In an abrupt change, the White House on Wednesday floated new plans to pay for parts of President Joe Biden’s $2 trillion social services and climate change package, shelving a proposed big increase in corporate tax rates though also adding a new billionaires’ tax on the investment gains of the very richest Americans. The reversal
Tesla will relocate its headquarters from Palo Alto, California, to Austin, Texas, though the electric car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Thursday. Musk, who last year said he was moving to Texas from California, gave no timeline for the move when he addressed shareholders at
Who’s cheating Uncle Sam the most these days? Earlier this year, a pair of IRS researchers joined with economists from Carnegie Mellon, the London School of Economics, and the University of California at Berkeley to explore that question. Americans up and down the income ladder, these analysts found, fail to report all their income. But the level
Dr. Lyle Rapacki interviews Arizona Senator David Livingston (R-22), who is running for State Treasurer. In this part, Sen. Livingston explains how the recent tax cut happened, and how the State Treasurer is a financial advisor to all the cities and towns of Arizona.
Arizona’s taxpayers now have a convenient new way to request a payment plan and manage their individual income tax liability through the Arizona Department of Revenue (ADOR) AZTaxes.gov website. Taxpayers can already make full or partial payments on AZTaxes.gov, but if unable to pay tax liability in full, an individual can request a monthly installment
Governor Doug Ducey signed legislation that further reduces and streamlines taxes while protecting small businesses from the threat of a 77 percent tax increase. “This tax cut will keep Arizona competitive for small businesses already operating here and new businesses flocking here every day,” Governor Ducey said. “After a year as tough as the last,