Field Proposes 50 per Cent Tax for the RichColin Brown Chief Political Correspondent
The ideal tax rate for the richest 1% of Americans is about 75% — more than twice the current rates, according to the economist advising Sen. Elizabeth Warren on her tax plans.
000 to $200,000 annually), with brackets like 12% rising to 15% and 22% to 25% if not extended, benefiting the middle class the most in percentage terms, contrary to claims of "tax cuts for the rich."
By Nancy Raiden Titus Journal Record Staff Reporter Individuals with higher incomes have a greater chance of hearing that dreaded five-letter word _ audit _ applied to their income tax return, according to a former deputy commissioner for the Internal Revenue Service.Titus, Nancy Raiden...
Nickalus: Tax Break for the Rich Fails Efficiency and Fairness Tests; Obama Wants to End the Capital Gains Step-Up at Death, but a GOP Congress Is Unlikely... Nickalus: Tax Break for the Rich Fails Efficiency and Fairness Tests; Obama Wants to End the Capital Gains Step-Up at Death, ...
| 大概一个月之前"trump要给富人加税"的消息陆陆续续,的确,trump虽然三周前前明确反对了这个想法链接,但一周前他又发出了mixed signal——Trump said that he would “graciously accept” a “‘TINY’ tax increase(37 \to 39.6) for the RICH”。但这是"trump要给富人加税"了?(btw更直接地看gop发布...
In writing the Tax Reform Act of 1986, Congress devoted a lot of time to closing loopholes for the rich. One that was given particularly harsh treatment was the “generation-skipping transfer,” a once-common device by which wealthy people shifted assets to their grandchildren, thereby cutting ...
Even households that pay no federal income tax because of low earnings hand over a percentage similar to that of wealthier households, because of these other taxes. The super-rich’s low tax rates of today are in part aided by the collapse of federal corporate taxation. In the 1950s, 5 ...
the ultra-rich. That’s remarkable not only because Republicans already tried and failed to mess with Obamacare. But it’s the call for a further rate cut that’s truly incredible: In asking for the top tax rate to come down to 35 percent—it’s currently at 39.6 percent, with th...
Paying for these tax breaks for the rich like Trump are the seemingly forgotten losers. Trump’s sketchy tax plan has several categories for them: Single-parent households.While loudly trumpeting the doubling of the standard deduction, the Trump plan would not be kind tosingle parents. It would...