News
WSJ | Top 1% Would See $90,000 Tax Rise, Report Says
Americans whose income ranks them in the top 1% of earners would see their taxes rise by more than $90,000 on average next year under President Barack Obama's budget proposal, according to a nonpartisan research group's new estimate.
USA Today | Britain makes tax changes, cuts top rate from 50% to 45%
Britain's finance minister has cut the tax rate for the country's wealthiest citizens but insisted the rich will pay more because of measures to prevent tax avoidance and a punitive new charge on expensive property sales.
