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News for Norther Colorado and the world

Monday, December 22, 2014

Posts Tagged ‘tax rates’

Trickle down doesn’t work

  Republicans Try to Suppress Facts By William Boardman Congressional research service meets republican memory hole Late on a Friday in September, the Congressional Research Service (CRS), a respected agency within the Library of Congress, released a report concluding, in effect, that there is no objective support for core Republican economic policies.  Reducing the top tax rates, the report concludes, has no correlation with the nation's economic growth, but does contribute to ... Full Story

What’s All the Fuss About Top Tax Rates Going Up 4.6

What’s All the Fuss About Top Tax Rates Going Up 4.6 Percent?

By Kenneth Lewis The national conversation on our fiscal health for the past few months has been about whether to extend the Bush-era tax cuts for households with incomes over $250,000, or to allow them to expire on December 31st. To my amazement, lost in all this controversy and discussion has been any mention of what this would really mean for high-income people in the context of historical tax rates. During the 1950s this country was flourishing economically and adding ... Full Story

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