Tag Archives: income tax

Income Tax Revenue 1995-2008

This is off topic, but I thought it might be interesting to anyone following the debate about income tax rates. The graph shows that income tax revenues rose about 50% following the full implementation of the Bush tax cuts in 2003. While associations do not prove cause and effect the data show that it is possible to lower taxes and have…

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Brazil's Income Tax

Secretary of State Hilary Clinton just gave a speech in which she said: The rich are not paying their fair share in any nation that is facing the kind of employment issues (the United States is), whether it’s individual, corporate, whatever the taxation forms are. Brazil has the highest tax-to-GDP rate in the Western Hemisphere…

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