U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
The new budget forecasts predicted that the United States will record a $1.9 trillion budget deficit this fiscal year and ...
CBO sees US 2025 deficit flat at $1.9 trillion before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
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Tax Return and Tax Refund: What's the Difference?
A tax refund is money returned to you by the US Treasury if you overpaid your state or federal taxes during the previous year ...
How to get property tax relief if your house burned in the fires
Let’s assume that a house destroyed by the fires had a $1-million market value and a $600,000 taxable value this year.
Mississippi House passes $1.1 billion income tax elimination-gas and sales tax increase plan
A bill that phases out the state income tax, cuts the state grocery tax and raises sales taxes and gasoline taxes has passed ...
US clean energy tax subsidies to cost $825 billion over 10 years, CBO says
U.S. clean energy tax subsidies under President Joe Biden's signature Inflation Reduction Act will boost U.S. budget deficits ...
Supreme Court blog publisher Tom Goldstein, a high-stakes poker player, indicted on tax charges
The publisher of a prominent blog about the Supreme Court has been indicted in a multimillion-dollar scheme to evade federal ...
CBO projects US debt to grow $23.9 trillion in 10 years, not including costs of extending tax cuts
The national debt is slated to rise by $23.9 trillion over the next decade, a sum that does not include trillions of dollars ...