The ill effects of taxation -- the "distortions" -- depend on the total, marginal rate including transfers. If I earn an extra dollar, how much more stuff do I get, or how much more of someone else's services can I receive? That calculation has to including all taxes, federal, payroll, state, local, sales, excise, etc. and phaseouts.
full articleIn the wake of the housing market's 2008 meltdown, housing remains a popular investment. This...
Companies are acting to beat the clock on higher dividend taxes for their shareholders by...
Instead of phase-outs for existing deductions above certain income thresholds that raise marginal...
The cost of college textbooks has been rising at almost twice the rate of general CPI inflation...