IRS data show that the richest 1% paid $84 billion more in taxes in 2007 than they had in 2000 — that’s a 23% increase — even though their average tax rate went down. What’s more, their share of the overall income tax burden grew, climbing from 37% in 2000 to 40% in 2007.
Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam. He is completing a book on the international challenges America faces in the 21st century.
Joe Kaufman is an expert in the fields of counter-terrorism, foreign affairs and energy independence for America. He has been featured on all major cable networks, including Fox News, CNN, MSNBC, CNBC and C-SPAN. Kaufman has served as a consultant to different government agencies, and he has been instrumental in getting U.S.-based terrorist charities shut down and terror-related individuals put behind bars. Exactly one month prior to the September 11 attacks, Kaufman predicted the attacks by stating that the 1993 World Trade Center bombing was not an aberration and that it would happen again.
Jacob Laksin is a senior writer for Front Page Magazine. He is co-author, with David Horowitz, of The New Leviathan (Crown Forum, 2012), and One-Party Classroom (Crown Forum, 2009). Email him at email@example.com and follow him on Twitter at @jlaksin.
Congressional experts pegged the 2010 U.S. budget deficit at $1.35 trillion, a slight improvement from the $1.38 trillion estimate in August, but the overall picture of the government’s finances remains bleak, according to the annual report released Tuesday. The Congressional Budget Office said the government will run an aggregate deficit of almost $6 trillion during […]
IMAGINE you are a physician and a patient arrives in your office with a troubling and mysterious disease. Some of the symptoms are familiar, but others are not. You have never treated anyone with quite this set of problems. via Economic View – Tax Cuts Might Accomplish What Spending Hasn’t – NYTimes.com.