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Shortly before midnight, Ohio Gov. Mike DeWine signed the state's two-year budget, including an income tax cut for high earners and $600 million for the Cleveland Browns' new domed stadium.
President Donald Trump signed into law a sweeping tax and spending package that significantly raises the federal excise tax on Harvard’s endowment income on Friday — a move that could cost the ...
With the GOP’s “big, beautiful bill” headed to President Trump’s desk, wealthy Americans are poised to receive significant tax breaks partly offset by steep cuts to social welfare programs.
The sweeping domestic policy bill that passed the House on Thursday will boost the standard deduction for senior citizens by $6,000 from 2025 through 2028.
Will you get any benefit from tax break on OT, tips in New Jersey? What the big beautiful bill means.
Ohio's new $60 billion budget creates a 2.75% flat income tax for everyone. Discover how these major changes will affect your family's finances.
Even Sky-High Income Tax Rates Won’t Stop the Relentless Rise of the Richest Tackling America’s wealth gap will require more powerful tactics.
Opinion A signature GOP issue is omitted from Trump’s ‘big’ tax bill. Weird. The ‘death tax’ is already dead. That’s why Republicans stopped trying to kill it.
But they might not stop at a flat tax. In Why it Matters, we explain the years it took to get to this point, and why some want to move even further and eliminate Ohio’s personal income tax.
Metro will publish the new income thresholds by Nov. 15 each year. Inflation indexing applies only to the personal income tax portion of SHS, not the business tax.
Kentucky does have an income tax, but they don’t include Social Security income in this category. Therefore, retirees don’t have to worry about paying taxes on their Social Security.
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