California lawmakers in Sacramento debate payroll taxes and closing corporate loopholes to raise revenue and narrow an ...

A tax wedge is the difference between before-tax and after-tax wages. It also refers to the market inefficiency that is created when a good is taxed.

Chalkbeat reports on the federal tax-credit scholarship program, raising questions on its impact on public education and ...

A progressive consumption tax takes a different approach. It doesn’t penalise earning more in a particular year. Instead, it ...

A potential veto of Chicago’s 2026 budget by Mayor Brandon Johnson could trigger the Windy City's first-ever municipal shutdown. Johnson reportedly rebuked the budget passed by council over the ...

Over the past four years, four states have abandoned progressive income-tax formulas to embrace a flat income-tax rate like that in Illinois. That brings the number of flat-tax states to 14, with a ...

Greg Bishop provides criticism from a group of manufacturers to the talk of reviving the progressive income tax amendment for the Illinois Constitution that voters rejected in 2020. Gov. J.B. Pritzker ...

Fourteen years after Occupy Wall Street, Zohran Mamdani’s campaign radiated the spirit of the 99 percent: The mayor-elect promised to pay for free buses and universal child care by raising corporate ...

(The Center Square) – Manufacturers say legislators at the Illinois State Capitol have done enough damage, and a progressive tax would be too much. Last week, former Illinois Gov. Pat Quinn proposed a ...

Re: “Oakland should enact progressive parcel tax” (Page A8, Nov. 23). Beth Weinberger’s proposed “progressive” parcel tax based on square footage would, in fact, be regressive, selectively ...