Articles

A new law will freeze property tax increases for some older Mainers. In order to qualify, you must be 65 years or older and a permanent Maine resident who's owned a primary residence in the state for at least the past ten years. “65 plus right?," said Avesta Neighborworks director Nicole DiGeronimo. "A lot of Mainers aren’t millionaires; they’re living on fixed income ... social security.” Read More.

Millions of families came to count on pandemic-era monthly child tax credit checks of up to $300 per child, a program that expired last December. Now, a new Republican Senate proposal aims to restart the monthly payments to parents — with new requirements, however. Read More.

Some Missouri parents can now apply for scholarships for their children to attend private schools or other alternatives to their local public schools. And hundreds already have. Read More.

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. Read More.

Lawmakers in the West Virginia Legislature will soon be called into a special session to take up a proposal to cut the state's personal income tax which has been put forward by Gov. Jim Justice. Read More.

The Grassroots Corner - Week Beginning 7/04/22: “Dan Bongino Reaffirms his support for the FAIRtax” Read More.

Reports say there’s been a big uptick in interest in leaving America with the overruling of Roe v. Wade, gun violence, political turmoil and more. One popular post advises how to move out of the US and the best places to escape. There are numerous choices, including moving to Canada. But if you go, is it temporary or permanent? Either way, most people probably assume that it won’t impact their citizenship. Read More.

For billionaire Ken Griffin, it was well worth spending $54 million to ensure he and other rich Illinoisans wouldn’t have to pay more tax. Read More.

In March of 2021, the IRS shredded 30 million paper-filed information returns as a solution to the pandemic-related backlog. Read More.

Crypto lending platforms like Celsius, Anchor, and Voyager Digital rose to prominence for offering almost unbelievable returns of up to 20% annually on customer deposits. Now, much of that crypto cash is trapped, as plunging token prices force platforms to temporarily suspend or limit withdrawals. Read More.

General Motors received a $3.8 billion tax credit from Michigan after it filed for bankruptcy in 2009 and during the Great Recession. Read More.

President Joe Biden once again falsely claimed that inflation in the U.S. is lower than the rest of the world during a Thursday press conference. Read More.

GEORGIA — Gov. Brian Kemp signed an executive order Friday that will extend the suspension of Georgia state gas taxes. Read More.

As Americans prepare to celebrate the Fourth of July, people in highway rest stops and grocery stores across the country this weekend will be feeling the pain of near record-high gas prices and soaring inflation. Read More.

Lawmakers and Gov. Gavin Newsom have finalized a deal to send $9.5 billion back to Californians feeling the crush of $6 gasoline and rising costs for groceries and other products and services. The payments, which could be as much as $1,050 for a family, will not be coming in time for a 4th of July road trip – but they should land before the winter holidays. Read More.