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2. Illinois Fair Tax - Wikipedia

   en.wikipedia.org/wiki/Illinois_Fair_Tax

   In 2011, the Illinois government temporarily raised the personal income tax rate from 3% to 5% in order to raise revenues. The rate was set to drop to 3.75% in 2015. [ 9 ] In January 2014, the non-partisan business group Civic Federation of Chicago estimated that the prescribed cut in income tax would yield decreased revenues of $1.4 billion in ...

3. State Income Tax Rates for 2024-2025 - AOL

   www.aol.com/state-income-tax-rates-2023...

   Illinois, however, which imposes a 4.95% fixed tax, has a flat tax because when the tax was first implemented, it was unclear whether a progressive income tax was constitutional under the state ...

4. State tax levels in the United States - Wikipedia

   en.wikipedia.org/wiki/State_tax_levels_in_the...

   Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table ...

5. State income tax - Wikipedia

   en.wikipedia.org/wiki/State_income_tax

   Illinois, individual and corporate, 1932, soon declared unconstitutional; ... State individual income tax rates & brackets (2021) [88] State Single filer rates ...

6. Here are 9 states cutting their individual income taxes ... - AOL

   www.aol.com/news/9-states-cutting-individual...

   Mississippi, which also has a Republican legislature and governor, will reduce its individual income tax rate to 4.4% on Jan. 1, down from 4.7% in 2024.

7. States that tax Social Security benefits — including changes ...

   www.aol.com/finance/states-that-tax-social...

   Colorado reduced its income tax rate to 4.25% in May 2024, down from 4.4% in 2023. But if you turn 55 during the tax year, you can write off up to $20,000 in Social Security benefits.

8. Federal tax revenue by state - Wikipedia

   en.wikipedia.org/wiki/Federal_tax_revenue_by_state

   Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico. The figure includes all Individual federal taxes and Corporate Federal Taxes, income taxes, payroll taxes, estate taxes, gift taxes, and excise taxes.

9. 2024 Tax Brackets and Income Rates: Find Out Where You ... - AOL

   www.aol.com/2024-tax-brackets-income-rates...

   In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.