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 ...
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.
IRS warns: Don’t overlook these tax credits. You could get up to $7K more in your refund
About one in five eligible filers overlook this credit, the IRS said. Certain filers can receive up to $7,830 more back in ...
The Tariff Football And Income Tax History
We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue ...
IRS launches awareness campaign for 50th anniversary of Earned Income Tax Credit
The Internal Revenue Service (IRS) is celebrating 2025 as the 50th anniversary of the Earned Income Tax Credit (EITC), and ...
Marijuana, skill games, closing tax loopholes: Shapiro reaches for more revenue
Governor Josh Shapiro wants Pennsylvania’s general fund to get nearly $51.5 billion worth of stuff — as he puts it — done in ...
Center on Budget and Policy Priorities18h
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 ...
$7,830 IRS credit: What to know about qualifying for the Earned Income Tax Credit
The federal Earned Income Tax Credit is designed for low to moderate-income wage earners and is fully refundable, meaning ...
Trump proposes abolishment of federal income tax, bringing US back to 'richest period' in history
President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...
Talk Business16h
Arkansas’ January tax revenue down 5.9%, above the forecast by 3%
Arkansas’ tax revenue through January is down 3.4%, with January revenue down almost 6%. The declines are not a surprise to state officials and are primarily the result of ...
ABC15 Arizona2h
How to pay for Chase Field repairs? Arizona bill would repurpose Diamondbacks income, sales tax revenue
The Arizona Diamondbacks could use redirected tax revenue to fix up Chase Field under a proposal state lawmakers are considering.
Why does WA have no income tax? That’s shaped class and the economy of Evergreen state
High-income earners, retirees and the wealthy have the most to gain from no state income tax, local experts said. Low and middle class people feel more of the burden from sales and property taxes and ...