The highest marginal income tax rate in 1913 was only 7%, but it only took Congress five years to raise the highest rate to 77% in 1918, and eventually to rates above 90% in the 1940s and 1950s (see chart above).
full articleAccording to their own financial statements, the 59 pension plans covering most public school...
Social Security taxes fund a thing known as Social Security benefits. Analysts of this system...
We examine the experience of forty four countries spanning up to two centuries of data on central...
Currently the United States is the only country in the OECD that does not have a Value Added Tax....