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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 23-33
  • O'Malley makes his case for 'investments' in Maryland

    O'Malley makes his case for 'investments' in Maryland
    Gov. Martin O'Malley used his State of the State address Wednesday to make his case for his most ambitious legislative agenda since taking office. Now comes the hard job of selling it. In an upbeat, 33-minute speech to both chambers of the General...
  • Legislative Session Opening Day: Minimum Wage

    House Speaker Chris Donovan has proposed raising the minimum wage in Connecticut from $8.25 an hour to $9 on July 1 and to $9.75 the following July — and in the future having it rise with inflation. Currently, only Washington has a minimum wage...
  • Emanuel defends income-tax hike refund seizure

    Emanuel defends income-tax hike refund seizure
    Mayor Rahm Emanuel today gave an impassioned defense of the city’s effort to intercept millions in state income tax refunds from people across Illinois who owe City Hall money. The speech came after the City Council approved the plan 41-8. “...
  • Beavers says feds indicted him on tax charges when he wouldn't wear wire

    Beavers says feds indicted him on tax charges when he wouldn't wear wire
    Cook County Commissioner William Beavers was indicted Thursday on charges he failed to pay taxes on tens of thousands of dollars in campaign funds that he used to pay off personal expenses. But the storied, tough-talking 77-year-old Democrat denied the...
  • O'Malley should get rid of the mortgage deduction altogether

    Gov.Martin O'Malley's effort to cut back on tax loopholes is a necessary step to reduce the state's income tax, and eliminating the mortgage interest income tax deduction is a good place to start ("Realtors to rally against proposed change affecting Md....
  • 'Doomsday' budget lays out grim choices

    Senators from Baltimore and the state's largest counties reacted with dismay Tuesday as the General Assembly's chief policy analyst laid out the details of what has been dubbed "the doomsday budget." Warren Deschenaux walked the Senate Budget and...
  • Ned Lamont: Give Small Businesses A Boost

    Connecticut has had zero net job creation since 1988. We have our jobs strategy exactly backward. Jobs are created by small business and shed by large business, yet Connecticut subsidizes big business and penalizes small business. Increasingly, big...
  • Cain says willingness to admit mistakes is presidential

    Cain says willingness to admit mistakes is presidential
    Republican White House contender Herman Cain, his candidacy under increased scrutiny and heightened criticism as he has moved to the top of some national polls, said today his willingness to admit mistakes is a presidential quality. “The thing that...
  • The flat tax fraud

    The flat tax fraud
    The so-called "flat tax" is all the rage among Republican presidential hopefuls. Herman Cain was the first. Now, Rick Perry and Newt Gingrich have come up with their own flat-tax proposals. The flat tax is a fraud. It raises taxes on the poor and...
  • At last, state gets good budget news

    For the first time since a recession gripped the country in 2008, Maryland is approaching a General Assembly session with good fiscal news: Neither tax increases nor drastic budget cuts are likely to be needed to balance the budget. The improved forecast...
  • Marylanders brace for taxes as part of 'fiscal cliff' deal

    Marylanders brace for taxes as part of 'fiscal cliff' deal
    Regardless of whether the president and Congress strike a deal or take the nation headfirst over the "fiscal cliff," federal taxes for some Marylanders will increase next year — and under some scenarios the pain could be worse than in other states....