The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

WASHINGTON — President Obama's 2015 budget to be unveiled on Tuesday will include a proposal to expand the earned-income tax credit for 13.5 million low-income Americans by closing tax loopholes ...

The House Ways and Means Committee voted 10-2 against advancing the bill, which sought to terminate the film tax credit on July 1, 2025, and reduce the individual income tax rate from 3% to 2.75%.

If you owe $10,000 in taxes and receive a $1,000 tax credit, you’ll only owe $9,000. Wondering how to calculate your California State income tax? Follow these step-by-step guidelines ...

The changes include the creation of a separate $100 million pool for independent productions and a sweetener for productions that frequently shoot in New York. By Winston Cho New York Gov. Kathy ...

“The problem with even a ‘TINY’ tax increase for the RICH, which I and all others would graciously accept in order to help the lower and middle income workers, is that the Radical Left ...

More than 40% of the tax credits issued as part of Oklahoma’s Parental Choice Tax Credit program for the 2025-26 school year went to families with an annual income of $150,000 or more, according to a ...

ALBANY — Most New Yorkers will receive tax rebate checks of $150 to $400 this fall under a provision in the state budget that was passed by the State Legislature Thursday night. The deal ...

during a phone call Wednesday to add two additional proposals to the massive package for his agenda: one to raise the tax rate on the highest earners and the other to close the so-called carried ...

BATON ROUGE — The Louisiana House of Representatives voted 86-13 Wednesday to approve a bill that might further cut the state’s new flat individual income tax rate and create a tax break for ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. Thanks to a flurry of legislative activity that took place in ...