West Virginia’s governor is expected to sign a bill that passed the state House this weekend. According to the Wall Street Journal, the bill would cut income tax rates by about 21 percent altogether. In Utah, the state legislature approved a $400 million tax cut package. Axios reports, if Utah’s governor signs it, it could save a…
Economist: ‘Revolution’ in States’ Tax Cuts
March 7, 2023
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LIVE NOW: NTD Business (March 7): Biden Plans Tax Hike to Keep Medicare Alive; Fed Chair Powell Signals Increased Rate Hikes
Fed Chair Jerome Powell says interest rates will likely be higher than originally thought. He says the fight against inflation has a long way to go and could be bumpy. President Biden wants to give wealthy Americans a big tax hike—an attempt to address the Medicare funding crisis. Will it work? A bank sues the…
NTD Business (March 7): Biden Plans Tax Hike to Keep Medicare Alive; Fed Chair Powell Signals Increased Rate Hikes
Fed Chair Jerome Powell says interest rates will likely be higher than originally thought. He says the fight against inflation has a long way to go and could be bumpy. President Joe Biden wants to give wealthy Americans a big tax hike—an attempt to address the Medicare funding crisis. Will it work? A bank sues…
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