Happy Tax Day! Thoughts on Taxes, What We Do Wrong, and What We Could Do Better
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GENIUS: Dem Suggests Tax Exemption For Blacks As Reparations, Then Worries About Those Not Paying Taxes
In an interview on “The Black Lawyers Podcast,” freshman Rep. Jasmine Crockett (D-TX) floated the idea of exempting black Americans from paying taxes as a form of reparations. “I don’t remember which celebrity, but it was actually a celebrity,” she said, recalling the proposal. “And I was like, ‘I don’t know if that’s not necessarily […]
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Bill phasing out corporate income tax, tax credits in hands of Missouri Senate
(The Center Square) – In the stack of more than 80 bills the Missouri House of Representatives voted to send to the Senate is an effort to phase out the corporate income tax and end tax credits. If the Senate passes House Bill 2274 as it currently is written, the corporate tax rate would decrease from 4% to 3% on Jan. 1, 2025, drop to 2% in 2026, 1% in 2027, and no corporate tax would be imposed in 2028 and thereafter. The bill was first read in the Senate in late March and no...
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How to reduce your taxable income and lower your tax bill
If you want to pay less in taxes, you need to look for ways to reduce the amount of income that is subject to them. Andrew Keshner, MarketWatch's tax reporter, breaks down how to lower your taxable income.