U.S. states’ coffers did surprisingly well during the pandemic. Now many, like California, plan tax cuts. rob_cyran explains why the states mulling tax cuts should avoid permanent reductions in levies. Watch:
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U.S. states bestow inopportune tax cutsU.S. states coffers did surprisingly well during the pandemic and federal aid helped them build big fiscal buffers. Now many, like California, plan tax cuts. That may fuel even more inflation and prove unsustainable as more than $900 billion of support from Washington winds down.
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Are state tax refunds taxed again on my federal return?You may need to include the refund as income on the next year’s tax return.
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Politics are driving cities and localities to push for separation, to join new statesSome conservative counties in blue states have been pushing to join red states, which would shift politics, tax dollars and demographics.
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New York potency tax could result in some very expensive weedNew reports suggest the Empire State could impose a potency tax which will elevate the prices - via TheGrowthOp Cannabis news
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Argo School District 217 provides tax relief for residents thanks to state grantUsually, we hear about some school districts asking for more money. But one southwest suburban school district is able to do the opposite – and give money back.
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