Kamala Harris Tax Proposals, 2024 | Tax Foundation Skip to content Home • Blog • Where Does Kamala Harris Stand on Taxes? Kamala Harris has a record of favoring steeper taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general … Read more
TRENTON, N.J. — New Jersey’s Democrat-led Legislature passed a $56.6 billion budget on Friday that hikes taxes on high-earning corporations, sending the measure to Gov. Phil Murphy, who’s expected to sign it. Lawmakers were two days ahead of their constitutionally set deadline to enact a balanced budget, avoiding a government shutdown. For taxpayers, the spending … Read more
Illinois lawmakers passed legislation enacting most of the revenue-raising features of Gov. J.B. Pritzker’s proposed fiscal year 2025 budget, including a higher cap on corporate net operating loss deductions, higher taxes on sports-betting company receipts, and a revamped grocery tax system.