Treasury Secretary Mnuchin’s Forked Tongue on Tax Cuts for the Wealthy
…of the AMT, the elimination of the estate tax, and the 25% pass-through rate for taxpayers all represent huge tax cuts for wealthy taxpayers who are the ones most likely…
…of the AMT, the elimination of the estate tax, and the 25% pass-through rate for taxpayers all represent huge tax cuts for wealthy taxpayers who are the ones most likely…
…the changes. If you eliminate the estate tax, you will give tax cuts to the ultra wealthy and NO tax relief to the working middle class or lower income taxpayers….
…arguments–that the estate tax is a “tax on your right to transfer property at your death.” (of course, isn’t it really a tax on the ability of heirs to receive…
…25% rate and a territorial tax system that would cut corporate tax revenues even further. The Joint Tax Committee has noted that cutting all the loopholes in a base-broadening attempt…
…an income tax) to oranges (an income tax AND a VAT and usually other taxes as well, such as financial transaction taxes). Rush Limbaugh supports Trump’s tax-cuts-for-the rich ideas. See…
…by taxing investment income: An introduction to mark-to-market taxation” (Sept 11, 2019). The key to MTM taxation is that a tax is assessed annually on investments, whether or not they…
…Greg Leiserson discussed the idea of mark-to-market taxation (an idea that Ron Wyden has endorsed), in “Taxing wealth by taxing investment income: An introduction to mark-to-market taxation” (Sept 11, 2019). …
…in a poor performance… unless one is also a tax cutting President. In fact, tax cutting Presidents that followed other tax cutting Presidents did worse than tax cutting Presidents who…
…probably much less so than proponents of repeal would have us believe. Any tax discourages what is taxed, so labor taxes discourage labor and taxes on capital income discourage savings….
…Detail is found here: “The Corporate-Tax-10“ More: Corporate-Tax-10.pdf The main tax goal of the “Corporate Tax 10” in 2025 is to stop the corporate rate from being raised from its…