U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class ...

President Donald Trump has continually suggested that he may abolish the federal income tax, replacing its revenues with those generated by the institution of high tariffs upon America’s trade ...

President Trump paid $31 million due to the alternative minimum tax, a flat minimum tax for taxpayers above a certain income level. Trump has been campaigning to eliminate the AMT. More from ...

ISLAMABAD: The Cabinet will soon abolish 3 to 7 percent ... under section 181A of the Income Tax Ordinance on the date of acquisition of the property. The FED is 5 percent of the gross amount ...

The government has decided to immediately abolish the 3% federal excise duty (FED) being charged on the first sale of all properties in Pakistan after July. This reverses a contentious tax measure ...

President Donald Trump has predicted that his tariffs could raise as much as $6 trillion over the next decade in federal ... tax cuts. If that is the case, then the net impact of the tariffs could ...

the Alcohol and Tobacco Tax and Trade Bureau (TTB) have all taken turns. But one thing hasn't changed: The FAA Act still remains the main authorizing legislation empowering the federal government ...

The City of Austin is looking at a $33 million shortfall in next year’s budget, forcing city leaders to tighten the spending belt.

Under tax plan introduced by South Carolina House Speaker Murrell Smith (R), the state would go from having the region's highest income tax rate to the nation's lowest.