Was Buffett Right? Do Workers Pay More Tax than Their Bosses?
When Warren Buffett called for higher taxes on the wealthy in a New York Times op-ed last week, the billionaire investor argued that he and wealthy people like him face lower federal rates than the...
View ArticleWhy Investors Pay Less Tax than the Rest of Us
After I wrote last week about Warren Buffett’s New York Times op-ed on the low tax rates paid by wealthy investors, Tax Policy Center visiting scholar Brian Galle pointed out that my graph showing the...
View ArticleDebating the Buffett Rule
On Monday, the Administration released its deficit reduction blueprint. One part of the Administration’s proposal, which has received enormous attention, is that the Joint Select Committee on Deficit...
View ArticleObama’s Buffett Rule: Keep Your Eye on Capital Gains
President Obama didn’t quite get around to saying so when he rolled out his latest deficit reduction plan on Monday, but his Buffett Rule—that no one making more than $1 million should pay a lower tax...
View ArticleA Buffett Rule Proposal in Congress
In his State of the Union speech, President Obama’s called for a new law that would require high-income people to pay at least 30 percent of their income in taxes. In response, Senator Sheldon...
View ArticleHow Would the Buffett Rule Affect Marginal Tax Rates?
The Paying a Fair Share Act of 2012 (PFSA) – Congress’ first crack at legislating the Buffett rule – would apply a broad-based 30 percent minimum tax for those earning more than $1 million a year. We...
View ArticleRaising Taxes on the Rich
This afternoon, I moderated an interesting Tax Policy Center panel on taxing the rich. With the Senate about to debate a Buffett tax on millionaires, the timing couldn’t be better. Unfortunately for...
View ArticleTax Policy in September: Racing to a Grinding Halt?
Have it your way… unless you’re Burger King. Five Senate Democrats—Illinois’ Dick Durbin, Michigan’s Carl Levin, Rhode Island’s Jack Reed, Vermont’s Bernie Sanders and Ohio’s Sherrod Brown—asked Burger...
View ArticleA Billionaire Saves, Two Words Disappear, and Three Provisions Protect
There’s more than one way to skin a cat (and reduce taxes). Warren Buffett, chairman of Berkshire Hathaway, has made a swap for Procter & Gamble’s interest in Duracell. The “cash-rich split-off”...
View ArticleWas Buffett Right? Do Workers Pay More Tax than Their Bosses?
When Warren Buffett called for higher taxes on the wealthy in a New York Times op-ed last week, the billionaire investor argued that he and wealthy people like him face lower federal rates than the...
View ArticleWhy Investors Pay Less Tax than the Rest of Us
After I wrote last week about Warren Buffett’s New York Times op-ed on the low tax rates paid by wealthy investors, Tax Policy Center visiting scholar Brian Galle pointed out that my graph showing the...
View ArticleDebating the Buffett Rule
On Monday, the Administration released its deficit reduction blueprint. One part of the Administration’s proposal, which has received enormous attention, is that the Joint Select Committee on Deficit...
View ArticleObama’s Buffett Rule: Keep Your Eye on Capital Gains
President Obama didn’t quite get around to saying so when he rolled out his latest deficit reduction plan on Monday, but his Buffett Rule—that no one making more than $1 million should pay a lower tax...
View ArticleA Buffett Rule Proposal in Congress
In his State of the Union speech, President Obama’s called for a new law that would require high-income people to pay at least 30 percent of their income in taxes. In response, Senator Sheldon...
View ArticleHow Would the Buffett Rule Affect Marginal Tax Rates?
The Paying a Fair Share Act of 2012 (PFSA) – Congress’ first crack at legislating the Buffett rule – would apply a broad-based 30 percent minimum tax for those earning more than $1 million a year. We...
View ArticleRaising Taxes on the Rich
This afternoon, I moderated an interesting Tax Policy Center panel on taxing the rich. With the Senate about to debate a Buffett tax on millionaires, the timing couldn’t be better. Unfortunately for...
View ArticleTax Policy in September: Racing to a Grinding Halt?
Have it your way…unless you’re Burger King. Five Senate Democrats—Illinois’ Dick Durbin, Michigan’s Carl Levin, Rhode Island’s Jack Reed, Vermont’s Bernie Sanders and Ohio’s Sherrod Brown—asked Burger...
View ArticleA Billionaire Saves, Two Words Disappear, and Three Provisions Protect
There’s more than one way to skin a cat (and reduce taxes). Warren Buffett, chairman of Berkshire Hathaway, has made a swap for Procter & Gamble’s interest in Duracell. The “cash-rich split-off”...
View Article