- Could tax increases alone close the long|run fiscal gap?🔍
- If a Wealth Tax is Such a Good Idea🔍
- How four decades of tax cuts fueled inequality🔍
- American Billionaires🔍
- How much tax do the rich really pay? Evidence from the UK🔍
- Kamala Harris's 'unrealized gains tax' — so dumb it's truly historic🔍
- A wealth tax for the UK🔍
- Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio🔍
Tax the Rich? We Did That Once
Could tax increases alone close the long-run fiscal gap?
To stabilize the debt ratio at today's level, we would need to either raise taxes or lower non-interest spending by 2.2% of GDP. This is eminently doable ...
No, the Richest One Percent Don't Pay 40 Percent of Taxes.
Republicans frequently say the richest one percent of Americans pay 40 percent of all federal income taxes. But this omits other federal ...
If a Wealth Tax is Such a Good Idea, Why Did Europe Kill Theirs?
Warren calls the policy her "Ultra-Millionaire Tax." It would impose a 2% federal tax on every dollar of a person's net worth over $50 million ...
How four decades of tax cuts fueled inequality
But taxes have been a principal engine of worsening economic inequality simply because the wealthy, thanks to their success in Congress, now ...
American Billionaires, Millionaires Who Have Asked for a Wealth Tax
"We've updated our tax system before to keep up with changing times, and we need to do it again, starting with raising taxes on people like me," ...
How much tax do the rich really pay? Evidence from the UK
... income tax payers who did not file a tax return (as well as many who did file a return).6 By combining the data from tax returns and PAYE records, we obtain ...
Kamala Harris's 'unrealized gains tax' — so dumb it's truly historic
The best defense of this tax, intellectually, is that it falls on only the filthy rich, meaning that only a relatively modest number of people ...
This in itself is not a reason for a wealth tax – tax is a technical subject, and we believe that good ... Individuals would only be taxed once based on the ...
Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio
... wealthy, once again making the U.S. tax code significantly more regressive. ... Auerbach, “The U.S. Fiscal Problem: Where We Are, How We Got Here, ...
'You don't tax the rich': Trump's tax plan rejects 2016 vision
Eight years ago, Donald Trump said he supported raising taxes on the wealthy. In 2024, the Republican is no longer bothering with the pretense.
Assemblymember Alex Lee Pushes Ahead With Tax on Extreme ...
Since most people have to work to make a living, once they get paid, they're taxed. However, the ultra-wealthy do not need to live off of a ...
Trickle-Down Economics: Four Reasons Why It Just Doesn't Work
We've all heard the claims that cutting tax rates for the richest Americans will improve the standard of living for the working class. Supposedly, top-bracket ...
The real reason we want to raise taxes on the rich
As we said in last week's Closer Look, we don't think, as some do, that we need to raise taxes on the rich to raise revenue to “pay for” things ...
Do Billionaires Move to Avoid Wealth Taxes? What Does the ...
Like, instead of seeing a whole flock of millionaires fleeing a state, you might see one fly away. As the paper notes, “We find that millionaire tax flight ...
What Happens When You Tax the Rich? Evidence from Executive ...
18 The results also did not change if I used tax rates based on actual income but ... Once I allow for a transitory component, however, as in the levels ...
Negative income tax, explained | MIT Sloan
It turns out, the U.S. government did try to answer some of those questions. ... “The earned income tax credit is the closest thing we have to a ...
"Capital tax" redirects here. For taxes on investment income, see capital gains tax. For the tax formerly targeting wealthy minorities in Turkey, see Varlık ...
FACT SHEET: A Simpler, Fairer Tax Code That Responsibly Invests ...
Hundreds of billions of dollars escape capital gains taxation each year because of the “stepped-up” basis loophole that lets the wealthy pass ...
The Wealth Tax Is A Poor Idea - Hoover Institution
Now that the Republicans have taken control of the House of Representatives, it has become crystal clear that there will be no federal ...
The millionaires calling for higher taxes: 'I'm rich, tax me!' - Le Monde
It's a fact, confirmed once again by a report published on Monday, October 23, by the EU Tax Observatory: The very rich pay proportionately less ...