Thanks in large part to new House member Alexandria Ocasio-Cortez, a New York Democrat, there’s been lots of discussion this week about hiking tax rates on the superwealthy. Her support in a 60 ...

The Congressional Budget Office (CBO) released a report on effective marginal tax rates for low-income workers.[1] An effective marginal tax rate as defined by the CBO is the change in taxes and ...

This weekend, "60 Minutes" aired an interview with the self-described "radical" rookie Democratic Congresswoman Alexandria Ocasio-Cortez. In it she proposed hiking the top marginal tax rate to fund ...

Your marginal tax rate is the highest income tax rate you’ll pay on your income. Because the U.S. has a progressive tax system, different tiers of your income are taxed at different rates. The ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. Tax cuts will take effect in a number of states and localities on ...