by Brian Garst | Jun 29, 2010 | Blogs, Taxation, VAT
The lazy politician looks at deficits and screams, “soak the rich!” But as CBO’s latest analysis of federal average tax rates shows, they are already paying a highly disproportionate share of taxes. The graphs above show that the highest earners are...
by Dan Mitchell | Jun 22, 2010 | Blogs, Taxation, VAT
I’ve frequently argued that the main purpose of “taxing the rich” is not to collect more revenue. Smart leftists, after all, understand that there are very strong Laffer Curve effects at the top of the income scale since investors and entrepreneurs have considerable...
by Dan Mitchell | Jun 19, 2010 | Big Government, Blogs, Europe, Taxation
CNBC is reporting that 51 German millionaires and billionaires have endorsed the idea of that rich people should have to give an extra 10 percent of their income to the government. I’m tempted to dismiss this story since (according to my rudimentary math skills)...
by Dan Mitchell | May 1, 2010 | Blogs, Taxation, Uncategorized
Obama imposed higher tax rates on the so-called rich as part of his government-run healthcare scheme, and he wants to punish success with additional tax rate increases at the end of this year. This excerpt from a New York Post column comments on how many people are...
by CF&P | Jun 15, 2009 | News, Press Releases
Center for Freedom and Prosperity Foundation For Immediate Release Monday, June 15, 2009 202-285-0244 www.freedomandprosperity.org New CF&P Video Makes the Case Against Class-Warfare Tax Policy (Washington, D.C. Monday, June 15, 2009) The Center for Freedom and...
