In his candid letter, Marc Bush urges Congress to launch a new era of tariff-based funding for the federal government. Citing America’s early history without income taxes, he argues that returning to tariffs could help avert shutdowns and stabilize the nation’s budget.

Norton’s annual town meeting will feature four critical decisions: how to treat PFAS in local water, whether to upgrade water mains on Elm Street, providing a property tax exemption for disabled veterans and seniors, and lowering the qualifying age from 70 to 65 for that exemption. Attendees will weigh these measures that could significantly affect local infrastructure and tax policies.

Bossier City officials have unveiled an approach they believe will skip a property tax increase while saving local taxpayers nearly $5 million. The plan underscores the city’s broader “fiscal belt-tightening” efforts to manage its next budget without placing further burdens on property owners.

Brazil’s lawmakers have voted to exempt monthly incomes up to 5,000 reais (about US$940) from taxation, aiming to relieve financial pressure on low earners. This shift in fiscal policy could significantly affect the take-home pay of millions of workers across the country.

Schenectady homeowners are facing a $240 annual property tax increase under Mayor Gary McCarthy’s just-released 2026 budget proposal. The plan is set to exceed the state tax cap, sparking questions about its potential impact on residents and city finances.

A once-promising outlook for minimal tax changes has shifted with the Janesville City Council’s approval of a substantial preliminary levy increase. Local residents may now face a steeper property tax burden than initially expected in the coming year.

Virginia taxpayers are set to receive income tax rebates as part of a budget initiative passed by the General Assembly. Governor Glenn Youngkin is using this move to underscore his administration’s commitment to financial relief and bolster his legacy.

Losing an IRS tax exemption leaves nonprofits and their volunteer leaders without critical benefits. Once that status lapses, the organization’s financial advantages—and the income tax perks for volunteers—immediately cease.

Rural leaders in 40 counties are bracing for corrosive budget deficits after the lapse of a federal program designed to compensate for the lack of local taxes on federal land. If no solution is found, these communities fear shortages for essential services ranging from roads to public schools.

The SALT deduction limit is set to rise to $40,000 in 2025. Experts say this could spell significant tax savings for many Americans, particularly those in high-tax states, and even present a rare chance for some to pay 0% capital gains.

A proposal to limit property taxes in Texas cities and counties faces an uphill battle as the special legislative session draws to a close. Lawmakers pushing the plan say it is “on life support,” suggesting that time may be running out for meaningful reform.

Tax season may be months away, but for those who pay quarterly estimated taxes, the September 30 deadline is critical. By acting now and considering deductions, there’s still time to reduce what you owe.

Year-round bookkeeping is the key to stress-free tax filing, explains Sandy Richard of S & A Bookkeeping in Worland, Wyoming. By maintaining steady communication with a bookkeeper and organizing records well in advance, small business owners can avoid unwelcome tax surprises and keep their finances on track.

A longtime West Nashville homeowner worries he may no longer afford the house his father built, as a recent assessment shows the property’s value climbed by $340,000 since 2021. The steep property tax increase now looms as a financial hurdle, potentially forcing him to leave the place he’s always called home.

A recent study indicates that billionaires in the United States may be paying a lower tax rate than most other citizens, pointing to a shift in how top earners contribute. Multiple outlets, including CBS News and The Atlantic, have raised questions about whether recent policy changes favored the ultra-wealthy.

A recent study finds that the wealthiest 400 Americans pay a 24% tax rate—lower than that of the average taxpayer. Economists behind the research say it highlights a growing gap in the country’s tax burdens.

Ten members of the Jacksonville City Council are backing a property tax rate cut, with support from Florida’s GOP Chairman. Mayor Donna Deegan, however, attributes the decision to political pressures from state leaders, highlighting ongoing tensions around local taxation.

David Splinter’s latest commentary reveals that while the U.S. tax system is highly progressive overall, some billionaires may still face lower effective tax rates than previously assumed. His data indicates rates can climb to 45% at the top 0.01% of earners yet could be lower among those with the greatest wealth.

HarperCollins Publishers is looking to build a large-scale logistics facility in Brownsburg, Indiana, backed by a major financial investment. Town officials are discussing a possible tax break to secure the project, which is expected to open in 2028 and generate millions in tax revenue over the coming decade.

For the third year in a row, Missouri City leaders are proposing no changes to the local tax rate. Residents may see this familiar number continue, offering consistency in municipal revenues and civic planning.

Thailand plans to introduce a groundbreaking negative income tax system by 2027, fundamentally reshaping how its citizens and expats navigate financial obligations. A new data lake initiative will also streamline government welfare programs and fiscal management, illustrating the country’s commitment to modernizing its economic infrastructure.