Taxes played a central role in last night’s presidential debate, as Hillary Clinton and Donald Trump presented contrasting visions for U.S. economic policy. The candidates mentioned taxes over 40 times throughout the...
- Scott Hodge Discusses Raising Taxes on High Earners
Scott Hodge Discusses Raising Taxes on High Earners
Key Findings Republican presidential candidate Donald Trump’s tax plan would significantly reduce income taxes and corporate taxes, and eliminate the estate tax. According to the Tax Foundation’s Taxes and Growth Model, the plan...
Key Findings Average wage earners in the United States face two major taxes: the individual income tax and the payroll tax (levied on both the employee and the employer). Although a little more than half of a U.S. worker’s payroll tax...
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