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The Latest Breaking News from Income Tax

States That Tax Social Security Benefits in 2026

Not all retirees who live in states that tax Social Security benefits have to pay state income taxes. Will your benefits be taxed?

Kiplinger

Greece introduces 2026 tax cuts aimed at families and young workers

Athens has lowered most income tax rates by two points and rolled out extra breaks tied to children and for younger workers, including zero income tax for under-25s earning up to €20,000.

Euronews

9 States with No Income Tax — Lower Your Tax Bills by Moving to These States

These nine states offer some relief from the high cost of living these days, with zero income tax. But beware that you're still on the hook for other taxes.

GOBankingRates

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5 States Where the Top 1% Pay the Least in Taxes

Find out which five states let the top 1% pay the least in taxes and what that means for wealth distribution and tax policy in the U.S.

GOBankingRates

MTG says Trump voters are so ‘fed up’ they are planning a tax revolt this year: ‘And rightfully so!’

Retiring Republican congresswoman Marjorie Taylor Greene expresses sympathy with MAGA discontent amid growing talk of income tax protest

The Independent UK

Scots Tory leader Findlay ‘not holding breath’ on budget deal

Scotland’s Finance Secretary will lay out the Government’s budget plans in January.

The Independent UK

‘Too many’ Americans struggle to understand basic tax concepts. Here’s why it’s a problem

A recent survey revealed that most Americans lack ‘basic tax literacy’

The Independent UK

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10 Best States for High-Paying Jobs and Strong Earning Potential

Discover the top U.S. states for high-paying jobs, strong wage growth and affordability.

GOBankingRates

I Asked ChatGPT How Billionaires Pay Hardly Any Taxes — Here’s What It Revealed

ChatGPT explains the buy, borrow, die strategy billionaires use to pay 3.4% tax rates while middle-class Americans pay 14%. All completely legal.

GOBankingRates

James Talarico says the biggest 'welfare queens' in America are 'the giant corporations that don't pay a penny in income taxes'

The 2026 Senate hopeful says major corporations cost taxpayers far more than social safety net programs.

Fortune

Bold company tax proposal still friendless after revamp

An alternative corporate tax proposal could have greater economic benefits if a requirement to be budget-neutral was removed, the Productivity Commission says.

AAP

Mamdani's Millionaire's Tax: Let the New York Exodus Begin?

Will higher income taxes drive the wealthy to flee New York in 2026?

Kiplinger

Trump's Plan to Eliminate Income Tax: 7 Things to Know Now

The potential consequences of eliminating taxes in favor of Trump tariffs could impact everything from inflation to Social Security and might give some U.S. taxpayers pause.

Kiplinger

Financial Expert: Here’s the Smartest Way Boomers Can Give Kids Tax-Free Money

Financial expert Lance Morgan reveals why $19,000 is the magic number for boomers helping their kids financially. Here's how the tax-free gift strategy works.

GOBankingRates

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news in one place.

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I Asked ChatGPT To Find the Best Places To Retire With Zero Sales Tax

Forty-five states have sales tax, which means five do not — good news if you're looking to cut down on how much you pay in taxes once you retire.

The Independent UK

Interest rate cut next week ‘nailed on’ as UK economy grows just once in seven months

Pre-Budget worries and speculation that chancellor Rachel Reeves would hike income tax has been blamed

The Guardian - UK

Reeves criticises budget leaks and says income tax decision taken ‘in partnership’ with PM

Chancellor defends budget but tells MPs there were ‘too many leaks’ and that and much of them were inaccurate

Evening Standard

Reeves: PM and I decided ‘as a team’ not to hike income tax

The Chancellor also said a leak revealing she had dropped plans for an income tax rise was ‘incredibly damaging’.

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Saving Advice

10 State Income Tax Adjustments Retirees Need to Review

State governments are rolling out new income tax adjustments, and retirees are among the groups most affected. These changes range from updated thresholds to new...

Kiplinger

Ask the Editor, December 5: Capital Gains and Tax Planning

In this week's Ask the Editor Q&A, Joy Taylor answers questions on capital gains tax rates and end-of-year tax planning

International Business Times UK

US Tax Refunds to Rise $675 on Average Next Year; Nearly 50% of Americans Plan to Use Them For Bills

Enhanced tax breaks under US President Donald Trump's One Big Beautiful Bill Act will boost federal income tax refunds next year by several hundred dollars.

We Got This Covered

Donald Trump promises to eliminate the income tax for every single American, but there is a catch

This can't be a real idea.

The Guardian - UK

Treasury launches inquiry into budget leaks with ‘full support’ of Rachel Reeves

It comes after major policies such as freeze on income tax thresholds were reported in chaotic build-up to budget

International Business Times UK

Trump Says There May Be No 'Income Tax to Pay' as POTUS Boasts Tariff Numbers

US President Donald Trump claimed that because of the high tariff revenues, there may not be a need to pay federal income tax.

The Conversation

The clock is ticking on a golden opportunity for real change in Australia

The May 2026 federal budget will mark one year since the Albanese government’s unexpected landslide win at the last election.

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