Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an emeritus professor at the London School of Economics’ financial markets group Imagine that we found ourselves in a world in which there was no prior structure of taxation but where the
When Mainers file their federal income taxes next year, many of them will do so for free — thanks to a new IRS program that was piloted in 12 states for Tax Year 2023 and will now be expanded nationwide. Not every state will participate, but Maine Revenue Services announced its intention to join recently,
WICHITA, Kan. (KWCH) – As Sedgwick County looks for ways to keep property taxes down, Sedgwick County cities and county leaders are working together to come up with a solution. That includes talks of property tax relief through the use of a sales tax. On Wednesday, representatives from 15 cities showed up to a Sedgwick
On Monday, Walla Walla’s county commissioners chose not to pass a sales tax increase that would have raised $1.1 million a year for affordable housing and behavioral health programs. The increase would have come through House Bill 1590, a Washington state law that enables local governments to use sales tax to address the housing crisis.
Kamala Harris lifted Donald Trump’s tax cut proposal and claimed it as her own. It’s such a bold strategy that I almost give her kudos for trying. Kamala Harris is for eliminating taxes on tip, raising minimum wages Kamala Harris said she supports eliminating taxes on tips and raising minimum wages. Lean in close, and
Gov. Murphy discusses tax relief through ANCHOR Program in NJ In discussing his state budget for 2025, Gov. Phil Murphy talked about tax relief through ANCHOR Program for New Jersey residents. New Jersey’s Division of Taxation will kick off the upcoming season of the ANCHOR property tax relief program on Monday, mailing letters to approximately
After two years of rapid growth, property value increases in Fort Worth are slowing down — and tightening budget considerations for the city. That changing revenue landscape is reflected in City Manager David Cooke’s proposed general fund budget for fiscal year 2025, which would raise the tax rate to 67.73 cents per $100 of assessed
MEMPHIS, Tenn. (WMC) – Fayette County leaders gave the green light for Buc-ees to continue construction. Developers received approval for a 20-year tax increment financing, according to Memphis Business Journal. “The Fayette County Industrial Development Board passed a resolution to issue a note for a TIF for Buc-ee’s Family Travel Center in Gallaway at Exit
Wednesday, August 14, 2024 by Chad Swiatecki The Travis County Commissioners Court voted Tuesday to place a tax rate increase on the November ballot that could generate $75 million per year to improve child care services throughout the area. If approved, the money would be used to increase access to child care and after-school and
NEW ALBANY, Ind. (WAVE) – Residents in Floyd County, Indiana could be shelling out more for their safety. Council members are considering new local income taxes to help fund EMS services. “We have to figure out a way to fund it,” council member Dale Bagshaw said. “This is one way of funding it: through a