Tax cuts canada articles
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Oklahoma leaders not on the same page with income tax cuts
(The Center Square) - Oklahoma legislative leaders indicated they are still at odds over whether to enact income tax cuts during a budget meeting on Monday. The House of Representatives passed House Bill 2950 earlier this year. The bill would eliminate income taxes for the first $13,350 for single filers and $27,100 for those filing jointly. The remaining income would be subject to a 4.75% flat tax rate beginning in 2025, which would decrease by 0.25% every year the state has...
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On Politics: Legislature gets serious on tax cuts
If the Hawaii state Legislature closes as expected, the theme has to be the struggle of lawmakers to grasp the importance of recognizing and fixing state money problems.
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$13B tax cut clears major legislative hurdle
(The Center Square) – A plan that cuts taxes in Pennsylvania by $13 billion over the next five years cleared the state Senate on Tuesday. The proposal repeals a 2004 personal income tax raise and eliminates the gross receipts tax charge on electricity bills. It also makes a $6 million annual recurring transfer to the Alternative Fuels Incentive Fund and creates a $500 tax credit for volunteer paramedics. Republican leaders say the proposal eases inflationary...