President Donald Trump rolled out the idea for a new tax break on car loans during a 2024 campaign stop in Detroit. Here's ...

Keep your eye on one thing and one thing only: how much the government is spending. Because that is the true tax.” – Milton ...

Washington — A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred ...

Zohran Mamdani, a democratic socialist, is a leading candidate for mayor of New York. He wants to tax the rich. Business ...

United States (2024) ... which includes unrealized gains on stocks and other investments. As of 2021, the tax rate is relatively low at 0.85% and applies only to fairly high levels of wealth.

Here’s a look at the 10 states with the highest property tax rates in the United States. New Jersey. Effective property tax rate: 2.23%; State median home value: $427,600; ...

Effective property tax rate: 0.26% of home value Annual state and local property tax collections: $1,608 per capita (23rd lowest of 50 states) Median home value: $846,400 (the highest of 50 states ...

Moving to a flat income tax with only one rate is one way to make it easier for people to comply with the tax code, saving them time and money. Indiana, for example, has a flat rate of 3.05% and ...

Nearby states of Wisconsin, Iowa, Kansas, and Nebraska also had elevated property taxes, mostly within the 1.25% to 1.5% range, with a few enclaves going above that benchmark.

Raising tariff rates high enough to try and replace income taxes could end trade with the United States, said Wendy Edelberg, a former chief economist at the Congressional Budget Office.