Income tax is the most important revenue stream for the federal government, which allows it to function every year. The history of income tax in the United States has a deep meaning originating from ...

More than a million Connecticut tax filers can expect a reduction in their state income tax rates in the new year. The largest income tax reduction was approved by lawmakers in the state budget passed ...

When California took its first breath of statehood in 1850, the fledgling state had to quickly find a way to support itself, ...

A ballot question backed by the Pioneer Institute and Mass High Tech Council would reduce the state income tax rate from 5 percent to 4 percent over a three-year period — a cut, opponents say, that ...