Reducing individual income tax to 0% in Kentucky has been a priority for the state’s Chamber of Commerce and the GOP-led legislature.
The IRS has announced the federal income tax brackets for 2026, incorporating inflation adjustments that shift thresholds for all seven brackets while maintaining the current rate structure of 10%, 12 ...
Kentucky GOP lawmakers appeared to disagree Monday on whether the state should further cut the income tax next year after ...
The federal income tax formula calculates different rates for different portions of your taxable income. When incomes increase, tax rates rise, kicking in above certain levels—that’s the bracket. The ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Missouri lawmakers under the capitol rotunda in 2012. Photo by Robert Cohen, [email protected] Kansas cut its income tax, ...