‘This is catastrophic’: Seattle payroll tax revenues $47M short as jobs leave city
Seattle Mayor Bruce Harrell released his payroll expense tax (PET) report for 2024 Tuesday, and its projections came up ...
Saving Social Security Might Involve Raising Taxes. Here's Why It May Not Be as Bad as You Think
Since most workers don't pay the full Social Security tax themselves, they wouldn't have to bear the full brunt of any future ...
Committee for a Responsible Federal Budget5d
Ending Taxes Below $150,000 Would Lose $10 to $15 Trillion
Members of the Trump Administration and Congress have recently discussed the idea of waiving all taxes for those making less than $150,000 per year, possibly after the budget is brought into balance.
Trump’s latest tax proposal: No taxes for those earning less than $150,000
If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.
New Income Tax Proposal Is Progressive and Unworkable
Commerce Secretary Howard Lutnick says the Trump administration wants to eliminate income taxes for those making $150,000 or ...
‘Zombie tax increases’: GOP rep derides WA Senate Dems’ $78.5B budget proposal
Democrats in the Washington State Senate on Monday released a proposed $78.5 billion operating budget for the 2025-2027 ...
The Business Journals2d
Microsoft president voices concern over WA tax proposal, warning of 'lasting damage'
His warning came hours after state lawmakers proposed a new payroll tax to help balance the state budget. Microsoft President Brad Smith on Thursday warned a new tax proposed by Washington state l ...
Jacksonville roofer brothers get prison time for $23 million 'off the books' payroll scam
Travis and Tripp Slaughter made "off the books" payments to crews who prosecutors said often “were living and working in the ...
Gothamist5d
Gov. Hochul eyes NYC tax hike to fund MTA in closed-door talks, sources say
The governor wants to increase the payroll mobility tax on some businesses in the five boroughs, sources familiar told ...