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MADISON – About 1.6 million Wisconsinites would pay lower income taxes under a $1.3 billion tax cut plan approved June 12 by Republicans on the Legislature's powerful budget-writing committee.
The quarter-point cut will reduce Oklahoma's income tax rate to 4.5% for most earners, while costing the state between $160 million and $300 million a year in lost revenue, according to varying ...
That tax cut is not limited to first-home buyers. It was extended for an additional 12 months, to October 2026, as part of last week's state budget.
Trump's GOP tax cuts included in the One Big Beautiful Bill Act are projected to cost $3.8 trillion over the next decade. But the tab is likely closer to $5.3 trillion.
OKLAHOMA CITY — A bill to cut income taxes paid by Oklahomans has been passed and sent to Gov. Kevin Stitt for his signature. House Bill 2764, which earlier had passed through the House on a 74 ...
The legislation isn’t final, but as drafted so far, it would boost after-tax incomes of the top income quintile by 3.7% and incomes of the bottom quintile by just 0.6%. Trump openly mused about ...