Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
While House Republicans filed measures to eliminate non-school property taxes, DeSantis argues that placing multiple measures on the ballot undermines any substantive reform.
President Trump signed an executive order to increase federal support for school choice programs, causing debate about the impact on public schools and student outcomes.
A legal loophole in the Low-Income Housing Tax Credit program is allowing developers to remove rent restrictions from affordable housing, leading to rising rents and worsening the housing crisis.
Texas lawmakers are exploring tax incentives to help businesses provide affordable child-care options, aiming to address the state's child-care shortage and support working families.
The lawsuit was filed by 22 states known for being powerhouses of biomedical research, including Massachusetts, California, Maryland and New York.
Most red states are looking to reduce property tax burdens, which have increased along with home values. Finding ways of replacing lost revenues for locals remains a challenge.
Solutions include funding the federal agency properly, requiring states to share a larger burden of the responsibility and removing barriers to resilience.
Republican Gov. Mike DeWine has proposed a new refundable child tax credit and increases in child care and children’s health funding, along with full funding for public schools.
President Trump, who calls FEMA “not good,” has issued an executive order and established a commission to look at ending the agency. He favors having states respond to their own disasters, but they may not have adequate resources.
South Carolina residents are seeing rates go down thanks to a law passed in 2022, but the state still charges a lot more than North Carolina and other southeastern neighbors.
Cities across the country are committed to making it easier to build housing and are taking a variety of promising approaches, note the leaders of the U.S. Conference of Mayors. But they must be bolstered by federal investment and flexibility.
Crystal River, Minn., is a freshly incorporated city that lacks money for services and infrastructure. A lobbyist would help secure state funds, but some local officials call the idea a “racket.”
The administration rescinded its order for a spending review due to blowback. Republicans had not joined the chorus of critics, even though red states are heavily dependent on federal grants.
The legislation would block foreclosures and allow homeowners who’ve suffered financially due to the L.A. fires to freeze payments without penalty. Several major lenders have already reached agreement with Gov. Gavin Newsom to provide voluntary relief.
The White House ordered a pause on all federal grants, partly intending to target diversity, equity and inclusion and other "woke" programs. A third of states' budgets comes from federal grants.
It could bring states a lot of revenue. But voters don’t like it, even though few of them would have to pay.
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