The 102% Tax Rate and Other Perils Measuring Tax Rates
February 09, 2012 at 08:27 AM EST
Over at the Tax Policy Center’s blog, TaxVox, my colleague Roberton Williams examines the pitfalls that afflict some efforts to measure a person’s tax rate: Investment manager James Ross last week told New York Times columnist James Stewart that his combined federal, state, and local tax rate was 102 percent. No doubt, Ross did pay a lot [...]
