Five states made changes to their income tax codes in 2004, all of which were overseen by first-term Democratic governors. The modifications represented a mixed bag of policies. Three states, New ...
As of January 1, 2025, 10 states changed their income tax codes. Nine of those states reduced their tax rates, and one no ...
Secretary of Commerce Howard Lutnick recently announced on CBS News that the Trump administration wants to eliminate income taxes for those making $150,000 a year or less. Were that to happen, only ...
Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics.
Income tax cutting bills continue to sweep through state legislatures in 2022. What’s noteworthy is that they’re doing so in many cases with broad support from both Democrats and Republicans. In a ...
Rep. Derrick Lente, D-Sandia Pueblo, gestures during a Monday news conference, after the House Taxation and Revenue Committee voted to approve a massive tax package, as other Democratic lawmakers look ...
EAST LIVERPOOL – A revised municipal income tax code will be put before City Council for its consideration Monday night at the recommendation of its finance committee, which has been working on the ...
DES MOINES, Iowa — The Iowa Republican trifecta at the statehouse completed its first step in limiting changes to the state’s income tax code. HJR 2006 passed by a vote of 31 to 13. The joint ...
Another Tax Day has come and gone, and most Americans believe they pay too much. One recent poll revealed that 56 percent say they pay more than their fair share. Unfortunately, I fear this is just ...
As readers may recall, on July 4, 2025, President Trump signed into law the massive One Big Beautiful Bill Act (OBBBA) as Public Law 119-21, which made permanent many provisions of the Tax Cuts and ...
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