Most Legalized Illegals Will Have No Net Income-Tax Liabilities

Avik Roy National Review Online 11/20/2014

President Obama says that his executive order will ensure that currently illegal immigrants will have to “pay their fair share of taxes.” But the vast majority of undocumented aliens don’t make enough in income to have a net income-tax liability. As I note in Forbes, a 2006 analysis by […]

Senate Passes Fiscal Cliff Deal

Pact Moves to House

Newsmax 01 Jan 2013

Hours past a self-imposed deadline for action, the Senate passed legislation early New Year’s Day to neutralize a fiscal cliff combination of across-the-board tax increases and spending cuts that kicked in at midnight. The pre-dawn vote was a lopsided 89-8.

Senate passage set the stage for a […]

Fiscal Cliff Fallout: Here's How Much We'll Being Paying as of January 1

Fox News Channel Facebook 11/15/2012

Nearly 90% of Americans will see a tax increase if lawmakers let us fall off the fiscal cliff on January 1, 2013. Take a look at how much extra you’ll be paying.

FOX FACTS: What Is the “Fiscal Cliff”?

With the presidential election decided, the talk in Washington now turns […]

Taxes go up in 2013 for 163 million workers

USA Today 10/21/2012

WASHINGTON (AP) — President Barack Obama isn’t talking about it and neither is Mitt Romney. But come January, 163 million workers can expect to feel the pinch of a big tax increase regardless of who wins the election.

A temporary reduction in Social Security payroll taxes expires at the end of the […]

Categories