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Taxes and Budget ;Economic Growth and Productivity
2010-02-26T20:35:33Z
2014-11-18T21:53:26-05:00
2014-11-18T21:53:26-05:00
XyEnterprise XPP 8.0C.1 Patch #2
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Held Harmless by Higher Income Tax Rates?
Rachel M. Johnson, Eric Toder
In 2010, 45 percent of tax returns will either remit no federal income tax or receive a net tax refund. But this figure overstates the share of taxpayers who would be unaffected by higher income tax rates. Raising all rates by 1 percent would hold only 34 percent of tax returns harmless; others would either pay higher taxes or receive smaller net rebates.
Taxes and Budget
Economic Growth and Productivity
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