Senate Banking Committee Chairman Tim Scott (R-SC) says President Donald Trump and congressional Republicans are prioritizing economic relief for working Americans.
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.
President Donald Trump has stirred controversy within the Republican Party by suggesting a potential tax increase on the ultra-wealthy, a move that has drawn sharp criticism from conservative leaders.
Harvard University may soon lose its federal tax-exempt status, as the Internal Revenue Service (IRS) advances action at the request of the Trump administration.
For the first time in its history, Spokane Valley will put a sales tax increase to a public vote this August. The city council voted 5-1 to approve the ballot measure, which proposes a one-tenth of 1% sales tax hike to fund the hiring of additional police officers.
California’s once-booming economic engine is now flashing warning signs, according to the American Legislative Exchange Council’s latest “Rich States, Poor States” report. While the Golden State still ranks high in historical economic performance, its future outlook continues to darken under the weight of taxes, regulatory overreach, and declining private-sector employment.
For the 12th consecutive year, New York has landed at the very bottom of the American Legislative Exchange Council’s (ALEC) “Rich States, Poor States” economic outlook rankings. The report, released Tuesday, ranks all 50 states based on 15 factors related to taxation, regulation, labor costs, and economic policy.
