Would Provide Costly Tax Break for Wealthy Individuals by Iris J. Lav The Senate version of managed care legislation now in conference includes a costly IRA expansion that has nothing to do with ...
As April 15 approaches, most Americans are looking for a tax break. But over 110 wealthy people have taken a Tax Break Pledge to give away their capital gains tax cut.
Even without change, however, the alternative tax has only relatively minor effects on the very wealthy, since their regular top marginal tax rate, even after falling to 33 percent, will still be well ...
Correction to This Article A Nov. 18 Business article on the Bush administration's tax reform plans incompletely identified Princeton economist Harvey S.
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The poorest 20 percent of workers, who earn on average $16,600 annually, will get a tax break of $250 this year, which is less than 2 percent of their income.