Massachusetts actually makes that an easy choice since state tax forms give people the option of paying extra, yet tax-loving politicians such as Elizabeth Warren and John Kerry never avail themselves of that opportunity. And the Treasury Department has a website for people who want to give extr...
Illinois Brings Back Its Estate Tax.Legislation to close an estimated $15 billion state budget gap has put Illinois’ estate tax back on the books after a one-year hiatus. The Illinois levy applies at rates up to 16 percent to estates over $2 million. The federal estate tax, which also ...
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A recent Brenda Shory report in the Kane County Chronicle correctly highlights capital spending as a significant component ($14 million) of the FY 2024 total budget, which is 13% higher ($128mil) than FY2023’s $113mil total. And renowned economists debate where inflation comes from? So, ...