Federal legislation hits bankers dumping pre-failure stock with 100 percent tax on profits
Arizona Independent Sen. Kyrsten Sinema is co-sponsoring a bill to crack down on bank executives who may try to financially benefit amid a collapse.
Taxes
Iowa Senate panel votes to abolish state income tax
The Iowa Legislature's powerful Ways and Means Committee has advanced a measure to eliminate the state income tax.
South Dakota House unanimously approves historic sales tax cut
A bill that would provide what lawmakers call the "largest tax cut in state history" passed the South Dakota House Thursday by a unanimous vote.
Biden touts new budget with tax hikes, critics push back
President Joe Biden released his 2024 budget Thursday that includes a trove of tax hikes, quickly sparking pushback from critics.
Colorado Senate unanimously passes bill curtailing collection of delivery fees
A bill exempting some small businesses from collecting retail delivery fees unanimously passed out of the Colorado Senate Monday.
Record amount of sales taxes paid into Texas coffers
Individuals and businesses in Texas continue to pay a record amount of sales taxes.
Kansas February tax collections vastly exceeded state projections
Kansas collected more tax revenue than it expected in February.
Oklahoma governor wants taxpayers to decide how to spend surplus
Oklahoma is in a financial position to manage any significant economic disruptions with millions in savings, Governor Kevin Stitt said Friday.
Municipal food tax ban closer to reality in Arizona
Arizona families could soon be saving money on their groceries.
Oklahoma committee greenlights income, grocery tax breaks
Two bills that would reduce personal income taxes and one that would eliminate the state's portion of the grocery tax received "do pass" recommendations from the Oklahoma House Appropriations and Budget Committee Thursday.
