Taxes

States eye mileage fees as gas taxes sputter

(TND) — California is recruiting drivers for a pilot program intended to address its gas tax shortage. California calls its mileage fee program Road Charge. Oregon calls its program OReGO. States across the country are looking for ways to supplement…

Economic Development Incentives Evaluation Toolkit

Glossary Economic development incentives. Financial investments that collectively are a primary tool states use to try to change business behavior, such as encouraging businesses to create jobs, relocate, invest in equipment and facilities, or engage in other economically beneficial actions….

Gas tax alternative: Caltrans pilot program will charge drivers per mile

A pilot program aims to find new ways for the state to pay for road maintenance by charging drivers for the amount of miles driven. Gas tax revenues are starting to dry up with the rise of electric vehicles on…

Gas tax alternative: Caltrans pilot program will charge drivers per mile

A pilot program aims to find new ways for the state to pay for road maintenance by charging drivers for the amount of miles driven. Gas tax revenues are starting to dry up with the rise of electric vehicles on…

Dave Ramsey surprises co-host by defending young Americans who need a ‘therapist’ to deal with the stress of tax season

Dave Ramsey surprises co-host by defending young Americans who need a ‘therapist’ to deal with the stress of tax season When Rachel Cruze recently came across a statistic, she couldn’t wait to share it with her dad, Dave Ramsey —…

Many large U.S. cities are in deep financial trouble. Here’s why

Truth in Accounting estimates that 53 of the largest cities in the U.S. were not generating enough revenue to pay their bills at the end of fiscal year 2022. The list also highlights fiscal challenges facing cities like Chicago, Houston and…

Wealthy Norwegians flee to Switzerland to evade high wealth taxes, with their bankers following

Steep increases in wealth and dividend taxes by Norway’s left-leaning government have prompted dozens of the Nordic nation’s rich to move to another prosperous, mountainous country to the south.  Their bankers now have Switzerland in their sights too. DNB Bank…

Trillion-Dollar Deficits Explain Why Inflation Keeps Hitting Americans

Economists sounded surprised recently when inflation remained above expectations for the third straight month, likely keeping interest rates elevated for the foreseeable future. If they looked in Washington’s direction, they shouldn’t be. Two reports from the Congressional Budget Office (CBO)…

Intuit and H&R Block use AI chatbots to help people file their taxes – Marketplace

This Tax Day, payers in 12 states have the opportunity to use a pilot IRS system to directly file their taxes online. For now, it can only handle the most straightforward of tax scenarios, like people with W-2 incomes taking…