(The Center Square) – The five largest cities in the United States, all led by Democrats, did not have enough money to pay their bills in 2024, according to a new Truth in Accounting report first provided to The Center Square.
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(The Center Square) – A growing debate over how tipped income is taxed in Illinois has resurfaced as state Rep. Regan Deering, R-Decatur, introduced legislation aiming to align Illinois law with the federal “No Tax on Tips” policy.
(The Center Square) - Arizona taxpayers will actually save more than the original estimate of $1.1 billion over the next three years if the Republican majority in the Legislature passes its tax plan, according to a think tank.
(The Center Square) – Lawmakers introduced a bipartisan proposal to cap annual deficits at 3% of GDP, but this resolution would still permit spending beyond annual revenue.
(The Center Square) – Colorado Springs and Denver rank among the least expensive U.S. cities for property tax burden, while Boulder homeowners pay some of the most expensive in the state.
(The Center Square) – In 2025, the Utah legislature implemented policies to reduce state income taxes by $215 million and restrict taxpayer-funded subsidies from supporting green energy products. However, not all Utah lawmakers supported the taxpayer-friendly legislation.
(The Center Square) – President Donald Trump needs Congress to take action to make good on a proposal to send some Americans $2,000 tariff rebate checks next year.
(The Center Square) – Budget watchdogs are sounding the alarm as the U.S. hit an unfortunate fiscal milestone in fiscal year 2025: government spending on debt interest payments alone topped $1 trillion this year.
(The Center Square) – Colorado Gov. Jared Polis sent a letter this week to the U.S. Treasury Department calling on it to undo its suspension of the IRS Direct File tool, which he argues saves money for taxpayers.