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Labour ‘eyeing up capital gains tax increase’
Daily Telegraph· 21 minutes agoNigel Lawson, former Conservative chancellor, increased the capital gains rate to match income taxes in 1988, but Labour cut it again in subsequent ...
With deadline nearing, Newsom and lawmakers disagree over solutions to California budget crisis
Los Angeles Times· 16 hours agoThe governor’s proposal takes $12.2 billion from the state’s rainy day reserves to help cover the...
Gov. Pritzker signs into law state budget that relies on sportsbook tax hike, includes child tax...
Chicago Sun-Times· 19 hours agoThe signing of the spending plan in the West Loop’s state of Illinois building featured no fanfare — unlike Pritzker’s last two budgets in which he stood ...
Mass. tax collections were down $260M in May
The Republican· 3 hours agoMassachusetts collected $260 million less in tax revenue in May. But the state is still ahead of projections for the year as lawmakers head into the...
Sweeping Hawaii income tax relief becomes law
Honolulu Star-Advertiser· 2 days agoHawaii is now on a path to go from being almost the most burdensome state for income taxes to one of the least. Gov. Josh Green signed a bill into law...
Gov. Pritzker to sign $53B budget including tax hike on sportsbooks, businesses
ABC 7 Chicago· 1 day agoGovernor JB Pritzker is expected to sign the 2025 state budget on Wednesday. Last week, the House...
Democrats declare ‘Illinois is on the right track’ as Gov. J.B. Pritzker signs $53.1 billion budget
Chicago Tribune via Yahoo News· 15 hours agoCHICAGO — Fending off critics of the largest budget in Illinois history, Gov. J.B. Pritzker said the...
New CT budget leaves huge gap one year down the road
Hartford Business Journal· 4 hours agoDespite huge surplus projections and unprecedented state budget reserves, the financial future is scary for public colleges and universities, social...
Las Vegas Review-Journal: The rich pay more than their ‘fair share’ of taxes
Tulsa World· 4 hours agoOne of the most persistent myths in politics is that rich have lower tax rates than middle-income workers. The Joint Committee on Taxation recently released ...
Tax cut trigger likely to be hit in August; could total $18M revenue drop for FY 2025
West Virginia Watch via Yahoo News· 1 day agoAs August approaches, state leaders are still uncertain about what the impact could be of the...