One of the worst aspects of the federal tax code is the way it treats saving. Under ordinary circumstances, saving is treated to double taxation at the individual level, reducing after-tax returns to saving and...
Scott Hodge on the Debt Ceiling, Deficit Spending and Federal Taxes
Tax Foundation President Scott Hodge discusses the current negotiations between Congress and the White House over the debt ceiling and the federal budget process. He also answers caller questions on the burden of the federal income tax and whether U.S. corporations and high-income households are paying their "fair share" of taxes.
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