Posts Tagged ‘taxes’

Tax Day: Corporate cuts taxing for workers

While no one likes paying taxes, most of us know it’s our tax dollars that support the schools, roads, and services we all use and depend on. But looking at a few statistics this tax day reveals the responsibility for keeping our public programs and economy on track isn’t shared equally — and the burden has fallen on those who can least afford it.

Middle-income families are taxed at 25 percent of their overall paycheck, compared to the average capital gains tax for the wealthiest, which are taxed at a minimum of 15 percent. Read more »