The goal is not to improve program efficiency, but to pay for tax cuts for the very wealthy by denying people benefits ...

Who Pays? is the only distributional analysis of tax systems in all 50 states and the District of Columbia. This comprehensive 7th edition of the report assesses the progressivity and regressivity of ...

Everyone can take the standard deduction, which would be worth $16,000 for individuals and $32,000 for married couples this ...

In this episode of Tax Notes Talk, Tax Notes Capitol Hill reporters Cady Stanton and Katie Lobosco discuss the final version of the House’s reconciliation bill and what’s next as the legislation heads ...

Marginal vs. Effective Tax rates both vary according to factors like how much you earn and you filing status. Find out how to ...

In a progressive tax system like ours, more than one tax rate applies to your income. Your marginal rate is your top tax rate.

higher tax rates may impact the final decision. Taxes are typically levied as a percentage of a business's net income, in keeping with the general principle that governments should bill taxes when ...

Delivered parcel volumes are down 65 percent from the same time last year, says the courier, which racked up $610 million in ...

Only hours after a public clash, negotiators made major progress on a new, two-year state budget that could lead to a final ...

and their benefits depend on the taxpayer's overall tax rate and cash flows for the given tax year. For example, because interest payments on certain debts are a tax-deductible expense ...

The final proposed 2025-26 spending plan that takes effect July 1 reduces the state’s highest marginal income tax rate to 6% ...

BYM is designed for high-income, tax-sensitive investors seeking steady, tax-free income, not capital gains or speculative ...