In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect ...

This dashboard measures the proportion of income received by each quintile and each quintile’s sources of income. By clicking on the boxes, it is possible to view the composition by quintile for each ...

Now that the election frenzy is over, policymakers must decide the fate of the 2017 Tax Cuts and Jobs Act’s expiring ...

The leading liberal tax fallacies understate the progressivity of the federal tax code and overstate the degree to which ...

Specifically, the bottom quintile sees a 0.6% income decline ... Trump has also floated the idea of shaking up the federal income tax by replacing it with revenue from tariffs on imported goods.

Real income, reflecting prices, increased by 2.3%.By income quintile , the average monthly income of the top 20% households in the quintile increased by 6.5% to KRW 11.54 million.The income of the ...