SOCIAL SECURITY AND BRAIN DAMAGE
…it’s not a tax, and it’s not regressive. A tax is a “required payment FOR THE SUPPORT OF A GOVERNMENT.” The payroll “tax” does not support any government; it is…
…it’s not a tax, and it’s not regressive. A tax is a “required payment FOR THE SUPPORT OF A GOVERNMENT.” The payroll “tax” does not support any government; it is…
…on the most vulnerable, since consumption taxes are a kind of flat, across-the-board tax that is regressive since the poor spend all of their income (and pay taxes on all…
…top federal marginal rates on tax revenues, a different look at federal marginal rates and growth, and this look using state tax levels. I’ve also shown that effective tax rates…
…can we really expect if Congress enacts new tax cuts to “extend” the Bush tax cuts? What can we really expect if Congress does not enact new tax cuts but…
…means a whole lot less than you think it does. They say “for the first time since…1983…outlays will exceed…annual tax revenues.” They don’t tell you that in 1983 the tax…
…achieved, Social Security and Medicare will—and should—grow. Holding them hostage to ever-rising, job-killing payroll taxes is perverse. If the economic crisis necessitates a second stimulus—and it probably will—then a payroll-tax…
…data, 3500 companies of 50,000 pay the current 9%. Next tax cut: Lower the annual business tax from $500 to $450. My two businesses pay this tax. I’ll get a…
…it, taxes, taxes, taxes.” Shutting down tax avoidance schemes and forcing the wealthy to pay more in taxes is the only real solution to the problems that plague the world,…
…the corporate tax cuts were largely made permanent, the individual income and estate tax cuts were temporary and expire at the end of tax year 2025. Based on Congressional Budget…
…Billion Actual Taxes Paid: $1.5 Billion (2%) 2. Chevron Pre-tax Earnings: $46.6 Billion Actual Taxes Paid: $1.9 Billion (4%) 3. Apple Pre-tax Earnings: $34.2 Billion Actual Taxes Paid $3.9 Billion…