News
CNN Money | Fiscal cliff: Payroll tax cut may not survive
For all the uncertainty over how lawmakers will handle the expiring tax cuts under the fiscal cliff, there seems to be growing clarity surrounding at least one measure: the temporary 2% payroll tax cut.
CNBC | Tax Hikes Coming No Matter Who Wins White House
Regardless of who wins the White House this November, the new health-care law will raise taxes on high-income Americans next year—and that could have implications for stocks and other assets.
Econ Comments & Analysis
Telegraph | If you want the rich to pay more tax, let them grow even richer
This is nonsense, as even a cursory analysis of the official statistics reveals. The top 1pc, who earn £156,000 or above, will pay a whopping 24.2pc of all income tax this year, a much higher contribution than their 10.8pc share of all income.
Washington Times | Taxing marriage
Congress packed its bags and left town last week without resolving the “fiscal cliff.” As things stand, the George W. Bush tax rates will expire Jan. 1, leaving us all liable for sending trillions more to Uncle Sam each year.
Blogs
FOX Business | Who is the 47% Not Paying Taxes?
GOP presidential candidate Mitt Romney’s recent remarks caught on camera regarding the 47% of Americans who don’t pay income tax are all over the news
