Taxing the Wealthy

Arguments & Analysis

Buch | Softcover

70 Seiten

2012
Nova Science Publishers Inc (Verlag)
978-1-62100-449-3 (ISBN)

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Arguments for raising the tax rates on high-income taxpayers start with the need to raise additional revenue and to signal the beginning of an effort by the US to reduce its deficit. This book considers the relationship between the top tax rates on ordinary income, the tax rate on capital gains and dividends and the alternative minimum tax.

This book explores the debate over whether the top two marginal tax rates should be permitted to rise back to their 2001 levels - from the current 33% back to 36%, and from the current 35% back to 39.6%. The analysis takes into account the relationship between the top tax rates on ordinary income, the tax rate on capital gains and dividends and the alternative minimum tax. Arguments for raising the tax rates on high-income taxpayers start with the need to raise additional revenue and to signal the beginning of an effort by the United States to reduce its deficit. This policy is viewed as collecting revenue from taxpayers with the most income, who received the biggest Bush tax cuts, and who are least likely to reduce their consumption spending or work effort in response to an increase in their marginal tax rate.

Preface; Raising the Tax Rates on High-Income Taxpayers: Pros & Cons; The Bus Tax Cuts & the Economy; Index.

Verlagsort	New York
Sprache	englisch
Maße	230 x 155 mm
Gewicht	148 g
Themenwelt	Recht / Steuern ► Steuern / Steuerrecht
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
ISBN-10	1-62100-449-X / 162100449X
ISBN-13	978-1-62100-449-3 / 9781621004493
Zustand	Neuware