Mississippi taxpayers will get significant relief with the incremental elimination of the state's income tax, which will drop from 4.7% to nothing in a few years.
President Donald Trump has repeatedly floated the idea of eliminating America’s income tax, and instead generate revenue from ...
The percent of income spent on state and local taxes is as high as 12% and as low as 5%, depending on where you live. There’s no avoiding taxes no matter which state you live in, but where you ...
Next up is a big list: the 41 states -- along with Washington, D.C. -- that don't tax Social Security benefits. If you expect much of your retirement income to come from these benefits, you'll be ...
Living in one of the five states with no sales tax may seem appealing because you won’t have to pay tax when shopping for ...
Super rich people may avoid paying more than $160 billion in taxes every year, the Treasury says. Here are six strategies they use to do that.
Commerce secretary said President Trump wants to revamp the tax system, drop income taxes for people making less than $150K.
Eight states currently have no income tax, while another 14 have a flat income tax. Ohio's income tax has been gradually reduced over the past two decades, and some lawmakers believe that ...
The House and Senate passed competing bills that would end the income tax and increase gas taxes. Many differences must still be reconciled to make one version into law.