Apr 12, 2018

What’s New With…….Taxes for the week of April 12, 2018

It’s Tax Time - Tax Week (they are due on Tuesday), so what better time to take a look at the past quarter’s tax headlines.

2017 Tax Filing

State Income and Sales Taxes

Other Taxes

 

US Tax Policy

Households with $150,000 or more in income make up 52% of total income nationally but pay large portion of total taxes (87%, up from 84%)
  • John Sides discusses our tax system with two tax scholars and why it is so complicated.
  • Finally, in an 8 minute video (and text), CBS discusses whether or not there is a better way to manage taxes in the US with a Stanford Law professor, and what may be standing in the way of any changes.  What do you think, or better yet, what do your students think?

 

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