Frontiers" seminar on October 26, 2019, on Alaska's current fiscal situation, how we got here, where we are and the options for where we go from here.
Farewell to Welfare - threats to the welfare stateCitizen Network
Simon Duffy, Director of the Centre for Welfare Reform, gave this talk on the demise of the welfare state under the leadership of the UK's Conservative Party at the University of Vasaa in May 2014.
Where do your tax dollars go? Who pays federal taxes? What are tax expenditures? We explain the U.S. federal tax system in a few easy-to-understand charts. See more resources at http://www.fixthedebt.org/tax-reform-resource-page
Although there has been much discussion about health care recently, very little attention has been paid to Medicare. While some politicians promise not to touch the vital program, such pledges will only hurt it as it faces serious financing issues that must be addressed and will make the larger health care problem harder to solve. See more at http://www.fixthedebt.org/why-leaving-medicare-alone-will-only-weaken-it
Alaska's Fiscal Situation: Where We've Been, Where We're Headed (10.26.2019)Brad Keithley
A presentation to UAA Prof. Willie Hensley's "Alaska Policy Frontiers" seminar on October 26, 2019, on Alaska's current fiscal situation, how we got here, where we are and the options for where we go from here.
Farewell to Welfare - threats to the welfare stateCitizen Network
Simon Duffy, Director of the Centre for Welfare Reform, gave this talk on the demise of the welfare state under the leadership of the UK's Conservative Party at the University of Vasaa in May 2014.
HB 202 (HFIN): Comments of Alaskans for Sustainable BudgetsBrad Keithley
Comments filed on behalf of Alaskans for Sustainable Budgets with the House Finance Committee on HB 202 (Rep. Merrick) proposing a restructuring of and cuts in the Alaska Permanent Fund Dividend (PFD).
A webinar presentation by Geoffrey Plague, Independent Sector, to the chief development officers from National Health Council member organizations. October 3, 2011
Comments in opposition to SB 199 & SB 200 (2.20.2022)Brad Keithley
The comments of Alaskans for Sustainable Budgets in opposition to Senate Finance Committee bills SB 199 & SB 200, which propose to substantially restructure and cut the Permanent Fund Dividend.
HB 202 (HFIN): Comments of Alaskans for Sustainable BudgetsBrad Keithley
Comments filed on behalf of Alaskans for Sustainable Budgets with the House Finance Committee on HB 202 (Rep. Merrick) proposing a restructuring of and cuts in the Alaska Permanent Fund Dividend (PFD).
A webinar presentation by Geoffrey Plague, Independent Sector, to the chief development officers from National Health Council member organizations. October 3, 2011
Comments in opposition to SB 199 & SB 200 (2.20.2022)Brad Keithley
The comments of Alaskans for Sustainable Budgets in opposition to Senate Finance Committee bills SB 199 & SB 200, which propose to substantially restructure and cut the Permanent Fund Dividend.
This infographic provides an overview of CBO's report, The 2016 Long-Term Budget Outlook. Gain quick insight into why CBO projects a substantial imbalance in the federal budget beyond the next 10 years.
Eugene Steuerle: "Will the Silver Tsunami Send Medicare into the Red?," 12.17.15reportingonhealth
Eugene Steuerle's slides from the Center for Health Journalism webinar "Will the Silver Tsunami Send Medicare into the Red?" 12.17.15
http://www.centerforhealthjournalism.org/content/will-silver-tsunami-send-medicare-red
The non-partisan Committee for a Responsible Federal Budget (CRFB) has compiled a brief background on the scope of our nation's fiscal challenges and the drivers of our debt and deficits, while outlining some of the types of solutions available to address the problems. This Powerpoint is meant to offer an objective, easily-accessible view of our country's fiscal situation as an educational tool meant to help foster open and honest discussion about these issues.
CRFB Webinar - The COVID-19 Economic Crisis, the Federal Response, and Our Ri...CRFBGraphics
This brief presentation contains a number of charts and other visualizations that help make sense of our nation’s fiscal state prior to the onset of the pandemic, the nature and scale of the current economic crisis, how the Federal Government has responded thus far, and the future implications of that response for the federal budget, deficit and debt.
The Committee for a Responsible Federal Budget gave an overview of the latest COVID relief deal and how much it will boost incomes and economic growth, and discussed the proposal for $2,000 checks.
Washington is far from a consensus on what to do about health care. But the future health of the federal budget depends on bringing down health care costs. Here is why we cannot fix the debt if we do not address health care spending.
A strong state of the union will require a strong approach to addressing high and rising national debt. Instead of ignoring the problem, our leaders must confront the situation and find ways to finance the future responsibly. Here’s a look at the State of the Debt.
The latest official budget and economic forecast for the next decade from the nonpartisan Congressional Budget Office (CBO), shows national debt rising well past historical norms and warns of serious consequences. Here are the key figures and what they mean.
The national debt is forecast to grow unsustainably in the years to come if we don’t take action. Though the numbers are staggering, let’s look beyond them and focus on what they could mean for a typical American. Let’s name her Hope. http://www.fixthedebt.org/growing-up-with-debt
If Congress and the President cannot agree on at least short-term legislation funding federal operations, a government shutdown will result. This primer provides basic information to better understand what could happen.
With interest rates rising, the debt ceiling looming once again, and high-profile issues like tax reform on the agenda, politicians in Washington are finding it harder to ignore the high and rising national debt. However, instead of addressing the issue openly and honestly, too many are resorting to myths to muddy the waters. We confront some of the most common myths with the facts.
Once again, the federal government is running up against the statutory debt limit, which has major implications for the national debt and the U.S. economy. Here’s a basic overview of this critical issue.
Passing a budget is just one step in financing the federal government. Specific decisions about government spending are made through an annual process called appropriations. Here are answers to key questions to better understand the process.
The mounting national debt is getting harder for Congress to ignore and lawmakers are turning to us for advice. Committee for a Responsible Federal Budget (CRFB) co-chair Mitch Daniels, Campaign to Fix the Debt co-chair Judd Gregg, and Fix the Debt steering committee and CRFB board member Alice Rivlin testified before the Joint Economic Committee of Congress on the national debt on September 8.
We debunk several common myths about the national debt. Like deficits are falling; there is no harm in waiting; deficit reduction will harm the most vulnerable; and the debt can be fixed by cutting waste, fraud or foreign aid.
Slides from the June 21, 2016 Fix the Debt webinar with former U.S. Comptroller General David Walker on how federal government finances affect state budgets. Watch the video at http://www.fixthedebt.org/chat-with-david-walker.
The State of the Union cannot be strong without a strong fiscal foundation to the economy. The era of declining deficits is coming to an end and the era of record-level debt is projected to continue indefinitely. Policymakers cannot afford to ignore the debt problem and must find ways to finance the future in a sustainable manner.
The presidential campaign can be an excellent opportunity to engage in a frank, constructive dialogue about the nation's fiscal challenges and what to do about them. Of course, it is much easier to rely on well-worn myths than to explain complex concepts and propose ideas that voters may not like. That’s why we published "16 Budget Myths to Watch Out for in the 2016 Campaign."
President Franklin Delano Roosevelt signed the Social Security Act into law on August 14, 1935. As the critical program celebrates its 80th birthday, we take a look at the challenges that must be overcome so that it can see at least 80 more years.
President Franklin Delano Roosevelt signed the Social Security Act into law on August 14, 1935. As the critical program celebrates its 80th birthday, we take a look at the challenges that must be overcome so that it can see at least 80 more years.
Despite the recent improvement in the federal budget deficit, the national debt is still on an unsustainable course. This infographic illustrates why this is a problem.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
1. Share of Each $100 Paid in Taxes
Health $25.39
Medicare $14.64
Medicaid $9.48
Other Health $1.27
Social Security $23.91
Defense and Military Benefits $20.32
Interest $6.05
Civilian Federal Retirement $2.64
Education $2.57
Transportation $2.43
Refundable Credits $2.30
Food Stamps $2.06
SSI $1.48
Justice $1.41
Housing Assistance $1.30
Foreign Aid $1.00
Natural Resource Protection $0.98
Unemployment Insurance $0.86
Child Nutrition $0.59
Other $4.71
Total $100
Where Tax Dollars Went In 2015
Source: CBO, OMB, Treasury Department
2. Where Does
The Federal
Government’s
Money Come
From?
Individual income and payroll taxes cover over two-
thirds of government spending.
In 2016, one-seventh of the government’s spending
will be financed by deficits.
Individual
Income
$1,626
Payroll
$1,099
Deficit
$534
Other
$309
Corporate
Income
$329
Billions
Source: Congressional Budget Office, March 2016 budget projections.
3. Who
Pays
Federal
Taxes?
Source: Congressional Budget Office, “The Distribution of Household Income and Federal Taxes, 2011.”
Bottom 20%
0.6% Second 20%
4%
Middle 20%
9%
Fourth 20%
18%
81st to 99th
Percentiles
45%
Top 1%
24%
The top 20% of
households pay almost
70% of the nation’s
taxes. The top 1% is
responsible for paying
nearly a quarter.
Percentage of all federal taxes paid, by household income
4. $0
$200
$400
$600
$800
$1,000
$1,200
$1,400
$1,600
1974 1978 1982 1986 1990 1994 1998 2002 2006 2010 2014 2018
Actual ProjectedTax Reform Act of 1986
Inflation-adjusted dollars
There is now twice as much money in “tax expenditures” – deductions, credits, and other
tax breaks – as there was after Congress last overhauled the tax code in 1986.
Tax Breaks Have Grown Over Time
Source: U.S. Department of the Treasury, compiled by the National Priorities Project.
5. 14%
16%
18%
20%
22%
24%
26%
1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 2026
Revenues
50 Year Avg.
Spending = 20.2%
Actual
50 Year Avg.
Revenues = 17.4%
Spending
Projected
Revenues Don’t Cover Spending
Percent of GDP
Source: Congressional Budget Office, March 2016 budget projections.
6. Tax Expenditures aren’t part
of the budget that Congress
passes every year, but are
similar to government
spending programs. Think
about it: $1,000 given out in
Pell grants and $1,000 given
out through education tax
credits will both give $1,000 to
students.
If they were counted as a
normal part of the budget, tax
expenditures would be a
quarter of spending.
Tax Expenditures: Another Kind of Spending
Source: Congressional Budget Office, Joint Committee on Taxation
Individual and
Corporate Tax
Expenditures
25%
Other
10%
Interest
5%
Non-Defense
Discretionary 12%
Defense
Discretionary
11%
Health Care
20%
Social
Security
17%
7. $0
$20
$40
$60
$80
$100
$120
$140
Housing* Education** Income Support***
Tax Expenditures Program Spending
Billions, FY2014
Tax Expenditures Rival Spending Programs in Size
*Spending represented by HUD Budget. Source: Office of Management and Budget, President’s Budget FY 2016; Joint Committee on Taxation
**Spending represented by Pell Grants. Source: Joint Committee on Taxation
*** Refundable credits include EITC and Child Tax Credit. Spending includes SSI,TANF, and Foster Care Assistance. Source: HHS, SSA
8. 0.0%
0.2%
0.4%
0.6%
0.8%
1.0%
1.2%
1.4%
1.6%
1.8%
MEG Model, Low Change In
Employment
MEG Model, High Change In
Employment
OLG Model
Low Estimate High Estimate
The Tax Reform Act of 2014 would have increased the size of the economy by between 0.1
percent and 1.6 percent by 2023.
Tax Reform Promotes Economic Growth
Source: Joint Committee on Taxation
Additional GDP Growth After 10 Years