The United States places a relatively high burden on long-term capital gains income (gains on assets held for more than one year). The top federal tax rate is 20 percent. In addition, taxpayers with AGI over $200,000 ($...
- Scott Drenkard on ABC TV 24: Sales Taxes in Tennessee
Scott Drenkard on ABC TV 24: Sales Taxes in Tennessee
February 15, 2012
Regarding Sarah Kliff’s Jan. 11 Wonkblog excerpt, “An excise tax the U.S. could swallow”: A lot of the data circulating recently on the effectiveness of a national soda tax is tied up in faulty assumptions. Ms. Kliff cited a...
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