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COLUMBIA, Mo. (AP) — The powerful Missouri House Budget Committee on Wednesday voted to phase out corporate income taxes.
The cuts would be triggered by higher-than-usual corporate income tax collections similar to those the state has recently seen. Corporate income and franchise tax collections increased more than 14% last fiscal year, for example, from $797 million the previous year to nearly $910 million.
Senators launch 11th-hour push to protect broadband from new taxes
A bipartisan group of senators is making an eleventh-hour push to shield President Biden's billion-dollar broadband investment from being diluted by new taxes.
The big picture: With vulnerable lawmakers eager to get out of town and defend their seats on the campaign trail, leaders in both chambers want to wrap up legislative business this week and come back after the election.
It's looking likely that Ohio cities must refund your 2020 income taxes: Today in Ohio - ...
We're talking about what this means for Ohioans who paid taxes in their office cities while working at home during the pandemic on Today in Ohio.
Editor Chris Quinn hosts our daily half-hour news podcast, with impact editor Leila Atassi, editorial board member Lisa Garvin and content director Laura Johnston.
Losing a Home for Unpaid Taxes Often Means Losing Your Equity, Too | The Pew Charitable Trusts
While relatively rare, the plight of the homeowners highlighted in those stories is not confined to Massachusetts.
Sometimes the local governments take over the properties; other times the municipalities sell the liens on those unpaid bills to private investors who can then foreclose.
Iowa corporations to pay lower taxes as state amasses $1.91B surplus
Reynolds' office said that the state's top corporate tax rate is now set to drop from 9.8% to 8.4% after the state took in significantly more corporate tax revenue than expected last fiscal year.
The new law reduces corporate tax rates depending on how much revenue the state takes in the previous year.
Britain's Gamble on Tax Cuts has Economists Warning of Past Mistakes - The New York Times
WASHINGTON — A stunning rebuke from the International Monetary Fund this week underscored one of the biggest risks of the new British government's plan to slash taxes on high earners: It could exacerbate rapid inflation and destabilize markets at a precarious economic moment.
HCA, Buncombe mediation over Mission property leads to $1.2M tax hit
Because Buncombe agreed to lower valuations than it initially assessed, the amount of taxes HCA owes for those two years has been retroactively lowered.
Buncombe now will give a credit of more than $1.2 million to HCA because, according to the new agreement, it overpaid its tax bill for two years.
Unpaid taxes in Ulster County get attention from lawmakers - Hudson Valley One
Sold Tesla Shares After the Stock Split? Don't Forget About Taxes
Tesla (NASDAQ: TSLA) completed its second stock split after close of trading on Aug. 24. If you had one share of Tesla in your account before the stock split, you now have three whole shares of the electric vehicle maker sitting in your account.
Although it may be tempting to sell your extra shares, there's something you should consider before making your move: taxes. Selling your Tesla shares for a profit could trigger a taxable event.
Kiffmeyer: Helping Minnesotans Struggling with Rising Costs and Burdensome Taxes
Inflation continues to soar and negatively impact all aspects of a family's budget. And troublingly, grocery prices rose 13.5% in August – the highest increase since March of 1979.
Our state is one of the most heavily taxed states in the nation, and Minnesota's historic $9.25 billion budget surplus is a strong indicator of just how much our state asks of taxpayers. It's critical to get government spending back under control.
Josh Hawley is trending. Did he actually establish a real residence in Missouri? Or is he still using his sister's… https://t.co/WRd7dOHFZo TristanSnell (from New York, NY) Tue Sep 27 17:58:30 +0000 2022
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