With a median income income hovering around $75,000 in the United States, some of the shrinking middle class is moving to the upper class. The share of income held by the middle class fell from 61% in ...

Personal income tax rates for the middle class in New York state have fallen by greater amounts in other years. Hochul has repeated this claim, but her staff told PolitiFact that she meant to say the ...

CITYWIDE — Mayor Eric Adams announced his plan to “Axe the Tax for the Working Class,” a proposal to bring New York City Personal Income Tax relief to working-class families. “This ambitious plan will ...

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 ...

Income taxes may seem like one of those unchangeable facts of life that you just have to deal with as long as you work. However, one of President Trump’s tax reform proposals is to consider doing away ...

In Washington, facts are often the first to fall victim to political agendas—and few issues highlight this better than the ongoing debate over President Trump’s 2017 Tax Cuts and Jobs Act (TCJA). As ...

President Donald Trump has floated a dramatic change to the U.S. tax system: eliminating federal income taxes and relying more heavily on tariffs. Learn More: Trump Wants To Replace Income Taxes With ...

New York has the highest tax burden in the US and is the fourth most expensive state to live in. Gov. Kathy Hochul proposed a $3 billion inflation rebate funded by sales tax revenue. A permanent sales ...