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6 Results found for tax system

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The progressive left often argues that the rich do not pay enough in taxes. The tax code is not progressive enough, they say. But, the tax code is much more progressive than they would like to admit. See the below graph from The Heritage Foundation.
The progressive left often argues that the rich do not pay enough in taxes. The tax code is not progressive enough, they say. But, the tax code is much more progressive than they would like to admit. See the below graph from The Heritage Foundation.
 
If you think very rich people pay a lower share of their income in taxes than you do, you are very likely to vote for Democrats and to support a range of government interventions in the economy.
If you think very rich people pay a lower share of their income in taxes than you do, you are very likely to vote for Democrats and to support a range of government interventions in the economy.
 
President Donald J. Trump is working to reform our tax system so that Americans are treated fairly and can keep more of their hard-earned money, and companies can bring jobs back to the United States.
President Donald J. Trump is working to reform our tax system so that Americans are treated fairly and can keep more of their hard-earned money, and companies can bring jobs back to the United States.
 
Whether the setting is Raleigh or Washington, the tax reform debate will inevitably come down to one Big Question: Are you willing to trade current tax preferences for lower marginal tax rates?
Whether the setting is Raleigh or Washington, the tax reform debate will inevitably come down to one Big Question: Are you willing to trade current tax preferences for lower marginal tax rates?
 
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
A change in North Carolina's tax code is coming this year. The most likely outcome will be a reduction in the reliance on our state's income taxes and more of a reliance on an expanded sales tax.
 
Two of the top issues facing new North Carolina Gov. Pat McCrory and the General Assembly in 2013 are tax reform and education reform. For the performance of North Carolina's economy to improve significantly in the short run, we need a more competitive tax system.
Two of the top issues facing new North Carolina Gov. Pat McCrory and the General Assembly in 2013 are tax reform and education reform. For the performance of North Carolina's economy to improve significantly in the short run, we need a more competitive tax system.
 
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