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The Latest Breaking News from Jared Walczak

Billionaire Jeff Bezos, a soon-to-be Florida man, sparked a debate over taxes without mentioning them. The implications of his Seattle-to-Miami move show why

The Amazon founder, thanks to key tax differences between Florida and Washington, could save billions with the move. But he says it's for personal reasons.

Fortune

Think Texas has a cheaper tax burden than California? Think again.

"When people are like, 'Oh California is so much more expensive than Texas,' that’s the top income tax rate."

Fortune

States put grocery taxes on ice

As inflation soared in the past year, families in some states suffered a double whammy — paying food sales taxes on top of higher-priced groceries.

Tribune News Service

From analysis to the latest developments in health,
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Borrowers in 7 states may be taxed on their student loan cancellation

Seven states have tax policies on the books that could require them to treat student loans canceled by the federal government as taxable income.

WEKU

Surprise: Borrowers may face up to $1,100 in state taxes on forgiven student loans

Residents of New York, Virginia and eleven other states could end up with a surprise tax hit of hundreds of dollars next year on forgiven student loans.

Tribune News Service

Despite economic headwinds, most state budget experts aren’t worried

Grocery, gas and housing prices are up this year. The stock market is down. Voters are souring on the economy, and some analysts are warning of a looming recession.

Tribune News Service

Gov. Newsom’s inflation relief package could drive up prices even more, experts say

SACRAMENTO, Calif. — An $18.1 billion inflation relief package proposed by Gov. Gavin Newsom will put salve on key pain points for Californians most affected by rising gas and grocery prices but also likely will cause prices to tick up just a tad more, leading economists say.

Tribune News Service

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High Inflation Means Rising Tax Bills

The current run of price and wage increases could tip taxpayers into higher brackets, where they will owe larger slices of their income to the government.

People

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