Cute and playful female child jumping in a puddle of water on the street wearing yellow rubber boots and a raincoat. The One Big Beautiful Bill Act (OBBBA) increased the maximum CTC from $2,000 per ...

Democrats in recent years have used concerns about “inequality” to attack free-market capitalism, a system that has created the wealthiest country in the history of the world. But as more in-depth ...

Forbes contributors publish independent expert analyses and insights. Mike Sylvester covers tax policy with a focus on small businesses. Social Security is a cornerstone of the United States' social ...

As the White House and Congress determine our national budget and the fate of agencies like the Department of Education, we need to say out loud what we know: It is the students of the lowest means ...

As a follow-up to my post on Saturday about the new CBO study on the “Distribution of Household Income and Federal Taxes, 2011,” the table above shows how income inequality between the highest and ...

There's a lot of variation within each group. The top 5% of earners, for example, bring in $295,000 or more per year. That's nearly 10x what someone in the lowest quintile earns annually. It's also ...