President Yoon Suk Yeol was detained for questioning by criminal investigators after a standoff over his martial law declaration. Despite initial resistance by his security guards, he agreed to be questioned to avoid a violent clash. The investigation and warrant to detain him are being challenged as illegal, as South Korea faces a political crisis over the unprecedented attempt to detain a sitting president.
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Do you know what you pay in taxes? Here’s who pays the most and least to the IRS.
Research indicates that many Americans misunderstand the tax system, contributing to dissatisfaction with taxes, as a Cato Institute survey reveals that 55% of taxpayers feel they pay too much. Despite the progressive nature of the tax code, which sees the top 10% of earners paying 72% of federal income taxes, a significant portion of the population lacks clarity on tax brackets, with many mistakenly believing their top marginal rate applies to all their income. This...
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