
No one likes paying income tax — the tax levied on your taxable income by some states and the federal government. For most people working traditional jobs, personal income taxes are taken out of their paychecks. That can be painful since, due to income taxes, a large portion of your hard-earned money each time you get paid goes to the government instead of your bank account. But there is some good income tax news this year. Some states have lowered personal income taxes for 2023.