The interim government's decision to increase value-added tax (VAT) and supplementary duty (SD) has drawn sharp criticism from business leaders, politicians and academics, with some labelling the move ...
Newsom and lawmakers, as part of budget negotiations last year, reached a handshake agreement to make cuts, defer programs ...
New revenue projections suggest a windfall to help pay for schools and state government. That determination was made Friday ...
Gavin Newsom's mistaken belief in a $97 billion phantom surplus three years ago still complicates the newest budget proposal.
The agency says it is fully prepared for filing season in the near term but backlogs could return if the Trump administration ...
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The catastrophic wildfires devastating Los Angeles will likely delay tax deadlines for people in affected areas, which will ...
It’s that time again! A new budget proposal from Gov. Gavin Newsom will be a starting point for negotiations with state ...
Governor Janet Mills on Friday unveiled her administration's budget proposal for the Fiscal Year 2026-2027 biennium.
Reports issued this week by fiscal agencies revise upward by about $1.7B over two years the amount of tax revenue the state is expected to collect.
As old tax sources plateau, we need new avenues of taxation. A progressive luxury tax—say on houses priced over ₹10 crore and ...
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