Excessive litigation functions like a tax on economic activity. In California, this burden is among the highest in the nation.

The current GOP tax proposal has sparked significant debate, with the White House promoting it as a catalyst for economic growth. However, a report by the Joint Committee on Taxation (JCT), a ...

Time becomes a financial variable: deferred tax amounts can be reinvested, generating taxable returns or accruing interest.

Add Yahoo as a preferred source to see more of our stories on Google. A new report from the Wisconsin Policy Forum found the state's tax burden remains at a record low as rising incomes offset higher ...

When it comes to tax season, it's always an annual reminder that where you live does determine how much of your paycheck actually stays in your pocket. While federal taxes apply equally across state ...

What happens when the heart of a city begins to falter? In Chicago, the answer is now arriving in the form of property tax bills that are leaving many residents aghast. The median residential bill in ...

Average state and local tax burden is $7,109 per capita. Some states collect double while others collect half. New York extracts $12,685 per capita annually, 80% above the national average. Tax burden ...

Hawaii has the highest total tax burden at 14% while Alaska has the lowest at 4.9%. The 9% gap between most and least taxed states costs $9,000 annually on a $100,000 income. Tax burden includes ...