Maine Sen. Susan Collins (R) has filed an amendment to the One, Big Beautiful Bill Act that would raise the marginal tax rate ...

At $50,000 of income, taxpayers in Nova Scotia, Newfoundland and Labrador, and Prince Edward Island face the highest marginal provincial income tax rates in Canada, finds a new study published today ...

If America is a ruled by a billionaire oligarchy, as I argued in a recent New Republic feature story (“How the Billionaires ...

Your marginal tax rate is the highest income tax rate you’ll pay on your income. Because the U.S. has a progressive tax system, different tiers of your income are taxed at different rates.

Tax-efficient investments in debt mutual funds have changed post-2023, with new tax rates and benefits for investors.

Starting July 1, 2025, middle-class Canadians will see a 15% reduction in marginal personal income tax rate, with maximum tax ...

In selling the super tax, Labor has repeated Treasury claims of there being $50 billion in super tax concessions annually, ...

The Senate version adds tax permanence and more Medicaid reform.

How some older adults could see federal income tax savings of $480 or more from a new senior "bonus" tax deduction, if it's ...

From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...

The Senate voted early Tuesday morning to defeat an amendment sponsored by Sen. Susan Collins (R-Maine) to create a new top ...

ITAT Mumbai held that Private Discretionary Trust whose income is chargeable to tax at maximum marginal rate is not leviable to pay surcharge if the slab rates are below Rs. 50 Lakhs. Accordingly, ...