The thing is, federal income taxes are imposed for a reason. They fund many key services Americans rely on each day ...

As Trump once again sits behind the desk of the Oval Office, it will be interesting to see where tax returns pick up where he left off. Although the U.S. tax system has been flawed for quite some ...

The American opportunity credit can reduce your tax liability by up to $2,500 if you’re paying college tuition and fees. Continuing education, part-time classes ... limit each year – $7,000 ...

tax credits, and lack of eligibility for certain government benefits, middle-class families might pocket only about $6,291.08 more each year than families making just $30,000 a year in income.

The gap between U.S. federal spending and tax ... fiscal year, was at just about the post-World War II average of 17.2%, but spending was 23.4% compared with an average of 19.8%. A chart like ...