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Taxation


The Biggest Tax Cut of All

January 9, 2012 /

by Salvatore Babones


Between the 1950s and the 2000s marginal taxes on the wealthiest Americans have fallen from 90% to 35%. As late as 1982 the top marginal tax rate was still 50%,...

Make the Payroll Tax Cut Permanent

December 20, 2011 /

by Salvatore Babones


A basic principle of modern tax theory is that rich people should pay more as a percent of their income than poor people.  The more income you have, the less...

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