U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class ...

Your marginal tax rate is the highest income tax rate you’ll pay on your income. Because the U.S. has a progressive tax ...

Giving almost no time for public review, Democrats pushed through a $55.2 billion budget for next fiscal year late Saturday, ...

A Social Security Administration letter advising of a reduction of his self-employment earnings record and an IRS refund were ...

Governors and state legislators have taken steps to improve taxation of investment income. Some in Congress, meanwhile, want ...

Gov. Kevin Stitt signed the income tax cut into law Wednesday. It was his key priority of the Legislative session, which must ...

But the income tax decrease in the 2025-26 budget, adopted on April 29, isn’t the largest in 70 years. The income tax rate applied to the excess of a certain threshold, known as a marginal rate, has ...

Examining a personal financial planning scenario can help students develop the application and analysis skills necessary to ...

The bill would initially reduce the state's top income tax, and consolidate six income tax brackets into three.