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Was Buffett Right? Do Workers Pay More Tax than Their Bosses?
When Warren Buffett called for higher taxes on the wealthy in a New York Times op-ed last week, the billionaire investor argued that he and wealthy people like him face lower federal rates than the...
View ArticleReduce Tax Rates on Low-Income Families by Extending Tax Phase-Outs
An ominous announcement for a House Ways & Means Committee joint hearing on “how welfare and tax benefits can discourage work” seemed a set-up to attack programs like the Earned Income Tax Credit...
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Marginal Tax Rates Matter More than Average Tax Rates
Each year when I complete my federal income tax return, Turbotax tells me my average tax rate—how much tax I owe measured as a percentage of my total income. But it would be better if I learned my...
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