The rich continue to pay fewer taxes, and get more services (Credit: Yuri_Arcurs via iStock) When all forms of taxes and income are considered, poor Americans pay higher tax rates than the richest 1%. The analysis starts with state and local taxes, which are often ignored by apologists for big-income tax cuts. According to the Institute on Taxation and Economic Policy, the state and local tax rate for the poorest 20 percent of individuals is double that of the top 1 percent (10.9 percent vs.

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BING NEWS:
  • Mallikarjun Kharge Writes To PM Modi, Seeks To Explain 'Nyay Patra' In Person
    Congress President Mallikarjun Kharge wrote to Prime Minister Narendra Modi on Thursday, claiming the latter has been misi ...
    04/25/2024 - 8:19 am | View Link
  • Opinion: It’s time to properly fund education
    Susan McKevitt lives in Bradford. On April 11, the New York Times ran an article entitled: “It’s Time to End the Quiet Cruelty of Property Taxes.” Like many towns, Bradford recently had its town ...
    04/25/2024 - 6:07 am | View Link
  • He owes thousands in taxes. He’s got a controversial past. Why is Steve Garvey running for Senate?
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    04/23/2024 - 12:30 am | View Link
  • Farm finances and taxes
    While many people comment on Tax Day, April 15, Jackie Mundt writes that farmers have many other factors to consider.
    04/19/2024 - 12:23 am | View Link
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    Both of Biden’s signature domestic achievements, the CHIPS Act and the Inflation Reduction Act, spend trillions of dollars not through government appropriations but through the tax code. The IRA alone ...
    04/18/2024 - 4:09 am | View Link
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  • Trump’s Happy Birthday Message for Melania Is a Gift for His Haters
    Mother Jones, Friday - 04/26/2024 - 02:53 PM

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  • Trump Advisors Design Plan For Trump To Control Federal Reserve
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  • Jamie Raskin: Move Supreme Court Over To RNC Headquarters
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    Jamie Raskin hilariously suggested that the RNC headquarters could host the Supreme Court after wingnut justices appeared open to recognizing some form of presidential immunity yesterday. Via HuffPost: Host Joy Reid, who noted that Trump’s federal election interference case could be remanded back to the D. C. Circuit Court of Appeals and thus further delay the trial past Election Day, called the Supreme Court majority “so clearly politicians” before looping in Raskin. “Well, they’re politicians who are not even subject to popular election unlike me.

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