How haute is too haute? The French government’s official position is that the new tax rate of 75% on incomes over one million euros is not likely to stymie growth or cause an exodus of the productive. Why, according to “Thomas … Continue reading
Category Archives: Tax Policy
One the main reasons I set up this blog is to try to do my little part to clear up misperceptions about taxes spawned by mainstream reporting on the topic. To paraphrase Lady Thatcher, the facts of taxes are conservative. … Continue reading
In a recent op-ed in the Washington Examiner Professor Randy Barnett posits that the Obamacare decision does not in fact give Congress “a green light to impose economic mandates under its taxing power.” Well all righty then. I guess as long as … Continue reading
I yield to one in my belief that the effective combined federal, state and local tax rate on Americans is shockingly higher than commonly believed, but even I think that an estimated 75% rate for the middle class is a little … Continue reading
Amazingly enough some of these levies will in fact impact people making less than $250K per year.