Tag Archives: Tax

Billionaire Income Tax Could Eliminate Tax on First $17,500 of Income for All Americans ($35,000 for Married Couples)

Some of you might remember that, prior to the Trump tax cuts for the rich in 2017, you were able to claim a personal exemption on your taxes that eliminated income tax on the first $4,050 in income ($8,100 for couples).  It was a big help to many of us, but Trump did away with the personal exemption for working Americans as part of his … Continue reading Billionaire Income Tax Could Eliminate Tax on First $17,500 of Income for All Americans ($35,000 for Married Couples) »

It Is Time We Reexamine the Cost of Reaganomics

President Ronald Reagan was a popular United States President. Upon leaving office, 63 percent of Americans overwhelmingly approved of the job he had done during his 8 years in office. His post-presidency popularity was solidified with efforts led by lobbyist and anti-tax activist Grover Norquist to convince local governments and private associations to name public spaces after Regan to preserve his legacy— particularly his tax … Continue reading It Is Time We Reexamine the Cost of Reaganomics »