Tag: taxes
But subjecting inheritances to the payroll tax in addition could be even better In a great new book, BC Law professor Ray Madoff describes how the federal tax code has created two separate societies – working Americans who earn wages and pay taxes to support government programs and the ultrawealthy who have removed themselves from…
I have always been a great fan of providing a government match on the retirement savings for low- and middle-income workers. These workers, who pay very little in income taxes, gain virtually nothing from the tax preferences accorded retirement saving and can afford to put aside only modest amounts…
