In Las Vegas speech, Trump floats eliminating federal income tax 'if the tariffs work out'
President Trump said the U.S. could possibly eliminate the federal income tax if his tariff plans work out as intended. "If the tariffs work out like I think, a thing like that could happen, if you want to know the truth," he said. "Years ago, 1870 to 1913, we didn't have an income tax. What we had is tariffs."
Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.
Union Budget, Finance Minister Nirmala Sitharaman offered a glimmer of hope by announcing a six-month review of the 1961 Act.
More than half the state legislatures enacted income tax cuts over the past several years and it's clear this trend will ...
Representative Bishop Davidson and Senator Curtis Trent spoke at the event hosted by Americans for Prosperity. The group is ...
Taxpayers and experts are anticipating that the upcoming budget will include a comprehensive revamp of the income tax system, ...
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It's too late for Waymart Borough Council to revisit the 2025 budget and add a tax. A deficit led council to cut police hours ...
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Mississippi House leaders have unveiled a tax cut proposal that would eventually abolish the state income tax, slash taxes on ...
The sumptuary allowance for judges as defined under the Supreme Court and High Court Judges Acts is exempt from being treated as income under the Income Tax Act, 1961. However, for other judicial ...
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