GOP Sens. Ted Cruz (Texas) and Tim Scott (S.C.) are asking the Treasury Department to approve a $200 billion tax cut without ...

Ted Cruz and Tim Scott urge Treasury Secretary to approve $200 billion tax cut on capital gains without congressional approval.

Advancing any legislation through this process is now significantly more challenging given House Speaker Mike Johnson's ...

The House Finance Committee is likely to make changes to Gov. Patrick Morrisey’s bill enacting a 10% cut in personal income tax rates. The House Finance Committee held a hearing Tuesday morning on ...

The provisions would mainly affect people who earn overtime pay or tips, but unlike the federal legislation, would only last a year.

House lawmakers signed off on a plan to incrementally reduce the state’s income tax rate over concerns from Democrats who ...

A high-profile group of low-tax advocates is pushing a proposal that would slash the number of people who would owe capital gains taxes after selling a home.

The new proposal would cost the state an additional $189 million this fiscal year.

Georgia's House passed Gov. Kemp's income tax cut, reducing the rate to 4.99%. Democrats argue it benefits the wealthy most.

The Senate’s revision to legislation cutting state income tax rates would give more South Carolina taxpayers a break in year ...

Utah lawmakers are feeling bullish about passing another round of tax cuts thanks to better-than-expected revenue estimates for the next fiscal year.

The West Virginia Senate passed Gov. Patrick Morrisey’s bill cutting personal income tax rates by 10% Friday, though not without a warning from the former Senate Finance Committee chairman and the ...