The highest earners in Wyoming, South Dakota and Texas stand to get a tax cut of more than $100,000, according to the ...

A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...

What's in President Donald Trump's "One Big Beautiful Bill" and how will it affect New Mexicans? For some it will mean tax cuts, for others it could mean life and death. Here's a list of all the ways ...

The Senate advanced Trump’s priorities, which Republicans have been calling the One Big Beautiful Bill. Here’s how it could ...

A person making $50,000 a year, for example, would pay $1,425 in state income tax in 2030 if the rate is reduced to 2.85%, compared to $1,450 in 2029 at the 2.9% rate — a difference of $25, or ...

Under Reynolds’ new plan, top state income tax rate would be eliminated each year over the next four years, until in 2026 every Iowa worker, regardless of income level, pays 4 percent.

Brandt had a reasonable — and simpler — way for the state to dig out of its budget hole, which was to drop the income tax rates to 4.99% instead. Later, he said, when the state has the money ...

The bill reduces the state’s top marginal personal income tax rate from 4.75% to 4.5%, eliminates three tax brackets and includes a “path to zero” income taxes.

These state income tax rates apply to income earned in 2025, which is reported on tax returns filed in 2026. To learn more about how your state income tax rates work, visit your state’s taxation ...

Tax rate cuts would be triggered if income tax revenue to the state grows by at least 5%. The plan would keep an additional $200 million out of state coffers each year. Under the new plan approved ...

Taxes are a part of life, but that doesn't mean you shouldn't try to minimize your tax bill. Each U.S. state taxes its residents differently, including 13 that don't tax retirement income at all.

4. South Dakota The home to Mount Rushmore is another state where your income can potentially stretch a bit farther. South Dakota has no state income tax, and its state-levied tax is just 4.5% ...