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You searched for: label/Charitable Contribution Deductions

Taxes for States in Trouble?

…pay the same flat income tax rate that the middle class pays–4.35%. A family of four starts paying that on wages above the personal exemption of $13,200 (after other deductions,…

Review of Palin and tax return issue

…been included as compensation on her W-2 (with Schedule A itemized deductions still available to her for the portion of the reimbursements representing legitimate business expenses). rollotomasi | | Email…

Soc Sec XXXIII: Medicare Finance

…through payroll tax deductions, 3.01% in 2006. This tax differs from that of Social Security in one respect: it is not capped. But for the most part the better Social…

Fixing the Fiscal Nightmare

…Options”.) Enact a VAT. A 10% VAT, paired with an increase in personal exemptions/deductions/tax credits to ensure that lower-income families do not contribute a larger share of tax revenue (see…

Are the Oil Companies Paying Too Much in Taxes?

…my point about accounting profits was less these deductions for items that are not current cash outflows as much as the failure to distinguish between accounting profit and economic profit….