Social Security's finances are drifting toward a predictable crunch, and the political system is running out of time to pretend otherwise. Raising the income cap on payroll taxes is emerging as the ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

The North Carolina Constitution, thanks to an amendment approved by voters in 2018, caps the state’s personal income tax rate at 7%. A cap is a good idea, one that has been implemented in other states ...

Everything seems aligned for blue-state Republicans to finally win their long-fought battle to raise the cap on the state and local tax deduction, with President Donald Trump and House GOP leadership ...

The House Ways and Means Committee in a Monday meeting proposed raising the cap on state and local tax deductions to $30,000 but limiting them to those earning under $400,000, according to people ...

Since proposing them in 2019, Gov. Bill Lee has described Education Savings Accounts as an empowerment tool for low-income families. This year, the income cap for ESAs limits the program to those ...