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. Hollywood hypocrites

    ... the money paid to 2013's top 10 highest-paid male actors versus the top 10 highest-paid female performers ... to pay their fair share in taxes. Weinstein, the producer of hit films like "Pulp Fiction," "Kill Bill ... in taxes: "I'm happy to make an investment in America. I don't look at it as tax, evil! I say, OK, if I

  4. 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

  5. 43% of Americans pay no income tax

    cash-money

    ... started to expire. And it's partly because an improving economy means people's incomes should slowly start to increase, adding to their income tax bill. ... that 43 percent now. The share of households who aren't paying any federal income tax has fallen ... , and a new analysis from the Tax Policy Center predicts that it will continue to shrink in years to come

  6. 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

  7. Nothing certain except death and a FairTax

    ... in higher taxes over 10 years – and that's after accounting for his $154 billion ... reports, the top 10 percent of income earners pay 70 percent of all income taxes, while more than a third ... expenses. It is interesting to note, however, that the income tax law was revoked 10 years later

  8. Reagan revolution redux?

    ... conclusions." In the 1980s, Reagan's slashing of the highest personal income tax rate from 70 percent ... 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

  9. 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

  10. 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