"The state isn't going to raise any money, but that doesn't mean it's going to be net neutral for each person," Eli ...

Microsoft avoided federal income tax on almost all of its U.S. income for fiscal year 2026. The company’s 2.44 percent ...

It’s pretty clear these two things are potentially at odds,” said Matthew Gardner, senior fellow at the Institute on Taxation ...

Many states have repeatedly cut top personal and corporate income tax rates in recent years, sometimes while approving ...

The QSBS exclusion allows investors who buy stock in a “qualified business” to write off as much as 100 percent of their ...

Over time, some states have slashed corporate and personal income taxes while also raising the sales tax rate. In 11 states, ...

Missouri voters are facing a major decision at the ballot box next week on Amendment 5, which would amend the state ...

Corporate tax disclosures reveal that five profitable airlines paid almost nothing in federal income tax last year. In 2025, the effective federal income tax rates of these airlines ranged from 1.07 ...

Shoppers are especially focused on value and spacing out purchases as they shop for back to school this summer, but overall ...

A former Democratic senator from Nebraska has joined Saving America’s Family Enterprises and taken up its cause of opposing ...

State legislators often lock themselves into a race to the bottom in pursuit of being labeled a “low tax state.” Analysis of data from the U.S. Census Bureau appears to lend support to Arizona’s ...

Almost one in five US tax dollars is collected by a local government, and taxes are the primary way local services are financed, although aid from federal and state governments is also a major revenue ...