Income Tax Cut Expected to Be a Top Priority

Lawmakers on both sides of the aisle prepare to discuss tax cuts in 2025 legislative session, starting Wednesday
As lawmakers prepare for the first day of the legislative session Wednesday, Republicans and Democrats both want to lessen the financial burden for Missourians. Both parties think tax cuts could be a solution,
Income tax cut expected to be a top priority as Kentucky lawmakers convene for a 30-day session
Kentucky’s Republican-dominated legislature has convened to start a 30-day session that's expected to include action to reduce the state’s individual income tax rate.
Not total déjà vu, but Kentuckians can expect another income tax cut
Republican supermajorities in the Kentucky General Assembly are expected to begin the 2025 legislative session the same way they began the 2023 session with a popular bill that will cut the state income tax rate by one-half of 1 percentage point.
Missouri lawmakers prepare to discuss tax cuts in 2025 legislative session, starting Wednesday
Wednesday starts a new legislative session in Missouri, with new leadership and priorities. The Missouri House of Representatives and Missouri Senate will convene for the first time this year at noon, and newly elected lawmakers and leadership will be officially sworn in.
Kentucky lawmakers pass session rules, introduce income tax cut on opening day
State lawmakers met in Frankfort on Monday to begin the 2025 legislative session — welcoming new members, introducing legislation and arguing over their own rules and procedures.
Tax cut, anti-DEI & more: 5 things to watch for in the 2025 Kentucky legislative session
Republicans hold four-fifths majorities in both chambers of the legislature, enough to easily override any of Gov. Andy Beshear’s vetoes. What are their priorities?
Tax bracket changes could mean your paycheck is slightly bigger in 2025 — here's what to know
The IRS in October announced the federal income tax brackets for 2025, which raised each income threshold by roughly 2.8%.
These are the requirements to receive up to $8,046 for the Earned Income Tax Credit refund (EITC)
There are a number of factors involved when determining eligibility for the tax refund which is one of the largest in the ...
Number Of Flat And Zero Income Tax States Grows As 2025 Begins
The trend of states moving toward lower and flatter income tax rates has continued apace in 2024, is poised to persist into ...
Map Shows 9 States Where Income Tax Is Cut For 2025
The number of U.S. states which have introduced a flat individual income tax rate has grown significantly in recent years. In ...
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Budget 2025: Will new income tax regime steal the spotlight again?
The upcoming budget may focus on the new income tax regime yet again to increase its appeal compared to the old tax regime.
New Year’s Income Tax Relief For North And South Carolinians
North and South Carolinians are among the relatively small subset of Americans who are poised to see both their state and ...
What is a national consumption tax? Here's how it differs from income tax.
Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes ...
Iowa's income tax rate is dropping on Jan. 1. Here's how much and what that means:
Iowans may begin to see some changes right away in 2025 as employers withhold less money from their paychecks to account for ...
Federal Income Tax Calculator: Estimate Your Tax Liability
Use our federal income tax calculator to estimate your liability for tax year 2024. Input your income, deductions, and other ...