State Income Tax

INDIANAPOLIS (AP) — Indiana's General Assembly got off to a quick start Monday with Republican leaders promising to focus on workforce development and Democrats seeking a two-year moratorium on divisive social issues. House Speaker Brian Bosma, R-...

INDIANAPOLIS (AP) - Gov. Mike Pence used his first State of the State address Tuesday night to lobby for a personal income tax cut, an expansion of Indiana's school voucher system and improved vocational training. The new Republican governor highlighted...

INDIANAPOLIS (AP) — A new report on Indiana's local income taxes urges state legislators to simplify a system that has seven types of taxes and a two-year lag before the money collected is distributed to local governments. The Indiana Fiscal Policy...

INDIANAPOLIS (AP) — A new study of Indiana's business tax structure suggests the state's tax code discourages the small, home-grown businesses often considered the engines of job creation. The Ball State University study found several tax code...

LANSING, Mich. (AP) — When Michigan lawmakers raised the state income tax in 2007, they required the tax to start dropping in 2011. Now Gov. Rick Snyder must decide: Does he stick with letting the income tax drop a tenth of a percent in the budget...

SOUTH BEND — Wasting no time, St. Joseph County Council member Mike Hamann filed paperwork today declaring his candidacy for mayor of South Bend. At the same time, the Democrat announced a proposal to cut the county wheel tax by 50 percent....

SPRINGFIELD, Ill. (AP) — Illinois Democrats are fighting the clock to solve the state's massive budget problems with an equally massive tax increase. They want to boost the personal income tax rate temporarily by up to 75 percent, pushing the...

LANSING, Mich. (AP) - Gov. Rick Snyder is taking on everyone from senior citizens to state workers, public schools to city halls in his first budget proposal as he works to get Michigan on sound financial footing. The new governor made good on his...

ATLANTA (AP) -- Companies run by Republican presidential candidate Newt Gingrich have faced overdue tax bills in four states worth more than $6,000, according to records reviewed by The Associated Press. One of Gingrich's now-defunct businesses faced...

Recently my mother passed away and left my sister and me her $300,000 IRA. We met with her advisor and she suggested that we should divide the IRA into two equal portions and roll them over to my sister and me. She explained that neither of us would owe...

Gov. Pat Quinn added a new wrinkle Thursday to his current proposal for raising income taxes by 33 percent, saying that if it succeeds, he would ask school districts to cut property taxes in return. "If you get additional new money from Springfield, from...

Two years ago on their night of infamy, 1/11/11, General Assembly Democrats — and exclusively Democrats — voted to raise the Illinois personal income tax rate by 67 percent. Many Illinoisans have been furious about that sop to chronic...