Articles

Residents in these places face state income tax rates as high as 13.3%. Read More.

A fierce and powerful Democrat will be joining one of the Senate’s most powerful committees. Read More.

If, as the saying goes, the definition of insanity is doing the same thing over and over again and expecting different results, then mark New York’s state government down as insane. Read More.

OLYMPIA, Wash. (AP) — Washington state’s richest residents — including Jeff Bezos and Bill Gates — would pay a wealth tax on some financial assets under a bill proposed by a lawmaker who says she is seeking a fair tax code at a time when so many people are struggling due to the pandemic. Read More.

The national minimum wage was first mandated by the Fair Labor Standards Act in 1938. This federal law provided for not only the minimum wage but also overtime pay. Read More.

The ballot referral, if passed, could leave huge hole in budgets Read More.

Reminiscent of the Obama Internal Revenue Service’s (IRS) witch hunt of conservative groups, a U.S. Senator who sits on the committee that oversees the tax agency is pushing it to revoke a student charity’s nonprofit status. Read More.

California voters approved Proposition 19 in November 2020, which updates California’s long-standing property tax reassessment rules. There are two major provisions of Prop 19: Read More.

California voters approved Proposition 19 in November 2020, which updates California’s long-standing property tax reassessment rules. There are two major provisions of Prop 19: Read More.

President Joe Biden and congressional Democrats signaled they’re intent on a large pandemic relief bill, potentially without Republican support, even after a White House meeting with GOP senators on Monday that both sides described as productive. Read More.

Even within President Joe Biden’s White House, there’s debate about how to meet his promise to issue Americans another $1,400 each in stimulus checks. Read More.

The biggest story on Wall Street this week hasn’t been the challenging employment numbers or disappointing corporate earnings. Read More.

To those of us who don’t live in the D.C. area and profit from the income tax system, it is hard to find much to like about the federal income tax. People correctly complain: Read More.

The year ahead will be full of tax uncertainties in the U.S. and internationally, ranging from digital taxes and carbon taxes to possible tax hikes under the Biden administration. Read More.

President Joe Biden promised over and over again on the 2020 campaign trail that he would not raise taxes on any American making less than $400,000 per year. Read More.