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

Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.

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

As the calendar flips to 2025, several U.S. states are rolling out reductions in individual income tax rates, offering ...

Calculating the precise amount you owe to the IRS takes some time. How much varies depending on where you live and work. Here ...

The $10,000 per federal income tax return cap on the deductions, called SALT, was imposed in 2017 as part of the sweeping ...

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category ...

Wednesday brought in New Year, 2025, and some new Iowa laws were put into effect. A flat individual income tax of 3.8% is the ...

North and South Carolinians are among the relatively small subset of Americans who are poised to see both their state and ...

Iowa's getting rid of its income tax brackets, so instead of 2024's 4.4% to 5.7%, Iowans will now start paying a flat tax rate of 3.8%."All of the things we've ...

According to the Census Bureau, the average Iowan makes a little less than $40,000 per year. When the cuts kick in, they’ll ...