Tag: Local taxes
How the growing Atlanta economy burned low-income renters, homebuyers
Metro Atlanta is on a hot streak.More than 6 million people now live in the region, according to recent Census Bureau estimates. Experts say that's ab [...]
The Mega Millions jackpot is now $1.02 billion. Here’s the tax bill
MARK RALSTON | AFP | Getty ImagesOne way to reduce your tax bill is to think charitably, according to the American Institute of CPAs: You can contribu [...]
Mega Millions jackpot is $810 million. If it’s won, here’s tax bill
Scott Olson | Getty ImagesIf you manage to beat the odds and land the next Mega Millions jackpot, don't forget that Uncle Sam will snatch a slice of t [...]
If you win the $630 million Mega Millions jackpot, here’s the tax bill
MARK RALSTON | AFP | Getty ImagesSo you didn't win the $555 million Mega Millions jackpot Tuesday night.The glass half-full view? Phew! You dodged a h [...]
House Democrats push for repeal of rule blocking SALT cap workaround
Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021 [...]
The benefits of major cities amid remote work and rent inflation
Many renters believe that a cost-of-living crisis is brewing in America's major cities.New York City is showing up as a hotspot of rent inflation. The [...]
House Democrats push for SALT relief in appropriations bill
Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021 [...]
Supreme Court rejects SALT limit challenge from New York, New Jersey
Rep. Judy Chu, D-Calif., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol.Sarah Silbiger | [...]
How companies like Amazon, Nike and FedEx avoid paying federal taxes
The current United States tax code allows some of the biggest company names in the country to not pay any federal corporate income tax.In fact, at lea [...]
There’s a growing interest in wealth taxes on the super-rich
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021.Greg Nash | Pool | ReutersAmericans increasingly [...]
Homebuilders turn to mixed-use districts, master-planned communities
Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better.U.S. h [...]
Which countries have the best passports? Most are in Europe
A new index ranks Luxembourg as the top passport in the world for aspiring global citizens. The small European country ranked No. 1 out of 199 places [...]
What to know before filing business taxes for the first time
In 2021, amid the ongoing pandemic and "Great Resignation," Americans filed a record 5.4 million applications for new businesses, according to data fr [...]
Top earning New Yorkers could face 61.2% combined tax rate under House plan
The word "taxes" is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021.Andrew Kelly | [...]
State and native tax cap could also be right here to remain for the best earners
Excessive earners in excessive tax states cheered the information final week that Sen. Bernie Sanders included reduction from the state and native [...]