Income Tax

(WGN-AM) - Governor Pat Quinn says he will not approve the Capital plan on his desk until lawmakers also pass a balanced state budget and significant ethics reform. Quinn said Friday that he won't sign off on the massive public works program and...

(WGN-AM) - Gov. Pat Quinn has called a special session of the General Assembly for Tuesday to deal with the out-of-whack state budget and several other issues. "There is still much to be done," Quinn said in a statement. "We must find a way to work...

(WGN-AM)- Gov. Pat Quinn told the Tribune Friday afternoon that he will abandon his push for a state income tax increase---at least for a few months. In an interview after he met privately with lawmakers, Quinn said he is now focused on passing a "bare...

LANSING, Mich. (AP) — Gov. Rick Snyder and Republican legislative leaders worked out a budget agreement Wednesday that would allow for a small cut in individual income taxes, twice as much money for film credits, a slight increase in education...

For a long time, you had to pay income tax on debt that your mortgage lender forgave. During the height of the housing crisis, the federal government offered a reprieve — it stopped collecting income tax on up to $2 million of forgiven mortgage debt...

Hanover Township, Northampton County, dealt Allentown's hopes of a quick end to its paralyzing legal battle over plans for a downtown hockey arena a second setback in as many nights Tuesday, joining Bethlehem Township in rejecting the city's latest...

Bethlehem Township commissioners Monday night rejected Allentown's latest offer to settle their lawsuit against the city's arena project, dealing a crushing blow to the city's hopes of having the $220 million hockey complex open next year. In the first...

Plastic surgery and Botox made 40 the new 30. In this month's special session of the General Assembly, Maryland's Democratic legislators made $100,000 the new $1 million. Unlike doctors and pharmaceuticals, however, members of the state's majority party...

Thomas M. Neale's letter to the editor ("The wealthy pay more than their fair share," May 14) uses the usual Republican tactic of irrelevant statistics to confuse the issue of tax fairness. It does not matter that the top 1 percent of taxpayers pay 38...

SACRAMENTO — Gov. Jerry Brown defends his soak-the-rich tax proposal as just. And besides, he says, it's popular with the non-rich. Never mind that it's the opposite of reform, that it would make California's roller-coaster tax system even more...

After six weeks of talks behind closed doors, the court battle over Allentown's controversial arena project will be thrust into the open Monday. That's when Bethlehem Township Commissioners will for the first time publicly discuss the project, which...

SACRAMENTO — Gov. Jerry Brown defends his soak-the-rich tax proposal as just. And besides, he says, it's popular with the non-rich. Never mind that it's the opposite of reform, that it would make California's roller-coaster tax system even more...