There’s a rumor circulating that Social Security is headed toward bankruptcy. And thankfully, that rumor isn’t true. Social ...

The Louisiana Legislative Auditor's Fiscal Review Committee has voted to place the city of Bogalusa under fiscal administration, citing severe financial distress.

Democratic State Sen. David Yates, D-Louisville, expressed cautious optimism about the tax reduction but warned against the unintended consequences of regressive taxes. "I believe this will pass ...

This reduction in cigarette taxes has resulted in a significant revenue loss. In 2024, just the MSB, accounted for over half of the total sales of cigarettes. The calculated revenue lost from the ...

The IRS kicked off tax season facing a hiring freeze imposed by President Trump in an executive order and uncertainty over ...

This is a 3% reduction from 2023, so the state is headed in the right direction for dollar-conscious shoppers. Utah’s state tax rate on groceries is 1.75%. A possible elimination of the tax was ...

Earlier, the IMF had also not given the go-ahead for a Rs4.80 per unit reduction in electricity prices for consumers by abolishing taxes. This would have provided Rs580 billion annual relief to ...

The bill would completely overhaul the U.S. taxation system and essentially disband the Internal Revenue Service.

Senate Bill 451 from Republican Sen. Travis Holdman could lower Indiana's income tax rate further starting in 2030, but it ...

A menu of options being circulated by congressional Republicans also includes new tax cuts for corporations and the ...

Recent changes in tax law have made it less financially beneficial to donate to charity, putting the donations that ...