Let’s start with a chart to understand the dire fiscal situation we are in as a nation. Figure 1. Federal Debt Held by the Public as a Share of Gross Domestic Product, 1940-2054 You’re looking at how ...

State tax revenue volatility has increased in recent years, with significant fluctuations not only in total collections but ...

Tax cuts for every household are headlining Labor’s budget for the second year running, but don’t get too excited.

Labor’s new tax cuts are modest but they will make a difference. Combined with Labor’s first round of tax cuts, the average ...

It’s never fun to get hit with an unexpected tax bill. Use NewsNation’s tax calculator to get an idea how much tax you may owe.

The IRS has processed 69.6 million federal income tax returns through March 14. Yet, that's down 1.4% from a year ago.

These are the budget key tables and charts that reveal economic forecasts, fiscal performance, and policy priorities for ...

Wondering how wealthy you are compared to your fellow Australians? Find out whether you rank in the top 25, 5 or 1 per cent.

Between 1979 and 2021, the richest 0.01 percent of households had a cumulative income growth rate of 1,003 percent after accounting for taxes and aid transfers. That’s 7.6 times the 132 percent growth ...

Meanwhile, West Virginia taxpayers had the lowest average refunds. Those owed refunds received an average of $3,183 — down ...

For instance, popular credits like the child tax credit phase out the higher your income level is. The federal income tax rates haven’t changed for the 2024 tax year: 10%, 12%, 22%, 24% ...

Medicaid is used by more than 1.8 million NJ residents for health coverage — from a checkup at the pediatrician to nursing ...