MicroGroks
There’s a bill Rep. Thomas Massie has sponsored the “Senior Citizens Tax Elimination Act”. Backers of the bill point out Social Security benefits used to be exempt from federal taxes. They are a government benefit. What sense does it make to give it with one hand and take it away with the other? Was it …
From the Wall Street Journal: “This all-too-conveniently confuses the incidence of a tax with the burden of a tax. The marginal tax rate on every additional dollar of capital gains and dividend income from corporate profits can reach as high as 44.75% at the federal level (assuming a company pays the 35% top corporate rate), …
Data Point – Once again, “who pays the taxes”? Where’s the Press on this? Read More »
