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

The Utah Legislature should eliminate state income taxes on Social Security, the governor says. See what a top state ...

Extending all of the 2017 tax law could add close to $5 trillion to the national debt. To offset the cost, Trump and ...

The South Carolina senator pushed for putting border security ahead of tax cuts during a Fox News interview Sunday.

Freelancers or gig workers can delay billing until 2025 to reduce 2024 taxable income. W-2 employees may be able to defer ...

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

Republican leadership in both the Iowa House and Senate said Iowans should expect to see further action to limit property tax ...

The Yale Budget Lab estimates the average tax cut for families affected by the change would be about $1,700, though those in the bottom fifth of earners would see a $200 average cut. Ending income ...

The latest rate cut will move it down to 3 percent in 2025. For someone making $65,000 a year, that’s a savings of $33.

State lawmakers want to cut property taxes after doing so last year. The governor worries about the cost of another cut.

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

Iowans may begin to see some changes right away in 2025 as employers withhold less money from their paychecks to account for ...