14 states are cutting individual income taxes in 2024. Here are where taxpayers are getting a break.

[ad_1] Taxpayers in 14 states could get some financial relief this year thanks to lower individual tax rates enacted in 2024, according to an analysis from the Tax Foundation, a think tank that focuses on taxes. The reductions represent a continuation of “tax cut fever,” as termed by the left-leaning Institute on Taxation and Economic … Read more

Tourist subs aren’t tightly regulated. Here’s why.

[ad_1] The accident involving a tourist sub that killed all five people on the vessel is raising questions about the rules governing deep-sea exploration. It’s a space on the high seas where laws and conventions can be sidestepped by risk-taking entrepreneurs and the wealthy tourists who help fund their dreams.  “We’re at a point in … Read more

North Carolina approves Medicaid expansion, reversing its long opposition

[ad_1] A Medicaid expansion deal in North Carolina received final legislative approval on Thursday, ending a decade of debate over whether the closely politically divided state should accept the federal government’s coverage for hundreds of thousands of low-income adults. North Carolina is one of several Republican-led states that have begun considering expanding Medicaid after years … Read more

States are flush with cash. It’s setting off “tax cut fever.”

[ad_1] Even as the U.S. economy shows signs of slowing down, many states around the U.S. are flush with cash, with their so-called rainy day funds estimated to reach a record high of $136.8 billion this fiscal year.  And lawmakers in more than half of states are responding to their new cash cushions with similar … Read more

More than half of U.S. states are moving to cut your taxes

[ad_1] Even as the U.S. economy shows signs of slowing down, many states around the U.S. are flush with cash, with their so-called rainy day funds estimated to reach a record high of $136.8 billion this fiscal year. And lawmakers in more than half of states are responding to their new cash cushions with similar … Read more