Donald Trump has made his direction for federal taxes clear. Lower. But so has President Biden, who wants to wallop Americans with a $5 trillion tax increase.
Rep. Jasmine Crockett, D-Texas, suggested recently during an appearance on a podcast that Black Americans should be exempt from paying taxes as a form of reparations.
Tax season can be confusing when filing for students in college. Students and parents should ensure they are on the same page regarding dependency status and state residency.
After Kansas GOP leaders and Gov. Laure Kelly struck a deal on tax cuts, state lawmakers voted it down. Republicans said the cuts were too few and Democrats said it favored the wealthy.
Kansas Republicans wanted to enact a 'flat' tax rate, but faced with the possibility of a veto from Gov. Kelly, came to a compromise to ensure at least some cuts went through.
Some Maryland Democrats worry that a legislative push for a nine-figure tax hike may bolster Republican former Gov. Larry Hogan's bid to flip one of the state's U.S. Senate seats.
As the Kansas Legislature approaches a three-week-long spring break, lawmakers scramble to address tax cuts, funding for disability services and immigration issues.
Chicago will host the 2024 Democratic National Convention this year but the city's Democrat mayor just lost a major vote on a real estate transfer tax. His party's voters rejected it.