A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a business.

America’s progressive tax system is based on graduated brackets that require higher earners to pay a larger percentage of their income than lower earners — at least on paper. I asked ChatGPT what ...

Although the tax rates themselves remain unchanged, the income ranges for each bracket have expanded for 2026. For taxpayers whose incomes grow with inflation, this means more of your earnings may ...