During the campaign, President Donald Trump floated an "all tariff policy" he said would replace federal income tax. Here's ...

The new income tax law will replace the existing Income Tax Act of 1961. The tax Bill is being brought to make the tax ...

We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue ...

Texas has one of the highest sales and property tax rates in the nation. The state imposes a 6.25% state sales and use tax.

Introduced in 2020, the new tax regime became a default regime in 2023. To be able to file tax return under the old tax ...

Under a package of legislation sponsored by Rep. Bishop Davidson, R-Republic, Missouri’s current 4.7% tax rate for most ...

Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic ...

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...

Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring ...

In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...

The Union Cabinet is expected to approve the new Income Tax Bill, potentially leading to its introduction in the Lok Sabha early the following week.