“I’m disappointed that once again the taxpayer is being hit,” he said. “I realize you have to generate money. The taxpayer is the easy target to get that extra increase every year.”
Both memos are dated Nov. 18 and supersede successive, similarly temporary authorizations, the latest of which were set to expire at the end of 2021. The...
Thirteen years ago, Congress decided a tax credit for companies that blend biodiesel shouldn’t go to refineries that put just a drop of the alternative fuel’s...
Yet, as active as 2021 has been when it comes to state legislation that cuts state income taxes, 2022 is already shaping up to be just...
The new budget approved by the Republican-led North Carolina General Assembly and Governor Roy Cooper (D) make it 13 states where personal income taxes have been cut in...
Tax reform has been on Kentucky lawmakers’ minds for years, and while significant progress has been made recently, substantial work remains to be done. In 2018,...
