Several already impose “millionaire taxes,” designed to raise additional revenue from the highest-income residents.

Here's what you should know about income tax, what it is, how it works, how to calculate it and which states don't have it.

Hawaii is the state with the highest tax burden, meaning the state with the highest proportion of residents' income going to state and local taxes, new analysis shows. In a report published on April 1 ...

The tax season is just around the corner. It's never too early to get started. January is a big month for the letter R, with resolutions, resets and tax returns demanding our attention. While it's ...

Editor’s note: This story was updated on May 17, 2024, to correct problems with the source data, which impacted the tax burden rating of several states. (NEXSTAR) – Tax season isn’t really fun for ...

A recent report has revealed which states’ taxes are the most competitive relative to other states, based on those that impose the lowest rates while maintaining a structure that is simple and ...

The new Act reduces complexity by cutting sections from 819 to 536 and chapters from 47 to 23. It applies to income earned ...

The Missouri General Assembly gaveled into its 2026 legislative session Wednesday afternoon. The House of Representatives ...

Some states tax Social Security benefits while others don't. See the map to find out if your benefits will be affected in ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Editor’s note: This story was updated on May ...