|
| |
| | Income tax - Wikipedia, the free encyclopedia |
 | | A tax levied on the income of companies is often called corporate tax, corporate income tax or corporation tax. | | | Income tax is an annual tax, and is reimposed each year in the annual Finance Act. | | | An income tax is a tax levied on the financial income of persons or of corporations. |
|
http://en.wikipedia.org/wiki/Income_tax
(2548 words)
|
|
| |
| | Negative income tax - Wikipedia, the free encyclopedia |
| | However, some countries have seen the introduction of refundable (or non-wastable) tax credits which can be paid even when there is no tax liability to be offset. | | | Some critics of the negative income tax contend that, in effect, such a scheme is a subsidy given to employers of low-qualified jobs, absolving them of the responsibility to adequately pay their workers. | | | A negative income tax would replace the current progressive income tax system used throughout most of the western world. |
|
http://en.wikipedia.org/wiki/Negative_income_tax
(683 words)
|
|
| |
| | Tribal Messenger - Flat tax and income tax |
| | The income tax system was originally set up as a fair way for the government to raise revenue. | | | Flat tax – progressive tax – regressive tax | | | In 1909, President Taft (R) proposed that an income tax was the fairest way to divide the cost of running the government. |
|
http://www.tribalmessenger.org/headlines/2-19-02-flat-tax-debate.htm
(877 words)
|
|
| |
| | The Progressive Income Tax - Progressive Theft |
| | The progressive income tax means that the more one earns, the more income tax one pays. | | | The progressive income tax means that the more one earns the higher the rate at which one is taxed. | | | Since the "rich" are funneling their personal and financial energies into tax avoidance activities, their energies and finances are not invested in activities that maximize their income (and the consequent benefits to society). |
|
http://home.earthlink.net/~bkwormtoo/id34.html
(1361 words)
|
|
| |
| | Taxwisdom Home Page |
| | One would be to simply increase the income tax rates of those who typically spend all of their income on consumption, i.e., poor people. | | | Economic investments made by firms are usually also financial investments because they generate income that exceeds their cost. | | | Tax cut enthusiasts like to refer to tax cuts as though the incomes of other people are not dependent on the money that would be returned to taxpayers. |
|
http://www.taxwisdom.org
(11091 words)
|
|
| |
| | "Progressive" Income Tax--Destructive Socialist Misnomer--Debate Handbook |
| | Tax the rich and spend the revenue for the improvement of the condition of the poor.... | | | A single taxpayer was only subject to a tax on income over $3,000 per year--an amount that far exceeded the average family income at the time, and the equivalent to a six figure income today--while the first $4,000 was exempt for the married couple. | | | Thus many, who have been in a position where they could, in effect, pass the tax on to someone else, have done so by inflating their incomes on the rationalization that the actual price for their services was what they were left with after taxes, rather than the true cost to their employer. |
|
http://pages.prodigy.net/krtq73aa/taxes.htm
(4565 words)
|
|
| |
| | Progressive Bolivian Income Tax Stopped by Angry Mobs by John Leo Keenan |
| | Bolivia has plenty of federal and local taxes but it is one of the few places without a national income tax. | | | Much of the public here is identifying the progressive income tax with "neoliberal" policies imposed by the IMF, while in their mind the president is considered to be in cahoots with the IMF and other imperialists. | | | There is a 13% flat tax instituted already that comes close to being a national income tax. |
|
http://www.lewrockwell.com/orig3/keenan1.html
(1455 words)
|
|
| |
| | Progressive Corporate Income Tax- American Independent Business Alliance AMIBA |
| | Armies of corporate lobbyists, tax attorneys, and accountants have won new laws and mined the existing tax code for clever deductions and tax credits that have dramatically reduced the tax rate of America 's largest businesses. | | | The American personal income tax is a progressive system that taxes those with the highest incomes at the highest rates. | | | Corporate tax reform, properly done, can reinvigorate America 's small businesses, restore public confidence in the fairness of the tax system, generate much needed revenues to sustain education, housing, health care and other needs upon which business and citizens depend. |
|
http://www.amiba.net/pressroom/progressive_corporate_income_tax_2.13.04.html
(821 words)
|
|
| |
| | [E] - Back to Basics : The Income Tax's Progressive Roots (by Jonathan Rowe) |
| | If Congress kept the income tax for higher incomes and shifted part of the rest to polluting natural resources, the result would be the kind of system that early advocates of the income tax intended. | | | One argument against a tax shift is that the change would violate the spirit of the progressive income tax. | | | The income tax that Congress enacted was pretty much in this populist mold. |
|
http://www.emagazine.com/march-april_1999/0399feat1sb2.html
(554 words)
|
|
| |
| | VoteMatch: Make Income Tax Flatter & Lower |
| | The ‘Capital Gains Tax’ is a separate income tax (with a marginal rate of 20%) which applies when goods that have gone up in value are sold. | | | A ‘National Sales Tax’ would replace the income tax with a consumption tax paid when purchasing anything. | | | The current marginal tax rates are 15% on the first $42,350 of taxable income, 28% on the next $60,000, and 31%, 36%, & 39.6% above that. |
|
http://www.issues2000.org/VoteMatch/q14.asp
(868 words)
|
|
| |
| | The Oakland Press: Opinions: Just fix the tax system, don't cut its heart out |
| | The reformers believed that individuals ought to be taxed according to their ability to pay, and that individual taxes ought to be based on a person's total income - investment income as well as wages and salaries. | | | One reason for keeping progressivity was that the administration recognized the need to offset the regressiveness of the payroll taxes that funded Social Security and Medicare. | | | The success of the 1986 reforms in making the income tax economically sounder, fiscally stronger and more equitable ought to encourage the president to stay on that path and reject scrapping the progressive income tax. |
|
http://www.theoaklandpress.com/stories/120604/opi_20041206006.shtml
(683 words)
|
|
| |
| | WorldNetDaily: The 'progressive' income tax |
| | He's not proposing eliminating the unconstitutional income tax. | | | Just try not paying the so-called "voluntary" income tax if you think we're not paying it at the point of a gun. | | | The idea of the "progressive" tax is socialism, pure and simple. |
|
http://www.wnd.com/news/article.asp?ARTICLE_ID=15040
(845 words)
|
|
| |
| | r21: The progressive income tax doesn't work |
| | While the top 10 percent of reported incomes accounts for an increasingly large percentage of total revenue, the incomes of the other 90 percent have declined. | | | A study by the Institute for Policy Innovation reports that the Progressive Income Tax (PIT) does not redistribute income. | | | During a time when the top 10 percent's share of tax revenue was constant (1957-1973), the other 90 percent's income rose sharply. |
|
http://www.r21online.com/archives/000091.html
(304 words)
|
|
| |
| | SSRN-Is the Optimal Labor Income Tax Progressive in a Unionized Economy? by Thomas Aronsson, Tomas Sjogren |
| | Aronsson, Thomas and Sjogren, Tomas, "Is the Optimal Labor Income Tax Progressive in a Unionized Economy?". | | | We show that the optimal degree of progression of the labor income tax depends on the extent to which the government can influence the wage rate via tax policy as well as on its ability to redistribute income across individuals. | | | The purpose is to study the determinants of tax progression. |
|
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=633431
(225 words)
|
|
| |
| | What's Wrong with the Progressive Income Tax? [Mackinac Center for Public Policy] |
| | The size and complexity of the progressive income tax, its pervasiveness, and its susceptibility to political manipulation make it one of the most dramatic political and economic changes to have occurred in the twentieth century. | | | The income tax system has come a long way since its adoption in 1913, becoming far more burdensome and incom-prehensible than its originators ever dreamed possible. | | | Fear and loathing of today’s IRS and disgust with an incomprehensible federal tax code has prompted a debate over the federal income tax that is sure to heat up as next year’s presidential campaign approaches. |
|
http://www.mackinac.org/article.asp?ID=1706
(794 words)
|
|
| |
| | EconPapers: Tax Reform and Automatic Stabilization |
| | We find that in certain cases the tax reforms of the 1980s actually increased the automatic stabilization inherent in a progressive income tax (especially when the Social Security payroll tax and the Earned INcome Tax Credit are included). | | | Abstract: A fundamental property of a progressive income tax is that it provides implicit insurance against shocks to income by dampening the variability of disposable income and consumption. | | | We examine the effect of the federal income tax reforms of the 1980s on the associated degree of automatic stabilization of consumption. |
|
http://econpapers.repec.org/paper/wopjopovw/165.htm
(317 words)
|
|
| |
| | SSRN-The Progressive Consumption Tax Revisited by Steven Bank |
| | Consumption tax supporters were offended by the progressive rate structure while income tax supporters did not want to adopt what they perceived to be a move from an ability to pay base to a necessity to consume base. | | | By exempting savings and investment from the income tax base, while subjecting spending to a progressive rate tax, McCaffery's proposal appears to be the perfect compromise. | | | This Review examines three previous attempts to introduce a progressive consumption tax - in 1921, 1942, and 1995 - and discusses why they failed to satisfy both sales tax and progressive income tax proponents. |
|
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=515502
(292 words)
|
|
| |
| | S-WoPEc: Is the Optimal Labor Income Tax Progressive in a Unionized Economy? |
| | The main purpose of the paper is to study the determinants of tax progression and, in particular, to relate tax progression to the choice of work hours. | | | We show how the optimal degree of tax progression depends on the incentives underlying the choice of work hours, as well as on whether or not the government can monitor the wage rate via tax policy. | | | Is the Optimal Labor Income Tax Progressive in a Unionized Economy? |
|
http://swopec.hhs.se/umnees/abs/umnees0587.htm
(315 words)
|
|
| |
| | ☞ Tax - Federal Income Tax Brackets |
| | Individual Income Tax Rates for the 50 states as of December 31, 2001. | | | NRSTA is a non-profit, all-volunteer organization dedicated to advancing legislation to replace federal income taxes and the IRS with a national retail sales tax. | | | Tax Relief Comes in Form of Amended Federal Income Tax Returns for Some New England Businesses |
|
http://www.taxinfocenter.com/federalincometaxbrackets
(1372 words)
|
|
| |
| | National Review: Soaking the Garden State rich - New Jersey passes progressive income tax |
| | Since winning office last November, Florio has passed a progressive state income tax (rates go up for all couples earning over $70,000, while the top rate, which kicks in at $150,000 per couple, is double the previous rate), and a new school-aid program, which will redistribute state money to poor school districts. | | | National Review: Soaking the Garden State rich - New Jersey passes progressive income tax | | | Soaking the Garden State rich - New Jersey passes progressive income tax |
|
http://www.findarticles.com/p/articles/mi_m1282/is_n15_v42/ai_9284649
(310 words)
|
|
| |
| | Sample 1991 ARS: Progressive income tax |
| | In article <1991Aug7.204018.8446@fxgrp.fx.com> raphael@fx.com (Glen Raphael) writes: >And what is *right* with the sales tax is: > [...] > >2) The progressive income tax discourages people from making money, by >reducing the link between how productive you are and how much take-home >pay you end up with. | | | From: bard@CS.Cornell.EDU (Bard Bloom) Newsgroups: alt.religion.scientology Subject: Progressive income tax Message-ID: <1991Aug8.131238.24748@cs.cornell.edu> Date: 8 Aug 91 13:12:38 GMT References: <1991Aug2.071725.11789@parc.xerox.com>> <1991Aug7.204018.8446@fxgrp.fx.com> Sender: news@cs.cornell.edu (USENET news user) Organization: Cornell Univ. CS Dept, Ithaca NY 14853 Lines: 16 Nntp-Posting-Host: brigid.cs.cornell.edu |
|
http://www.skeptictank.org/gs/ars91348.htm
(248 words)
|
|
|
