News

There are two distinct threats to the U.S. economy of 2025. One is the president’s shoot-first-ask-questions-later trade war, which has rattled both consumers and the bond market, not to mention ...
Senators raised questions but passed the bill to cut the state's top tax rate to 4.5% and eliminate three tax brackets.
Since taking office, Mr. Trump has raced to enact his economic vision, aiming to pair generous tax cuts with sweeping ...
Republicans are trying to use their tax bill to help Trump with his war on the courts. But their current language will ...
President Donald Trump said he’s open to hiking taxes on wealthy Americans to help pay for Republicans’ sweeping tax and spending cuts package, but the idea remains hotly contested among GOP ...
House Republicans have proposed temporarily increasing the child tax credit from $2,000 to $2,500, a boost that comes amid pressure from populists in the party. The planned boost to the credit was ...
Amid federal reductions in arts funding, New York State is reinforcing ... of the New York City Musical and Theatrical Production Tax Credit. Originally set to expire this year, the program ...
The state of Florida dodged a bullet, thanks to what many may see as a political debacle within the state capitol. Last week, the Florida Legislature adjourned after failing to do the one thing ...
DeSantis has proposed providing one-time, $1,000 property-tax rebates this year to homeowners as a prelude to asking voters in 2026 to cut property taxes. DeSantis argued Wednesday that a House ...
It’s not every day that a Florida Republican comes out against a tax cut. But that’s what happened Wednesday at a Tampa news conference when Ron DeSantis voiced his opposition to a Florida ...
TAMPA — It’s not every day that a Florida Republican comes out against a tax cut. But that’s what happened Wednesday at a Tampa news conference when Gov. Ron DeSantis voiced his opposition ...
The platforms increasingly converge on a common theme: a consumption tax cut. In addition to these developments, what is noteworthy is that the so-called “tax cut dominoes” are falling even in ...