Taxes
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Michigan State Income Tax Rates and Brackets for 2025 Explained
Michigan uses a simple 4.25% flat income tax on residents and nonresidents earning state income. The Lowering MI Costs Plan…
Minnesota State Income Tax Rates and Brackets for 2025 Explained
Minnesota’s 2025 income tax ranges from 5.35% to 9.85%. House File 812 may eliminate the lowest bracket, benefiting low-income earners.…
Massachusetts State Income Tax Rates and Brackets for 2025 Explained
Massachusetts enforces a flat 5% income tax and a 4% surtax over $1 million in 2025. Capital gains are taxed…
Maryland State Income Tax Rates and Brackets for 2025 Explained
For 2025, Maryland adds higher tax brackets, increases county tax caps, and introduces a 2% capital gains surtax. Standard deductions…
Louisiana State Income Tax Rates and Brackets for 2025 Explained
Louisiana introduces a 3% flat tax on all individual income from 2025, raises standard deductions, and sets a 3.09% withholding…
Maine State Income Tax Rates and Brackets for 2025 Explained
Maine maintains 2025 income tax rates between 5.8% and 7.15%, adjusting brackets for inflation. Proposed legislation could lower starting rates…
Kansas State Income Tax Rates and Brackets for 2025 Explained
Kansas moved to a two-bracket income tax system with a top rate of 5.58% for 2025, effective from January 2024.…
Kentucky State Income Tax Rates and Brackets for 2025 Explained
Kentucky’s flat 4% income tax with a $3,270 deduction in 2025 lowers to 3.5% in 2026. The system simplifies taxes…