…taxes are raised in other countries: the proportion of taxes raised through consumption taxes and income taxes, the VAT rates, and the maximum marginal tax rate on income. Sources: The…

…the tax cuts. The following picture compares actual and forecast tax revenues given the Bush tax cuts with what revenues would have been without the tax cuts. The heavy red…

…new “study” on “Tax Complexity 2016: The Increasing Compliance Burdens of the Tax Code“. It repeats the garbage about 6.1 billion hours “complying with the tax code”. Of course, anytime…

…their lifetime tax liability. II Future tax increases will and won’t follow temporary tax cuts. The point of this post (if any) is that advocates of tax cuts switch Ricardo…

…such a huge tax cut for the already wealthy? 1) The tax cut will pay for itself. This is trickle-down gobbledy-gook. The vast majority of economists and tax experts are…

…sales tax at all; these include, Alaska, Delaware, Montana, New Hampshire and Oregon. For the states that tax digital products, the tax rate varies from 1% to 7%, depending upon…

…and capital gains, all of which enjoy an extraordinarily favorable preferential tax rate under the Bush tax cuts, or how much of Romney’s income is outright excluded under generous tax…

…While some economists believe we shouldn’t tax corporations at all, the corporate income tax (CIT) is a necessary backstop to the personal income tax (PIT). With no CIT or a…

…ensuring higher-income people taking large deductions and other tax breaks pay a minimum tax. Doubling the estate tax exemption. Doubles the amount the wealthiest households can pass on tax-free to…

…referenced above. Their overall marginal rate is made up of not just federal tax rates, but also social security tax rates, and even estimates of the state tax rates. It…