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What to know about Gov. Stitt's budget plans: Tax cuts, funding cuts for state agencies
Republican Gov. Kevin Stitt's budget would cut millions from many state agencies and spend close to $250 million for new tax cuts.
Va. lawmakers float broad tax cuts instead of Youngkin’s targeted plan
Bipartisan committees in the Virginia House and Senate proposed ditching the governor’s plan to eliminate taxes on tips and cars in favor of broader cuts.
Virginia Democrats keep car tax in counter to Youngkin’s proposed cuts
Virginia Democrats offered up their own proposal for tax cuts to residents in the commonwealth after Gov. Glenn Youngkin (R-VA) proposed relief that included phasing out the car tax. The Democratic proposals from both the state Senate and House of Delegates claim to provide $977.
Virginia Democrats propose $1 billion in tax rebates in lieu of Youngkin’s car tax plan
The Virginia House and Senate introduced budget plans that forego Gov. Youngkin’s proposed car tax credit and elimination of the state tax on tips. Instead they would allocate the $1.1 billion car
Virginia Democrats dump Youngkin's proposed tax cuts in favor of onetime rebates
Youngkin’s proposed amendments would give permanent cuts to lower- and middle-income residents during tax season.
Axios on MSN
32m
House GOP eyes new Plan B on extending Trump tax cuts
Why it matters: Extending the 2017 Trump-era tax cuts is a huge GOP priority on the Hill. But the price tag is complicating ...
7h
on MSN
Republicans stare down massive deficits to extend Trump tax cuts
Caught between the debt and their tax base, Republicans are considering some novel ways to account for the cost of their ...
News 12 Networks
20h
$1,000 extra per year? CT Republicans pitch big tax cut, but can the state afford it?
Republicans in the state Senate proposed sweeping tax cuts on Monday. But with growing budget needs and uncertainty from the ...
Center on Budget and Policy Priorities
1d
2025 Budget Stakes: High-Income Tax Cuts, Price-Hiking Tariffs Would Harm Families
High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...
Hartford Courant
9h
CT Gov. Lamont unveils 2-year budget with tax cuts for middle class; hospitals not happy
Gov. Ned Lamont unveiled his new two-year budget Wednesday with new and increased funding for several programs thanks to a ...
5h
on MSN
Bank of England to resume rate cuts with outlook complicated by tax hikes and Trump tariffs
Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S ...
Cowboy State Daily
11h
Senate Passes 50% Property Tax Cut, Would Be Largest In Wyoming History
The Wyoming Senate passed a property tax bill Tuesday that at a 50% cut would be the largest in state history. Opponents say ...
16h
on MSN
Kentucky lawmakers send bill to cut the state's income tax to the governor. He supports it.
Final passage came on a 34-3 Senate vote to lower the tax to 3.5% from 4% at the start of 2026. The bill goes to Democratic ...
20h
on MSN
CT Senate GOP: Cut income tax, freeze state employee wages
In addition to a state employee wage freeze and income tax cut, CT Republicans want to cap municipal property tax increases ...
2d
India Tax Cuts to Lift Saving, Consumption, Says Kotak Executive
The extra cash in the hands of people following the tax tweaks in India’s budget will have a “multiplier effect on the ...
8h
on MSN
Strategist: More tax cuts could lead to a 'policy mismatch' and increase U.S. trade deficit
Kevin Gordon of Charles Schwab discusses the market impact of tariffs on earnings. He sees a policy mismatch from U.S.
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