What is a fair income and capital gains tax rate for the rich to pay?
In 2006 the top 2% paid 60% of all income taxes but earned only 30% of the income.
Shouldn't we lower their tax rate to make it more fair?
What is the standard tax rate for income received from an estate trust?
I am going to be receiving ongoing income from my grandfathers estate. I have been told that it is taxable because it is classified as income not an inheritance since it is income earned by the estate since his death. I an trying to get an idea of what tax rate I should expect to pay. I do not know yet exactly how much I will be receiving.
What percentage of my after tax income should I save every month?
My after tax income (including bonus and interest income) is approximately US$325K per month. I am a professional and my job is relatively steady (been with the same company for more than 5 years). What percentage of my after tax income should I be saving (either for retirement or a rainy day)? Obviously, it is better to save as much as possible. But I guess I want to know what percentage is a prudent guideline. Thanks
What is the income difference between college graduates and high school graduates?
What exactly is the income difference between those who are college graduates and those who only have a high school diploma?
I'm talking about the whole entire work force in America. What is the difference in income between those in the work force who have college degrees than those with only a high school diploma?