October 20, 2008

Are you Paying a Higher Tax Rate than Warren Buffett?

Why America’s Richest Man Thinks He Should Pay More Taxes.
Part I of a multipart series
Warren Buffett, thinks the U.S. tax system is unfair. The $62 billion dollar man thinks he should pay more taxes, as a share of his income, than he does now. Buffett, know for his simple tastes (hamburgers and [...]

October 20, 2008

McCain’s Economic Stimulus Plan – Give Millionaires a $75,000 Tax Break

In the wake of the current financial markets meltdown – and the meltdown of his own campaign – John McCain unveiled a set of initiatives aimed at stimulating the economy. The centerpiece of McCain’s proposal is a reduction of the capital gains and dividend tax rate from 15% to 7.5%.
McCain’s chief economic adviser, Douglas [...]