And that's why the flat-tax plan would eliminate the federal standard deduction when calculating state-taxable income, replacing it with a smaller state deduction. Right now the income that South ...

South Carolinians would keep more money in their paychecks, but get a smaller refund when they file their taxes in 2027.

U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class American? “Donald Trump announced the External Revenue Service, and his ...

Eight million federal student loan borrowers are waiting for the courts to decide if their repayment plan is legal at the ...

Republicans are trying to pass a bill to cut taxes by $4.5 trillion by reducing government spending by $2 trillion, including ...

Dave Rader that would establish a flat 4.75% income ... Head-of-household tax filers would be able to claim a deduction of $19,225. No deduction would be allowed for federal income taxes paid.

NPR has spent the past few weeks catching up with student loan experts and asking the Trump administration for clarity on ...

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 ...

San Francisco Federal Reserve Bank President Mary Daly still sees two interest-rate cuts this year as a "reasonable" projection, but the recent plateauing of inflation progress gives her less ...