Posts Tagged ‘tax rates’

Bush Tax Cuts and Fairness

There was a fine editorial on tax rates and tax revenues in Monday's WSJ.  Basically the Bush tax cuts resulted in the largest increase in tax payments by the rich in history. 

2006 tax data (the most recent released by the IRS) shows that:

*the top 1% of earners were paying 40% of all income taxes
*the top [...]