Senate Bill 1 would reduce property taxes through caps on increases, as well as upping the standard homestead deduction.

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

In the latest of his many attempts to curb Texas' high property taxes, Republican Governor Greg Abbott wants to give the state's homeowners the power to weigh in on every hike. It's a move that ...

We have data showing the most in-demand jobs so far in 2025 and how much they pay. Also in Money today: farm shop owner Stephen Fuller explains what it's really like being a butcher - from salary to ...

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

The Budget 2026-27 also seeks to rationalise TDS/TCS provisions to alleviate compliance challenges and other relevant changes ...

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

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...

High-income earners, retirees and the wealthy have the most to gain from no state income tax, local experts said. Low and ...