income tax

Sales taxes are less regressive than flat rated income taxes. Due to political and accounting difficulties, methods of calculating net incomes that has or may likely to be enacted into federal tax regulations significantly greater understate taxable incomes of wealthier taxpayers. This remains...

Higher income earners’ children are more valuable to our nation? Regulations determine the values of higher income earners’ dependents are of greater per capita values than those of lesser earners. Income tax payers are generally entitled to a $3900 reduction from their taxable incomes...