Income Tax

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...

Thomas Neale's recent letter to the editor employs uses usual Republican tactic of throwing out irrelevant statistics to confuse the issue of tax fairness ("The wealthy pay more than their fair share," May 14). It doesn't matter that the top 1 percent...

“There’s got to be a column in this Mail Call submission!” That is what I exclaimed to my wife and anyone who would listen on Wednesday, May 2, after I read, what in my opinion, is the greatest Mail Call item ever. Here it is,...

The General Assembly's speedy embrace of Gov. Martin O'Malley's income tax increases this week cleaned up a political mess in Annapolis, but the rate hikes could come back to haunt the Democrat if he seeks national office when his time in the governor's...