The Tax Foundation is the nation’s leading independent tax policy research organization. Since 1937, our principled research, insightful analysis, and engaged experts have informed smarter tax policy at the federal, state, and local levels.
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Answers to Questions for the Record Following Scott Hodge’s
Testimony to the Senate Budget Committee Hearing: Ending a Rigged
Tax Code: The Need To Make the Wealthiest People and Largest
Corporations Pay their Fair Share of Taxes
Your website states that 33 percent of your funding comes from corporate sources. What are some of the
major corporate donors to your organization? Do any of the grants require that you advocate for policies
that would financially benefit these donors?
Per Tax Foundation policy, we do not publicly disclose our donors. Our financial documents, including
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and tax holidays, our support for a destination-based cash-flow tax, and our modeling of carbon tax
options, just to name a few examples.
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Mr. Hodge, your written testimony identifies that the percentage of tax filers owing zero income taxes at
the federal level has climbed from a recent low of around 18 percent in the mid-1980s to almost 35 percent
in the past couple of years. Given that, some tax-increase advocates say that other, more regressive taxes
such as sales and payroll taxes should be taken into account. Yet, payroll taxes are used largely to fund very
progressive retirement and disability benefits in Social Security, which also must be taken into account.
There are many ways people use tax and transfer data to make various cases. And some recent work by