Proposition KK would levy a new 6.5 percent excise tax on gunsellers for all sales of ammunition, firearms and gun parts. The money would fund programs for crime victims and behavioral health support ...

Explore what regressive taxes are, how they affect low-income earners, and examples like sales, excise, and payroll taxes that disproportionately impact lower incomes.

At present, the total endowments at institutions of higher education in the United States sits around $836 billion. Nearly a quarter is held by Ivy League schools and the 25 largest private and 25 ...

The Treasury Department and the Internal Revenue Service released Notice 2023-2 last week providing interim guidance for the new excise tax on repurchases of corporate stock beginning Jan. 1, 2023.

You are able to gift 5 more articles this month. Anyone can access the link you share with no account required. Learn more. I just paid an exorbitant vehicle excise tax in the amount of $610. Why does ...

The conservative Freedom Foundation filed a lawsuit Wednesday in an effort to stop the capital gains tax approved by the Washington state legislature only four days ago. The legislation places a 7% ...

Washington state lawmakers are considering House Bill 1628, which would raise the real estate excise tax. Phillip Spears Getty Images Olympia’s insatiable appetite for more of our hard-earned money ...