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Newsfeed: States with the Highest & Lowest Tax Rates

Newsfeed: States with the Highest & Lowest Tax Rates

Tax season can be stressful for the millions of Americans who owe money to Uncle Sam. Every year, the average U.S. household pays nearly $11,000 in federal income taxes. And while we’re all faced with that same obligation, there is significant difference when it comes to state and local taxes. Taxpayers in the most tax-expensive states, for instance, pay two times more than those in the cheapest states.

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Newsfeed: Yellen pledges to target high-earning Americans in bid to keep U.S. finances on ‘sound footing’

Newsfeed: Yellen pledges to target high-earning Americans in bid to keep U.S. finances on ‘sound footing’

U.S. Treasury Secretary Janet Yellen on Thursday pledged to pursue tax increases for high-earning Americans in a bid to keep U.S. finances sound, as she gave a speech in Michigan on the Biden administration’s economic policies.

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