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 ...

In Washington, facts are often the first casualty of politics. Nowhere is that more apparent than in the debate over the Tax Cuts and Jobs Act (TCJA) of 2017 — President Donald Trump’s signature tax ...

Depending on where you fall on the income scale, California may not actually be that high tax of a state. For many in the middle class and below, California may let you keep more of your hard-earned ...

The wealthiest families in most states are paying lower tax rates than everyone else, a new analysis found. The new study conducted by the Institute on Taxation and Economic Policy analyzed the tax ...

The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, expired on Dec. 31, 2024. As Trump and Republicans prepare to negotiate new tax cuts in ...

Taxpayers in the Northeast are carrying some of the heaviest financial burdens in the country, according to a new study unveiled ahead of the 2025 filing deadline. WalletHub released its 2025 list of ...

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 ...

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 ...

Piles of academic studies show that tax policy impacts where people choose to live. In general, states with lower tax rates attract more businesses and residents. A new study from the Buckeye ...

The Florida tax system is the most unfair on the poor in the entire country, according to a new study, with the lowest-income 20 percent in the state paying much more of their income in taxes than the ...

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