ARLINGTON HEIGHTS, IL (April 8, 2025) – Since its passage in 2017, the Tax Cuts and Jobs Act (TCJA) has faced persistent criticism for allegedly favoring the wealthy at the expense of working families ...

The rich are different from other people — and that also applies to the share of their income they pay in taxes, according to a new study from University of California, Berkeley, economists. The ...

New York and New Jersey lost $140 billion in income in just one decade. Call it moving van economics — and New York and New Jersey are the losers. A new analysis from my organization, Unleash ...

In 2017, President Donald Trump and a Republican controlled Congress successfully enacted the Tax Cuts and Jobs Act (TCJA) into law. (The majority of its provisions took effect in 2018.) According to ...

Tariffs imposed by President Donald Trump are expected to raise costs on products for U.S. consumers. However, tariffs would hurt lower income households with a minimal impact on the top one percent ...

As far as taxes are concerned, not all states are created equal for retirees. Some states offer significant benefits, including lower income taxes, no taxes on Social Security benefits and property ...

The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full credit because their parents have low wages or lack ...

People who pay more in taxes could be less likely to die from cancer. The link was revealed in a new study published in JAMA Network Open, which aimed to explore how state-level tax revenue impacts ...

Georgia lawmakers are considering eliminating the state income tax, a move advocated by Lt. Gov. Burt Jones. Eliminating the income tax, which makes up 56% of state revenue, would require finding ...

Many Americans could see heftier tax refunds next year when they file their 2025 tax returns, largely due to new provisions enacted through the Republicans' "one big, beautiful bill" act that are ...