Reeves, Budget and raising income tax
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North Ridgeville voters rejected a proposal Tuesday to raise the city’s income tax from 1% to 1.75%, despite provisions that would have reduced the tax burden for an estimated 80% of the city’s workforce.
The IRS has increased the capital gains tax income thresholds for 2026. You'll need this information to help minimize your tax burden.
Otherwise, income brackets are "moving up for 2026, with a bigger bump for the lowest brackets because of this year’s new tax law," said The Wall Street Journal. This "overall adjustment of 2.7% comes in just under the current inflation rate."
Amherst Exempted Village School District failed to secure critical operating revenue Tuesday when voters rejected a five-year, 1.5% earned income tax levy, extending a 13-year stretch without new funding.
Zohran Mamdani wants to raise income taxes for New York City’s wealthiest residents. He has proposed a 2% tax on incomes over $1 million, which would produce $4 billion in tax revenue. This would apply to about 34,
If the income tax levy fails, the Westerville City Board of Education in September approved making approximately $20 million in budgets cuts beginning during the 2026-2027 school year because the district is facing a $11.7-million budget deficit, The Dispatch reported in September.
Voters in Xenia headed to the polls Tuesday to decide on several key issues: choosing out of five candidates for two seats on the city council, choosing out of seven candidates for three seats on the school board,
Previously, residents had to vote to renew the income tax every five years. With the passing of this issue, the tax will be permanent and residents will no longer need to vote to renew it.
Colorado voters approved a ballot measure on Tuesday that would raise state income taxes on households earning at least $300,000 annually to fund free meals for all public school students.
Initial election results show early support for two ballot measures seeking to boost funding for Colorado’s free school meals program. With over half of the state’s 64 counties reporting votes as of 7:30 p.
Embattled Chancellor asked whether she would quit if she slaps extra levies on working people in autumn statement