Tax Reform and the AMT
…millions more middle class taxpayers will be paying their taxes according to the AMT calculation rather than according to the traditional tax calculation. After four years fully one-third of all…
…millions more middle class taxpayers will be paying their taxes according to the AMT calculation rather than according to the traditional tax calculation. After four years fully one-third of all…
…over the past four years in a matter that have made the tax code more complex? Maybe Congress passes such convoluted tax laws to increase the demand for tax attorneys….
…in the union, the bottom 80 percent of taxpayers would face much higher taxes under a sales tax. Nationwide, these tax increases would average about $3,200 a year. Put another…
…local taxes and it’s really easy to get a total sales tax over 50%. One more thought: with sales tax rates like these (heck–suppose I’m wrong and a 25% federal…
…explores the relationship between statutory top marginal tax rates on personal income and long-run economic growth. While theoretical models of endogenous growth explicitly allow for nonlinear effects of taxation on…
Jon Perr at Crooks and Liars does a nice review on defining who benefits the most from tax breaks: CBO Study Shows Tax Breaks Favor the Rich “Every year, tax…
…of different increases in the tax “cap” [the level above which payroll taxes are not assessed, on the theory that Social Security is insurance for which “enough is enough”]. The…
…proposal would be to keep the fairly complicated loophole closing and tax increases, but to replace the proposed targetted tax cuts with a broad simple tax cut. The quote of…
…Obama’s solution? Cut taxes on corporations to keep them here. China gave tax free ten-year holidays to many corporations. O think he is going to match that? His strategy is…
…the EU has had in getting its Savings Tax Directive passed in order to help stamp out intra-EU tax evasion, and the long way it still has to go. Here’s…