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Progressive Tax Defined

A tax that rises in rate as the taxpayer's income increases; for example, income tax.

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Off-site Progressive Tax Links, User Submitted

The following links have been collected through user bookmark submission in the Progressive Tax category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Thu Oct 30

  • Instapundit.co m - Spreading the Wealth: The OECD, the organization of western economies, says the U.S. already has the second most progressive tax system among its members, trailing only Ireland. Maybe there might be other ways to spread the wealth besides the tax system.

Fri Oct 24

  • Obama, Joe the plumber, and the gospel of envy | csmonitor.com: Despite Obama's implication to the contrary, however, it doesn't represent much in the way of change. The personal income tax, the federal government 9;s main source of revenue, is collected overwhelmingly from a relative handful of Americans. Indeed, the most recent IRS data shows that the top 1 percent of filers paid nearly 40 percent of all income taxes. That means the top 1 percent paid about the same as the bottom 95 percent, according to the Tax Foundation, a nonpartisan research group. The bottom 50 percent paid just 3 percent.

Tue Oct 21

  • Filing New Jersey State Taxes: The personal income tax in the state of New Jersey ranges from 1.4% to 8.97%, evaluated over progressive income brackets.

Tue Oct 7

Sat Oct 4

Tue Sep 30

  • Intolerant Faith: McCain Vs. Obama Tax Plan: Notice that, under the progressive Obama tax plan, only the top 1% of the country are going to get a tax increase. This is the breakdown. If you make less than $111,646 you will get a bigger tax break under the Obama tax plan. McCain's tax plan is dramatically shifted to benefit the rich disproportiona tely. We are about to take on a huge bailout for the investors, yet they are getting taxes breaks on the other side. $700 Billion dollars is enough to buy out every foreclosure in America, and we would actually have a stake in the property.

Wed Sep 24

  • Responsible Wealth: Responsible Wealth is a national network of businesspeople , investors and affluent Americans who are concerned about deepening economic inequality and are working for widespread prosperity. The three primary areas of work are tax fairness, corporate responsibility and living wages. Founded in 1997, Responsible Wealth is affiliated with United for a Fair Economy (UFE), a national non-profit devoted to putting a spotlight on the dangers of excessive inequality of income and wealth in the United States. Industrial Relations: A Journal of Economy & Society, vol. 45, no. 4, Oct. 2006

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