Blue states consider exit taxes to keep departing millionaires as tax resistance grows.
Every politician eventually runs out of money for others to spend. It seems like blue states are losing governors and legislators quicker than their counterparts elsewhere. There’s a significant wave of new tax proposals popping up in states like California, New York, Washington, Massachusetts, Michigan, and Connecticut. What links these states? They all seem to […]
Frequent tax errors that lead to higher costs for taxpayers during filing season
Tax season tends to be quite a stressful time, and mistakes can make it even worse—potentially turning a normal filing routine into a costly headache. With tax day approaching quickly, just ten days away now, even minor errors can lead to delays in refunds or notifications from the IRS, which could include unexpected penalties. Here […]
BBB alerts about errors and scams related to tax filing as the deadline approaches
Tax Filing Decisions Loom as Deadline Approaches Seattle — With the April 15 tax filing deadline on the horizon, many people are faced with the choice between filing their taxes themselves or bringing in a tax professional. The Better Business Bureau warns that either route can lead to costly errors if taxpayers aren’t cautious. According […]
Car manufacturers’ association calls on government to eliminate gas tax and implement a vehicle weight charge.
Proposal to Replace Gas Tax with Vehicle Fee The head of a major automotive industry association has urged the federal government to eliminate the gas tax in favor of a vehicle fee designed to address road infrastructure funding. This push comes from John Bozella, the CEO of the Automotive Innovation Alliance, which represents significant manufacturers […]
Car manufacturers’ association calls on the government to eliminate the gas tax and introduce a fee based on vehicle weight.
Industry Groups Propose Changes to Fund Road Infrastructure Leaders from automotive industry groups, representing a majority of major car manufacturers, are urging the federal government to reconsider the gasoline tax. They are looking for a replacement in the form of vehicle tolls to help cover road maintenance costs. John Bozella, who heads the Automotive Innovation […]
The Democrats’ ‘Millionaires Tax’ Causes Significant Concern and Anxiety
Concerns Surround Washington State’s “Millionaire Tax” In Washington state, the recent “millionaire tax” has cast a shadow over business owners, who worry it may widen its net to include those earning less than a billion dollars. The implications of this tax have business operators, like barber Matt Humphrey from Seattle, feeling particularly anxious about potential […]
Tax refunds are showing a slight increase this year. Here’s how individuals are using them.
Some people splurge on tax refunds, while others find theirs eaten up by rising gas costs. Credit: Frederick J. Brown/AFP via Getty Images Having a son at H&R Block can be a real advantage, like having him manage your tax filings. This year, 23-year-old Carl Matthew Morrall helped his parents receive around $3,700 back. Jimmy […]
Georgia legislators approve reduction in income tax and provide relief for property tax.
Politics On the final day of the 2026 regular session, the General Assembly approved a budget but did not address issues related to Georgia’s voting system. Late Thursday, lawmakers passed measures to considerably reduce income taxes and diminish property tax relief. They also enacted a spending plan of $38.5 billion, which increases funding for child […]
Other states besides Florida and Texas are putting NYC’s struggling tax base at risk — this is the next major concern.
AI’s Impact on New York City’s Fiscal Plans Mayor Zoran Mamdani’s strategy to use tax funds in order to pull New York City out of its current financial mess encounters a fresh, somewhat under-discussed challenge—artificial intelligence, as pointed out by top financial experts. Recently, there have been signs of investors becoming hesitant to engage with […]
Eric Swalwell targets retirement funds and reduces tax payments while campaigning for governor of California
Swalwell Drains Retirement Savings in Governor Race Eric Swalwell is tapping into his retirement funds and deferring taxes as he runs for governor of California. The Democratic congressman, age 45, faces a challenging campaign landscape with a mere 17 percent approval rating in his district. He has already spent over $200,000 in campaign contributions, notably […]