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Single-Rate “Flat” Income Taxes A flat tax, where a single rate is applied to all taxable income, is an appealing income tax structure due to its simplicity, transparency, neutrali...
The Economist: “Democrats and Republicans alike seem to be concluding that swathes of Americans should pay almost no income tax at all. To fund the state, many on the left would sq...
The United States has the most progressive income-tax system in the developed world.
Writing at The Washington Examiner, Anne Rathbone Bradley of the Fund for American Studies ably summarizes America's history with tariffs, as well as the numerous problems Trump's...
As with regulation, some people are opposed to taxes. Other people are fine with taxes—usually with imposing taxes on others. In general, though, people prefer to not pay taxes. As...
Forget complex schemes. There is an easier way to get revenue from the wealthy.
(By Stefani Buhajla/Daily Signal) – Historically, tax season has never been easy for working Americans. It’s typically marked by days or weeks spent digging through stacks of recei...
The FairTax Act of 2025 would scrap the IRS entirely and replace it with a 23% national sales tax — and with tariffs already acting as a hidden consumption tax on imports, the push...
The global experience is clear: cutting VAT without fixing compliance and administration weakens revenues without delivering proportional economic benefit
The global experience is clear: cutting VAT without fixing compliance and administration weakens revenues without delivering proportional economic benefit
Why not just breathe a sigh of relief once you have submitted the return? Lets be positive. Having wrestled this week with the capital gains section which was doing some fairly “in...
Fragmented taxation structure functions like internal customs barriers
In the US, April 15 is when annual income taxes are due. For the last several weeks, I have been seeing advertising for tax prep and filing services from various providers. Of cour...
New IRS data shows the US federal income tax system continues to be progressive as high-income taxpayers pay the highest average income tax rates. Average tax rates for all income...
And as wealth inequality has reached Robber Baron levels
We need a 5% wealth tax on America's 938 billionaires. Over a ten-year period, this bill would raise much-needed $4.4tn for public coffers
Newly released HMRC figures showed the number of additional rate taxpayers rose 56.8% or 324,000 in the 2022 to 2023 and 2023 to 2024 tax years.
Historically, tax season has never been easy for working Americans. It’s typically marked by days or weeks spent digging through stacks of receipts, invoices, 1099s,... Read More T...
Celia0703: I’m not sure what you mean by choosing your tax rate. I mean you have the choice of paying a flat rate 12.8% tax on interest or having it added to the regular income...
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