Mississippi lawmakers have approved the most radical and costly change to the state’s personal income tax system to date.

Mayor Cherelle L. Parker’s proposal to cut the city’s business income and receipts tax (BIRT), based off the Philadelphia Tax ...

The bill nearing passage could reduce state revenues by $600 million or more, IRS data suggests, instead of the ...

First, Tesla’s tax avoidance has the fingerprints of President Donald Trump and Republican leaders in Congress all over it.

This week, members of Congress are arguing about whether extending Trump’s 2017 tax cuts would cost trillions of dollars over ...

About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are on a path to do so, if their ...

The Earned Income Tax Credit (EITC) supports millions of workers and families and continues to grow in states and localities ...

This week, we celebrate 50 years of the federal Earned Income Tax Credit (EITC) and the impact it's had on millions of ...

State lawmakers around the country are navigating a range of potential hazards this week. Leaders in Maryland and Washington ...

If lawmakers wanted to reduce income inequality and racial inequality, shutting down or at least limiting corporate tax ...

Missouri House Bill 798 would reduce personal and corporate income tax rates, fully eliminate taxes on capital gains income ...

Two parts of Trump’s 2017 tax law that are particularly expensive and beneficial to the richest individuals are the changes ...