March 9, 2022 The GEORGIA House of Representatives passed a $1 billion income tax cut bill that likely force major spending cuts. A bill reducing the individual income tax rate from 3.23 to 2.9 percent over seven years is heading to INDIANA Gov. Eric Holcomb’s desk. The bill also reduces taxes on utility companies by […]
As of March 4, 2022 Georgia proposes to move to a 5.25 percent flat tax; A plan out of Idaho picking up speed that would eliminate all property taxes except for bonds and school levies and make up the lost revenue with an increase to the sales tax; A Nebraska bill that would cut both the personal and corporate […]
Tax reform has been on Kentucky lawmakers’ minds for years, and while significant progress has been made recently, substantial work remains to be done. In 2018, the General Assembly made important strides in creating a more neutral, pro-growth tax structure even while generating a net increase in revenue. With its reduction in income tax rates, […]
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