Supply-side economics emerged as a significant economic theory during the Reagan administration and reappeared prominently through the 2017 Tax Cuts and Jobs Act (TCJA) enacted under Donald Trump. This approach aims to stimulate economic growth by reducing tax rates, thus increasing the overall
The revival of tax reform discussions in Virginia's General Assembly marks the first significant step towards overhauling the state’s outdated tax system. The establishment of a joint tax policy subcommittee and its inaugural meeting underscore the renewed efforts to address long-standing issues.
Virginia is renewing discussions on overhauling its tax code, a longstanding issue highlighted by the state's outdated system and evolving economic realities. This renewed effort is marked by a Democratic-majority General Assembly and a Republican governor, reflecting nuanced political dynamics and
The "Solar for All" program, an ambitious U.S. government initiative, has earmarked $7 billion to advance solar energy projects specifically for low-income households. This investment is aimed at balancing the dual goals of environmental conservation and economic relief. With the Environmental
Governor Jim Pillen of Nebraska has unveiled an ambitious property tax reduction plan aiming to cut property taxes for Nebraskans by an average of 50%. This proposal, lauded as the largest property tax cut in the state's history, was presented in a comprehensive briefing alongside state senators
Jacksonville is poised to see a significant shift in tackling homelessness as Mayor Donna Deegan has announced a substantial increase in the budget allocated for addressing this issue. This bold proposal plans to elevate the current funding from last year's $3.1 million to a remarkable $10 million.