Income tax — a tax on money made from jobs and other sources — is the largest revenue source for the US government. Although originally controversial, it has become a key principle of the US tax code.
People across the country already struggle to exercise economic and political control over their own lives, and there may be imminent changes in economic and tax policy that could make things worse.1 ...
Secretary of Commerce Howard Lutnick recently announced on CBS News that the Trump administration wants to eliminate income taxes for those making $150,000 a year or less. Were that to happen, only ...
One of the primary tax reform debates taking place in several states is an argument over which type of tax system most efficiently raises revenue for the government while not unduly burdening ...
WASHINGTON -- Progressives are increasingly preoccupied with income inequality, and their current hero, Sen. Bernie Sanders, favors increasing the tax system's progressivity. So, in this 103rd year of ...