Latest Personal taxes News

Georgia's Kemp seeks tax breaks, rebutting Abrams on economy

Aug. 11, 2022 01:45 AM EDT

ATLANTA (AP) — Georgia GOP Gov. Brian Kemp will unfurl his first major policy proposals of his reelection bid Thursday, pledging another state income tax rebate and revival of a long-dormant state property tax break while contending with Democratic challenger Stacey Abrams over who's best for the...

Long-delayed Indiana tax rebate checks will be larger

Aug. 10, 2022 14:47 PM EDT

INDIANAPOLIS (AP) — About 1.7 million tax rebate checks from Indiana’s big state budget surplus that have been delayed for months will be larger when they finally start hitting mailboxes. State lawmakers last week approved a second round of rebates amounting to $200 per taxpayer,...

Abrams seeks to invest to build inclusive economy in Georgia

Aug. 09, 2022 21:06 PM EDT

ATLANTA (AP) — Democratic gubernatorial candidate Stacey Abrams argued in a speech Tuesday that it's time for Georgia to use its budget surplus to invest in its residents, accusing Gov. Brian Kemp and other Republicans of hurting the state by prioritizing low taxes and low spending. ...

Congress can get Trump tax records, appeals court rules

Aug. 09, 2022 15:19 PM EDT

WASHINGTON (AP) — A federal appeals court sided Tuesday with a House committee seeking access to former President Donald Trump's tax returns, rejecting Trump's contention that Congress was overstepping. A three-judge panel of the U.S. Court of Appeals for the District of Columbia...

Indiana GOP lawmakers settle on $200 for tax rebate payments

Aug. 04, 2022 18:43 PM EDT

INDIANAPOLIS (AP) — All Indiana taxpayers would be eligible for $200 rebate payments from the state’s surging budget surplus under an apparent deal reached Thursday among Republican legislators. Those payments will be less than the $225 refunds that were originally proposed by...

Illinois gets inflation-relief tax break on school supplies

Aug. 04, 2022 14:48 PM EDT

SPRINGFIELD, Ill. (AP) — Inflation means stocking up on pencils, notebooks, crayons and clothes for your kids’ return to school is more expensive this year, so Illinois state leaders on Thursday offered a 10-day sales tax reduction on classroom needs. Beginning Friday, the state...

Indiana Republicans still split on tax rebate proposal

Aug. 03, 2022 16:24 PM EDT

INDIANAPOLIS (AP) — Indiana Republican lawmakers remained far from agreement Wednesday on whether to go along with the governor’s proposal to give each taxpayer a $225 rebate from the state’s surging budget surplus. The Republican-dominated House and Senate have advanced vastly...

Indiana Senate approves funding for children, pregnant women

Jul. 29, 2022 15:42 PM EDT

INDIANAPOLIS (AP) — Indiana senators on Friday approved a measure to direct funding toward programs that help pregnant women, children and people who adopt during a divided special session where lawmakers have been wrangling over a proposal to ban nearly all abortions in the state. ...

Editorial Roundup: New England

Jul. 29, 2022 07:11 AM EDT

Hearst Connecticut Media. July 24, 2022. Editorial: State child tax credit needlessly complicated It’s safe to assume that the Connecticut child tax credit, like the federal version it’s modeled after, was passed with the best of intentions. There are undoubtedly...

Senate deal should make it easier to buy electric vehicles

Jul. 29, 2022 01:04 AM EDT

DETROIT (AP) — The surprise deal by Senate Democrats on a slimmed-down bill to support families, boost infrastructure and fight climate change also is likely to jump-start sales of electric vehicles. The measure agreed to by Senate Majority Leader Chuck Schumer and holdout Sen. Joe...