As a 2024 candidate, Donald Trump promised to end the taxation of Social Security. Both the House and Senate versions of his "Big Beautiful Bill" would cut taxes for many Social Security beneficiaries ...

Assembling a successful electoral coalition is difficult, but forging a governing coalition to run the city is even harder.

It took a spark to ignite quickly. Liberal Democrats have been grumbling about Democratic Gov. Ned Lamont for more than a ...

All Johnson, Lawler, and other Republican moderates ask in return is to expand the budget deficit (which is already more than ...

The Second Circuit judges in their Tuesday decision cited the Supreme Court’s decision in Noem v. Abrego Garcia, in which the ...

Effective tax rate is your average tax rate as a percentage of your total income. Learn how effective tax rates differ from tax brackets, also known as marginal tax rates.

In a companion essay, I explore the leading conservative tax myths that tax cuts pay for themselves and that they induce “starve the beast” spending reductions to cut the deficit.

In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.

New Jersey should adopt a host of progressive tax changes to generate nearly $4 billion in revenue to bridge structural deficits over the coming years, including new tax brackets for millionaires, an ...

The United States has the highest number of mass shootings globally with at least 4,684 incidents recorded between 2014 and 2023, according to the Gun Violence Archive, which describes a mass ...

Social Security tax is charged at a rate of 12.4%, with half paid by the employer and half paid by the employee (you). It only applies to a certain amount of earned income, and for 2023, the ...

And a national sales tax rate would have to be extremely high, possibly as high as 89 percent, to make up for the lost revenue. Then you’ll really see some inflation.