Tag archives: corporate taxes
Major Policy Issue No. 2: Taxes
This is the second analysis of policies proposed by our presidential candidates. No. 1 was about trade. This one is about taxes. Both candidates like to spend but have different ideas about how to raise revenues. Kamala Harris wants more revenue from taxation. Donald Trump favors less taxes but believes lower taxes would lift the […]
A Closer Look at Federal Income Taxes
On or before April 15, 141 million U.S. taxpayers voluntarily shipped to Washington an estimated $1.7 trillion in individual income tax dollars, or about half of all federal revenues, according to the Congressional Budget Office (CBO). Taxpayers grappled with a federal tax code that is 73,954 pages long, which Albert Einstein called, “the hardest thing […]
