How the Tax Code Made an American Aristocracy, walks readers through federal tax policy history and the modern-day legal ...

In her book The Second Estate, Ray Madoff explains how the U.S. tax system lets the ultra-rich grow their wealth tax-free while working Americans bear the burden. Officially, at least, the United ...

Last month, Americans finished filing their taxes for the year. Once again, it was a massive, time-consuming headache. All told, taxpayers spent an estimated 7.1 billion hours dealing with the tax ...

Taxes make civilization possible. When the ancient Greeks introduced democracy roughly 2,500 years ago, they implemented a progressive taxation prototype so that those who benefited most bore the ...

In pre-revolutionary France, the highly privileged nobility known as the Second Estate was legally exempt from paying taxes, shifting the burden to everyone else, including peasants, wage-earners, and ...

As Congress crafts yet another budget, it is time to confront a quiet enabler of America’s growing wealth gap: the way we tax corporate profits. The U.S. corporate tax system is a maze of complexity, ...

Forbes contributors publish independent expert analyses and insights. Peter J Reilly is a Forbes contributor who covers taxes. Oct 31, 2025, 08:26pm EDT Wealth inequality and distribution of income.

The U.S. tax code is filled loopholes — credits, write-offs, exceptions and exemptions. This complicated system is costly and time-consuming for taxpayers. And it’s pretty unique to the U.S. In 1962, ...

Donald Trump is altering the tax code for the benefit of millionaires and billionaires. That is the simplest conclusion to draw from the passage of the One Big Beautiful Bill Act earlier this summer, ...

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 ...