Income tax — a tax on money made from jobs and other sources — is the largest revenue source for the US government. Although originally controversial, it has become a key principle of the US tax code.

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 ...

Tim Graney’s letter to the editor regarding the complexity of the U.S. tax code (March 15) raises an important issue. The reason the tax code is so complex has a lot to do with its alleged ...

As lawmakers in Congress debate whether to renew the personal income tax cuts established by the Tax Cuts and Jobs Act, a familiar criticism has resurfaced: that President Trump’s signature ...

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 ...

Republican Ohio Sen. Rob Portman appeared on Fox & Friends on Tuesday where he criticized President Barack Obama for claiming that successful small businesses have to thank public sector projects for ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The U.S. tax code remains a labyrinth that baffles most ...

If you voted for President Trump last November because you believed he’d increase economic freedom, it’s safe to say you were fooled. Following a reckless tariff barrage, the White House and its ...

New York has the highest tax burden in the US and is the fourth most expensive state to live in. Gov. Kathy Hochul proposed a $3 billion inflation rebate funded by sales tax revenue. A permanent sales ...

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, ...

Editor’s Note: Congresswoman Barbara Lee (D-Calif.) is a member of the House Appropriations Committee and ranking member of the Subcommittee on State and Foreign Operations. She serves as co-chair of ...