Another state, South Carolina, has made a temporary income tax reduction permanent as of the same date. Newsweek contacted the Tax Foundation for comment by email on Friday. Income tax cuts are ...

This year, 39 states had notable tax changes, with some that began on Jan. 1, and others set to take effect on July 1. Nine of these states cut their individual income tax rates for 2025. The most ...

On Jan. 1, three U.S. states cut their corporate income tax rates, while one state raised corporate taxes by eliminating its lower income bracket. These states join nine others that cut income taxes ...

The state that scored worst overall was Illinois, where taxes represent about 13% of a median family’s income. Looking to move? These small cities, including 1 in Middle TN, are ‘up-and-coming ...

Kansas is no longer part of this list, and West Virginia is phasing out Social Security taxes, with no state income taxes on Social Security starting in 2026. “Each state has tax provisions that ...

Learn about the state's tax-free income, property tax breaks and more in this comprehensive guide. Discover the numerous tax benefits available to seniors and retirees in Georgia, including ...