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Despite fiscal-cliff deal, Americans to pay more
... research group, estimates that 77 percent of American households will face higher federal taxes ... -income families will feel the biggest tax increases, but many middle- and low-income families will pay higher taxes too. ... (Associated Press) While the tax package that Congress passed New Year's Day will protect 99
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77% face higher taxes despite debt deal
... Washington research group, estimates that 77 percent of American households will face higher federal taxes ... - income families will feel the biggest tax increases, but many middle- and low- income families will pay higher taxes too. ... WASHINGTON (AP) - While the tax package that Congress passed New Year's Day will protect 99 percent
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Poor are not poor because rich are rich
... the complex reality behind the fact that "median wealth of white households is 20 times that of black ... ; there are an equal number of households with higher and an equal number with lower wealth. "Average ... white household wealth is 20 times higher than median black household wealth, average white household
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More working familiesphased out of tax breaks
... 20 tax benefits, such as the child tax credit, phase out at higher income levels. Complaints ... -outs of deductions that could offset those higher rates. In effect, families are losing tax ... such as the higher $600-per-child tax credit that went into effect last year as part of President
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There aren't enough rich people
... the evidence? Federal tax collections have been between 15 and 20 percent of the nation's Gross ... adjustments in their economic behavior so as to keep the government tax take at 15 to 20 percent of the GDP ... the politics of envy. Not having the rich to fret over might enable us to better focus our energies
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Only in America
... of these 8.2 million millionaire households. Fewer than 20 percent inherited 10 percent or more ... of tax filers in the bottom fifth in 1979 had moved on to a higher quintile, and often to the top ... 8.2 million American households with assets, excluding primary residences, worth over $1 million
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Amnesty harms blacks
... , that is most damning. It is the 10-ton pink elephant in the middle of the room that no one is willing ... in to the convoluted desire of President Bush and passes an immigration bill that allows for amnesty ... points out the following: "Our research shows that low-skill immigrants' households, on average
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If Rubio's amnesty is so great, why is he lying?
... tax system. By "paying taxes," Rubio means "filing a tax return and getting a payment back from ... Rubio was the Mount Vesuvius of lies about his immigration bill. Here is how Rubio explained ... the powerful border-enforcing mechanism in his bill on "Fox News Sunday," which he denied was merely
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French court rejects 75% millionaires' tax
... (Yahoo!Sports) France's Constitutional Council on Saturday rejected a 75 percent upper income tax ... rate to be introduced in 2013 in a setback to Socialist President Francois Hollande's push to make ... tax on annual income above 1 million euros ($1.32 million) - a flagship measure of Hollande's
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Death, wealth and taxes
... death tax repeal, and 20 percent more somewhat favor repeal. In favor of keeping the death tax ... reached a higher decile 10 years later. An amazing 23 percent rose four or more deciles, with 1.5 percent ... for people of modest means to become wealthy, I don't expect that the death tax has a long life.