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Gov. Sarah Huckabee Sanders on Thursday signed legislation into law that will slice the state's top individual and corporate income tax rates and create a temporary income tax credit for low-income and middle-income taxpayers. The Republican governor also signed a bill that will create the Arkansas Reserve Fund Set-Aside in the Restricted Reserve Fund and will require the state's chief fiscal

California Gov. Gavin Newsom signed a law Tuesday that will double the taxes on guns and ammunition, with the new revenue going to safety initiatives. The federal government collects taxes on purchases of firearms and ammunition at either 10% or 11%. The new law adds another 11% tax, meaning that Golden State residents can pay as much as 22% on their purchases. Newsom said that he saw the tax

The Austin City Council on Monday night narrowly approved its preliminary tax levy for 2024, which came down significantly from a projected 9.93% increase earlier in the month. Between meetings this month, the city council was able to make cuts to various areas that dropped this year’s tax levy increase to 5.66% or $8,752,000, a number that was passed by a slim 4-3 vote with council members