Marginal vs. effective tax rates are two ways to express the percentage of your income that goes to tax. But they're each ...

According to the nonprofit Tax Foundation, eight states enacted income tax cuts or expanded tax breaks for 2026 — reflecting ...

The Internal Revenue Service has released its new marginal tax rates for next year. For 2025, tax adjustments will generally apply to income tax returns to be filed starting in the 2026 tax season.

The Tax Cuts and Jobs Act (TCJA)—passed in 2017 during the first Trump administration—wasn't really a tax cut in practice. It ended up functionally raising taxes on a lot of people. While it did lower ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. More than half of all state legislatures enacted income tax cuts ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. Tax cuts will take effect in a number of states and localities on ...