Tag: Tax rate

  • Pandering to the Taxpayers

    In every presidential election, office seekers elbow each other to position themselves as favoring tax breaks for the electorate. Kamala Harris raced in quickly with proposals for a tax break for the middle class and a tax deduction of up to $50,000 for new small businesses ─ two debt producing polices. To her credit, the […]

  • The 75-year Thievery of Joint Tax Returns

    Another tax season has ended, and more than 50 million returns arrived at the Internal Revenue Service marked “Married filing jointly”.  Few of the filers had any idea that joint returns—created in 1948 and modified in 1969—may be the oldest tax inequity in America. They’ve been picking various pockets for 75 years, and there’s little […]

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