The more state government funds itself off of sales taxes — rather than income taxes — the more regressive it becomes.
However, some Republicans representing those states have become vocal about the need to raise or eliminate the cap. The ...
He used his untaxed gains to fund his personal lifestyle, which included buying high-end vehicles and a $1 million home, DOJ ...
This boost in tax revenue occurred because of the Inflation Reduction Act, which President Joe Biden signed into law in 2022.
Tax collections in West Virginia are tacking close to revenue estimates for the first five months of fiscal year 2025 thanks to better collections in November. According to a monthly report released ...
Tax collections in West Virginia are tacking close to revenue estimates for the first five months of fiscal year 2025 thanks ...
State economists are expecting tax coffers will fill a little more slowly in Montana the next couple of years. Stimulus money ...
Resident analyst dissects effects of state’s tax structure, federal tax cuts, COVID, investment income and remote work on ...
Elon Musk and his non-Department of Government Efficiency are saying that they will cut government spending by $2 trillion to ...
Boston Mayor Michelle Wu’s controversial plan to raise commercial tax rates hit another snag on Beacon Hill Monday, when it ...
Mayoral allies say the mayor is prepared to accept a much smaller property tax increase along with budget cuts the mayor had ...
"President Trump will deliver on his promise to stop the bureaucratic overstepping that occurs in many areas of the federal government, including the IRS," said Taylor Rogers, spokeswoman for the ...