Newsweek contacted the Tax Foundation for comment by email on Friday. Why It Matters. Income tax cuts are expected to be ...

Extending all of the 2017 tax law could add close to $5 trillion to the national debt. To offset the cost, Trump and ...

The Utah Legislature should eliminate state income taxes on Social Security, the governor says. See what a top state ...

The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into ...

The Yale Budget Lab estimates the average tax cut for families affected by the change would be about $1,700, though those in the bottom fifth of earners would see a $200 average cut. Ending income ...

Republican leadership in both the Iowa House and Senate said Iowans should expect to see further action to limit property tax ...

The start of a new year has renewed inquiries about when Albertans can expect the UCP to deliver on its promised tax cut.

“Great thread,” Fox News’s Brit Hume wrote on X, sharing Michel’s post. “Tax cut for the rich my a**. It was a tax cut nearly everyone, tilted in fact toward lower income people,” he added. Great ...

The latest rate cut will move it down to 3 percent in 2025. For someone making $65,000 a year, that’s a savings of $33.

Waymart Borough Council passed the 2025 budget with no general tax increase but with a cut in police department hours.

State lawmakers want to cut property taxes after doing so last year. The governor worries about the cost of another cut.