It may be true, as Benjamin Franklin wrote toward the end of his life, that “in this world, nothing is certain except death and taxes.” But while we’re all in the 100% death bracket, the federal ...

Michael Linden examines how our tax code has grown less effective at dampening income inequality, and how various proposals to reform the code would affect inequality. Rep. Paul Ryan's (R-WI) tax ...

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

Here is how much taxpayers in each income bracket pay on average, and how much each bracket contributes to the federal tax ...

The richest 10 percent of the world’s population now owns three-quarters of all personal wealth, according to the newly released World Inequality Report 2026. Income is not much different, where the ...