tax – Brushwood Media Network

Hurricane Helene leads to decrease in income tax revenue

Thursday, December 12 by The Center Square

(The Center Square) — Georgia's tax revenues were up in November compared to last year's numbers, but income tax collections declined by 8.3%, according to Gov. Brian Kemp's...

VIDEO: Chicago could approve tax increases for budget before end of week

Wednesday, December 11 by The Center Square

(The Center Square) – The Chicago City Council could approve a new budget with more than $230 million in tax increases before the end of the week. ...

CBO finds extending 2017 tax cuts wont pay for itself

Wednesday, December 11 by The Center Square

Despite past political promises, extending the 2017 Tax Cuts and Jobs Act won't cover the cost of revenue loss and could add more to the federal debt. ...

Bipartisan legislation introduced to provide employers with veteran tax credits

Tuesday, December 10 by The Center Square

(The Center Square) - While veterans typically struggle less with unemployment than civilians, Washington lawmakers filed a bill Thursday that, if approved, would provide tax relief to employers...

House Republicans introduce bill to eliminate sales tax on groceries

Monday, December 9 by The Center Square

(The Center Square) — Tennessee Rep. Elaine Davis, R-Knoxville, has filed a bill that would remove the state's sale tax on groceries. ...

Report: Florida voters approved $1.9B in local tax increases

Friday, December 6 by The Center Square

(The Center Square) – A report by Florida Taxwatch says voters approved $1.9 billion in local tax increases and $1 billion worth of bond issues during the recent...

Service tax expansion expected to be revisited in regular session

Friday, December 6 by The Center Square

(The Center Square) — Louisiana legislators are signaling that the upcoming regular session may bring renewed discussions about expanding the sales tax to include additional services. ...

Adams pitches plan to axe the tax for low-income residents

Thursday, December 5 by The Center Square

(The Center Square) – New York City Mayor Eric Adams wants to reduce or eliminate income taxes for the city's lowest income earners with a new proposal that...

Georgia rural film industry pushes for more tax credits

Wednesday, December 4 by The Center Square

(The Center Square) – The entertainment industry is pushing for more tax credits in Georgia, as industry leaders say other states and cities are pulling the industry away...

Los Angeles revenue hit as 4% transfer tax on property over $5M curbs sales 70%

Wednesday, November 27 by The Center Square

(The Center Square) - The City of Los Angeles’s “mansion tax” on all property over $5.15 million has led to an over 70% decrease in affected sales, resulting...