State Income Tax

Thomas M. Neale's letter to the editor ("The wealthy pay more than their fair share," May 14) uses the usual Republican tactic of irrelevant statistics to confuse the issue of tax fairness. It does not matter that the top 1 percent of taxpayers pay 38...

TOPEKA, Kan. (AP) - Kansas Gov. Sam Brownback has signed massive cuts in state income taxes into law.     Brownback signed the bill during a Statehouse ceremony Tuesday.     A contentious debate continues about whether the cuts will usher in economic...

For a long time, you had to pay income tax on debt that your mortgage lender forgave. During the height of the housing crisis, the federal government offered a reprieve — it stopped collecting income tax on up to $2 million of forgiven mortgage debt...

LANSING, Mich. (AP) — Gov. Rick Snyder and Republican legislative leaders worked out a budget agreement Wednesday that would allow for a small cut in individual income taxes, twice as much money for film credits, a slight increase in education...

It took three carefully scripted days, but Maryland's ruling Democrats finally put in place the budget deal that eluded them in the waning hours of the state's regular session last month. The revenue package approved by the House on Wednesday will...

U.S. Sen. Bill Nelson, D-Fla., is delivering what his office says is a “major speech” to the Florida Council of 100 in Washington. The “major” news: – “The hyper-partisanship has to stop.   If it doesn’t, we...

Joining me in part three of a conversation about issues related to teacher pensions is Glen Brown, a retired suburban public high school teacher whose blog deals with education. Read part one of our exchange, which includes Brown's full bio,......

Joining me to continue a conversation about issues related to teacher pensions is Glen Brown, a retired suburban public high school teacher whose blog deals with education. Read part one of our exchange, which includes Brown's fill bio, here. To......

California taxpayers had a good April -– they're getting more than $2.6 billion in income tax refunds. But that's bad news for the state’s bottom line, because accountants expected to pay out only $2 billion....

California pulled in $1.38 billion in corporate taxes in April, falling about $145 million short of expectations, according to numbers from the Franchise Tax Board....

State Controller John Chiang continues to uphold the California Great Seal motto, "Eureka, I have found it!" But what Chiang is finding as controller is that California's economy, as measured by tax revenues, is still tanking. State tax collections for...

IRA Solutions, Inc.   Jesse Lipscomb, Investment Advisor CA Insurance Agent License: 0D22050 4025 Camino Del Rio South, Suite 300 San Diego, CA 92108 Phone: 619-280-2700 Jesse@FinancialCPR.net www.FinancialCPR.net       ++++++++++++++++++++ || ++++...