Recent History of Tax Progressivity in the USA
…of the history of such tax cuts, although it is true of one important tax cut — the child tax credit which was part of the 2001 Bush tax cuts….
…of the history of such tax cuts, although it is true of one important tax cut — the child tax credit which was part of the 2001 Bush tax cuts….
…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…
…issue is Question 1, which would eliminate the state income tax. It would save the average taxpayer about $3,600 a year. Annual revenue from the tax is about $12.5 billion,…
…billion tax relief package that would extend tax cuts on dividends and capital gains and keep 15 million middle income taxpayers from getting hit with a tax designed for the…