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Taxes

Tax debate highlights tensions between private and agricultural landowners • South Dakota Searchlight

Testimony before a legislative committee in Pierre on Tuesday made clear that there is a growing gap between property tax payments by private and agricultural property owners. State legislators Study committee on the methodology of property tax assessment heard from…

In the special tax session in Nebraska, some ideas to raise millions of dollars in revenue receive little attention

LINCOLN, Nebraska – Nebraska lawmakers began debating a special session bill on Tuesday that would reduce rising property taxes. The bill will be implemented primarily through mid-year budget cuts, spending caps and shifts to sales and special taxes. However, several…

Nebraska Senators introduce bill to reduce property tax relief

Drone shot of the State Capitol in downtown Lincoln, Nebraska. (Nebraska Examiner, Getty Images) LINCOLN, Nebraska (KLKN) — The Nebraska State Legislature on Tuesday introduced a property tax relief package that looks very different from the original proposal. By a…

Shelby County Assessor’s Office informs residents that property tax increases are expected in 2025

MEMPHIS, Tenn. (WMC) – Creating housing, especially affordable housing for Memphis residents, is important as mortgage prices, property taxes and other things rise. The Shelby County Assessor’s Office recently announced that residents can expect a “significant increase” in their property…

Homeowners are told they will not receive a property tax refund because the money has already been spent

KANSAS CITY, Missouri (KCTV/Gray News) – Thousands of Jackson County residents are frustrated as county officials say there will be no refunds after homeowners appealed their 2023 property tax assessment. The district administration said the money had already been spent….

WF City councillors discuss tax increases in light of looming public safety crisis

Although the budget proposal includes a tax cut for Wichita Falls residents, City Council members began discussing possible tax increases Tuesday after Wichita Falls police officers passionately asked for higher salaries. City councillors met for a special session to discuss…

Tax breaks for Amazon data center approved by St. Joseph County commissioners

Expressing their passionate support for the project, St. Joseph County Commissioners on Tuesday unanimously approved a 50 percent property tax abatement for Amazon’s $11 billion data center near New Carlisle. The ten-year tax break includes Amazon’s commitment to contribute to…

No tax on tips: Supported by Trump and Harris, questioned by tax experts

Former President Donald Trump and Vice President Kamala Harris disagree on many issues. However, they agree on at least one policy position: Both want to eliminate the federal tax on employee tips. Trump first unveiled his proposal to eliminate the…

Republicans consider cutting tax breaks if Donald Trump wins election

John Cornyn, a Republican senator from Texas, said the U.S. needed to examine where it could reduce mandatory government spending to deal with its debt. Cornyn, a candidate to become the next Republican leader in the Senate, suggested The Hill…

Both Harris and Trump want to abolish the federal tax on tips

The Venn diagram of policies on which Donald Trump and Kamala Harris agree resembles two different circles, but not quite. Both leading candidates support eliminating the federal tax on tips. This could attract the vote of tipped workers, who make…