The 2026 tax year brings lower tax rates or expanded tax breaks to residents of these states.

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.

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 ...

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 ...

As of Jan. 1, 2025, 10 states changed their income tax codes. Nine of those states reduced their tax rates, and one no longer taxes earned income. Find out what that means for you. Get personalized, ...

It almost ALWAYS makes sense economically to make more money. Only if the tax rates were above 100% would it not make sense to earn more money.

New York’s democratic socialist mayor, Zohran Mamdani, grabs headlines for trying to raise taxes on the rich. His city currently has the highest top marginal state and local income tax rate in the ...

Proposed Virginia tax hikes would put it on par with other high-marginal income tax states including California and New York, says a new Tax Foundation analysis.