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  2. State Income Tax Rates for 2023-2024 - 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 ...

  3. SC residents to get a tax cut as part of upcoming budget ...

    www.aol.com/sc-residents-tax-cut-part-204853485.html

    The income tax cut will cost the state about $99.5 million a year. The tax cut is part of a nearly $14.5 billion spending plan approved Friday by a budget conference committee.

  4. 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.

  5. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    New Hampshire – no individual income tax. The state taxes dividends and interest at 3% in 2024. The former 5% tax was decreasing by 1% each year, but a 2023 law accelerated the repeal to the start of 2025. [15] For large businesses, the 0.55% Business Enterprise Tax is essentially an income tax. The state also has a 7.5% (2024) Business ...

  6. SC residents could see larger income tax cut this year under ...

    www.aol.com/news/sc-residents-could-see-larger...

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  7. If you got a SC tax rebate, do you owe federal taxes on it ...

    www.aol.com/got-sc-tax-rebate-owe-103000117.html

    South Carolina lawmakers in June approved the parameters for a tax rebate of $1 billion for South Carolinians. Eligible taxpayers have received up to $800 by direct deposit or paper checks. Nearly ...

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