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Your Fair Share of Taxes

https://www.capitalismmagazine.com/2019/04/your-fair-share-of-taxes/
See More From: capitalismmagazine.com

Apr 14, 2019 7:11 PM 1+ week ago

Suddenly, 70 percent tax rates are a progressive plan, although Rep. Ilhan Omar added, "We've had it as high as 90 percent."

That was the top tax rate when I was a kid, and today, many Democrats say if we'd just raise rates on rich people, government would have plenty of money to pay for our wonderful programs.

But it's a myth. What progressives don't say, perhaps because they don't know it, is what economic historian Dr. Phillip Magness explains in my new video: "No one actually paid anywhere close to those rates."

For more than a decade, Magness has researched old taxes.

He discovered that America's 90 percent tax bracket didn't bring in much extra money. That's because rich people found loopholes.

Then, because of that, and because the high tax rates discouraged work, President Kennedy backed a bill that lowered the ...

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Why The Supreme Court s Ruling About Online Taxes Is Sensible And Fair

thefederalist.com     9+ mon ago

June 26, 2018 The Supreme Court handed down a 5-4 decision Thursday authored by Justice Anthony Kennedy and joined by Justice Ruth Bader Ginsburg. That is the sort of sentence that strikes fear in the...

How High Are Cigarette Taxes in Your State?

fee.org     4+ day ago

Sin taxes may make the government some extra spending cash, but they end up harming the very Americans they're meant to help. In 1791, the United States implemented the first "sin tax"--a levy on dom...

Your Taxes (Once Again) Are Underwriting Bad Mortgage Loans

fee.org     3+ mon ago

The Federal Housing Finance Agency doubled down on failure by ratcheting up federal affordable housing mandates for Fannie and Freddie after the 2008 financial crisis. Economics Housing Crisis Subpri...

State Your Case: A Fair Comparison of 9mm vs. .40 Smith & Wesson

thetruthaboutguns.com     5+ mon ago

Today on State Your Case we re taking a look at two of the most hotly debated and widely carried cartridges of our day and putting them head-to-head: the 9mm and .40 S&W. The only ...

How Much Per Person Does Your State Collect in Excise Taxes?

fee.org     1+ week ago

How Much Per Person Does Your State Collect in Excise Taxes? When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that...

In Germany, the State Can Seize Your Dog if You're Late on Taxes

fee.org     1+ mon ago

In Germany, the State Can Seize Your Dog if You're Late on Taxes Bloomberg recently ran an article detailing how difficult high-tax states in the US can make it on wealthier individuals trying to lea...

'Green' Another Way of Saying New Taxes...

dailycaller.com     4+ mon ago

As they assume control of the House, Democrats are pushing a carbon tax as part of a "Green New Deal." A carbon tax means new hard power for the federal government. It means more taxpayer money flowin...

Bernie accuses DISNEY of dodging fair pay...

theguardian.com     7+ mon ago

Senator Bernie Sanders has criticized Disney for what he describes as the company s failure to pay workers living wages. Photograph: Rogelio V. Solis/AP ...

Feds Collect Record Taxes...

Feds Collect Record Taxes...

cnsnews.com     4+ mon ago

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Warren: Amazon should pay fair share in taxes

Warren: Amazon should pay fair share in taxes

msnbc.com     1+ week ago

The Democratic presidential candidate has a plan to levy a 7% tax on corporate profits over $100 million -- and she says it's loophole-proof.April 12, 2019 Mueller indictment bust...

What is your 'fair share'?

wnd.com     1+ mon ago

John Stossel is a longtime award-winning broadcast journalist who hosts "Stossel" on the Fox Business Network. His newest book is "No, They Can't: Why Government Fails, but Individuals Succeed." To fi...

Corporations in EU Not Paying Fair Share in Taxes

Corporations in EU Not Paying Fair Share in Taxes

sputniknews.com     2+ mon ago

BRUSSELS (Sputnik) - A recent report by the group of the Greens in the European Parliament has shown that multinational corporations continue to exploit "creative" tax optimization...

Your Fair Share: How Do we Determine This?

freerepublic.com     1+ mon ago

Suddenly, 70 percent tax rates are a progressive plan, although Rep. Ilhan Omar added, "We've had it as high as 90 percent." That was the top tax rate when I was a kid, and today, many Democrats say ...

Share Your Love Of Rumson-Fair Haven: Become A Patch Mayor

patch.com     7+ mon ago

Share Your Love Of Rumson-Fair Haven: Become A Patch Mayor Being a Patch Mayor will get you more involved with the community and help keep people informed on local happ...

SOCIALISM USA! Sen. Warren Says    Tippy Top    of Americans Should Pay    Fair Share    in Taxes

SOCIALISM USA! Sen. Warren Says Tippy Top of Americans Should Pay Fair Share in Taxes

hannity.com     1+ mon ago

Firebrand Senator Elizabeth Warren doubled-down her all-out attack on wealthy Americans Monday afternoon; saying the "tippy top" of high-income earners should pay their "fair share...

Progressives dont really understand your fair share

Progressives don't really understand 'your fair share'

njherald.com     1+ mon ago

Suddenly, 70 percent tax rates are a progressive plan, although Rep. Ilhan Omar added, "We've had it as high as 90 percent." That was the top tax rate when I was a kid, and today,...

To Rich & Left Wing: Please Dont Pay Your Fair Share

To Rich & Left Wing: Please Don't Pay Your 'Fair Share'

realclearmarkets.com     1+ week ago

The left-leaning rich frequently complain that they don't pay enough in the way of taxes. To right the alleged wrong they claim they'll vote for politicians who will legislate high...

?Fair Medicaid compensation?: Worth higher taxes?

seattletimes.com     7+ mon ago

I trust Op-Ed author Jennifer Lawrence Hanscom and the powerful membership of the Washington State Medical Association she leads will be down in Olympia in force in January to suppor...

Are taxes fair in North Carolina?

robesonian.com     7+ mon ago

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Are taxes fair in North Carolina?

laurinburgexchange.com     7+ mon ago

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Illinois gubernatorial candidate J.B. Pritzker, 'pay your fair share on the road'

kmov.com     7+ mon ago

ILLINOIS (KMOV.COM) - In an interview, Democratic gubernatorial candidate J.B. Pritzker alluded to his support of a per-mile driving tax. ...

Oklahoma City has fair share of homeless students

newsok.com     7+ mon ago

Oklahoma City has fair share of homeless students By Mary M lon The Foundation for Oklahoma City Public Schools Published: ...

YOUR TAXES: Reporting your confessions

jpost.com     3+ mon ago

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Manila seen attracting fair share of climate-related investments

business.inquirer.net     4+ mon ago

In most East Asia Pacific countries, cities account for 80 percent of gross domestic product (GDP). Economic opportunities in these places attract more people, and in 3...

LYNN ASHBY: Texas produces a fair share of stars

thefacts.com     9+ mon ago

So were Debbie Reynolds (El Paso), Joan Crawford (San Antonio) and Tommy Lee Jones (San Saba). Actually, the entertainment industry is filled with Texans: Carol Burnett (San Antonio), Cyd Charisse (bo...

Billionaires Already Gave Their Fair Share

Billionaires Already Gave Their Fair Share

mises.org     2+ mon ago

It is becoming increasingly fashionable to agitate against the very existence of billionaires. Recently, for instance, Business Insider summarized a statement of Congresswoman Alex...

World's Fair Share 'New Lows' Album

xxlmag.com     9+ mon ago

At long last World's Fair share a brand-new LP. Titled New Lows, the latest project from the New York City collective, which lists Remy Banks, Jeff Donna, Lansky Jones, Cody B. Ware, Prince SAM...

Billionaires Already Gave Their Fair Share

infowars.com     2+ mon ago

Billionaires Already Gave Their Fair Share The future of western civilization depends on the socio-economic framework of capitalism and free markets Mises.org - Febr...

Williams' Fair Value Is $37/Share

seekingalpha.com     8+ mon ago

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Billionaires Already Gave Their "Fair Share"

zerohedge.com     2+ mon ago

It is becoming increasingly fashionable to agitate against the very existence of billionaires. Recently, for instance, Business Insidersummarized a statement of Congresswoman Alexandria Ocasio-Cortez ...

Your taxes: Faster flips

jpost.com     6+ mon ago

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Sanders: Wealthy People, Including Me, Should Start Paying Their Fair Share

Sanders: Wealthy People, Including Me, 'Should Start Paying Their Fair Share'

breitbart.com     5+ day ago

Sanders: Wealthy People, Including Me, `Should Start Paying Their Fair Share' - `I Pay the Taxes That I Owe' During a town hall on the Fox News Channel on Monday, Democratic presi...

Your Illinois News Radar Calculate your 'fair share' under a progressive income tax

capitolfax.com     1+ mon ago

In his Feb. 20 budget address, Gov. Pritzker pointed to Iowa and Wisconsin's progressive income tax rates as models for a progressive income tax hike in Illinois. While Pritzker has said his progress...

Share your photos

bbc.co.uk     10+ mon ago

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