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March 9 2026 and . . .

…through payroll taxes. They also each contribute 1.45% for Medicare — and unlike Social Security, Medicare taxes apply to all earnings with no income cap. There’s also a 0.9% Medicare surcharge…

CBO data on taxes and income

…The federal tax burden is quite progressive as the last chart shows. But in general state and local taxes such as sales taxes and property taxes are much more regressive,…

McKinsey on Dividend Taxes

McKinsey on Dividend Taxes McKinsey is one of the top, many say the best, management consulting firms–hardly a left-wing industry. Among their various activities, they distribute a newsletter, The McKinsey…