The Top Marginal Tax Rate

The ongoing national political debate includes proposals to increase the top federal marginal tax rate on the highest income taxpayers. The Internal Revenue Service (IRS) reports that less than one percent of all individual federal income tax returns were subject to the highest individual marginal tax rate of 35 percent. Taxes collected at the 35 […]

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The Top 1 percent

Recently, the top one percent, those individuals with the highest incomes, and their fair share of the tax burden has been the subject to much debate. Just who are the top one percent and what is their current share of the tax bill. Tax Stats, the public data site of the Internal Revenue Service (IRS) […]

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