News

Trump floats raising taxes on the rich to pay for his sweeping tax and spending cuts package
President Donald Trump said he’s open to hiking taxes on wealthy Americans to help pay for Republicans’ sweeping tax and ...
Trump revives, then discards, then revives again the idea of taxing the rich in big GOP bill
Trump posted on social media that hiking taxes on anyone, even the rich, could stir a political backlash, reviving the “Read ...
Business Insider7y
From private school tax breaks to bigger inheritances, 7 ways rich people win big if tax reform passes
Repealing the estate tax and the alternative minimum tax (AMT) are just two of the ways rich Americans could ... Most of the people affected by the AMT earn over $500,000, according to Tax Policy ...
U.S. News & World Report3y
What It Really Means to Tax the Rich
Tax the rich ... people who take wages have to pay ordinary income taxes, which are higher than the capital gains taxes they pay when they do sell stock." Frank Clemente, executive director of ...