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  2. Tax policy - Wikipedia

    en.wikipedia.org/wiki/Tax_policy

    Tax policy refers to the guidelines and principles established by a government for the imposition and collection of taxes. It encompasses both microeconomic and macroeconomic aspects, with the former focusing on issues of fairness and efficiency in tax collection, and the latter focusing on the overall quantity of taxes to be collected and its ...

  3. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Every state in the United States has its own tax administration, subject to the rules of that state's law and regulations. For example, the California Franchise Tax Board. These are referred to in most states as the Department of Revenue or Department of Taxation. The powers of the state taxing authorities vary widely.

  4. Tax policy committee finalizes bill recommendations for 2025

    www.aol.com/tax-policy-committee-finalizes-bill...

    Bill B, or the Senior Housing Income Tax Credit Extension:For tax years 2025 and 2026, the bill would extend a refundable income tax credit for senior taxpayers over the age of 65 with incomes up ...

  5. Tax hikes or tax cuts? Here’s how Harris and Trump ... - AOL

    www.aol.com/finance/tax-hikes-tax-cuts-harris...

    Here are four main pillars of Harris and Trump’s tax policies and how they differ. Social Security, income taxes, child tax credit and more: Key takeaways on how Trump and Harris’ tax plans differ

  6. Lower taxes, higher tariffs: What Trump’s tax plans ... - AOL

    www.aol.com/finance/lower-taxes-higher-tariffs...

    The Tax Policy Center expects his policy to model a recent bill passed in Alabama that exempts taxpayers from paying taxes on overtime pay. 3. Lower corporate taxes, and big new tariffs

  7. Tax policy and economic inequality in the United States

    en.wikipedia.org/wiki/Tax_policy_and_economic...

    Sales taxes and payroll taxes are examples of regressive taxes that tend to have a greater impact on low-income households compared to high-income households. This indicates that more progressive income tax policies (e.g., higher income taxes on the wealthy and a higher earned-income tax credit) would reduce after-tax income inequality.

  8. List of taxes - Wikipedia

    en.wikipedia.org/wiki/List_of_taxes

    Tax break is a policy where certain groups are exempt from taxes or can be lower taxes. Tax Farming is where a government grants persons the right to collect taxes and turn them over to the government. Tax holiday is a policy where certain taxes are not collected for a period of time.

  9. Opinion - Trump and Harris’s tax policies offer more of the ...

    www.aol.com/news/opinion-trump-harris-tax...

    For example, if a company employs 10 people in the state for every $10,000 of profit they make, it would pay a lower tax rate. If a company only employs one person for every $10,000 in profit, it ...

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