Wednesday, December 8, 2021

These Real Estate and Oil Tycoons Avoided Paying Taxes for Years — ProPublica

Also: Do you have expertise in tax law, accounting or wealth management? We'd love to hear from you .

ProPublica's analysis of more than 15 years of secret tax data for thousands of the wealthiest Americans shows that Ross is one of a special breed.

Publisher: ProPublica
Author: Jeff Ernsthausen Paul Kiel Jesse Eisinger
Twitter: @propublica
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Inflation and food prices may draw attention to state grocery taxes

WASHINGTON— As inflation rose and prices increased, Republican Glenn Youngkin made a straightforward campaign promise during the 2021 Virginia governor's race: He'd eliminate the state's 2.5% grocery sales tax.

Virginia is one of 13 states that imposes a tax on groceries – and with consumer prices going up, Youngkin seized on the issue.

Publisher: USA TODAY
Author: Rachel Looker
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Union County's planned 2022 budget unsettled, taxes could dip | News | dailyitem.com
Publisher: The Daily Item
Author: Eric Scicchitano escicchitano dailyitem com
Twitter: @dailyitem
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No sales and use taxes on guns and ammo purchases?

A State Representative does not want customers to pay state and local sales and use taxes when buying new or used firearms in Missouri. Representative Nick Schroer, R- O'Fallon, tells Missourinet his proposal would also exempt firearm components, ammunition, and tools and components of making

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Publisher: Missourinet
Date: 2021-12-08T06:15:22 00:00
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Senator says Iowa should take 'moon shot' at cutting taxes - Radio Iowa

The chairman of the Iowa Senate’s tax-writing committee says he’s drafting a five-year plan to dramatically cut state income taxes for individuals and corporations.

“We have an opportunity to do a tax moon shot this next year,” Dawson says. “…There’s no reason we should settle for mediocrity.”

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Publisher: Radio Iowa
Date: 2021-12-07T10:18:04 00:00
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Omaha tax expert advise preparing 2021 taxes now

OMAHA, Neb. (WOWT) - Soon after Santa returns to the North Pole, the IRS will kick off the tax season.

"When you have to file your tax return the IRS will send out notices in January indicating how much was paid to the families for those child tax credits," said John Gross.

Publisher: https://www.wowt.com
Twitter: @WOWT6News
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Arkansas legislature meets for special session on cutting state’s income taxes |

LITTLE ROCK, Ark. — Arkansas lawmakers met in a special session to discuss proposed cuts to the state's income tax.

This would eventually drop the top income tax rate in Arkansas to 4.9% for those with the highest incomes.

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Publisher: ArkLaTexHomepage
Date: 2021-12-08T00:20:57 00:00
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Timber and Taxes Workshop set for Dec. 15 in Manistee

The registration deadline is quickly approaching for the Timber and Taxes Workshop, hosted by the Manistee Conservation District.

The event is slated for 5:30 p.m. on Dec. 15 in Classrooms A and B at the West Shore Community College Manistee Downtown Education Center, located at 400 River St. in Manistee.

Publisher: Manistee News Advocate
Date: 2021-12-07 19:40:15
Author: _____
Twitter: @manisteenews
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Ottawa asks for 7% more in property taxes | The Voice of LaSalle County since 1952!

Ottawa City Hall is asking for about $500,000 more in property tax money next year. The levy the City Council put on file this week is for $7.8 million. The increase is nearly 7%. Treasurer Don Harris says the city has obligations, especially with the state requiring more funding for pension

The "truth in taxation" hearing will be on the evening of Tuesday the 21st during the City Council meeting.

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Publisher: The Voice of LaSalle County since 1952!
Author: Rick Koshko
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