As the Union Finance Minister Nirmala Sitharaman on Sunday proposed a significant hike in Securities Transaction Tax (STT) on futures and options trades, the Income Tax Department issued a ...

ATLANTA — Georgia lawmakers are getting increasingly serious about making the Peach State one of the few in the nation with no state income tax. If wholly abolished, Georgia would join states such as ...

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but it ...

Filing taxes can be daunting, even overwhelming. Whether you file with help from a professional or on your own, calculating precisely what you owe to the Internal Revenue Service, or what the IRS owes ...

Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the ...

Some states have higher taxes in other areas to make up for the lack of an income tax. No income tax also applies to different forms of retirement income. Federal tax rules apply regardless of your ...

Gov. Bob Ferguson has thrown his support behind an income tax on millionaires, backing what would be a seismic shift in Washington’s tax code. At a budget news conference Tuesday, Ferguson endorsed a ...

OLYMPIA – Gov. Bob Ferguson said Tuesday he supports a state income tax on those who make more than $1 million a year. The proposal, he said, would be tied to reducing sales taxes on baby and hygiene ...

FRANKFORT, Ky. (WKYT) - Kentucky’s individual income tax rate will drop to 3.5% on Jan. 1, 2026, cutting state revenues and tightening lawmakers’ budget choices as they prepare the next two-year ...

This article originally appeared on PolitiFact.com.President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But ...

President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But experts say he's overpromised. "Over the next couple ...