Today the U.S. House of Representatives debated H.R. 4, the Jobs for America Act. Among addressing multiple issues, the bill would make permanent Section 179 small business expensing, 50 percent expensing, and repeal the...
- Map: Top Marginal State Income Tax Rates, Tax Year 2011
Map: Top Marginal State Income Tax Rates, Tax Year 2011
- Average wage earners in the United States face two major taxes: the individual income tax and the payroll tax (levied on both the employee and the employer).
- Although a little more than half of a worker’s...
- Legislation currently being considered in Illinois would amend the state constitution to allow for a graduated-rate individual income tax. Plans being discussed would move Illinois from a single rate...
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