Currently, 14 states have adopted flat rate personal income tax structures, though graduated systems remain more common.

The U.S. tax code has become increasingly complex, leading many to rely on software for filing. The author suggests a simpler system: a flat 10% tax on all income, similar to the biblical tithe.

Further state income tax relief expected in March after a tax cut-filled February in statehouses across the country.

Discussions about taxes often prompt questions about the viability of a flat tax. I’m a huge proponent of making the tax code as simple as possible, but calculating taxable income has ...

A 4.7% flat income tax rate and corporate tax cuts were among major tax changes passed through the House on Wednesday. House Bill 798 is an omnibus tax reform bill. The bill’s sponsor, Rep.

This is a common misconception about how marginal rates work. Marginal Tax vs. Flat Tax While most developed nations now use marginal tax rates, some countries have a flat tax system where all ...

The plan slashes the individual income tax and corporate income tax, eliminates the capital gains tax, and more.

A new report from the Tax Foundation shows the typical Illinois taxpayer will save big thanks to the constitutional protections of Illinois’ flat tax. Some state lawmakers want to take that protection ...

Kentucky offers a low cost of living and favorable tax policies. Here's what you need to know about Kentucky retirement.

Could a flat, 10% income tax actually work in America? When I first started out in the business world, I did my taxes by hand. But due to the increasing complexity of the tax code — and my life ...