U.S. Court of Federal Claims Rejects Constitutional Challenge to Federal Income Tax EnforcementThe U.S. Court of Federal Claims held that a taxpayer could not pursue constitutional claims arising from IRS income tax enforcement because certain claims fell outside the court’s jurisdiction and ...Bloomberg Tax News2d agoWhole story →JusticeEconomy
When the City of Tonawanda’s 9.9% tax hike isn’t high enoughTonawanda Mayor Bill Strassburg has proposed a nearly 10% tax levy hike in his 2027 budget. One city resident thinks the city should go even higher: to 21%.Buffalo Buffalo News2d agoWhole story →Economy
Backers of billionaire tax plan to attack Newsom in early presidential primary statesThe ad, funded by backers of the wealth tax, castigates Newsom for opposing Proposition 40, the ballot measure that would impose a 5% tax on California billionaires' assets.Los Angeles Times2d agoWhole story →EconomyGovernment
Trump DOJ arrests red state Dem in swing county days before midtermsHOUSTON — Federal prosecutors Thursday announced indictments accusing Fort Bend County Tax Assessor-Collector Carmen Turner of theft of government funds and wire fraud. U.S. Attorney Aaron Reitz, joined at a Houston news conference by agents from the regional office of the Federal Bureau of Investigation and representatives for the Texas Department of…Raw Story2d agoWhole story →EconomyJustice
2026 ballot measures are written at a graduate-school reading level, report findsThis year’s statewide ballot measures are written, on average, at a graduate-school reading level, according to a new report. The readability of 2026’s ballot questions — which ask voters to weigh in on issues as varied as abortion, property taxes, voter ID and firearms — varies by state, political data tracking nonprofit Ballotpedia found in […]Stateline2d agoWhole story →EconomyGovernment
IRS Makes It Easier to Fix Retirement Account MistakesThe IRS and Treasury Department announced two procedures Thursday aimed at making it easier to correct errors on retirement plans.Newsweek2d agoWhole story →Economy
Are California voters about to impose 'world's first' tax on billionaires?Voters are about to decide if the mega-rich among them should hand over billions of dollars to pay for improvements to healthcare.BBC News2d agoWhole story →EconomyHealth
Ramaswamy accuses Acton of ‘lying’ about attack ad, but court records contradict mother’s claim – as it happenedThis live blog is now closed. Sign up for the Breaking News US email With less than two weeks until the midterms, my colleague Jonathan Freedland and Guardian US columnist Moira Donegan are answering your questions in this week’s episode of Politics Weekly America. They break down the final stretch ahead of these hugely consequential elections, that will…The Guardian2d agoWhole story →EconomyGovernment
CT Gov. Lamont, Fazio release partial tax returns before electionGov. Ned Lamont and Republican challenger Ryan Fazio released partial tax returns Friday showing a vast gap in wealth between the two Greenwich residents.Hartford Courant1d agoWhole story →EconomyGovernmentNed Lamont
"A butter knife against a nuclear arsenal:" Tech billionaires vastly outspend wealth tax supportersMore than $351 million in political donations has been poured into a high-stakes contest about a proposed wealth tax on the November ballot, making it one of the most costly campaigns in California history.Los Angeles Times1d agoWhole story →EconomyGovernment
Federal Education Freedom Tax Credit set for Jan. 1, 2027 launch; states urged to opt inA new federal tax credit designed to expand access to K-12 scholarships is preparing for its nationwide launch in January.WJLA19d agoWhole story →EconomyEducationeducation freedom tax credit launch
Virginia’s status in school choice tax credit ‘in question’Virginia was the first state in the nation to opt into the Federal Scholarship Tax Credit, the first national school choice scholarship program, but there’s a chance Virginia will rescindRichmond Times-Dispatch16d agoWhole story →EconomyEducationschool choice tax credit debate
Rules released for federal scholarship tax credit programAs 30 states plan to opt into the federal scholarship tax credit program starting Jan. 1, it's not yet clear if all Nebraska students will qualify for a scholarship.Lincoln Journal Star19d agoWhole story →EconomyEducationfederal scholarship tax credit program rollout
Maine needs to opt into new federal education tax credit initiative | OpinionThe program has the potential to provide substantial educational resources for both public and private school students.Portland Press Herald1mo agoWhole story →EconomyEducationfederal education tax credit initiative
John James vows to opt into education tax credit if elected governorThe program gives a tax benefit for contributions to organizations that award private school tuition assistance and other education support.Detroit Free Press2mo agoWhole story →EconomyEducationJohn Jamesmichigan governor election
Democratic governors face pressure to join federal tax credit scholarshipDemocratic governors face mounting pressure to join Trump's federal scholarship tax credit program as more than half of U.S. states opt in to the school choice initiative.Fox News22d agoWhole story →EconomyEducationfederal scholarship tax credit rollout
Federal scholarship for private school and homeschooling opening to most kids in at least 30 statesThe Trump administration has proposed rules for a new federal scholarship program that launches at the start of next year. The scholarship can help families pay for private school, homeschooling and other educational expenses. Taxpayers who donate to the scholarship funds will get a federal tax credit. The program aims to support school choice and is…The Atlanta Journal-Constitution24d agoWhole story →EconomyEducationfederal scholarship tax credit launch
Michigan weighs Trump's federal scholarship tax creditThe credit reimburses taxpayers for donations to scholarship-granting groups, which disburse money to families for educational costs such as tuition.Detroit Free Press10d agoWhole story →EconomyEducationfederal scholarship tax credit debate
