exempted from the tax, since the fact that future sales will be subject to the tax will lower the price of stocks sold in the …

package, was a first-time homebuyer tax credit. The tax credit gave people buying their first home, or who had not been … homeowners for at least three years, a tax credit equal to 10 percent of the purchase price of the home, up to $8,000. The …

When most workers look at their pay stubs, they can see that the Social Security payroll tax rate is 12.4 percent … year – pays Social Security tax on only half of his or her earnings, and one who makes just over a million dollars per year … pays the tax on only about a tenth. Raising the Social Security cap – which would make some or all earnings above $106 …

There are many economists who argue that temporary tax cuts, like those in the 2009 stimulus and the ones proposed by … President Obama last week, have no impact on the economy. They argue that people will save a temporary tax credit rather than …

lower benefits. Since the vast majority of retirees rely on Social Security for the bulk of their retirement income, this … adjustment. It finds that they were not able to raise their non-Social Security income in response to cuts in Social Security …

about outcomes that they consider fair. This puts liberals in the position of seeming to want to tax the winners to help the … the structure of markets so that they don't redistribute income upward. This book describes some of the key areas where … progressives can focus their efforts in restructuring the market so that more income flows to the bulk of the working population …