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The Americans paying more taxes

Podcast, Episode 140

The IRS currently faces the tough task of implementing the most sweeping tax overhaul in decades. (Bill Clark/CQ Roll Call file photo)
The IRS currently faces the tough task of implementing the most sweeping tax overhaul in decades. (Bill Clark/CQ Roll Call file photo)

 

Tax season has begun, and upper-middle-income taxpayers earning between $120,000 and $200,000 in states with high local taxes are the most likely to be among the 5 percent who paid more last year because of the 2017 law, says Kyle Pomerleau, director of the Center for Quantitative Analysis at the Tax Foundation, a nonpartisan think tank. Doug Sword, CQ’s tax reporter, explains how congressional Democrats, and those running for president, are attacking the law.

Show Notes:

Grassley wants IRS to give taxpayers a break if they messed up withholdings

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