Taxpayers can begin filing individual income taxes in North Carolina with the state Department of Revenue and federally with ...

The Economic Impact of State Income Tax EliminationDownload Executive Summary For years, no-income-tax states like Texas, Tennessee, and Florida have ...

Nine states are cutting individual income tax rates in 2026, potentially leaving residents with more take-home pay to save, ...

Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and farm income. Consumer spending also dipped, with personal consumption ...

Several states are lowering their individual income tax in 2026. Georgia, Indiana, Kentucky, Mississippi, Montana, Nebraska, North Carolina, Ohio, and Oklahoma will see reductions, according reports.

Will President Trump replace the income tax? If so, here are three states that may suffer the most. California stands out ...

July 31 (UPI) --The Federal Reserve's preferred inflation gauge rose more than expected in June, according to a report by the U.S. Bureau of Economic Analysis released Thursday. The personal ...

August personal income rose 0.4% MoM, driven by service sector wages and transfer payments, but real income growth excluding transfers remains sluggish. Personal consumption expenditures outpaced ...

Only a few states in the union currently do not levy an individual income tax, a factor that is known to appeal to many Americans living in heavily taxed states and which can drive significant ...

President Donald Trump has suggested the U.S. could join the list of countries whose residents pay no income tax as he touted the effectiveness of tariffs to generate funds for federal coffers. Trump ...