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Tax Rates - The Portugal News

According to the Tax Foundation, single-average wage workers in Europe were paying about one-third of their wages in taxes in 2022. 

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Trump Submits a Letter to the Editor to The Wall Street Journal

 

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How does US debt compare to that of other major countries?

National debt refers to the total amount of money that a government owes to its creditors with the level a constant challenge for fiscal policy to manage.

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What are the eight states that do not pay income tax and why?

There are a handful of states which have no income tax for residents to pay, but that doesn’t mean there are no taxes at all.

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Republicans Control the House But Can't Compromise on Someone to Lead It

To be the next House Speaker, Republican Rep. Kevin McCarthy can only lose 4 GOP votes. But at least 14 Republican lawmakers say they won't vote for him today.

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'Bracket Creep': Voters in These 22 States Could See Direct Tax Hikes Due to Inflation, New Analysis Warns

Is your state one of them?

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IRS Makes Highest Deductible Hike On Record Thanks To Inflation

The Internal Revenue Service (IRS) increased the individual tax deductible for 2023 at the highest rate on record, The Washington Post reported.

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What does the Democrats' proposed extension of the Child Tax Credit have to pass?

Democrats lack one crucial vote in their party to pass an extension of the enhanced Child Tax Credit which was incredibly effective at reducing poverty.

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What states tax social security?

Depending on your income you may have to pay taxes on Social Security benefits to the IRS and twelve states charge taxes on some of that income as well.

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Biden's $6 Trillion Blowout Budget Proposal Would Have 3 Embarrassingly Bad Results, Study Finds

Far from stimulating “robust, durable economic growth” and “broadly shared prosperity,” a new study finds that Biden's proposed $6 trillion budget would hurt the economy in 3 huge ways.

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