Latest Property taxes News

Montgomery officials tying tax bid to military future

Oct. 18, 2020 11:32 AM EDT

MONTGOMERY, Ala. (AP) — Officials supporting a move to raise property taxes in a bid to improve Montgomery's troubled public schools say defeat could endanger the future of its military facilities, a leading employer in central Alabama. A recent military report pointed out the area's lack of support for...

FILE - In this Nov. 6, 2018 file photo, Heather Duncan arrives to vote just before her polling place opens in the French Quarter in New Orleans.  Beyond the presidential and congressional races, Louisiana voters are sifting through questions in the fall election about abortion rights, sports betting and tax policy.   Top of that list, voters will decide whether to enshrine anti-abortion language in the Louisiana Constitution. (AP Photo/Gerald Herbert, File)

Louisiana ballot has questions on abortion, sports betting

Oct. 17, 2020 8:17 AM EDT

BATON ROUGE, La. (AP) — Beyond the presidential and congressional races, Louisiana voters are sifting through questions in the fall election about abortion rights, sports betting and tax policy. Seven statewide constitutional changes and a parish-by-parish proposition on sports wagering are on the Nov. 3...

IRS places tax lien against Baltimore prosecutor, lawmaker

Oct. 14, 2020 8:14 AM EDT

BALTIMORE (AP) — A $45,000 tax lien for three years of unpaid federal taxes has been filed against the property of Baltimore State’s Attorney and her husband, a state lawmaker who is the Democratic nominee for Baltimore City Council president. Records show the IRS filing from February seeks to...

Cook County owes $100 million-plus in property tax refunds

Oct. 9, 2020 12:03 PM EDT

CHICAGO (AP) — More than $100 million in property tax refunds is owed to thousands of Cook County residents, county Treasurer Maria Pappas says, and most have no idea they are due the money. “If people knew that they had this money, then they would come and get it,” Pappas said. “This...

Illinois Editorial Roundup:

Oct. 6, 2020 11:29 PM EDT

Here are editorials published in newspapers around Illinois. October 4, 2020 Chicago Tribune No property tax relief, no to `Pritzker Tax” If you voted early, you already know what the proposed Pritzker Tax amendment looks like on the ballot. It’s at the top, and the language is leading, not neutral:...

Idaho seeks dismissal of lawsuit over virus rescue money

Oct. 6, 2020 4:53 PM EDT

BOISE, Idaho (AP) — A lawsuit filed by an Idaho county against Republican Gov. Brad Little and other state officials that could upend plans for distributing $1.25 billion in coronavirus rescue money should be dismissed, state attorneys said. The attorney general's office in documents filed last week said...

Jay Peak challenging multimillion-dollar tax bill

Oct. 4, 2020 3:45 PM EDT

NEWPORT, Vt. (AP) — The northern Vermont ski resort that was involved in the largest fraud cases in the state’s history is challenging its multimillion-dollar property tax bill. Attorneys for Jay Peak Resort plan to fight a decision by the town of Jay not to reduce the resort's property tax bill by...

FILE - In this June 7, 1978 file photo, Howard Jarvis, right, and Paul Gann celebrate as their co-authored initiative Proposition 13 takes a commanding lead and ultimately won in the California primary in Los Angeles. On California's November, 2020 ballot, Proposition 15 would rewrite Proposition 13, the landmark 1978 measure that limits property tax increases and allows residential and commercial property to be reassessed only when it is sold. Proposition 19 would allow people 55 and older, and victims of wildfires and other disasters, to keep lower property taxes when they move to new homes. (AP Photo/File)

California voters to consider property tax overhaul

Oct. 3, 2020 4:19 PM EDT

SAN DIEGO (AP) — For decades, California's system of limiting property tax increases has been deemed sacrosanct, a third rail for any politician. The system tying taxes to the most recent purchase price now faces one of its biggest challenges. Since the 1978 ballot measure passed, sparking a national...

FILE - In this Monday, Aug. 3, 2020, file photo, President Donald Trump listens during a meeting with U.S. tech workers, before signing an Executive Order on hiring American workers, in the Cabinet Room of the White House, in Washington. The massive losses Trump has claimed on tax returns were reportedly due at least in part to huge deductions he took against the income his businesses had before and after he became president. (AP Photo/Alex Brandon)

Trump business deductions: sketchy, normal or in-between?

Oct. 1, 2020 7:32 AM EDT

NEW YORK (AP) — The massive losses Donald Trump has claimed on his tax returns were reportedly due at least in part to the huge deductions he took against the income his businesses made before and after he became president. A key question is whether those deductions reported by The New York Times were...

President Donald Trump talks about the Endurance all-electric pickup truck, made in Lordstown, Ohio, at the White House, Monday, Sept. 28, 2020, in Washington. (AP Photo/Evan Vucci)

Trump went even further than other uber-rich to shrink taxes

Sep. 29, 2020 3:54 PM EDT

WASHINGTON (AP) — The tax-avoidance strategies that President Donald Trump capitalized on to shrink his tax bill to essentially zero are surprisingly common among major real estate developers and other uber-wealthy Americans. Yet Trump characteristically pushed those strategies to the limit —...