A regressive tax is one that is assessed at the same rate to everyone, regardless of their income. They are also sometimes ...

The one big change in Mayor Michael Bloomberg's executive budget for fiscal year 2010 is his proposed increase in the city sales tax from 4.0 percent to 4.5 percent, double the increase he proposed in ...

In the distant past, Republican moderates were people like Senators Pete Domenici of New Mexico and Bob Packwood of Oregon who preached fiscal responsibility and were reasonably tolerant of the ...

As states look to generate more revenue in an inflationary economy, along with the risk of a recession, progressive governors like J.B. Pritzker who advocate for progressive income taxes also support ...