If you own a home, you have paid an ad valorem tax. If you own a car, same thing. In fact, if you've ever bought anything in the United States, you have paid an ad valorem tax. These taxes are based ...

A progressive tax structure allows low-income earners to pay a smaller proportion of their income as tax compared to high-income individuals, who are taxed at progressively higher rates. A progressive ...

Have you ever wondered why gas, cigarettes or alcohol cost so much? The answer often comes down to an excise tax — a special tax that’s built right into the price of certain goods. So, what is excise ...