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Some question Pritzker’s tax ‘veto’ pledge, say Trump should cut funding
Illinois taxpayers still don’t know how much of their money will be spent by the state of Illinois next fiscal year or ...
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No, New Yorkers are not getting the largest middle class tax cut in 70 years
But the income tax decrease in the 2025-26 budget, adopted on April 29, isn’t the largest in 70 years. The income tax rate applied to the excess of a certain threshold, known as a marginal rate, has ...
Oklahoma governor signs income tax cut deal: What to know
Gov. Kevin Stitt signed the income tax cut into law Wednesday. It was his key priority of the Legislative session, which must ...
A new round of property tax cuts is headed to Abbott and Texas voters
The proposal raises the homestead exemption from $100,000 to $140,000 for most homeowners, effectively reducing the taxable ...
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Tax cuts today, benefit cuts tomorrow? Growing debt may threaten Social Security
The House-approved 'One, Big, Beautiful Bill' extends tax cuts but slashes social programs, raising fears about rising debt ...
Texas Legislature approves $338 billion two-year spending plan with a focus on property tax relief
A boost in public school spending, school vouchers, and money for water systems are other highlights of the state budget, ...
Wall Street warns Trump aides the GOP tax bill could jolt bond markets
White House officials argue that fears about the bond market are overstated and that warnings about the deficit impact of ...
'Well, we all are going to die': Sen. Ernst defends Medicaid cuts at heated Iowa town hall
Republican U.S. Sen. Joni Ernst fielded angry questions about Medicaid cuts and President Donald Trump's tax cut bill at a ...