Fiscal Policy Program: Latest Articles

The Big Tax Bite You Don't Even Think About

The annual deadline for filing income tax returns came and went last week with surprisingly little of the usual fanfare and political grandstanding. Lest one be tempted to think that the quiet surrounding Tax Day was mostly due to the good economic times, a more convincing explanation may lie in the widespread ignorance that the largest levy that three-quarters of American families now pay is not the income tax, but the regressive payroll tax.

If Texas Gov. George W. Bush and… more

Ted Halstead | Washington Post | April 22, 2000