top 1%

: TaxVox

Effective Income Tax Rates Have Fallen For The Top One Percent Since World War II

For the individual income tax, effective tax rates — measured as federal income tax divided by adjusted gross income (AGI) —have fallen significantly over the...

January 6, 2020Robert McClelland Nikhita Airi

Individual Taxes: TaxVox

"Let Me Tell You About The Very Rich. They Are Different From You And Me.”

F. Scott Fitzgerald wasn’t talking about the way they make their money, or the taxes they pay, but he could have been. According to a...

March 18, 2019Philip Stallworth

: TaxVox

About Rep. Ocasio-Cortez’s 70 Percent Tax Rates

It sure didn’t take long. The 116 th Congress hadn’t been in session for a week when we were hit with the very first round...

January 8, 2019Howard Gleckman

Campaigns, Proposals, and Reforms: TaxVox

Clinton’s tax hikes on the "1 percent"

The Democratic Party’s presumptive nominee for president, Hillary Clinton, has proposed a series of tax changes that would raise $1.1 trillion in revenue over the...

July 25, 2016Richard C. Auxier

Campaigns, Proposals, and Reforms: TaxVox

If You Have High Income, Your Taxes Are Going Up

As the April 15 deadline for filing 2013 income taxes nears, most of us are finding that Uncle Sam will take about the same share of our income as last year. But the story is very different for people at the top of the income ladder. Their taxes are going up, in many cases by a lot. Last year, the

April 8, 2014Roberton C. Williams