Taxes

The Florida Legislature voted Tuesday to place a constitutional amendment on the November ballot that would dramatically expand homestead exemptions for primary homeowners, potentially making Florida the first state in the nation to slash property taxes at this scale.

Some 215,000 federal government employees failed to pay their federal taxes in 2024, and the collective tab has reached $2.1 billion, according to a report released by the Treasury Inspector General for Tax Administration.

Minnesota Gov. Tim Walz introduced an expansive gun control package Tuesday that includes a proposed tax on firearms and ammunition.

Illinois Senate Democrats are advancing a new slate of tax proposals targeting digital advertising, billionaires, and large corporations.

State Rep. Jeremie Dufault, R-Selah, has introduced two bills aimed at reversing tax hikes recently enacted by Democrat lawmakers in Washington.

Senate Banking Committee Chairman Tim Scott (R-SC) says President Donald Trump and congressional Republicans are prioritizing economic relief for working Americans.

Restaurants in Washington — normally counting on the holiday season to boost business — may face a “blue Christmas” instead.

California is considering a one-time 5% wealth tax on billionaires through the “2026 Billionaire Tax Act,” aimed at filling gaps in Medicaid.

Indiana Governor Mike Braun announced a special legislative session set to begin November 3 to redraw congressional districts and update the state’s tax code in line with the new federal “One Big Beautiful Bill Act.”

Senate Majority Whip John Barrasso (R-WY) firmly opposed President Donald Trump's recent suggestion to raise taxes on high-income earners, reaffirming the Republican Party's commitment to tax cuts and fiscal conservatism.