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Moving to one of these 9 states could save you thousands

Each year, taxpayers pay trillions in income taxes. In fact, the government collected approximately $3 trillion last year. If you're like most taxpayers, you owe both federal and state taxes, which means an even bigger chunk of your paycheck goes to the government. Related ArticlesHow Student Loans Can Impact Your Credit ScoreBest Credit Card Signup Bonuses of 2017The Best Travel Credit Cards of 2017 Read more.
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Here are the US states with no income tax

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As a U.S. taxpayer, you're probably used to forking over a chunk of your earnings to the federal government. But depending on where you live, you may not lose more of your hard-earned money to income taxes at the state level. In fac...

The government spent about $4 trillion last year. How much went to your state?

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The federal government spent $3.85 trillion last year. Where did that money go? The Treasury Department today launched a new website that it says will help taxpayers find out. 2016 Federal Spending Awarded to Individuals, Private Co...

Tax breaks saved Americans $1.3 trillion last year. Here's how to claim the 5 largest

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The U.S. government gives a surprising amount of money to taxpayers in the form of tax breaks. Indeed, a Pew Research Center report found that the federal government paid out an estimated $1.3 trillion in tax breaks during 2016. If ...

America will Pay More in Taxes in 2015 than it Will Spend on Food, Clothing, and Housing Combined

Business & Finance / Taxes : Tax Foundation's Tax Policy Blog

In 2015, America will pay $3.3 trillion in taxes to the federal government and an additional $1.5 trillion to state and local government. America’s total tax bill of $4.8 trillion is about 31 percent of the nation’s total income. Th...

When is My State’s Tax Freedom Day?

Business & Finance / Taxes : Tax Foundation's Tax Policy Blog

This year, Americans will pay approximately $3 trillion to the federal government and an additional $1.5 trillion to state and local governments for a total tax bill of $4.5 trillion. This will take the nation 111 days to pay, or un...


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