A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a business.
The top tax rate wealthy Americans pay on their investment gains today runs barely half the top rate the rest of us pay on our wages. But that only begins to tell the story of how lightly taxed our ...
The One Big Beautiful Bill Act (OBBBA), signed into law by President Trump on July 4, 2025, has ignited a heated discussion regarding its economic impact and wealth distribution. While the ...
In the distant past, Republican moderates were people like Senators Pete Domenici of New Mexico and Bob Packwood of Oregon who preached fiscal responsibility and were reasonably tolerant of the ...
In a country with the most regressive tax regime in the hemisphere (which has even been criticized by the atrociously ...
Rick Hauser doesn’t understand “regressive” when he says that sales tax isn’t. (“Rich people pay majority of taxes,” Our Readers’ Views, Jan. 10). Even AI gets it right: “Sales tax is considered a ...