Income Tax

LANSING, Mich. (AP) — Michigan taxpayers could get enough back from the state to pay for a fast-food lunch — or two if they’re thrifty — under a measure approved Wednesday by the state House that aims to accelerate a pending income...

A new report from the IRS shows that nearly 21,000 American households with incomes of $200,000 and up didn't owe federal income taxes. If you're like me, your first question is: How can that be? Your possible next question: Can I get that kind of tax...

WASHINGTON (AP) — Republicans are calling it "Taxmageddon," the big tax increase awaiting nearly every American family at the end of the year, when a long list of tax cuts is scheduled to expire unless Congress acts. It would be, GOP leaders in...

This Wednesday's planned opening of the half-billion-dollar Maryland Live! Casino at Arundel Mills marks a red-letter day in Maryland gaming history. The scale of the enormous, 330,000-square-foot facility is stunning: It will eventually house 4,750...

In his op-ed "Annapolis dines at federal expense" (June 13) Sean Kennedy wrote: "The more Maryland taxes federal employees, the less money Uncle Sam can ask from them in taxes." I have issues with this on several points. First, this applies to all...

Thomas M. Neale's letter to the editor ("The wealthy pay more than their fair share," May 14) uses the usual Republican tactic of irrelevant statistics to confuse the issue of tax fairness. It does not matter that the top 1 percent of taxpayers pay 38...

President Barack Obama is struggling with a national jobless rate of more than 9 percent, but he's finding plenty of work for investment guru Warren Buffett. The so-called Oracle of Omaha is the president's primary policy prop as Obama pushes the...

Gov. Martin O'Malley used his State of the State address Wednesday to make his case for his most ambitious legislative agenda since taking office. Now comes the hard job of selling it. In an upbeat, 33-minute speech to both chambers of the General...

Gov. Martin O'Malley is expected to make a personal, perhaps quixotic pitch Wednesday for what could be the least popular proposal in Annapolis this year: raising the tax on gasoline. The governor is scheduled to testify before House and Senate...

Kansas Governor Sam Brownback outlined his agenda for 2012 during his second State of the State Address Wednesday night. Brownback began his address by saying he is “bullish” on the future. The Republican described Kansas as a state in...

Reducing income and sales taxes requires Kansas legislators to have faith that the cuts will stimulate economic growth as advertised, as even the most solid projections involve some guesswork. A disagreement last week between the Le gislature's...

The Kansas House has bypassed a compromise plan for reducing income and sales taxes and instead approved larger cuts, sending them to Gov. Sam Brownback.     The House voted 64-59 for legislation cutting individual income tax rates, exempting 191,000...