Factoring in tariffs, the lowest 20 percent of income earners may lose $300; the top 1 percent will be $58,000 richer.

The decades following World War II were broadly prosperous, but conditions began changing in the 1970s. Class inequality has increased enormously since then, according to government data, while income ...

Indexing gains to inflation “would really codify the notion that income taxes are only for people who work for a living,” ...

The country narrowly missed its long-anticipated transition to upper-middle-income country (UMIC) status by just $26.

I do a post on the inequality of global wealth using the annual data compiled by economists working for the Swiss bank, ...

Cutting taxes for the wealthy and businesses and paying for it with Medicaid cuts will not have a positive impact on growth ...

The decrease was not driven by Americans earning less, but was instead attributed to a reduction in Social Security payments.

In a recent study we explore how features such as tax rates, deductions, credits, and bracket adjustments shape the ...

It's a question with profound implications for millions of Americans: With the Trump administration's "One Big Beautiful Bill Act" signed into law July 4, will families thrive or languish? Will ...

South Africa has a progressive tax system. But there are parts of it that reduce its impact and need to be fixed.

Lawmakers have options at their fingertips to provide immediate rate relief and address longer-term affordability without any ...

Extreme unfairness erodes trust, discredits markets, and invites rebellion. We are approaching that breaking point. The U.S.