Yes, Virginia… There Is an Aggressive and Highly Successful Anti-Tax Lobby
|01/01/2016||Posted by BusinessMediaguide.Com under General World News||
The Wall Street Journal ran an interesting piece yesterday morning showing how the effective tax rate — taxes as a share of income — spiked up significantly in 2013 for the wealthiest taxpayers due to an increase in the tax rate on capital gains. This is important information and the piece appropriately highlights how the higher rate sharply increased the tax liability of the richest 400 taxpayers, whose effective rate went from 16.7 percent in 2012 to 22.9 percent in 2013.
That’s the highest effective rate paid by this top group since 2002, though it’s still a 7 read more >>>
Source : HuffingtonPost.Com