There is no evidence Bessent made the X post attributed to him. The account shown has been suspended, and no credible news reports support the claim.

Mainstream economists and the media “warn” us about the dangers of “income inequality.” But is income inequality really an ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

On a long list of unconventional policy ideas from President Donald Trump, replacing personal income taxes with tariffs on ...

During the campaign, President Donald Trump floated an “all tariff policy” to replace the federal income tax. Here’s what ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 federal tax returns, they can expect technological upgrades, customer-service ...

Lewiston police stopped a vehicle leaving 100 College Street last Thursday, with one of the occupants getting out and fleeing ...

earned income tax credit and credit for the elderly or disabled. Adding on filing options for schedules 1, 2 and 3 means H&R Block lets you cover a host of other tax bases too. Those with more ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Understanding your tax bracket and ...

Ted Cruz, R-Texas, reintroduced the No Tax on Tips Act, a bipartisan bill he first pushed last year that aims to exempt tips made by service workers from federal income taxation. The text of the ...