Top Republicans are passing around a 50-page list of ideas on how to cover the cost of a tax cut and immigration crackdown ...

Nine days into the 2025 session, majority Democrats in the Washington State Legislature have yet to tip their hand on several ...

Britain’s largest retailers are warning that higher taxes and employment costs are pushing them to raise their prices and ...

Previously, most transit agencies were unable to benefit from these tax credits due to their tax-exempt status. “The Inflation Reduction Act opens unprecedented doors for public transportation to ...

"While a full comprehensive review of the direct tax code may take time, we might see some initial steps towards its implementation in this Budget. I also hope for a reduction in personal income ...

He said the reduction of corporate and value-added taxes would foster economic growth and boost government revenue. Oye made the suggestion in a statement titled “Options for Economic Reform and ...

Many companies are beginning to send out W-2 forms which marks the beginning of an almost three month-long tax season. From late January to mid-April, millions of Americans will be required to ...

Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. From reproductive rights to climate change to Big Tech, The ...

Another state, South Carolina, has made a temporary income tax reduction permanent as of the same date.

During Congress' bid to stop a government shutdown, the IRS lost $80 billion it was supposed to get as part of the Inflation Reduction Act. This loss, along with new tax tier and deduction ...