Next week, Governor Brown will announce revised state budget for May and California is expected to have an important surplus for the first time in years. However, before Californians expect too much from the Legislature…
Eric Swalwell’s (D-CA) H.R. 952, the “Main Street Revival Act,” would allow new small businesses to defer first year business taxes over a 4 year installment plan. On Wednesday, the bill got a new co-sponsor, from Rep. Chris Collins (R-NY)…
Over 90 percent of public education funding comes from state and local taxes. Having filed taxes and paid a certain amount (or had an amount returned), it’s important to know where that money goes.
While the IRS reports a dramatic increase in fraudulent tax returns and tax return theft for the second fiscal year in a row, the agency’s reported tax-crime figures vary wildly.
Rather than address the breaks, loopholes and preferences for the rich head on, Congress papered them over with a parallel tax system called the Alternative Minimum Tax (AMT).
The idea behind the school voucher system is essentially that parents receive a voucher for the tax money that would have funded a public school, and this voucher can be used to pay for a child to attend…
Not long after House members were sworn in last week, Georgia Representative Rob Woodall (R) introduced his first bill to establish the FairTax.
