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  2. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Donors of gifts in excess of the annual exclusion must file gift tax returns on IRS Form 709 [100] and pay the tax. Executors of estates with a gross value in excess of the unified credit must file an estate tax return on IRS Form 706 [101] and pay the tax from the estate. Returns are required if the gifts or gross estate exceed the exclusions.

  3. Federal tax revenue by state - Wikipedia

    en.wikipedia.org/wiki/Federal_tax_revenue_by_state

    This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service. Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state , the District of Columbia , and Puerto Rico .

  4. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    Additional Medicare tax: High-income earners may also have to pay an additional 0.9% tax on wages, compensation, and self-employment income. [13] Net investment income tax: Net investment income is subject to an additional 3.8% tax for individuals with income in excess of certain thresholds.

  5. Trump Wants To Eliminate Income Taxes: 5 Ways This Could ...

    www.aol.com/trump-wants-eliminate-income-taxes...

    Tax cuts work well when state governments are flush with cash, such as during the post-COVID-19 pandemic period, when many states received federal government aid.

  6. Federal taxation and spending by state - Wikipedia

    en.wikipedia.org/wiki/Federal_taxation_and...

    The ability of the United States government to tax and spend in specific regions has large implications to economic activity and performance. Taxes are indexed to wages and profits and therefore areas of high taxation are correlated with areas of higher per capita income and more economic activity.

  7. Trump push to use tariffs to pay for tax cuts faces ... - AOL

    www.aol.com/news/trump-push-tariffs-pay-tax...

    The non-partisan Tax Foundation estimated Trump's most extreme tariff proposals - a 20% universal tariff plus a 60% tariff on China's exports to the U.S. would raise about $3.8 trillion over the ...

  8. History of taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_taxation_in_the...

    In 1993 the Clinton administration proposed and the Congress accepted (with no Republican support) an increase in the top marginal rate to 39.6% for the 1993 tax year, where it remained through the tax year 2000. [49] Total government tax revenues as a percentage of GDP for the U.S. in comparison to the OECD and the EU 15.

  9. To extend Trump's 2017 tax cuts, Republicans seek to ... - AOL

    www.aol.com/news/extend-trumps-2017-tax-cuts...

    The nonpartisan Committee for a Responsible Federal Budget estimates that Trump's full tax agenda, including elimination of taxes on tips, overtime pay and Social Security benefits, could cost ...

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