Taxes are a hot topic in 2021. The new president has promised to raise taxes on the wealthy, and the Tax Foundation reports 26 states and the District of Columbia have made noteworthy changes to their tax codes. In some states — such as Arkansas and Iowa — corporate tax rates are falling. In Connecticut, Vermont and the District of Columbia, estate tax rules are changing. And smokers beware…

Original Article Posted at : https://www.moneytalksnews.com/slideshows/states-lowering-or-raising-income-taxes-in-2021/