How much the minimum wage will rise in California starting in 2025California's minimum wage will increase to $16.50 per hour in 2025, despite the defeat of Proposition 32, reflecting ongoing inflation-linked adjustments.
IRS: Taxpayers will get bigger deductions and see changes to tax brackets in 2025Standard deductions for U.S. taxpayers will increase for 2025, helping to shield more income from taxation as inflation adjustments are made.
Taxpayers will get higher standard deductions in 2025: IRSHigher standard deductions for 2025 will allow U.S. taxpayers to shield more income from taxation, reflecting inflation adjustments.
IRS: Taxpayers will get bigger deductions and see changes to tax brackets in 2025Standard deductions for U.S. taxpayers will increase for 2025, helping to shield more income from taxation as inflation adjustments are made.
Taxpayers will get higher standard deductions in 2025: IRSHigher standard deductions for 2025 will allow U.S. taxpayers to shield more income from taxation, reflecting inflation adjustments.