August personal income rose 0.4% MoM, driven by service sector wages and transfer payments, but real income growth excluding transfers remains sluggish. Personal consumption expenditures outpaced ...

Add Yahoo as a preferred source to see more of our stories on Google. A U.S. Individual Income Tax Return Form 1040 sits on a desk alongside a pencil, a smartphone calculator, and cash. Photo: Sarah ...

As W.Va. Gov. Patrick Morrisey makes use of political pressure on lawmakers to help him make his request for a 10 percent cut ...

About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are on a path to do so, if their ...

Personal income in the U.S. fell by $109.6 billion (0.4%) in May, driven primarily by declines in government benefits and farm income. Consumer spending also dipped, with personal consumption ...

West Virginia Gov. Patrick Morrisey said Monday he will ask the Legislature to approve between a 5% and 10% cut in personal income tax rates. (Photo by Steven Allen Adams) CHARLESTON – With personal ...