Tag Archives: Tax bracket

Just What is the “Fiscal Cliff?”

As we approach the end of 2012, you’ve likely heard lots of talk among politicians and the media about the impending “fiscal cliff.” This term refers to a combination of tax increases and spending cuts that are slated to take … Continue reading

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Thomas Sowell: You Can’t Tax the Rich (They’ll Flee the Country Before You Can)

Ninety years ago — in 1921 — federal income-tax policies reached an absurdity that many people today seem to want to repeat. Those who believe in high taxes on “the rich” got their way. The tax rate on people in … Continue reading

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