What’s the proper way to tax personal saving and investment? It’s a great question, and under current tax law, we have lots of different answers! Specifically, we have four of them, which I’ll get to in a moment. But...
- Record High Progressivity of Federal Income Taxes
Record High Progressivity of Federal Income Taxes
Key Findings Marijuana tax collections in Colorado and Washington have exceeded initial estimates. A mature marijuana industry could generate up to $28 billion in tax revenues for federal, state, and local governments, including $7 billion in...
Key Findings The combined top federal tax rate on equity-financed corporate income in the United States is 50.47 percent, compared to a top federal tax rate of 43.4 percent on other business income. Equity-financed corporate income is subject...
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