A recent legislative change promises a significant financial uplift for millions of Americans by enhancing their Social ...

A tax base is the total value of all of the assets, income, and economic activity that can be taxed by a taxing authority, usually a government. It is used to calculate tax liabilities.

In general, you calculate real GDP by dividing nominal GDP by the GDP deflator (R). The BEA provides the deflator on a quarterly basis. The GDP deflator is a measurement of inflation since a base ...