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.
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