One of President Trump’s proposals for his new term is to abolish the federal income tax and replace it with tariffs as the primary revenue source for the ... the total dollar value of deadweight ...

Each municipality and county will receive $58,000 for every licensed retail store and microbusiness based on revenue collected from the marijuana excise tax. Detroit will receive the most money of ...

As more credit unions acquire banks, tax revenue drops further. For Washington, where credit union assets are nearing $90 billion, the loss of tax revenue is particularly painful. Lawmakers must ...

Revenue: $268 million for the year ended December ... Increased to $268.2 million in 2024 from $184.7 million in 2023. Gross Loss: $580,000 for 2024 compared to a gross profit of $2 million ...

In a post on X Thursday morning, Minnesota Management and Budget said the upcoming two-year budget is expected to have a $456 million surplus, which is $160 million lower than prior estimates. And the ...

The tax you pay can be pretty significant depending on your tax rate. Tax-loss harvesting can lower your investment income and the associated tax burden. However, it comes with rules and limits.

Minnesota’s economists are expecting a slight worsening in projected tax collections in the next ... where officials will share details. This revenue forecast will be the fiscal guide to the ...

Revenue receipts is the money the State gets from taxes and non-tax revenue sources, grants-in-aid from the Centre and its share in Central taxes. Capital expenditure for 2025-26 was estimated to ...

Using detailed financial reports from thousands of firms, the researchers found that in 2018, U.S. multinationals shifted about $20-25 billion to tax havens — far lower than prior estimates of about ...

The latest estimates from third-party modelers confirm what we’ve said several times before: economic growth will not pay for tax cut extensions.