A Surcharge: The Worst Tax?


 

Publication Date: April 1982

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Thomas M. Humbert

Research Area: Banking and finance

Keywords: Taxes

Type: Report

Abstract:

Faced with a twelve-digit deficit and a budget impasse, the Reagan Administration has been considering a variety of measures designed to satisfy its critics. Among the worst being considered is a punitive income tax surcharge for upper-income Americans.