Millions of Americans would see taxes cut under new plan
South Carolina is in the middle of approving a budget that would offer a statewide income tax cut.
Income tax cut for millions of Americans
The new tax rate in Georgia will take effect in 2025 for returns filed for the 2024 tax year.
Property tax cut for thousands of homeowners in one state
Around 85 percent of Saco, Maine, residents are expected to benefit from proposed property tax cuts.
Democrats reject plan to cut income tax
Majority of self-identified Democratic voters in Iowa are against eliminating income tax, according to a poll.
Income tax could be scrapped for millions under new proposal
Republican lawmakers have announced plans to incrementally reduce the amount of income tax paid in Ohio over a five-year period.
GOP Rep: Trump-Era Tax Cuts Helped the Middle Class. Don't Throw Them Away
In addition to revenue growth in the U.S. Treasury, everyday Americans had more money in their bank accounts thanks to the tax relief.
Republican governor blames Democrats for stopping child tax credits
Child poverty increased dramatically after child tax credits approved by Congress during the COVID pandemic fizzled out.
Trump's Tax Shenanigans Show Need for Real Reforms
Let's clean up the individual tax code, using Donald Trump's tax flouting to guide us toward bipartisan fixes.
How Liz Truss' libertarian experiment crashed and burned in U.K.
A strong advocate for a number of policies at the core of Reaganomics, Truss failed to bring the libertarian dream to life in the U.K.
Who won Georgia debate between Stacey Abrams, Brian Kemp? Analyst verdict
Stacey Abrams and Brian Kemp showed their differing views, as they discussed issues around the pandemic, crime and the future of Georgia.
What U.K. Pound Sterling Slump Against U.S. Dollar Means for Americans
Investors jumped to U.S. markets after the pound slumped, with analysts anticipating the pound could plunge further to parity with the dollar in coming months
Biden's Gas Tax Cut Could Help Democrats, But Make Surging Inflation Worse
A gas tax cut won't do much to fix high prices driven by a supply shock. Experts warn it could actually make inflation worse.
Jerry Springer Says His Show Helped People Accept Donald Trump
The former talk show host said Thursday that "the behavior of some of the people on the show is exactly" like the former president's.
States' Pursuit of Top-Heavy Tax Cuts Is Disconnected from Reality
States have repeatedly tried this approach, always with the false promise that sometime tomorrow, the middle class will benefit from today's tax cuts for businesses and the wealthiest people.
Record Idaho Budget Surplus Has Democrats and GOP Arguing About What to Do
Some Republicans have said that they'll suggest tax cuts, while Democrats have listed affordable child care and housing among their priorities.
Activist Group Battling With Arizona Government Over Ducey's Large Tax Cut
Should the tax repeal survive legal challenges, it'll be on the ballot in November 2022 as Proposition 307.
Judge Blocks Provision Prohibiting States to Use Relief Funds to Offset Tax
Judge Coogler described the tax-cut restrictions as "a federal invasion of State sovereignty" that was "unconstitutionally ambiguous."
Democrats Propose Raising Federal Deduction for State and Local Taxes
The SALT provision allows taxpayers to deduct certain taxes paid to state and local governments from their federal taxes.
Tortured Logic Lets Biden, Pelosi Say $3.5 Trillion Bill Costs Zero Dollars
The administration's massive spending bill is "paid for" by future tax increases. That argument works in D.C., if not in real life.
Majority of Republicans Support Tax Hikes on Americans Earning Over $400K
Thirty-nine percent of GOP voters said they support Democrats' $3.5 trillion "human infrastructure" bill, despite no Republican lawmakers backing the package.
Joe Biden's Stimulus Is Financing GOP's Billionaire Tax Cuts
Republicans are taking advantage of the Biden administration's refusal to enforce a law designed to make sure stimulus money isn't used for tax breaks.
Republican Votes With Dems to Block GOP Tax Cut as Family Evacuates Home
State Rep. David Cook accused GOP leadership of forcing the vote when they were aware that they lacked the votes.
Joe Manchin's Tax Block Could Protect His Private Equity Donors
Manchin's proposed change would have a huge impact on how the Biden infrastructure plan is paid for, while largely preserving a tax policy that delivers a windfall to a tiny handful of executives at major corporations.
The GOP Needs A Pro-Growth Message and Pro-Growth Messengers
Growth matters. The Republicans who followed Reagan into the White House either didn't get it or couldn't explain it.
Last-Minute Provision Blocks GOP Govs from Using Stimulus to Fund Tax Cuts
Senate Majority Leader Chuck Schumer slipped language into the American Rescue Plan designed to keep Republicans from using federal funds to subsidize tax cuts for corporations or rich people.
Billionaire Robinhood Hero Palihapitiya Is a Pushback on Progressive Dems
Palihapitiya is a corporate-friendly, Third Way centrist, with a sprinkle of social justice rhetoric but also an intense devotion to libertarian free-market triumphalism.
Trickle-Down Economics Doesn't Work but Build-up Does. Is Biden Listening?
The returns from major public investments are huge. The costs of not making them are astronomical.
Biden Tax Calculator, How Democrat Candidate's Plan Will Affect You
Biden's tax plan could see marginal tax rates rise for the top 1 percent of earners, while middle class families will see tax cuts, according to several think tanks.
Joe Biden Tax Plan Will See Highest Marginal Rates in These 5 States
The marginal state and local tax rates under Biden's tax proposal would be the highest they have been since 1986.
Buttigieg Criticizes Trump's 'Deficit-Exploding Tax Cuts'
"The bottom line is, you have to pay for what you get," the former Democratic presidential candidate said.