Could Trump's tariffs replace the income tax? Here's what economic policy experts say
During the campaign, President Donald Trump floated an "all tariff policy" he said would replace federal income tax. Here's ...
Kentucky governor signs GOP-backed personal income tax cut
Democratic Gov. Andy Beshear signed a bill into law Thursday that will reduce Kentucky's individual income tax, expressing ...
Tax season: How to avoid scams and how the IRS is making filing easier with new tools
The tax filing season kicked off on Jan 27, with the Internal Revenue Service accepting returns. Taxpayers could face ...
No need to wait for Budget for Income Tax Relief! New Income Tax Bill may have unique features, likely to get cabinet nod today
Apart from tax relief provisions, the bill may introduce several structural and linguistic reforms. Such as replacing the term “Assessment Year” with “Tax Year”, eliminating British era references ...
Income tax brackets are changing for the 2025 tax year. Here's what Texans should know
Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.
Accounting Today18h
State income tax rate changes for 2025
This year, 39 states had notable tax changes, with some that began on Jan. 1, and others set to take effect on July 1. Nine of these states cut their individual income tax rates for 2025. The most ...
Center on Budget and Policy Priorities2d
2025 Budget Stakes: High-Income Tax Cuts, Price-Hiking Tariffs Would Harm Families
High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...
Push to scrap income tax in Missouri raises questions about replacement revenue
Under a package of legislation sponsored by Rep. Bishop Davidson, R-Republic, Missouri’s current 4.7% tax rate for most ...
Crain's Detroit5h
House speaker 'open' to corporate income tax increase to save incentives
LANSING — House Speaker Matt Hall said Thursday he is open to raising Michigan's corporate income tax to keep intact funding ...
WCPO Cincinnati43m
Economists question sustainability of Kentucky budget in wake of another income tax cut
Governor Andy Beshear signed a bill cutting the state's income tax by half a point from 4% to 3.5% Thursday marking the third tax reduction in as many years.