NIGERIA’S fiscal landscape underwent a seismic shift on June 26, 2025, when President Bola Tinubu signed four landmark Tax Reform Bills into law: the Nigeria Tax Act, Nigeria Tax Administration Act, ...

Proposed California ballot initiative would impose a one-time 5% tax on billionaires, with the revenue funneled toward health ...

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

In an opinion article for the New York Times, the former Republican senator called for the government to "tax the rich, like me." ...

Discover how the ability to pay principle influences taxation through progressive tax systems. Learn with examples how tax burdens are tailored to individual financial situations.

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 ...

As Benjamin Franklin once said, “In this world, nothing is certain except death and taxes.” In California, the list could also include regular political brawls over tax laws. Two battles are already ...

(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 ...