Property tax rates have fallen for years in the city, but city officials are now considering property tax increases to address the costs of recent natural disasters. Houston officials are exploring an ...
The federal government collected $7.2 billion from taxes on retirement annuities of railroad workers in fiscal year 2023.
Maryland joins IRS Direct File. State Comptroller Brooke Lierman said last week that an estimated 700,000 state residents could qualify for the IRS’s free online tax filing program. The IRS piloted ...
Republican presidential nominee Donald Trump recently proposed cutting the current 21 percent corporate tax rate to 15 percent for companies that do not outsource, offshore, or replace American ...
Both Donald Trump and Kamala Harris are promoting a troubling idea: Hyper-targeting tax subsidies to narrowly favored activities or occupations. While Trump and Harris ...
Congress is back with a big to-do list. But, as TaxNotes reports (paywall), Congress will be in session together for only 13 days, increasing pressure to pass a continuing resolution before federal ...
The American Rescue Plan Act of 2021 (ARP) temporarily expanded the so-called “childless” EITC, or the earned income tax credit for workers without children at home. The maximum credit for these ...
Harris’s proposed newborn tax credit could be worthwhile with sound administration.
https://www.taxpolicycenter.org/sites/default/files/publication/166037/how_the_american_rescue_plans_temporary_eitc_expansion_impacted_workers_without_children.pdf ...
Most analysts expected the Tax Cuts and Jobs Act to boost economic output modestly in both the short and the longer run. The evidence supports the prediction for the short run. Because they are ...
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