October 9, 2012
Each year when I complete my federal income tax return, Turbotax tells me my average tax rate—how much tax I owe measured as a percentage...
October 4, 2012
The breathlessly-hyped debate between President Obama and Governor Romney left me with an empty feeling. There were many words--oh, there were words-- but even the...
October 3, 2012
The fiscal cliff is big (more than $500 billion in scheduled tax increases in 2013) and complicated (involving literally dozens of tax provisions, not just...
October 2, 2012
This afternoon, I moderated an Urban Institute panel on taxes and the fiscal cliff. The fundamental question on the table: Will Congress have to tumble...
October 1, 2012
If Congressional gridlock sends the U.S. government tumbling over the fiscal cliff later this year, Americans could face an average tax hike of almost $3,500...
September 27, 2012
Let’s say you are truly offended that 47 percent of Americans don’t pay income tax. Just complaining won't fix the problem. All those freeloaders are...
September 25, 2012
Yesterday, Kevin Hassett, an American Enterprise Institute economist and informal adviser to Mitt Romney, insisted that Romney would not raise taxes on low- and middle-income...
September 19, 2012
About that 47 percent: Let me introduce you to Andrea. When I met her a couple of years ago, she was a home health aide...
September 18, 2012
The percentage of Americans who don’t pay income tax is making headlines again. However, the story hasn’t changed since I blogged about it last year...
September 14, 2012
If only Mitt Romney had paid attention to Ronald Reagan. There are so many things the former Massachusetts governor could learn from the former California...