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Tax Burden

Taxing Carbon Is Like Taxing Diamonds

Mary Manning Cleveland | Posted 11.23.2013 | Business
Mary Manning Cleveland

Imagine that we impose a sales tax on diamonds. Would we worry about the burden on middle-class purchasers of one-fourth-caret engagement rings? What about the part of the tax "passed back" onto the DeBeers Group?

The 1 Move That Would Suddenly Pull 300,000 Workers Out Of Poverty

The Huffington Post | Posted 07.17.2013 | Business

Legislation introduced in both the Senate and the House of Representatives could pull hundreds of thousands of the country's working poor out of pover...

REVEALED: Huge Drop In Amount Of Profits Corporations Pay In Taxes | Posted 05.27.2013 | Business

Procter & Gamble, the Cincinnati-based company behind Pampers diapers and Tide detergent, reported a federal tax burden in 1969 that was 40 percent of...

WATCH: Man Pays $14,000 Tax Bill With Spare Change

The Huffington Post | Ron Dicker | Posted 01.18.2013 | Business

Aided by his grandkids' piggy banks, Larry Gasper paid his property taxes in spare change. All $14,000 worth. Gasper, of Redding, Calif., settled u...

States Where People Pay The Highest Taxes

The Huffington Post | Catherine New | Posted 10.23.2012 | Money

If you want to hide from the taxman and don't mind six-month-long winters, you may want to move to Alaska. Alaskans pay just 7 percent of their in...

Your Paycheck Will Likely Be Much Smaller Next Year

The Huffington Post | Catherine New | Posted 10.01.2012 | Money

Your paycheck is about to take a dive. The culprit: Payroll tax relief is set expire at the end of the year and Congress is unlikely to extend it, The...

Think You Paid A Lot In Taxes? At Least You Don't Live Here

The Huffington Post | Khadeeja Safdar | Posted 04.27.2012 | Money

Do you cringe every payday when you see a large chunk of your hard-earned cash deducted for social security and income taxes? If so, take comfort ...

Shifting Tax Burden to Lower Classes Is Immoral

The Daily Iowan | Posted 05.08.2012 | College
The Daily Iowan

Counter to the contention of conservatives, tax cuts do not prevent immoral cost shifting. If anything, tax cuts increase that risk.

Where People Pay The Least In Taxes

24/7 Wall St. | Charles B. Stockdale, Michael B. Sauter, Douglas A. McIntyre | Posted 09.24.2011 | Business

From 24/7 Wall St.: Different states tax their residences at different levels. In some states, like New Jersey, residents pay 12.2% as a percentage of...

Independence Day, The Declaration Of Independence And Understanding American History

Mitchell Bard | Posted 09.02.2011 | Politics
Mitchell Bard

Whether it is Sarah Palin's butchering of Paul Revere's role in the American Revolution, or Michele Bachmann's mangling of the facts to claim the Founding Fathers tried to abolish slavery, the Tea Party has shown a disdain for knowledge, facts and learning.

What the Lame Ducks Really Did

Dennis Jett | Posted 05.25.2011 | Politics
Dennis Jett

The recent lame duck Congress affected the course of history by ensuring two future events will occur -- the reelection of President Obama and the decline of the United States as a serious world power.

Sam Stein

Tax Day Fact Check: Most Americans Got A Tax Cut This Year | Sam Stein | Posted 05.25.2011 | Politics

On Thursday, a wave of protesters, upset with overly-burdensome taxation by the federal government, are descending on the nation's capital to express ...