A progressive tax is a system where the tax rate increases as taxable income rises, requiring higher earners to pay a greater ...

Ed Koch was angry—and perhaps a bit embarrassed. It was the spring of 1986, and his Parks Department had wasted millions of taxpayer dollars trying to rehabilitate Central Park’s Wollman Rink. At the ...

Teddy Roosevelt’s busting of monopolistic trusts and his Square Deal for average citizens were examples of progressivism. When the stock market crashed in 1929 and the Depression followed, it was ...