1. Despite fiscal-cliff deal, Americans to pay more

    blood_turnip

    ... 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

  2. 77% face higher taxes despite debt deal

    Barack Obama, Joe Biden

    ... 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

  3. 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

  4. Poor are not poor because rich are rich

    ... ; there are an equal number of households with higher and an equal number with lower wealth. "Average ... the complex reality behind the fact that "median wealth of white households is 20 times that of black ... households. …" And without care, this information will be abused and misused by those

  5. More working familiesphased out of tax breaks

    ... -outs of deductions that could offset those higher rates. In effect, families are losing tax ... 20 tax benefits, such as the child tax credit, phase out at higher income levels. Complaints ... such as the higher $600-per-child tax credit that went into effect last year as part of President

  6. French court rejects 75% millionaires' tax

    Francois_Hollande

    ... (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

  7. Death, wealth and taxes

    ... found that 60 percent of families in the bottom 10 percent (decile) of the wealth distribution ... 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.

  8. Reagan revolution redux?

    ... Bush's tax cuts, according to a new Congressional Budget Office report. The theory by economist ... Arthur Laffer counters the argument that America "can't afford" tax cuts because they drain resources ... . Laffer asserted that lowering the tax rate on production, work, investment and risk-taking will help

  9. There aren't enough rich people

    ... the politics of envy. Not having the rich to fret over might enable us to better focus our energies ... the rich laid out by Bill Whittle citing statistics on his RealClearPolitics video "Eat the Rich ... ." This year, Congress will spend $3.7 trillion dollars. That turns out to be about $10 billion per

  10. 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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