…agrees with the famous dictum of heiress Leona Helmsley: “We don’t pay taxes. Only the little people pay taxes …” Why does the Queen of England have multiple palaces and…

…arbitrarily chosen interest rate. Calculations of “rate of return” usually leave out important complications like fees, taxes, inflation, and market variations. And they never refer to the insurance function whereby…

…much as $50,000 would owe no federal income taxes, as long as they have at least two children, according to an analysis by Deloitte Tax LLP. A typical family of…

…the Right talking point that poor people don’t pay taxes. In reality poor people pay all kinds of taxes directly and indirectly from sales taxes to property taxes funded via…

hat tip cactus Reader Josh asks: I always find it interesting that those who scream for lower corporate taxes always claim that they are necessary for America to compete in…

18 expert panelists on GAO report on cap and trade versus carbon taxes. Joseph Aldy, Resources for the Future James Edmonds, Pacific Northwest National Laboratory Richard Howarth, Dartmouth College Bruce…

This is a chart of your data on personal taxes as a share of personal income. See what I mean by how stable it has been until recent years….

…enacted the cuts in capital gains and dividend taxes in mid-2003, which with the stroke of a pen boosted the after-tax returns on risk-taking, real quarterly economic growth has averaged…

…after 1965 can expect a rate-of-return of less than 2% on his or her Social Security taxes. 3. The Social Security payroll tax rate has grown from just 2 percent…

…near the middle of the income distribution pay almost twice as much in payroll taxes as in income taxes. Yet people were willing to accept a regressive tax increase to…