President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic ...

The Virginia legislature has passed legislation to legalize recreational cannabis sales, sending the proposal to the desk of ...

Gov. Wes Moore’s office continues to defend his income tax overhaul proposal while financial analysts attribute Maryland’s ...

McPike has introduced a bill that would allow localities to charge an additional 1% sales tax with the money going toward school construction and renovation, but only if voters in that locality ...

Virginia is the data center capital of the world and is currently home to over 300 data centers, largely concentrated in ...

Virginia’s legislature has once again approved legislation to create a regulated and taxed cannabis marketplace, and with ...

At the crack of dawn on Tuesday, a Democratic-led Senate subcommittee rejected or delayed several of Gov. Glenn Youngkin’s ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

(Markus Schmidt/Virginia Mercury ... the state income tax and extending the state’s higher standard deduction and a partially refundable earned income tax credit (EITC). As debate wrapped, Lucas ...

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That’s still on the low side among affluent countries, although there are some large world economies with lower taxes than the US (this chart shows 2022 data because ... and most of that comes from ...

The gap between US federal spending and tax revenue is currently bigger, as a share of gross domestic product, than it’s ever been outside of major war or other crisis. Is that because spending is too ...