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A newly-proposed D.C. budget renovates a sports arena while endangering reserves.
April 8 -
The controversial deduction cap is set to expire after 2025.
February 15 -
Advance refunding, SALT, and the possibility of Low Income Housing Tax Credit all have at least some chance of a day in the sun in late 2024.
December 29 -
More than one out of every 100 residents who pay income taxes left the Empire State during the pandemic in 2020, according to report released by state Comptroller Thomas DiNapoli. And, while slowing, the trend hasn't stopped.
December 8 -
Rep. Jim Jordan, R-Ohio, has endorsed a plan that would raise the state and local tax deduction limit to $20,000 for single filers and $40,000 for couples.
October 19 -
Kevin Stitt ordered a special session to put the state on a path to zero income taxes and consider a proposal sparked by a dispute over Native American taxation.
September 25 -
New data indicates residents in high tax states are not moving to cut their tax liability.
August 11 -
Adjusting the deduction cap for state and local taxes is not included in latest proposals, though advocates for that measure remain hopeful.
June 14 -
Gov. Ned Lamont signed income tax rate cuts expected to benefit nearly 1 million people in the most comprehensive cut since the income tax was imposed in 1991.
June 13 -
Weakening revenues should be a red flag for states, particularly those planning tax cuts, said Lucy Dadayan of the Urban Institute's Tax Policy Center.
May 24