During the campaign, President Donald Trump floated an “all tariff policy” to replace the federal income tax. Here’s what ...

Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...

In addition to investing in child care, Gov. Ned Lamont's $55.2 billion, two-year budget proposal will include a $50 income ...

Net Interest Income increased $3.4 million, or 3.8%, to $91.8 million for the year ended December 31, 2024, from $88.4 million for the year ended ...

Gov. Ned Lamont’s proposed $55.2B budget would reform CT’s ‘fiscal guardrails’ and launch a major early childhood development ...

Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...

Depending on the type of savings bond you have, there are different ways to cash in. Find out how to cash in savings bonds ...

So is the CBO now suggesting they were wrong all along by admitting that the Laffer Curve really worked? And lower tax rates produced higher tax revenues? That's what their new forecast seems to be ...

Several tax breaks, including the Child Tax Credit, may face reforms or be cut entirely as lawmakers seek revenue for Trump’s ...

First quarter revenue was $90.8 million in fiscal 2025 versus $97.9 million in fiscal 2024, primarily reflecting small ...

This year, 39 states had notable tax changes, with some that began on Jan. 1, and others set to take effect on July 1. Nine of these states cut their individual income tax rates for 2025. The most ...