I used to get taxed on my allowance. Yeah, I've been taxed since I was a little kid. And at the end of the year I had to pick a charity to donate my taxes to.
Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.
Tea Partiers hate government more than they hate the national debt. They refuse to reduce that debt with tax increases, even with tax increases on the wealthy, because a tax increase doesn't reduce the size of government.
The estate tax punishes years of hard work and robs families of part of their heritage by imposing a huge penalty on inheritance after death - a tax on money that has already been taxed.
They say death and taxes are the only things that are inevitable. The truth is, you can not pay your taxes. I've done it, and there's consequences, but it can be done. Death you're not going to get out of, and you kind of got to deal with it.
Put simply, the rich pay a lot of taxes as a total percentage of taxes collected, but they don't pay a lot of taxes as a percentage of what they can afford to pay, or as a percentage of what the government needs to close the deficit gap.
The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life.
April is tax month. If you are having trouble filing your taxes, then you should hire an accountant. They'll give you the same advice that they've given hundreds of corporations - taxes are for douche bags.
'Green' cannot be allowed to become an excuse for stealth taxes. And nor should 'green taxes' be about punishment. Instead, they should represent a switch of emphasis. So if domestic flights are taxed, it should be on the absolute condition that the ...
Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on dividends and capital gains, and increase the child tax credit have been essential elements in this economic expansion.
One of the best aspects of health care reform is it starts to emphasize prevention.
I know reform is never easy. But I know reform is right.
I'm anti-tax, but I'm pro-carbon tax.
You don't pay taxes - they take taxes.
I absolutely advocate for comprehensive immigration reform.
The issue I highlight in the book is welfare reform.
It's not health care reform to dump more money into Medicaid.
It starts with campaign finance reform.
If I tax them, in fact, I'm not taxing the capitalists, I am taxing the people who have saved, trusted. It was very controversial, those sorts of things. But finally, it worked out.
While the wealthiest families completely benefit from the tax cuts targeted towards the upper brackets, middle-income families were hit with the unwelcome surprise of higher taxes on tax day.
As far as income tax payments go, sources vary in their accounts, but a range of studies find that immigrants pay between $90 billion and $140 billion in Federal, State, and local taxes.
