These 9 states are cutting income taxes on Jan. 1. Here's where taxpayers will get a break.
CBSN
Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual income tax rates, according to an analysis from the Tax Foundation, a think tank that focuses on taxes.
The changes are part of a recent push to cut taxes at the state level that started during the pandemic when many states found themselves flush with tax revenue. But the left-leaning Institute on Taxation and Economic Policy (ITEP) has termed the trend an "anti-tax playbook" that could eventually crimp public services.
Lawmakers typically argue that lowering taxes can help make their states more competitive, helping to draw businesses and new residents within their borders. Seven of the states that are lowering their individual income taxes in 2025 have legislatures that are controlled by Republicans, as well as Republican governors.
The man who plowed a truck into a crowd of people in New Orleans on New Year's Day posted audio recordings online in early 2024 expressing his religious beliefs and describing music as the "voice of Satan." He made no mention, however, of plans for violence or affiliations with extremist groups in the recordings.
Mexican airline Aeromexico had the world's best record for on-time arrivals in 2024, according to a new annual ranking. Delta Air Lines scored the highest among U.S. carriers despite a computer outage that caused thousands of flight cancellations in July.
The Federal Bureau of Investigation and other federal agencies have warned about the risk of "copycat or retaliatory attacks" after a man drove a rented pickup truck through a crowd of New Year's revelers on New Orleans' Bourbon Street, killing 14 people before he was shot dead in a firefight with police.
Two days after a man drove a rented truck into a crowd of revelers on New Orleans' Bourbon Street, killing at least 14 people before he was killed in a shootout with police, his family is providing more details about his life before the attack.
Washington — President Biden and first lady Jill Biden will visit New Orleans on Monday, following the attack on Bourbon Street on New Year's Day that left at least 14 dead and dozens more injured.
The U.S. Department of Transportation on Friday announced a $2 million fine against JetBlue for "operating multiple chronically delayed flights," marking the first such penalty by the agency.
A U.S. Marine who sent an ominous letter home before he went missing in action during World War II has been accounted for over eight decades after he was killed in the Pacific, the Defense Department announced Thursday.
President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible national security risks of the deal.
A federal appeals court on Thursday ruled that US regulators overstepped their authority by reinstating "net neutrality" rules governing internet service providers, dealing a blow to the Biden administration.
The U.S. surgeon general has issued an advisory calling for a warning about the risk of cancer to be included on alcoholic beverages.