Newsletter

  • Chart of the Day: Evolving Price of the F-35

    The 2019 National Defense Authorization Act signed in August included 77 F-35 Lightning II jets for the Defense Department, but Congress decided to bump up that number in the defense spending bill...

  • U.S. 1040 Individual Income Tax forms are seen in New York

    Tax Cuts Put the Brakes on Bracket Creep

    Receipts from individual income taxes tend to rise every year due to what economists call “bracket creep” – the movement of more taxpayers into higher tax brackets over time, even as tax rates stay...