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 ...

With the traditional tax deadline falling on Saturday, it is timely to ask whether the U.S. tax code is appropriately progressive, insufficiently progressive or overly progressive. A progressive tax ...

From today’s WSJ editorial, “The latest IRS data also show that the wealthiest Americans continue to carry a record share of the income tax load. As the chart above shows, the richest 1% paid 35.6% of ...

As we draw closer to the November elections, there is an inordinate amount of attention being paid to “disinformation,” and a great deal of fact-checking of candidates’ statements. So this seems to be ...

Preston is a Research Fellow for tax policy in The Heritage Foundation’s Grover M. Hermann Center for the Federal Budget. There is no inherent reason to allow taxpayers to deduct state and local taxes ...

The U.S. tax code remains a labyrinth that baffles most Americans. A National Tax Literacy Poll conducted by the Tax Foundation and Public Policy Polling in 2024 found that about two-thirds of over ...

SPRINGFIELD, Ill. (WAND) — Democratic state lawmakers say it is time for the highest income earners and wealthy businesses to pay more. Progressive lawmakers told reporters Tuesday that billionaires ...

At present, the total endowments at institutions of higher education in the United States sits around $836 billion. Nearly a quarter is held by Ivy League schools and the 25 largest private and 25 ...

Virginia's antiquated tax brackets have not been updated since "Thunderstruck" by AC/DC was topping the charts in the early 1990s. Now a new set of recommendations from the Joint Legislative Audit and ...

Virginia needs tax reform. And regular Virginia residents — workers who pay income, property, sales and other taxes and fees — sense that the system isn’t working for them. They see critical public ...

The Great Recession happened at a formative age for me. As a third grader, I remember watching my friends’ parents get laid off from their jobs and face real economic hardship. At the same time, ...