MADISON, Wis. (AP) — Wisconsin Republican legislative leaders said Tuesday they want to tap the state’s projected record-high $6.6 billion budget surplus to make “transformational” and once-a-generation tax law changes, including eliminating a tax paid by businesses and lowering income taxes for the
BOISE, Idaho (AP) — Idaho revenue from tax collections was $50 million below expectations for the first three months of the current fiscal year, but the state still has a $1.5 billion budget surplus, officials said Monday.
BOISE, Idaho (AP) — Organizers of an education funding initiative have asked to have the measure pulled from the November ballot after the Idaho Legislature last week passed a massive tax cut and education spending bill that made the initiative moot.
BOISE, Idaho (AP) — Idaho Gov. Brad Little late Thursday signed a massive tax cut and education spending bill made possible by the state’s projected $2 billion budget surplus.
BOISE, Idaho (AP) — Idaho lawmakers are scheduled to meet Thursday at the Statehouse to consider using the state’s projected $2 billion budget surplus for a $500 million income tax rebate.
BISMARCK,N.D. (AP) — Gov. Doug Burgum on Wednesday proposed eliminating state income taxes for lower-earning North Dakotans while shrinking them for higher earners to a small flat tax, which he said would save taxpayers about $250 million annually.
BOISE, Idaho (AP) — Idaho Gov. Brad Little on Tuesday called a special session of the Legislature starting next week aimed at using part of the state’s projected $2 billion budget surplus for a record $500 million income tax rebate this year to help residents cope with increased food and gas prices
Colombia’s first leftist president has presented an ambitious tax plan that aims to raise up to $11 billion a year for anti-poverty programs.
SANTA FE, N.M. (AP) — The tax burden for funding state government and public schools in New Mexico is shifting slightly toward wealthier residents as the state stops collecting taxes on most Social Security benefits.
NEW ORLEANS (AP) — New Orleans District Attorney Jason Williams, elected as a reform candidate in 2020 even as he faced tax charges, arrived at the federal courthouse Monday for jury selection in his trial.
FRANKFORT, Ky. (AP) — Democratic Gov. Andy Beshear said Thursday there’s “enough credit to go around” for Kentucky’s record-setting budget surpluses during his tenure, as he delved into economic issues amid Republican attacks over surging nationwide inflation that’s squeezing household budgets.
Protesters in Hungary’s capital have blocked main traffic arteries for the second day in a row in opposition to a tax overhaul pushed through this week by lawmakers from the country’s right-wing governing party.
BOSTON (AP) — Legislative leaders in Massachusetts announced plans on Monday for a $500 million tax relief package that includes increases in credits available for older residents, lower-income workers, as well as parents and others with dependants.
BOSTON (AP) — The highest court in Massachusetts ruled Wednesday that the wording of a summary of a ballot question for a proposed “millionaire tax” constitutional amendment is legal and the measure can go before voters in November.
Colombia for the first time elected a leftist as its next president, but the slim victory is a cue that a large portion of the country rejects the ambitious proposals of Gustavo Petro.
WASHINGTON (AP) — A transcript of an Oval Office interview Thursday with President Joe Biden by AP White House reporter Josh Boak.
President Joe Biden has told the largest federation of labor unions that he’s rebuilding the U.S. economy around workers.
SIOUX FALLS, S.D. (AP) — Primary voters will decide Tuesday whether to add a provision to South Dakota’s constitution making it more difficult to pass ballot measures that raise taxes or significantly expand government funds, a showdown over direct democracy in the state that pioneered voter-initiat
A leftist former rebel and a populist businessman have taken the top two spots among the six candidates in Colombia’s presidential election and are heading to a runoff showdown in June, delivering a blow to the country’s political class.
Last July, Treasury Secretary Janet Yellen celebrated it as a “historic day” when more than 100 nations agreed to a global minimum tax deal meant to reform and equalize the world’s economy.
TOPEKA, Kan. (AP) — New Kansas laws will make the state fair home to drinkers who roam and allow the state to tax each bale of home-grown cotton up to $2 to pay for efforts to get rid of the bug that ruins cotton crops.
The Supreme Court has 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.
ATLANTA (AP) — Georgia lawmakers are agreeing on plan to create a flat state income tax of 4.99% by 2029 or later, cutting taxes by more than $1 billion and delivering on a key Republican priority in the closing hours of the 2022 legislative session late Monday.
ATLANTA (AP) — Georgia senators are favoring a more gradual income tax cut that would start smaller than one proposed by the House, but eventually could be twice as big.
The “Billionaire Minimum Income Tax” included in President Joe Biden’s proposed budget is part of the administration’s effort to reduce the federal deficit
FRANKFORT, Ky. (AP) — The Kentucky House passed legislation Monday that would set a flat tax rate for every parimutuel wager placed in a state known as the world’s horse capital.
PHOENIX (AP) — Talks among Arizona Republican lawmakers who want to sidestep a voter referendum that has blocked the nearly $2 billion income tax they passed last year are heating up, and a special session to repeal and replace the tax cuts could be called at any time.
ATLANTA (AP) — A plan to cut Georgia state income taxes by more than $1 billion passed the state House Wednesday on a 115-52 vote, with a significant number of Democrats backing the plan despite findings that the changes would raise taxes on more than 500,000 Georgians and that overall benefits are
LANSING, Mich. (AP) — Republicans who control the Michigan Legislature agreed Tuesday on a plan to cut taxes by $2.5 billion annually, advancing a bill that will be vetoed because there is no deal with Democratic Gov.
DES MOINES, Iowa (AP) — Iowa Gov. Kim Reynolds on Tuesday signed into law a bill that phases in a 3.9% flat tax over four years, eliminates taxes on retirement income and lowers taxes for corporations at an estimated overall cost of about $2 billion in lower annual total state income when fully impl
ATLANTA (AP) — Georgia’s House speaker on Tuesday proposed a $1 billion tax cut that would create a flat state income tax with a 5.25% tax rate, raise the amount of income exempt from taxation and eliminate many deductions.