Tag Archives: US

Is the US a secretly socialist nation?

If asked about the economic politics of the US, you’ll probably think of them as relatively conservative, right-wing, and capitalist.  You hear of the richer becoming richer, and a growing underclass of the very poor who do not have access to any sort of financial safety net.  To accompany this lack of social benefit, you hear of how wealthy, successful people are attracted to the US because of their favourable tax systems. Continue reading

A progressive approach to tax

The US Congressional Budget Office has recently published some information on who pays income tax in the US (or, at least, who did so in 2010).  There’s an interesting graph included showing how effective tax rates vary by income group over time. Continue reading