In a somewhat surprising move, Kentucky governor Matt Bevin has vetoed a proposed tax increase. Residents feared the new Kentucky tax law and its $480 million in new taxes would lead to an increase in cost of living. Continue reading New Kentucky Tax Law Is A No Go, Governor Vetos
Tag Archives: state taxes
Legislators Looking At Raising State Taxes in Kentucky
The Kentucky Legislature passed a large tax overhaul recently and are now asking for the governor’s signature. The catch? It looks like the point of the overhaul was aimed at raising state taxes in Kentucky. Continue reading Legislators Looking At Raising State Taxes in Kentucky
The Taxes in North Carolina Are A-OK For Now
Taxes vary around the country. While federal rates stay the same, state taxes can have a big impact on your earnings and cost of living. Taxes in North Carolina are roughly in the middle of the country, median-wise. Continue reading The Taxes in North Carolina Are A-OK For Now
What Is Going On With the Taxes In Connecticut?
Taxes in Connecticut are among the worst in the country, according to a recent report by 24/7 Wall Street. The Constitution state is first or among the top in several key tax categories. Continue reading What Is Going On With the Taxes In Connecticut?
Here Are The US Cities With the Highest Taxes
When you move to a different city, you adopt a few things. A new neighborhood, sometimes a new culture, a new home sport’s team. One thing you also adopt is a new tax burden. Each state and city in the US has its own share of taxes to consider and not all are created equal. Here are the US cities with the highest taxes (and the lowest!)
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Here Are The States With The Lowest Sales Tax
It is said that the only two things in life that are certain are death and taxes. Both of these come in many forms but the end result remains the same. Taxes come in many forms: property taxes, income taxes, and of course sales tax. However, like many things, not all taxes are created equal. Here are the States with the lowest sales tax.
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Colorado Child Care Tax Credit Faces An Uncertain Future
The cost of living in Colorado is on the rise. To combat this, state representatives have unveiled a possible solution. The Colorado Child Care Tax credit proposes to expand the state’s existing child care tax credit by an estimated $14 million. Whether it passes is uncertain. Continue reading Colorado Child Care Tax Credit Faces An Uncertain Future
North Dakota Tobacco Taxes Are Pretty Low
Property taxes, sales taxes, sugary beverages taxes, income taxes, and more. There’s a lot of taxes in the United States and perhaps none are as controversial as the tax on tobacco. For some residents of the mid-west, however, it’s a non-issue. North Dakota tobacco taxes are, as it turns out, pretty low. Continue reading North Dakota Tobacco Taxes Are Pretty Low