News
CNN Money | Taxing the rich: What's fair?
There are actually two "how much" questions at play here. How much income does it take to be rich? And assuming you qualify, how much should you be forking over to the government every year?
Econ Comments & Analysis
WSJ | A Simple Tax Code Is a Fair Tax Code
The top 1% of taxpayers pay more in federal income taxes than the bottom 90%. (The bottom 50% pay no income tax at all.) Clearly, our tax system is highly progressive, either when considering income taxes alone or consolidating personal income, corporate, estate and payroll taxes.
Blogs
The American | So why aren’t we cutting corporate tax rates?
What could the Obama White House have been doing in 2009 and 2010 other than pushing healthcare reform? How about reforming America’s uncompetitive corporate tax code? That could have been a huge pro-growth move. Still hasn’t happened.
Heritage Foundation | Morning Bell: How Taxmageddon Will Impact You
“I’ve said that this is a make-or-break moment for the middle class, and I believe it,” President Obama told an Ohio crowd yesterday. Indeed it is—because in a sluggish economy, American taxpayers are about to be clobbered by the largest tax increase in history.
Political Calculations | Taxes at the Margin
If your tax rate goes up by a lot, will the amount of taxes that you pay go up by a lot as well? You might think so at first, but as we'll show you in this post, the answer is that your taxes will likely go up, but probably by not anywhere near as much as you might have thought, and certainly not by anywhere near as much as the politicians imposing the tax hike might like.
