Trade Fact of the Week: Tariff revenue in FY2023: $80 billion. Reps. Fletcher and Pettersen have some very good questions about who is paying this money.
Progressive Policy Institute Blog
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1w ago
FACT: Tariff revenue in FY2023: $80 billion. Reps. Fletcher and Pettersen have some very good questions about who is paying this money. THE NUMBERS: Tax revenue by source, Fiscal Year 2023* – Tariff system: $80.3 billion Fuel tax for trust fund: $42.2 billion Estate and gift tax: $33.7 billion Tobacco excise tax: $10.3 billion Alcohol ..read more
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How Online Education Can Open Doors for Rural Students
Progressive Policy Institute Blog
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1w ago
Seventy-two percent of America is rural, yet these areas are only home to 14 percent of the population. Rural communities across the U.S. have higher poverty rates and lower education levels compared to those in urban and suburban areas. While 41 percent of urban adults have a college degree, only 28 percent of rural adults do. While ..read more
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Trade Fact of the Week: U.S. life expectancy loss during the COVID-19 pandemic: -1 year for college-educated, -4 years for high school diploma or less.
Progressive Policy Institute Blog
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1w ago
FACT: U.S. life expectancy loss during the COVID-19 pandemic: -1 year for college-educated, -4 years for high school diploma or less. THE NUMBERS: Largest drops in U.S. life expectancy, last 125 years – 1917-1918 -11.8 years 1902-1904   -3.9 years 1942-1943   -2.9 years 2019-2021   -2.4 years WHAT THEY MEAN: The first April edition ..read more
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Trade Fact of the Week: The Port of Baltimore handles 10% of U.S. vehicle trade and 94% of Ethiopian birdseed imports.
Progressive Policy Institute Blog
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2w ago
FACT: The Port of Baltimore handles 10% of U.S. vehicle trade and 94% of Ethiopian birdseed imports. THE NUMBERS: Arrivals of Ethiopian “noug” imports, 2023 – Port of Baltimore: 7,095 tons Port of New York:    429 tons All other:        6 tons   WHAT THEY MEAN: Last week’s destruction of the Key ..read more
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PPI Down Under: The Economic Impact of Weakening Encryption in Australia & New Zealand
Progressive Policy Institute Blog
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2w ago
The Progressive Policy Institute traveled to Australia and New Zealand in mid-March 2024 to present our latest report “Backdoors and Balance Sheets: The Consequences of Weakening Encryption on the Future of Work.” The paper was authored by PPI’s Colin Mortimer and guest author Joel Gladwin, a former Special Adviser to two Secretaries of State at ..read more
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Biden’s Budget Demonstrates the Problems With His $400K Tax Pledge
Progressive Policy Institute Blog
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1M ago
Last Monday, the Biden Administration released its budget proposal for 2025, offering a blueprint for what Biden hopes to accomplish in his second term. The budget includes some admirable initiatives and real revenue increases to pay for them, but it also relies on gimmicks to mask the reality that President Biden cannot sustainably finance his ..read more
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How Postsecondary Online Education is Empowering Today’s Students
Progressive Policy Institute Blog
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1M ago
Today’s postsecondary students look different than they did 20 years ago. Their paths today are not as linear, with many students opting out of going to college right after high school. As a result, today’s students are more diverse than ever before: 34% are adults, over half are first-generation students, 22% are parents, and the ..read more
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Trade Fact of the Week: U.S. carbon emissions fell by 190 million tons in 2023.
Progressive Policy Institute Blog
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1M ago
FACT: U.S. carbon emissions fell by 190 million tons in 2023. THE NUMBERS: Energy-related carbon emissions, 2023* – World total: 37.8 billion tons Change by country China: +565 million tons India: +190 million tons World: +410 million tons Japan: -100 million tons United States: -190 million tons European Union: -220 million tons *International Energy Agency ..read more
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The Cautionary Tale of ESG Oversight: Arkansas Should Heed Texas’ $886 Million Cost for Prioritizing Politics
Progressive Policy Institute Blog
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1M ago
With the creation of a new ESG Oversight Committee, Arkansas has made a substantial shift in the state’s changing investment and sustainability landscape. The committee was fully formed last month when Governor Sarah Huckabee Sanders appointed Tom Lundstrom as the committee’s fifth and final member. This committee is charged with identifying financial service providers who ..read more
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Biden Budget’s Tax on Executive Compensation is an Imperfect Solution
Progressive Policy Institute Blog
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1M ago
Skyrocketing executive pay has become an increasingly important indicator of income inequality and has prompted questions as to what policy tools can rein it in. The Biden administration recently proposed to tackle the problem by prohibiting corporations from deducting salaries over $1 million for all their employees. Although this approach may be an improvement to ..read more
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