Tag Archives: federal income tax rate

Ultra-Short Summary of American Taxpayer Relief Act of 2012 (HR8 as amended by the Senate)

American Taxpayer Relief Act of 2012 (HR8 as amended by the Senate) The first two items below directly affect nearly every taxpayer. The third affects anyone with earned income, and the fourth affects every married couple. The rest are much narrower in scope (ie. highest income folks, large estates, etc): All Bush-era tax rates made […]

BusinessWeek: 10 Strategies used by the ultra wealthy to avoid taxes

For all the silly bluster about the “Buffett rule” in Congress, the fact is that the vast majority of folks who earn a lot do pay a lot in taxes.  And the very well known exceptions – such as Buffett himself claiming to pay a lower tax rate than his secretary – are due to […]