Tag Archives: taxes
One year ago, we were hearing a lot about the “47 percent,” the percentage of Americans Mitt Romney said were not paying any federal income taxes. Now, Utah Sen. Mike Lee is pushing a plan to add a federal child … Continue reading
The United States has the most progressive income tax system in the industrialized world, and the wealthiest 10 percent here pay a greater share of the tax burden than do the wealthiest 10 percent in other nations that are members … Continue reading
Think you’re done working for “the man.” Oh no, my friend. You’ve got at least another week or two, depending on where you live. Tax Freedom Day this year is April 18 nationwide. That’s the day when the average American … Continue reading
On Second Thought is a weekly feature that takes a lighthearted look at current events. Casual observers may wonder whether Americans are being redundant by designating a specific month for madness. First it was “fiscal cliff January,” then “sequestration February” … Continue reading
Ever wondered how your state ranks in terms of taxes collected and owed? The Tax Foundation, a nonpartisan, nonprofit Washington-based organization, has released a booklet that breaks it all down. (Access the booklet by clicking here.) Because this blog is … Continue reading
When I was in junior high — way back in the days when I could get only three network stations through my rabbit-ear antennae and a-twitter was the way I felt when the little girl down the street said hi … Continue reading
I’ve learned through experience that people tend not to believe me when I tell them they pay more in sales taxes each year than they do in property tax. That’s true in Utah. It’s true in a lot of states, … Continue reading
Do nearly half of all Americans have no skin in the game when it comes to taxes? As with all things political in an election, there are shades of the truth. Nearly half do not pay any income tax. They … Continue reading
So what is it, a penalty or a tax? For many Americans, that’s a stupid question. “Tax” and “penalty” have become synonymous. Chief Justice John Roberts and the Supremes might as well be singing about whether to pronounce neither or … Continue reading
Here’s a shock – Republicans and Democrats have agreed to extend the temporary payroll tax cut until the end of the year. And in other news, apple pie will retain its status next to motherhood. In politics, it’s all about … Continue reading
