Articles
There’s a $7,500 tax credit for some car buyers: Here’s what vehicles qualify
Buyers who purchase certain types of electric vehicles could be in line for a hefty tax credit, according to the Internal Revenue Service. Read More.
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US President Joe Biden will take aim at Wall Street and corporate America in his annual State of the Union address on Tuesday, reviving his plan for a tax on billionaires and calling on Congress to quadruple the levy on share buybacks.
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Lamont's budget to include cuts to state income tax rates
Connecticut Gov. Ned Lamont announced Monday his new two-year budget plan will include the state's first personal income tax rate reduction since 1996, one of several tax relief proposals he will officially unveil to the General Assembly on Wednesday. Read More.
IRS changes to impact 2022 tax returns
The IRS has made several changes for the 2022 returns, which include lowering tax credits. Read More.
The Grassroots Corner February 6, 2023
The Grassroots Corner - Week Beginning 2/6/23: “Bring back our Cosponsors” Read More.
Government wants to tax drivers by the mile. This bill from Darrell Issa could stop it
A new bill from Rep. Darrell Issa would prevent the federal and state government from pursuing plans to tax drivers by the mile, an idea officials have been looking at for a decade. Read More.
Why are property taxes so high in Texas?
State tax systems are usually looked at as a three-legged stool — property taxes, sales taxes and personal income tax. In Texas, our “stool” only has two legs. Read More.
DeSantis proposes permanent sales tax holiday on baby formula, gas stoves
Florida Republican Gov. Ron DeSantis unveiled his budget proposal Wednesday that would include a permanent sales tax holiday on items like baby formula and gas stoves. Read More.
The Chairman’s Report February 3, 2023
The lies and untruths in the attacks on the FAIRtax
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IRS announcement: The 2023 tax deadline changed for most California residents. Here's who's affected
California storm victims are being offered extra time to file in 2023 by the IRS. See if you qualify for an extension. Read More.
The Grassroots Corner January 30, 2023
The Grassroots Corner - Week Beginning 1/30/23: “FAIRtax Social” Read More.
Justices weigh effort to balance Washington state’s tax code
The Washington state Supreme Court heard arguments Thursday over an effort to balance what is considered the nation’s most regressive state tax code. Read More.
Key Republicans oppose House GOP bill to abolish tax code
Republican supporters of a bill aimed at abolishing the tax code as we know it are running into an early barrier in the House: their own leadership.
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Michigan Legislature approves $1 billion in tax cuts; GOP decries fairness
Both bills still have to go to the state House and aim to undo policies that were signed into law by former Gov. Rick Snyder, a Republican. Read More.
The Chairman’s Report January 27, 2023
The FAIRtax- The lady doth protest too much, methinks!
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