# Taxes
New details emerge on controversial $212K Lexington welcome sign
Lexington, KY — As construction is set to begin this week on the contentious $211,588.03 Athens Boonesboro Welcome Sign, new information has come to light that further questions the Lexington-Fayette Urban County Government’s (LFUCG) priorities. Minutes from the LFUCG’s Corridor Commission‘s August 17 meeting and a recent city email acquired by The Lexington Times reveal additional details about the project, including the project timeline and a controversial choice of ‘blighted’ landscaping.
Virginians Soon to Get Tax Rebate Checks Worth Up to $400
RICHMOND — Virginia Governor Glenn Younkin recently signed into law a budget that will give individual tax filers a rebate of up to $200, and joint tax filers up to $400. According to a September 14 media release issued by the office of Governor Younkin, the new Virginia state budget aims to lower the cost of living by providing an additional billion dollars in tax relief.
South Lake Tahoe Citizens Propose Plan to Tax Vacation Homes
Short term vacation rentals have been a source of growing contention in the Tahoe Basin for years, and now a local citizens group wants to do something about it. The Locals for Afforable Housing, led by Amelia Richmond, has proposed a new measure to tax the thousands of vacation homes that are part of the Tahoe comunity in an effort to raise funds for afforable housing solutions.
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Interim committee examines potential tax exemption for diapers in Kentucky
FRANKFORT — Diapers are in high demand across Kentucky, and some families struggle to pay the cost. Sen. Cassie Chambers Armstrong, D-Louisville, shared her plan with the Interim Joint Committee on Appropriations and Revenue to file a bill next year that would make infant and adult diapers in Kentucky tax-exempt.
Justice Department Probe Scrutinizes Elon Musk Perks at Tesla Going Back Years
The U.S. Department of Justice is conducting a criminal probe into Tesla and its CEO Elon Musk, investigating potential personal benefits provided to Musk since 2017 and the use of company funds to build a proposed glass house.
Opinion: My Subsidized Life
And my sincere gratitude to the tax payers making it possible. As my three-year healthcare insurance dream comes to an end, I want to pause and thank the tax-payers of the State of New York - of which I am one, btw - because for three years I have had the enormous privilege of having healthcare insurance that worked beautifully. Being on Medicaid has been like being a European for three years, but as of Halloween (for real) I'll be back to being an ordinary American for whom health care is an expensive possibility.
Aurora may lower marijuana tax as number of cultivation centers plunges
Two Aurora City Council members intend to bring to study session in two weeks a proposal to lower the city’s marijuana tax. Mayor Pro Tem Curtis Gardner and council member Danielle Jurinsky will sponsor the bill. At the request of council member Steve Sundberg, the council heard a sobering presentation Monday on the marijuana industry, which is suffering a sort of hangover from an influx pandemic-era revenue. Cannabis users were stuck in their homes, where they could privately partake all the time.
Gov. Newsom celebrates 100,000+ visits to state's taxpayer-funded abortion support resource site
After helping to provide more than 100,000 Americans seeking abortions with the information they need, California Gov. Gavin Newsom celebrated the one-year anniversary of the launch of abortion.ca.gov on Twitter today.
Wyoming Property Tax Relief Initiative: Debated
A new proposal aiming to reduce property taxes for homeowners in Wyoming by half has garnered varied reactions from the public and lawmakers. The "People’s Initiative to Limit Property Tax in Wyoming through a Homeowner’s Extension," which was conditionally approved by Wyoming Secretary of State Chuck Gray, comes in the wake of rising property values and, consequently, increasing property tax bills. While this initiative appears to offer financial relief to homeowners, it has raised concerns among legislators, especially regarding its potential impact on educational funding.
Tarrant County Appraisal District now admits computer security breach 'possible'
The Tarrant County Appraisal District (TCAD) is now saying it's 'possible' an outside party may have accessed tax information on county residents. TCAD board members said they did not have specific information on what may have been accessed or if individual property owners's information was exposed. The board moved to hire a firm to determine if there was a breach and if a breach did occur, to conduct a full audit of the extent, according to CBS News.
From Texan Roots to Global Repercussions: The George W. Bush Era Unfolded
George Walker Bush, the 43rd president of the United States, served two consequential terms from 2001 to 2009. Emerging in a politically charged environment post the controversial 2000 election, Bush's presidency was marked by significant national and international events that have left a lasting impact. This article delves into the key moments and policies of his administration.
Child poverty more than doubles in a year — after a record low
Just a year ago, child poverty was an all-time low — just 5.2% of American kids lived in poverty. But Tuesday, with the release of the Census Bureau's annual data on poverty, income, and health insurance — the picture is a little more bleak.
Youngkin delivers an additional $1 billion in tax relief for all Virginians
In a significant move marking his commitment to economic reform, Governor Glenn Youngkin of Virginia recently signed a state budget that includes considerable tax reductions as well as substantial new spending in key areas. This dual approach, which aims to stimulate economic growth while ensuring the provision of vital services to Virginians, reflects Youngkin’s campaign promises and has garnered reactions ranging from praise to skepticism.
Hunter Biden indicted on federal firearms charges in long-running probe weeks after plea deal failed
Hunter Biden was indicted Thursday on federal firearms charges, the latest and weightiest step yet in a long-running investigation into the president’s son. Biden is accused of lying about his drug use when he bought a firearm in October 2018, a period when he has acknowledged struggling with addiction to crack cocaine, according to the indictment filed in federal court in Delaware.
IRS Announces Major Crackdown on Delinquent Millionaires
Criticism provokes agency to take a closer look at wealthy Americans. In a significant move to enforce tax compliance, the Internal Revenue Service (IRS) announced plans to aggressively pursue 1,600 millionaires who owe millions of dollars in back taxes., using AI technology. The announcement marks a renewed effort by the agency to close the tax gap and ensure that all taxpayers are meeting their obligations.
BREAKING: Ron DeSantis Signs Law That Could Cost Taxpayers Billions!
Discover how Ron DeSantis's voucher law may impact your wallet! Uncover the potential billion-dollar consequences and effects to the public school system in this eye-opening video. . . . #rondesantis #desantis #governorrondesantis #desantis2024 #republican #taxes #taxpayer #schoolvoucher #florida #lawimpact
Brown introduces tax cut for teachers to help cover out-of-pocket classroom expenses
COLUMBUS, OH (News Wave) - U.S. Senator Sherrod Brown (D-OH) announced the introduction of the bipartisan Educators Expense Deduction Modernization Act to quadruple the amount educators can deduct from their taxes for out-of-pocket classroom expenses, Senator Brown announced in a press release.
IRS Unleashes AI Army to Recover Millions in Unpaid Taxes
Disclaimer: You may wish to click on any referenced links cited in the article to get more information, their are no affilate links. Due to my disabilities, I employ AI as an assistive tool in the writing process of this article.
Virginia General Assembly passes the long overdue 2023 budget bill
Virginia General Assembly passed the long overdue 2023 budget bill during a special session on Wednesday, September 6, 2023. The following statement is from Virginia Governor Glenn Youngkin where he acknowledges the hard work of the General Assembly.
Disaster Preparedness Sales Tax Holiday
There has been a lot of talk about the amount of expected hurricanes in 2023 as the Atlantic Hurricane season is hitting full stride, due to the record warm sea surface temperatures according to the National Oceanic and Atmospheric Administration. NOAA urges everyone in vulnerable areas to have a well-thought-out hurricane plan and stay informed through official channels as this season progresses. In efforts to combat inflating prices that may limit the ability to be ready to weather the storm, Florida has doubled its tax holiday from one 14 day period to two 14 day periods. If you wish to take advantage of the tax savings this year this is your last opportunity to do so.