The recent enactment of the 'One Big Beautiful Bill Act' (OBBBA) by President Trump has sparked significant debate.

President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling ...

Sales tax holidays are often marketed as relief for everyday families, but they do little to address the deeper inequities of ...

Indexing gains to inflation “would really codify the notion that income taxes are only for people who work for a living,” ...

Regressive taxes make low-income earners pay a larger share of their income in comparison to theirmiddle- and high-income peers. The higher your income is, the lower the tax burden will be.

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.

If you're paying less in taxes as your taxable income increases, you're likely following a regressive tax system. Regressive taxes offer an inverse relationship between income levels and tax rates ...

Practically every state charges a higher share of taxes from lower- and middle-class families than the highest earners, a new study from a liberal-leaning group found. The Institute on Taxation ...

Louisiana already has a regressive tax system where people who earn less than $18,000 pay 13.1% of their family income in taxes while people who earn over $552,000 pay only a 6.5% tax rate, ...

Louisiana already has a regressive tax system where people who earn less than $18,000 pay 13.1% of their family income in taxes while people who earn over $552,000 pay only a 6.5% tax rate, ...