Healthcare in the United States is very expensive — but we don’t get what we pay for.
A number of current and former candidates have suggested adding new sources of revenue through various types of taxation of wealth.
Some lawmakers favor substantial increases to marginal tax rates. Let’s look at how marginal tax rates and brackets work.
A wealth tax would impose a levy on assets owned by an individual or household — as opposed to, for example, an income tax.
As the 2020 campaign season swings into gear, the national debate about taxes — including tax rates, tax types, and tax fairness — is gaining prominence.