A tax wedge is the difference between before-tax and after-tax wages. It also refers to the market inefficiency that is created when a good is taxed.

Your taxable income is your federal tax liability based on both earned and unearned income received during the tax year. An individual’s taxable income is the amount of money they’ve received over the ...

A tax rate is a measurement used to calculate the amount of tax an individual or organization pays. The tax rate can be a percentage or fixed amount, and tax rates can vary depending on income level, ...

Forbes contributors publish independent expert analyses and insights. Carrie Brandon Elliot analyzes international tax issues. Inversion regs clarify when a corporation has substantial business ...

The constantly changing numerical definition of "rich" carries direct implications for taxes and planning — and this year's presidential election offers a choice between competing criteria. Neither of ...