income tax

Democratic Gov. Andy Beshear has signed a Republican-sponsored bill that would cut the state’s income tax by another half a percentage point in 2024.

Kentuckians are a step closer to another income tax cut after Republicans passed a measure out of the state House of Representatives on Thursday, despite concerns that the move will hobble the state’s ability to generate revenue, especially during a recession.

With the 2023 Kentucky General Assembly in full swing, taxpayers are starting to get an idea of what their legislators have in store.

In January, Kentuckians will start paying less in income taxes after the Republican-led Legislature passed a bill reducing rates from 5% to 4.5%.

Republican lawmakers unveiled a bill that would reduce and eventually eliminate the income tax, a move critics say would hurt poor people.

Illinois Gov. J.B. Pritzker on Wednesday delayed the deadline for filing state income tax returns by three months as officials reported the state’s…

Advocates of Illinois Gov. J.B. Pritzker's graduated income tax are planning to take it to a vote in the state Senate.The plan to replace the state's 4.95…

The Illinois House has endorsed the idea of switching to a graduated income tax.Democrats who control the House voted 61-52 Tuesday on a resolution…

Many Kentucky residents would pay less in state income taxes under a proposal moving through the state legislature.A deal announced Monday by Republican…

In a video played for business leaders, Gov. Matt Bevin called for a variety of changes to the state tax code, including lowering corporate income tax and…