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What is the net investment income tax and who has to pay it?
The net investment income tax (NIIT) is a 3.8 percent tax on net investment income for individuals exceeding certain income ...
Milwaukee Journal-Sentinel on MSN13d
Gov. Tony Evers' budget has a $2.4 billion net tax increase, would create a shortfall
The state would be short about $1.6 billion by the end of the 2028 fiscal year and nearly $4 billion by the end of the 2029 ...
Insurancenewsnet.com1d
Trump revives plan for tax deduction on car loan interest payments, pushes sweeping tax cuts
President Trump in his address to Congress on Tuesday revived a campaign pitch to create a tax deduction for interest payments on car loans, amid a broader push for sweeping tax cuts. Mr. Trump ...
What You Need To Know About Taxes And Gold Profits
Many investors who prospered from gold’s bull market will be surprised by how profits on their gold investments are taxed.
Mississippi Senate passes its income tax cut plan
It now heads to the House, whose leadership is advocating for its own plan, which would eventually eliminate the state ...
The Motley Fool9d
What Is Net Investment Income?
A person's net investment income can play an important role in determining tax liabilities in a given year. In addition to paying taxes on profits from individual investment categories ...