Taxes

Biden's Push on Gas Tax Relief Will Likely Fall to States

His plan to suspend the federal tax to help ease high gas prices has low odds of passing Congress. The president says states are in a solid financial position to take action, but experts have doubts about whether gas tax holidays at any level are good policy.

The Tax Scam That Won’t Die

The IRS, the Justice Department and Congressional Republicans and Democrats are all trying to put an end to syndicated conservation easements. But with lobbyists like Henry Waxman helping lead the resistance, the efforts have had little effect.

Casinos Pled Poverty to Get a Huge Tax Break. Atlantic City Is Paying the Price

Despite growing profits, casino operators used predictions of “grave danger” to convince the state to slash their tax burden, denying millions to the city, its school district and the county.

Austin Becomes First Texas City To Test a Taxpayer-funded “Guaranteed Income” Program

Austin joins at least 28 U.S. cities, like Los Angeles, Chicago and Pittsburgh, that have tried out some form of “guaranteed income” — financial assistance targeted at needy households.

The New Digital Products and Services Proving Difficult to Tax

States and localities may have to update policies if they don't want to miss out on revenue.

Marijuana 'Sin Tax' Collections Show Signs of Outpacing Alcohol

In states where cannabis is legal, a new analysis finds excise tax collections from pot leading booze. But the money is a small share of state budgets and changes to the industry could affect revenues.

The New Buffalo Bills Stadium Is One of the Worst Deals for Taxpayers

COMMENTARY | Study after study has shown that stadiums are terrible public investments. Taxpayers rarely want to pay for them. So why do governments keep subsidizing them?

After Months of Talk, States Move to Suspend Gas Taxes

A Maryland plan is close to passing. But proposed gas tax holidays there and in other states could prove to be largely symbolic providing only minor relief at the pump.

Pennsylvania Senate Leader Proposes Lowering Gas Tax by One-third Through 2022

Politicians in the state from both parties are pushing to lower the price at the pump.

A Call for a Gas Tax Suspension as Biden Bans Russian Oil

New York Republican state lawmakers previously proposed halting the state's gas tax to alleviate the effects of inflation.

As Inflation Drives Up Prices, State Lawmakers Eye Cutting Food and Sales Taxes

More than a dozen states are considering such cuts, as others eye income tax reductions.

Gas Tax Proposal Threatens to Spark Trade War Among Northwest States

To pay for a transportation package, Washington state lawmakers want to tax refined gasoline sent to other states. Neighboring states are talking about ways to retaliate if the plan goes through.

How One State Wants To Invest in Child Care Like It’s Tesla

New York Gov. Kathy Hochul is proposing to spend billions on economic development programs that critics want to allocate to social programs.

States With the Highest and Lowest Gasoline Prices

California continues to have the highest gas prices in the U.S. and Oklahoma has the lowest, according to a recent report.

Welfare Is No Substitute for a Child Tax Credit

Some in Congress say the child tax credit isn’t needed because Temporary Assistance for Needy Families is a success. Our reporting found it’s marked by repeated failures.

How Cities and Counties Are Dumping Abandoned Properties

Vacant building issues include unpaid property taxes, fires and crime, but localities are making some progress reining them in.

Why State Leaders From Both Parties Are Cutting Taxes

Republicans favor bigger, broader cuts while Democrats favor more targeted tax cuts and credits.

Bridge Collapse Revives Criticism Over Using Road Dollars for Police

It's common for states to use gas tax revenue to support law enforcement agencies. But is it a good idea?

In the Race to Win Electric Vehicle Factories, States Are Handing Out Big Incentives at Lightning Speed

Tax breaks are often controversial, but states are doling out a lot of them—plus land, infrastructure improvements and more—to lure manufacturers in this burgeoning industry.

Cities and States Find New Ways to Tax Streaming Services

Governments are desperate to recoup lost revenue as people cut the cable cord.