Taxes

States With the Highest and Lowest Gasoline Prices

Texas ranks No.1 for states with the lowest fuel prices while California has the highest prices, according to a new report.

States Ask Supreme Court to Consider Challenge Over SALT Cap

It's the latest development in a case that four states have brought against the $10,000 limit on the state and local tax deduction.

A Unique Funding Program to Keep Homeowners in Hot Neighborhoods in Their Houses

The Atlanta program, part of a wide-scale affordable housing effort, will use $10 million to help legacy homeowners pay soaring property taxes.

Infrastructure Update: Proposals Emerge Calling For Gas Tax Cuts

Florida's governor is backing the idea of suspending his state's gas tax for six months.

Extra, Extra! State Lawmakers Propose Tax Credit to Help Save Local Journalism

A New York bill would offer tax credits to offset the cost of salaries for journalists at local outlets, as well as a subsidy for their subscribers.

States With the Highest Personal Income Growth

Total income growth is higher in all states than before the pandemic, thanks to elevated levels of government assistance and growth in wages, according to a report.

The Best and Worst Cities to Retire Are Surprising

Orlando, Florida tops the list for best cities to retire while San Bernardino, California comes in last, according to a report.

SALT Plan Reworked—Again—as Democrats Push Towards Vote

The latest proposal would lift the cap on the state and local tax deduction to $80,000.

4 Things to Know About Local Government Fiscal Conditions

Despite fiscal challenges over the past 18 months, cities have demonstrated greater resilience than expected through the pandemic, according to a report.

SALT Proposal in House Bill Would Raise Cap to $72,500 Through 2031

Meanwhile, in the Senate, two lawmakers offered up an alternative plan. It does seem there's support for including some kind of rollback of the cap in the budget bill now being negotiated.

5 Strategies to Help Residents Without Bank Accounts Get Rental Assistance

Unbanked tenants have a harder time applying for emergency rental assistance, along with difficulty accessing assistance if they do receive funds, according to a report.

Democrats Trying to Nail Down SALT Deduction Cap Repeal Plan

The specifics of lifting the $10,000 limit on the state and local tax deduction were still coming into focus late Tuesday, with a key progressive senator rejecting one leading option.

The Revolution Will Be Improvised

President Joe Biden’s hastily announced framework for his “Build Back Better” plan doesn’t mean the deal is done.

A Breakdown of the Black-White Homeownership Inequality Gap

Homeownership is less achievable for Black Americans and they live in neighborhoods with houses valued at $48,000 less than white families’ homes, a new report reveals.

Tax or Treat! State Laws on Candy Taxation Vary Wildly

Whether you pay tax on your Halloween treat supply depends on which state you live in and how it defines candy.

Local Taxpayers Are Footing the Bill for Climate Disasters

The costs for paying to fix or replace infrastructure and other assets more adversely impact low-income groups, according to a report.

Appeals Court Rules Against States Challenging SALT Deduction Cap

The decision comes amid debate in Congress over whether to roll back the $10,000 limit on a write-off for state and local taxes.

The Most and Least Tax-Friendly States for Middle-Class Families

A recent ranking looks at the sum of taxes paid in different states by a hypothetical family earning $77,000 a year.

State Tax Limits Can Hamper Local Fiscal Stability

States should consider adjusting policies that tightly restrict budget flexibility for cities and counties, according to a report from The Pew Charitable Trusts.