President-elect Donald Trump told The Post on Thursday that he opposes Gov. Kathy Hochul’s revived plan for congestion ...

Zach Gibson / Stringer / Getty Images Tax systems in the U.S. fall into three categories: regressive, proportional, or progressive. Regressive and progressive taxes impact high- and low-income ...

Opinion, comment and editorials of the day ...

But House lawmakers voted 71-23 to make a temporary 0.40% sales tax increase permanent. Lawmakers shaved off 0.05% to bring ...

With the election now behind her, New York’s Governor Hochul is reviving a widely unpopular plan to begin taxing motorists ...

Gov. Jeff Landry would cut taxes for virtually everyone but keep in place a regressive tax system that continues to hit the poor harder than the wealthy, according to the first independent ...

Jeff Landry’s complicated tax package continued to power forward Wednesday as a key legislative committee approved more than ...

Pros and Cons of Proportional Taxes A proportional tax is not progressive, but neither is it a regressive tax, which takes a larger percentage of income from low-income groups than high-income groups.

Mayor Brandon Johnson said his proposed 4 percent increase was just a play to increase engagement on the city’s budget.

“This is mostly going to benefit out-of-state corporations,” Landry said. Emerson described the franchise tax as “regressive” ...