State taxes

The Democratic lawmaker proposed that the government should lend money to billionaires with large paper fortunes to help them pay wealth taxes.

The combined average U.S. sales tax rate rose for the first time in four years to a 10-year high of 10.1881%, according to a new report.

The rollout of New York's pied-à-terre tax can proceed for now after an appeals court temporarily put a hold on a Staten Island judge's order blocking the plan.

Crude oil volatility, gas tax holidays, and a handful of states that tie their tax rate to inflation can shift a client's monthly liability by six figures.

Parents of 51.7 million children now qualify for the new Education Freedom Tax Credit for scholarships, according to a new estimate released by its proponents.

A group of Democratic legislators in Connecticut with degrees from Yale University are threatening the school's tax-exempt status if leaders make a deal with the Trump administration over probes into admission practices.

A California business tax credit cap threatens to drive away film and television production, according to lawmakers who demanded a fix from Governor Gavin Newsom.

After decades of drawing in tens of thousands of new residents, Jersey City has suddenly found itself teetering on the financial brink.

Athletes from countries across the globe competing in the World Cup may be going home with an unwelcome prize this year: a hefty tax bill from the United States.

The state's new tax on second homes is nicknamed for its most famous part-time resident, but the levy will also squeeze owners whose houses are far less grand.

The Internal Revenue Service is having trouble keeping track of exactly which other agencies are receiving the data, according to a new report.

The state budget will be bolstered in part by a newly proposed tax on digital software sales.

Governor Gavin Newsom is calling for a federal tax on billionaires after failing to stop a California wealth tax from reaching the November ballot.

The comedian was arrested in Los Angeles for tax evasion and charged with owing over $300,000 to the state of California.

The group behind a proposed 5% wealth tax in California is pushing for a compromise with Governor Gavin Newsom by pitching a 2% levy instead.

The proposal to slash the tax to 4% from 5% can't go before Massachusetts voters in November because of misleading language in the official summary.

The proposal, which would impose a one-time 5% tax on a billionaire's net worth, has become one of the most closely watched political fights in California.

Some state lawmakers are introducing tax legislation targeting the growing use of artificial intelligence, according to a new report.

Local governments in Florida will face "greater credit pressure" if voters OK a plan to largely eliminate property taxes on over half of homes in the state.

Florida lawmakers approved a stripped-down version of a proposal from Gov. Ron DeSantis to slash property taxes, removing local school districts from the plan.