A flat tax would reduce the IRS' workload, allowing for tax collection with only a fraction of the current 100,000 IRS ...

Currently, interest on fixed deposits (FDs) is taxed annually at individual income slab rates (5–30%), with exemptions up to Rs 10,000 for savings accounts.

The bill doesn’t adjust the income tax rate for Ohioans who make anywhere between $26,700 and $102,400, since they already fall within that 2.75% bracket.

I sympathize with Richard Klitzberg’s reasons for a flat tax (“Congress Keeps the Tax Code Overly Complex for a Reason,” Letters, Jan. 14), but keeping it simple is very complicated.

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

Nine states are cutting individual income tax rates, and some are shifting toward flat tax rates. State income tax rates are significant because state and local taxes are often among people's ...

A group that advocates for tax cuts is holding a rally at the Missouri Capitol on Tuesday ahead of a House committee hearing ...

WASHINGTON, Jan 17 (Reuters) - The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ... 2017 individual tax cuts expire ...

Kathy Hochul. The result would be a flat tax imposed on betting handle and an end to the nearly century-old system in which horse racing bettors see their winnings rounded down instead of ...

Currently, cryptocurrency gains in Japan are subject to progressive taxation, with rates climbing as high as 55%, depending on an individual’s income bracket. This has been a major deterrent for ...