State Rep. Travis Weaver, who represents Illinois' 93rd district, proposed a state income tax exemption for players on their NIL earnings. The state's 5% tax wouldn't kick in on athlete's first ...

There's been a lot of talk lately about taxing the wealthiest Americans more to bring more equity to the tax system in the ...

About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are ...

Economists’ estimates vary, but the new average effective tariff rate as of April 7 is higher than it has been in almost a ...

President Trump has repeatedly called tariffs "the most beautiful word in the dictionary." NPR's Word of the Week explores ...

Politicians and economists say President Donald Trump’s “Liberation Day” tariff rollout amounted to a historic tax increase ...

The trade war President Donald Trump promised has begun, threatening the world economy and straining the United States’ ...

Republican Mississippi Gov. Tate Reeves recently signed a law gradually reducing the state’s income tax rate from 4% to 3% by 2030 and setting state revenue growth benchmarks that could trigger ...

Leaders with CEFCU did not specify why the credit union’s tax status could be at stake. CEFCU serves over 400,000 people in ...

Pritzker's comments were a stark reminder of the challenging budget cycle confronting state lawmakers this spring.

Those who file Illinois tax returns electronically and select to have a refund directly deposited into a checking or savings ...