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Income Tax Rates

Ben Walsh

Economists Say We Should Tax The Rich At 90 Percent

HuffingtonPost.com | Ben Walsh | Posted 10.22.2014 | Business

America has been doing income taxes wrong for more than 50 years. All Americans, including the rich, would be better off if top tax rates went back to Eisenhower-era levels when the top federal income tax rate was 91 percent, a new paper concludes.

How Are The Rich Getting Richer? The More They Make, The Lower Income Tax Rates They Pay

Ian Reifowitz | Posted 01.23.2014 | Money
Ian Reifowitz

How about the top 1 percent overall, people with AGI's over $344,000? They paid an average of just over 24 percent. And the top 0.1 percent? Those with AGI's over $1.4 million? They paid 24 percent. Fascinating. The rate dropped the higher you went into the top 1 percent.

Dem Governor Proposes Higher Tax Rate For Wealthy

Reuters | Posted 03.24.2013 | Politics

MINNEAPOLIS, Jan 22 (Reuters) - Minnesota would overhaul its state tax system under a $37.9 billion two-year general fund budget that Governor Mark ...

FIve Ways Congress Just Threw Your Money Over The Cliff

The Huffington Post | Catherine New | Posted 01.23.2014 | Business

As it has become clear that Congress will not vote on a deal in "fiscal cliff" negotiations by Monday's deadline, the automatic tax hikes and spending...

The Flat-Tax Fraud, and the Necessity of a Truly Progressive Tax

Robert Reich | Posted 12.22.2011 | Politics
Robert Reich

Simple fairness requires three things: More tax brackets at the top, higher rates in each bracket, and the treatment of all sources of income (capital gains included) exactly the same.

Tyler Kingkade

CHART: How Wide Is The Wealth Gap?

HuffingtonPost.com | Tyler Kingkade | Posted 11.09.2011 | Politics

WASHINGTON -- Listening to Republicans on the campaign trail or the House floor, one might think the quickest way to eliminate the deficit is to make ...