Clean-energy stocks spiked after the Senate-passed version of the One Big Beautiful Bill Act dropped a controversial tax on ...

Regressive taxes charge the same tax rate to everyone — regardless of income level. This means that someone earning $40,000 per year would pay the same tax rate as someone earning $400,000 per year.

Years of contrived austerity have demonstrated to voters that no public good (indeed, nothing at all!) is more important than ...

Many Chicagoans are already struggling with inflation, stagnant wages and rising property taxes. Taxing groceries adds to ...

Florida lawmakers decided not to give residents relief on sales or property taxes. Instead, they awarded about $1 billion ...

All Johnson, Lawler, and other Republican moderates ask in return is to expand the budget deficit (which is already more than ...

Budget cuts might be necessary, but Congress should prioritize raising revenue, too.

A former acting chair of the FCC writes that the internet is being threatened by ill-considered proposals to single out ...

But what we’ve been left with is a regressive tax that is much higher than a similar tax on new cars that was also passed in HB 2017. State of Oregon Senior Economic Mazen Malik was also in the ...

Our tax code works best when it adequately funds the public services that make our society better without putting financial ...

The Republican megabill now before the Senate cuts taxes for high earners and reduces benefits for the poor. If it’s enacted, that combination would make it more regressive than any major tax or ...

Regressive tax systems are more burdensome to lower-income households as they pay a higher percentage of their income in taxes than higher-income households. Less tax revenue.