Washington Examiner, Elaine Mallon, 3/28/25 SOURCE: https://www.msn.com/en-us/money/markets/mississippi-eliminates-state-income-tax/ar-AA1BR33r?ocid=msedgntp&pc=U531&cvid=580a0b924f034999bc209ffa287cea22&ei=37 Gov. Tate Reeves (R-MS) signed legislation Thursday eliminating the state’s income tax. “Today is a day that will be remembered not…
Moneywise, Vawn Himmelsbach, 3/28/25 SOURCE: https://www.msn.com/en-us/money/markets/trump-wants-to-abolish-the-irs-and-replace-federal-income-tax-revenue-with-tariffs-on-imports-how-would-such-a-move-affect-middle-class-americans/ar-AA1BQ9wt?ocid=msedgntp&pc=U531&cvid=9369c2d1a7454974ae954b8780730008&ei=87 U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average…
Story by Jared Dillian, Reason, 3/17/25 SOURCE: https://www.msn.com/en-us/money/personalfinance/new-income-tax-proposal-is-progressive-and-unworkable/ar-AA1B5HLh?ocid=msedgntp&pc=U531&cvid=8d353448c01c40e292a868a99a3305ac&ei=32 Secretary of Commerce Howard Lutnick recently announced on CBS News that the Trump administration wants to eliminate income taxes for…
Story by Kerra Bolton, GoBankingRates, 2/22/25 SOURCE: https://www.msn.com/en-us/money/other/trump-wants-to-eliminate-income-taxes-5-ways-this-could-impact-your-salary-in-2025/ar-AA1xQobm?ocid=msedgntp&pc=U531&cvid=50ff32d7b26c4e97aeeab3522f9ac74d&ei=39 During President Donald Trump’s successful campaign bid last year, he proposed eliminating individual income taxes for all Americans and paying…
Story by Victor Reklaitis, Marketwatch, 2/8/25 SOURCE: https://www.msn.com/en-us/money/other/trump-says-america-was-at-its-richest-in-the-late-1800s-here-are-the-facts/ar-AA1yExIv?ocid=msedgntp&pc=U531&cvid=393a35069cf3442a9d16ed62813f9cda&ei=50 As President Donald Trump promises that more tariffs will be coming, he has pointed to history to explain…
Story by Kevin Harrish, Next Impulse Sports, 1/28/25 SOURCE: https://www.msn.com/en-us/money/taxes/donald-trump-set-to-eliminate-income-tax/ar-AA1xZqxW?ocid=msedgntp&pc=U531&cvid=9b418a87e20d43e2a9c68b943fe080f2&ei=12 Professional athletes throughout the United States often face enormous federal income tax payments to go along…
Story by Caroline Bruckner, American University Kogod School of Business, The Conversation, 9/14/24 SOURCE: https://www.msn.com/en-us/money/taxes/how-do-9-states-get-by-with-no-income-tax-a-tax-expert-explains-the-trade-offs-they-choose/ar-BB1qxV5T?ocid=msedgntp&pc=U531&cvid=1c51da536a6d46409386f87961ccf234&ei=160 EDITORIAL: “When residents choose to live in a state, they…
Story by Chris Kissell, Money Talks News, 8/12/24 SOURCE: https://www.msn.com/en-us/money/taxes/irs-failed-to-hold-tax-evading-employees-accountable-report-finds/ar-AA1oEQbT?ocid=msedgntp&pc=U531&cvid=7e1ddb52606e480690d0ed2d15c26b0e&ei=15 The IRS recently made a big splash by announcing it had collected more than $1 billion from…
Story by Roxanne Grant, Debt.com SOURCE: https://www.msn.com/en-us/money/taxes/how-does-the-irs-find-out-about-unreported-income/ar-AA1jJ1Th?ocid=msedgntp&pc=U531&cvid=35ba7dc4a4b948d69196747ba6a336fb&ei=81 The IRS has ways of discovering what you make, even if you don’t report that information yourself. You…
Story by Caleb Naysmith, Benzinga, 4/17/24 SOURCE: https://www.msn.com/en-us/money/news/irs-leaks-and-critical-safeguard-weaknesses-leave-millions-of-americans-sensitive-data-at-risk-as-agency-fights-for-more-funding/ar-BB1lMV4V?ocid=msedgntp&pc=U531&cvid=fb35a0671d6a43b284b7c0a2aab99491&ei=55 Benjamin Franklin said, “Nothing is certain except death and taxes.” The IRS processed 162 million federal individual…
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