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Income Tax

A collection of news and information related to Income Tax published by this site and its partners.

Top Income Tax Articles

Displaying items 111-121
  • TEXT: Gov. Kaine outlines the state budget for 2010-12

    Balanced budget preserves safety net programs, maintains Triple A bond rating, maintains position as national leader through combination of cuts and revenue RICHMOND – Governor Timothy M. Kaine today unveiled the 2010 caboose budget and 2010-2012...
  • File California tax system revision effort under flawed

    In these budget-crisis days, when California citizens showing true public spirit are thin on the ground, I propose a tip of the hat to Gerald L. Parsky. Parsky, 66, a prominent Los Angeles lawyer and investment executive, has shouldered the thankless...
  • State Budget Bill Lowers Sales Tax, Increases State Income Tax For Rich

    State Budget Bill Lowers Sales Tax, Increases State Income Tax For Rich
    The state House of Representatives late Monday approved a Democratic-written budget bill that would cut estate taxes for the wealthy, reduce the sales tax for everyone and increase the state income tax for couples earning more than $1 million a year. For...
  • Obama signs $787 billion stimulus bill: What's in it for you?

    Taxes: The recovery package has tax breaks for families that send a child to college, purchase a new car, buy a first home or make the ones they own more energy efficient. Millions of workers can expect to see about $13 extra in their weekly paychecks,...
  • Schwarzenegger eager to sign budget, stump for measures

  • A national healthcare reform primer

    A national healthcare reform primer
    Most people with health insurance say they like what they have. They trust their doctors, and they are fearful of any change in their policy. Many of the 47 million uninsured people in this country don't go to the doctor even if they need to because they...
  • Illinois income tax rate may rise by 50%

    Illinois income tax rate may rise by 50%
    TRIBUNE UPDATE: Gov. Pat Quinn today acknowledged he plans to raise income taxes in the wake of a Chicago Tribune story that he is considering a 50 percent increase on individuals. He declined to confirm details in the Tribune report, which said he is...
  • State cannot afford to roll back tax hikes

    SACRAMENTO -- With the state's finances already reeling deeper into the red, officials declared this morning that California has fallen short of the federal stimulus money needed to avoid the full brunt of tax hikes and spending cuts lawmakers approved...
  • Quinn suggests tax switch

    Gov. Pat Quinn added a new wrinkle Thursday to his current proposal for raising income taxes by 33 percent, saying that if it succeeds, he would ask school districts to cut property taxes in return. "If you get additional new money from Springfield, from...
  • Finding caregiver tax deductions

    Finding caregiver tax deductions
    Q. Are there any tax deductions or credits that I would be eligible for due to caring for my husband who has Alzheimer's? Yes, there are. Consult your tax person for the details, but here are some guidelines. Deductible care-giving costs may include:...
  • Dems scramble for tax deal amid Quinn's inauguration

    Dems scramble for tax deal amid Quinn's inauguration
    SPRINGFIELD -- Illinois Democrats are scaling back a major income tax increase as they search for votes in a frantic, last-ditch effort to deal with the state's crippling budget crisis. After rank-and-file lawmakers balked at a 75 percent hike in the...