Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. The first four weeks of 2025 have featured the introduction and ...
It felt groundbreaking when Shohei Ohtani did it with the Los Angeles Dodgers over a year ago. By the time Frank Vatrano did it with the Anaheim Ducks earlier this month, it was a certified California ...
Nothing is certain but death and taxes, as the saying goes, but some Americans will be paying less taxes in 2025. Residents of nine states will see their state income taxes go down in this year, ...
Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. Tax cuts will take effect in a number of states and localities on ...
For many Americans, November is much too early to start thinking about filing their tax returns. However, the IRS recently announced changes to the tax code that will affect earners throughout the new ...
The Tax Cuts and Jobs Act (TCJA)—passed in 2017 during the first Trump administration—wasn't really a tax cut in practice. It ended up functionally raising taxes on a lot of people. While it did lower ...
The "Big Beautiful Bill" fundamentally reshapes the tax landscape for high-income earners. The estate tax exemption jumps to $15 million per person, state and local tax deductions quadruple to $40,000 ...
Nothing is certain but death and taxes, as the saying goes, but some Americans will be paying less taxes in 2025. Residents of nine states will see their state income taxes go down in this year, ...
During the COVID-19 pandemic, millions of Americans packed up and moved — chasing sunshine, freedom and, let’s be honest, a lower tax bill. Fleeing from New York to Florida and California to Texas, ...
Nine U.S. states are lowering income taxes on Jan. 1, according to a recent Tax Foundation analysis — a move that could give some taxpayers additional financial breathing room as they head into the ...
Overall, the Big Beautiful Bill will harm poor Americans and raise the incomes of rich Americans—driving gains for the rich through cuts to marginal tax rates and the estate tax, along with tax breaks ...