News

President Trump signed a tax and spending bill into law, garnering strong Republican support. The legislation includes ...
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...
Trump’s ‘One Big Beautiful Bill Act’ seeks to make the 2017 tax cuts permanent, but the impact differs by income level. Learn ...
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...
The Oklahoma Supreme Court upheld a decision by the Oklahoma Tax Commission today and found that Muscogee Nation citizen ...
Business groups say two 2026 ballot drives on a graduated income tax and a referendum on a minimum wage law would kill jobs ...
Public Act 1 phases in an increase in the tipped wage for servers and bartenders, now 38% of the general minimum wage, until ...
Ohio is scrapping its graduated income tax and adopting a flat 2.75% rate for all taxpayers under a two-year budget bill headed to the desk of Gov. Mike DeWine (R).
A progressive tax is when the tax rates increase (or “progresses”) as the taxable income increases for an individual or a business.
But a smaller tax cut could be in the works for many middle-income taxpayers 65 and older. Many moving parts, of course, are involved with the tax and spending package that Trump and GOP leaders in ...
The only tax that is really necessary is a state graduated-income tax, and it should be collected only by the state, which would then make regular disbursements to local and county governments and ...
The rates created by that legislation would apply to six tax brackets, ranging from 4.75% on income up to $10,000 to 7.99% on all income for individual filers making more than $750,000.