In addition to the federal estate tax of 40 percent (which is fourth highest in the OECD), many U.S. states levy their own estate and inheritance taxes. Estate taxes are charged against the estate regardless of who...
- What Do Corporate Income Taxes Cost American Families?
What Do Corporate Income Taxes Cost American Families?
This article explains that every American pays business taxes regardless of whether he or she owns a business. In fact, in 2007 the average household shouldered a corporate tax burden of $3,190.
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