Here begins some introduction to the original post, updated now because it looks like higher marginal income tax rates are once again on the federal…
Category: Taxes
Beer and Taxes – 10/22/2014
Posted in Taxes
In April this year the US Commerce Department reported that before-tax corporate profits in 2013 totaled $2.1T and that corporate tax revenues totaled $419B. That…
Federal, State, and Cigarette Taxes
Posted in Taxes
In December 2015 The State editor Cindi Ross Scoppe published an editorial boosting the idea of a significant increase in the South Carolina tax on…
It seems to me that if estates are to be taxed, there should be some consideration for the number of heirs involved. A parent should…
Excise Taxes, Lobbying, and Our Future
Posted in Deficits, Government, National Debt, and Taxes
Worrying about how we fund federal spending, I noticed that in 1960, federal excise tax revenue funded 11.6% of federal spending, but, in 2015, it…
Zero Marginal Tax Rate in China?
Posted in Taxes
(First Published 8/17/2011) I have enjoyed a number of history, theology, Bible, literature, music, and economics courses offered by The Teaching Company over the past…
Flat Annual Fee for the Super Rich?
Posted in Taxes
(Originally published 12/2/2012) We are in serious need of another hurricane threat or sex scandal or other news-dominating event to get the media folks to…