A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a ...

U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...

(The Center Square) – The mayor of Chicago is pushing for a progressive income tax in Illinois, even though a recent economic report says it would make the state less competitive. Mayor Brandon ...

(The Center Square) – Manufacturers say legislators at the Illinois State Capitol have done enough damage and a progressive tax would be too much. Last week, former Illinois Gov. Pat Quinn proposed a ...