Could Trump's tariffs replace the income tax? Here's what policy experts say
During the campaign, President Donald Trump floated an “all tariff policy” to replace the federal income tax. Here’s what ...
Kentucky lawmakers send bill to cut the state's income tax to the governor. He supports it.
Kentucky lawmakers completed their work Tuesday to reduce the state’s individual income tax rate, delivering on a top ...
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 ...
Kentucky legislature passes bill to cut individual income tax
The Kentucky legislature passed House Bill 1, which reduces the state's individual income tax from 4% to 3.5%.
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.
$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 ...
New Tax Regime: Should you opt for it over old tax regime? All about income tax slabs, exemptions and more
Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...
New income-tax Bill likely to receive Cabinet approval on Friday
The new income-tax bill is likely to be approved by the Union Cabinet on Friday, according to sources. After the Cabinet’s ...
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Higher tax-free income to drive demand: Shriram Life MD
Shriram Life Insurance, promoted by Chennai-based Shriram Group and Africa’s Sanlam Group, reported a 21% year-on-year growth ...
Kentucky’s personal income tax rate to go down after Beshear signs GOP-sponsored cut
Lowering the income tax rate has been a priority for Republican lawmakers in recent years. Gov. Andy Beshear signed the bill ...
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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 ...