When West Virginia lawmakers passed a wide-ranging tax cut in 2023, much of the attention focused on the immediate 21.25% income tax reduction. But in recent months, the main topic
When West Virginia lawmakers passed a wide-ranging tax cut in 2023, much of the attention focused on the immediate 21.25% income tax reduction. But in recent months, the main topic
From health care for immigrants in California to universal school vouchers in Tennessee, states are being forced to rethink expensive projects as tax revenues decline and federal pandemic aid ends. …
States rethink ambitious projects as tax revenues shrink and pandemic aid ends • Michigan Advance michiganadvance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from michiganadvance.com Daily Mail and Mail on Sunday newspapers.
State tax revenue fell last year by 4%, according to a Stateline analysis of U.S. Census Bureau estimates released this month. Revenue is still up since 2019 by about 28%, though, higher than the inflation rate of about 18% in that time.