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Friday, September 28, 2012

Taxes

Econ Comments & Analysis                                                                                            
Washington Times | Mitt Romney was right about the 47 percent
Mitt Romney hit the bull’s-eye with his comments regarding the 47 percent of Americans who do not have any skin in the game as it pertains to paying federal income tax. Facts are facts.

Blogs                                                                                                                             
CATO | Evidence from England Shows that If You Want to ‘Soak the Rich,’ Keep Tax Rates Low
I’ve pulled evidence from IRS publications to show that rich people paid a lot more to Uncle Sam after Reagan reduced the top tax rate from 70 percent to 28 percent.