WASHINGTON (AP) — The Supreme Court on Monday rejected a challenge from New York, New Jersey, Connecticut and Maryland to the 2017 tax law that capped federal tax deductions for state and local taxes.
Some municipal leaders and state legislators are raising concerns about Connecticut Gov. Ned Lamont's election year proposal to lower the state's cap on local taxes for motor vehicles, worried cities and towns could ultimately wind up losing much-needed revenue while wealthier drivers might benefit the most from the plan.
MADISON, Wis. (AP) — A northeastern Wisconsin couple have claimed half of a $632.6 million Powerball jackpot won last month, the Wisconsin Lottery announced Monday.
Tammy and Cliff Webster, who live in Oneida, near Green Bay, won roughly $316 million of the jackpot from the Jan.
GLENDALE, Ariz. (AP) — The Arizona Coyotes could be looking for a new home sooner than expected.
The City of Glendale informed the team that it intends to lock the Coyotes out of Gila River Arena by Dec.
NEW YORK (AP) — Democratic U.S. Rep. Tom Suozzi said Monday that he is running for New York governor in next year's election, joining a competitive primary race that became wide open when former Gov.
BILLINGS, Mont. (AP) — U.S. Interior Department officials on Tuesday moved to reverse policies adopted under former President Donald Trump that Native American leaders said were hindering efforts by tribes to establish, consolidate and govern their homelands...
TRENTON, N.J. (AP) — A super-majority of New Jersey lawmakers on Monday passed a proposed ballot question to legalize recreational marijuana, putting the referendum before voters on the 2020 ballot...
WASHINGTON (AP) — Senate Democrats are attempting to repeal an IRS regulation that is designed to keep people from exceeding the $10,000 limit on state and local tax deductions...
TOPEKA, Kan. (AP) — Kansas' Republican attorney general declared Monday that Democratic Gov. Laura Kelly's administration lacked the legal authority to impose what some experts see as the nation's most aggressive policy for collecting state and local taxes on online sales...
LOS ANGELES (AP) — The legal marijuana industry urged Los Angeles City Hall on Monday to get tougher with illegal shops that are gouging their businesses in open sight...
CHERRY HILL, N.J. (AP) — Congressman Leonard Lance voted last December with the interests of his northern New Jersey district in mind when he opposed his own party's sweeping tax overhaul...
SACRAMENTO, Calif. (AP) — A new push by the beverage industry is slowing the expansion of soda taxes in California and elsewhere...
NEW YORK (AP) — President Donald Trump endorsed a congressman facing a tough primary battle, but in doing so he misstated the New York Republican's record on taxes...
WASHINGTON (AP) — It's a tax provision that could prove costly for schools, police forces, drug treatment centers and other state and local public services...
WASHINGTON (AP) — Congressional Republicans on Tuesday rushed toward a deal on a massive tax package that would reduce the top tax rate for wealthy Americans to 37 percent and slash the corporate rate to a level slightly higher than what businesses and conservatives wanted...
WASHINGTON (AP) — Republican leaders have spent months promoting the myth that red low-tax states are subsidizing blue high-tax states because of the deduction for state and local taxes...
ATLANTA (AP) — A popular deduction targeted in the GOP's overhaul of the tax code is used by more than a quarter of all filers in a majority of states, including many led by Republicans where some residents eventually could see their federal tax bills rise...
WASHINGTON (AP) — House Republicans would leave intact current tax rules on retirement accounts popular with middle class Americans and maintain a top income tax rate for million-dollar earners as negotiators scrambled to finalize the first major overhaul in three decades...
WASHINGTON (AP) — Millions of Americans would lose a prized tax break under President Donald Trump's sweeping revamp of the tax code, but corporations would get to keep it.
The Republican proposal would eliminate the federal deduction for state and local taxes, a widely popular break used by some 44 million Americans, especially in high-tax, Democratic-leaning states like New York, New Jersey, California and Illinois.
WASHINGTON (AP) — The top House Republican on Thursday blasted high-tax states that deliver billions to the federal government as he faced a backlash from rank-and-file GOP lawmakers over a sweeping tax-cut proposal...
WASHINGTON (AP) — How do you pay for an estimated $5.8 trillion tax cut?
For President Donald Trump and Republican congressional leaders, that is the mostly unanswered $5,800,000,000,000 question...