Taxation

Andrea Germanos, staff writer
Here's something nearly every state in the nation has in common: a regressive state tax system that is exacerbating the wealth divide. So finds the newest edition of Who Pays: A Distributional Analysis of the Tax Systems in All Fifty States from the non-partisan Institute on Taxation and Economic Policy (ITEP). The organization looked at sales and...
Jon Queally, staff writer
A seemingly arcane rule change passed by the House of Representatives on...
Sarah Lazare, staff writer
"The Great Recession destroyed a significant amount of middle-income and lower-income families' wealth," Pew Research Center finds. (Photo: Eli Christman/flickr/cc)
The gulf between rich and poor people in America has hit a new record. An...