Why Consumption Taxes (VATs) are Insanely Regressive
…tax, for instance (compared to richer people), than with an income tax, much less a wealth tax. Why would full-throated progressive Socks support and embrace that? When I ask, I…
…tax, for instance (compared to richer people), than with an income tax, much less a wealth tax. Why would full-throated progressive Socks support and embrace that? When I ask, I…
…subsidize long hours by creating a zero-tax bracket for extra hours. In addition to encouraging tax gaming (remember, no one polices tax fraud anymore), this will mean employers can require…
…ACA Tax Credits Lapse?” MedCity News About 22 million Americans would face sharply higher healthcare costs if enhanced ACA tax credits expire at the end of the year. Experts warn…
…to allow ACA tax credits to be used for STLDs, which–if this is the case–would basically undermine the ACA market. The whole rationale for the tax credits in the first place is that…
…the decrease in corporate taxes over the last few decades. In the major rewrite to the tax code achieved in 1986, Congress legislatively undid the result of General Utilities, a…
…tax cuts) leads to economic growth that automatically results in revenue increases even without tax changes intended to raise more tax monies. As Tiron and Rubin note in the Bloomberg…
by Linda Beale Common Cause Claims ALEC Violated Tax Exempt Lobbying Restrictions The Common Cause organization filed a complaint with the IRS under 26 USC 7623, the tax whistleblower act,…
…I’m privileged to represent noticed any difference in their pay check. And so, if the tax cuts were to go away, and we go back to the tax rates of…
…has to determine eligibility of numerous organizations for the various “tax-exempt” categories Congress has created. It has to track information received from the myriad tax-reporting provisions. It has to ferret…
…(more progressive and higher rates) corporate tax to ensure the rules have some bite: 1) our tax rules should discourage companies from ripping off workers to overreward managers and owners….