archivetax

Ty Tagami  |  Capitol Beat News ServiceHow do billionaires avoid paying taxes? Here's what we know now.The super wealthy can afford to avoid paying taxes, but how? Here's what we know now.Georgia voters approved a constitutional amendment to curb property tax increases by tying them to inflation.Most cities and counties adopted the amendment, but the majority of school districts, which receive the largest share of property taxes, opted out.A new law gives local governments until the end of April to reconsider, but school districts face challenges due to rising education...

Joshua Fechter and Jasper Scherer, The Texas Tribune  |  Wichita Falls Times Record NewsProperty tax cuts aren’t free. In fact, they’re costing Texas a fortune.The Texas House is considering a budget that would shell out $51 billion — 15% of the state's total two-year spending plan — to maintain and provide new property tax cuts. That number, more than the state allocates to transportation or higher education, is making even some Republicans nervous about the state’s ability to afford the tax relief if there’s an economic downturn.If it were its...

Enter the price, location and purpose of the property you're buying and our stamp duty calculator will tell you how much tax you'll have to pay on it.It reflects the changes to stamp duty for people purchasing buy-to-let properties and second homes that were announced in the 2024 Autumn Budget and the rates in operation from 1 April 2025.Please note that the information in this article is for information purposes only and does not constitute advice. Please refer to the particular terms and conditions of a provider before committing to...

Indiana Gov. Mike Braun speaks during rally for property tax reform at Indiana StatehouseIndiana Gov. Mike Braun speaks during a rally for property tax reform Monday, March 17, 2025, at the Indiana Statehouse.(Correction: This story was updated to reflect that the 10% property tax credit is off of a homeowner's bill, not their assessed value.)The Indiana House on Thursday passed its version of the signature property tax relief bill that has grown to also include reforms of local government finance.  The complex tax proposal in Senate Bill 1, which passed the...

Indiana Gov. Mike Braun speaks during rally for property tax reform at Indiana StatehouseIndiana Gov. Mike Braun speaks during a rally for property tax reform Monday, March 17, 2025, at the Indiana Statehouse.Property tax relief has become one of the top debates of the 2025 legislative session with hours of testimony from concerned local officials, a veto threat from Gov. Mike Braun and a rally of hundreds at the Statehouse in March chanting “Where’s my money?”Three different property tax plans from Republicans have been presented at the Statehouse this year...

The overall picture for current UK expats is generally a positive one ahead of new tax rules coming into effect on April 6 2025, according to Helen Clarke, HNW and international partner at Irwin Mitchell.Following the Autumn Budget, Rachel Reeves introduced a new set of rules which included the introduction of the foreign income and gains regime. This will offer 100 per cent relief on foreign income and gains for the first four years of UK tax residence for certain returning expats. Reeves also unveiled a new residence-based system for...

DeSantis wants repeal of red flag laws and supports open carryDeSantis wants repeal of red flag laws and other restrictions on Second Amendment RightsFlorida Governor Ron DeSantis has proposed a plan to eliminate the state's portion of property taxes for homeowners.DeSantis argues that tourists and non-residents should bear a larger share of the tax burden.The Florida Legislature is currently in session and must reach an agreement on the state budget before adjourning on May 2.Could Florida property taxes be a thing of the past soon? Gov. Ron DeSantis thinks so.At...

Michael Stinziano  |  Guest ColumnistSouth Side homeowner Bonnie Mitchell sees 500% tax hikeSouth Side homeowner Bonnie Mitchell sees 500% tax hike, seeks relief through Legal Aid Society; is able to keep houseMichael Stinziano is Franklin County auditor.Re: "Will Ohio homeowners get property tax relief? Why lawmakers can’t agree on a fix," Feb. 24: Ohio does not have a property value problem; it has a property tax problem.Increasing home values are not the cause of unaffordable property tax bills in Franklin County. A byzantine, unconstitutional property tax system that forces underfunded schools...

Eliminating property tax goes far beyond any trims realized by addressing the proverbial waste, fraud and abuse. It most likely means raising another tax to make up for the lost revenue.Gov. Ron DeSantis holds immigration press event in Palm Beach CountyGov. Ron DeSantis holds immigration Palm Beach County press event with Sheriff Ric Bradshaw, State Rep. Mike Caruso and FDLE Commissioner Mark GlassGov. Ron DeSantis has started talking about eliminating property taxes for Florida homeowners.I don’t think he really means it. For starters, it would make Florida the only state...

Seattle named 9th most expensive city in U.S.According to a report from Oxford Economics, it takes a household income of $200,000 to afford a new home in Seattle, including property taxes and insurance costs.Fox - SeattleProperty taxes are a thorn in the side of homeowners. While many of us wish we didn't have to pay them, we don't have a choice. Just how much you pay depends on where you live, as taxes fluctuate from state to state and from town to town.In New Jersey, property taxes are significantly higher...