Jackson Brainerd News Today

Revenues are slowing but lawmakers, at least in red states, have continued to enact major tax cuts this year.

One Connecticut lawmaker wants to exempt people in these areas from paying the state income tax. See whether you would qualify using our maps.

One Connecticut lawmaker wants to exempt people in these areas from paying the state income tax. See whether you would qualify using our maps.

Maryland lawmakers still need to finalize crucial details for how the state's new recreational cannabis industry will operate.

Taxes on newly legalized recreational cannabis in Maryland could be phased in over time as the state seeks to replace an illicit market with a regulated one.

If lawmakers adopt Gov. Kim Reynolds’ proposal this year, Iowa would become the 11th state in the country to have some form of flat tax.

OLYMPIA, Wash. (AP) — Washington state’s richest residents — including Jeff Bezos and Bill Gates — would pay a wealth tax on some financial assets under a bill proposed by a lawmaker who says she is seeking a fair tax code at a time when so many people are struggling due to the pandemic. Under the bill, a 1% tax would be levied on “extraordinary” intangible financial assets including cash, publicly traded options, futures contracts, and stocks and bonds — but not income. The firs...

OLYMPIA — Washington state’s richest residents — including Jeff Bezos and Bill Gates — would pay a wealth tax on some financial assets under a bill proposed by a lawmaker who says she is seeking a fair tax code at a time when so many people are struggling due to the pandemic.