According to the New York Times, the Tax Policy Center claims that under the 2012 Taxpayer Relief Act, the increase of the top two marginal income tax rates, for those earning $400,000 or more, makes the tax code the most progressive since 1979 (progressive means that as income increases, the buy sildenafil tax rate per [...]
It’s less than four days away from the fiscal cliff. But unlike the recent Mayan prophecy, the cliff will really happen. Tax cuts will expire and discretionary spending will be cut automatically. And of course, we will reach the debt c cheap generic priligy eiling sooner rather than later. There are many obvious things wrong [...]
Before closing shop, Washington politicians promised they would get around to working out America’s tax situation when they returned from their campaigns. According to Donald Luskin of Trend Macrolytics LLC, the straits couldn’t be more dire: just yesterday The Wall Street Journal put forward his predictions (See “The Trade and Tax Doomsday Clocks,”) Luskin seems to think [...]
There are plenty of things I could write about from the department of “Congress Behaving Badly,” but recent news about the reluctance of Congress to vote on extending the Bush tax cuts takes the cake. (See numerous articles, including “Voting on Bush Tax Cuts Divides Democrats in Congress before Election Day,” and “Senate Will Not [...]