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Balances in rainy-day funds hit all-time highs in 37 states by the end of the 2022 fiscal year. That's the biggest tally in over two decades.
March 20 -
State PTE taxes, Maryland's digital ads tax and tax rate reductions are at the forefront.
February 7 -
Most states will be able to absorb the impact on their revenue from tax cuts, even if they face a mild recession next year, but some could have trouble.
October 31 -
Half of U.S. states saw year-over-year drops in June, suggesting state revenues may continue to drop.
September 27 -
California drew in 11% less in personal income tax revenue than it expected so far this year.
September 19 -
More than half of U.S. states are using record budget surpluses to fund their biggest collective tax break in decades.
August 10 -
The government’s debt dynamics have strengthened thanks to recent improvements in the economy and increased revenue, according to credit assessor Fitch Ratings.
July 11 -
Two U.S. states are steaming ahead with programs that will permit taxes to be paid in cryptocurrency, but the idea has been shelved almost everywhere else.
July 5 -
Giants like DraftKings and FanDuel are asking legislators to change the rules to lower their taxes after agreeing to them just last year.
June 17 -
The state had an average annual net out-migration of 28,700 part-year residents, or 0.3% of taxpayers, between 2015 and 2019.
May 23