Learn about progressive tax and how it works. Discover the benefits and drawbacks of advanced tax systems and why you need a tax professional.

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 ...

If you’ve just filed your income taxes, it might interest you that the U.S. tax code is incredibly progressive. That’s meant in a mathematical sense. It’s progressive because it collects far more ...

The most aggrieved are relatively high-earning graduates, who form the most socially and economically liberal parts of ...

Virginia now relies heavily on regressive income, sales, and excise taxes.