While the news constantly talks about the idea of the “flat tax” in the United States, the progressive tax system may actually be more fair to lower-income earners. But what exactly is a “progressive ...

Every country has its taxing system. For example, in the United States, the government uses the progressive tax system. Other countries, like Estonia, Ukraine and Georgia, use the flat tax system, a ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. The number of states with a flat rate income tax has grown by ...

Illinois has a flat tax of 4.95%, which applies to all filers. Wisconsin has progressive tax, which ranges from 3.5% to 7.65% depending on marital status and income level. Many middle-class earners ...

If you’re earning $50,000 a year, where you live could mean the difference between paying less than $50 or about $4,000 in state income taxes annually. That’s a lot more in your pocket — or your state ...