A few weeks ago, former Governor Lincoln Chafee (D-RI) released a tax plan. The governor’s plan would do three things: Add a new 45 percent tax bracket that applies to income over $750,000. Add a new 25 percent capital gains and dividend tax bracket that applies to taxpayers earning more than $750,000. Increase the personal […]
It’s been an exciting campaign season so far for Americans interested in federal tax reform. Throughout the last few months, candidates in both parties have put tax policy at the center of their platforms, promising to make the federal tax system simpler, fairer, and better for the economy. Many candidates have also begun to issue […]