Econ Comments & Analysis
Bloomberg | Top 2% Not Job Creators or Millionaires in Tax Debate
President Barack Obama describes them as “millionaires and billionaires” who can afford to pay higher taxes. Republicans call them “job creators” who need to keep their money so they can hire more workers.
Forbes | Obama Promised He Wouldn't Raise Taxes On the Middle Class. He Lied.
CBO estimates that health insurance will cost $15,000 per year on average for families soon after Obamacare is fully implemented, rising rapidly from there. That is the individual mandate tax on the middle class and working people.
Blogs
Tax Foundation | Type the Title You Want People to See
For most transactions, calculating sales tax is simple: multiply what the consumer paid by the tax rate. This morning, I paid $3 for a donut and milk, and since the DC tax on meals is 10 percent, I owed 30 cents in tax.
