As W.Va. Gov. Patrick Morrisey makes use of political pressure on lawmakers to help him make his request for a 10 percent cut ...

The Economic Impact of State Income Tax EliminationDownload Executive Summary For years, no-income-tax states like Texas, Tennessee, and Florida have ...

Several states are lowering their individual income tax in 2026. Georgia, Indiana, Kentucky, Mississippi, Montana, Nebraska, North Carolina, Ohio, and Oklahoma will see reductions, according reports.

The tax-filing season officially kicked off on Monday. Investors should watch their mailboxes for key documents they'll need ...

About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are on a path to do so, if their ...

August personal income rose 0.4% MoM, driven by service sector wages and transfer payments, but real income growth excluding transfers remains sluggish. Personal consumption expenditures outpaced ...

West Virginia Gov. Patrick Morrisey said Monday he will ask the Legislature to approve between a 5% and 10% cut in personal income tax rates. (Photo by Steven Allen Adams) CHARLESTON – With personal ...

June's personal income and spending growth were soft, with both rising just 0.3% MoM, falling short of expectations. Headline and core PCE inflation accelerated to 0.3% MoM, with goods prices rising, ...

A proposal to cut Massachusetts' personal income tax to 4% would cost the state government an estimated $5 billion a year in ...