(The Center Square) – Democrats are pitching a new wealth tax on billionaires to be used to send $3,000 payments to those making $150,000 or less, but the measure faces long odds in the Republican-controlled Congress.
(The Center Square) – A report from the International Monetary Fund warns that U.S. debt is likely to remain elevated in the coming years, a risk for the U.S. and the global economy.
By Bethany Blankley | The Center Square contributor
Updated
(The Center Square) – The five largest cities in the United States, all led by Democrats, did not have enough money to pay their bills in 2024, according to a new Truth in Accounting report first provided to The Center Square.
(The Center Square) – A growing debate over how tipped income is taxed in Illinois has resurfaced as state Rep. Regan Deering, R-Decatur, introduced legislation aiming to align Illinois law with the federal “No Tax on Tips” policy.
LEE McPHERSON, AAMS, CRPS
Financial Advisor, Edward Jones
Updated
The new year brings more than resolutions and fresh starts; it also ushers in several tax changes that could affect your wallet. Whether you’re saving for retirement, funding your child’s education or supporting your favorite charity, here’s are a few things you need to know about the tax landscape in 2026.
By Zachery Schmidt | The Center Square contributor
Updated
(The Center Square) - Arizona taxpayers will actually save more than the original estimate of $1.1 billion over the next three years if the Republican majority in the Legislature passes its tax plan, according to a think tank.
(The Center Square) – Lawmakers introduced a bipartisan proposal to cap annual deficits at 3% of GDP, but this resolution would still permit spending beyond annual revenue.
(The Center Square) – Colorado Springs and Denver rank among the least expensive U.S. cities for property tax burden, while Boulder homeowners pay some of the most expensive in the state.