A Texas constitution amendment will allow voters to decide over net worth taxes. Voters Will Decide the Imposition of Net Worth Taxes Following Texas Constitution Amendment Following the Texas constitution amendment, voters will have the power to decide whether to impose net worth taxes or not and prohibit any involvement of legislation over the taxes. … Read more
Millions of student loan borrowers will receive $20,000 in debt relief under Biden’s new plan. Student Loan Borrowers to Expect Debt Relief Under New Student Loan Forgiveness Plan As part of the new student loan forgiveness plan for student loan borrowers, the Biden administration increased the amount to forgive student debt from $10,000 to $20,000 … Read more
The new IRS tax rule lowered the minimum reporting threshold on Cash App payments from $20,000 to $600. New IRS Tax Rule Reduces Minimum Reporting Threshold for Cash App Payments The new IRS tax rule aims to reduce the minimum reporting threshold for Cash App payments from the previous $20,000 minimum to $600 for every … Read more
The new property tax bill of Democrats upsets the Republicans, and here’s why. New Property Tax Bill to Provide Property Tax Relief The new property tax bill or commonly called as the Senate Bill 23-303 proposed by the Democrats aims to provide property tax relief and ensure that local services and education are not affected … Read more
After failing to follow formal procedures, a new school voucher bill was disallowed to push through. House Representatives Disallow the Voting Over New School Voucher Bill The House representatives disallowed the new school voucher bill or the Senate Bill 8 to push through after learning that the House Public Education Committee did not follow the … Read more
The new law offering more affordable housing in Florida received mixed reactions. Live Local Act Will Provide Affordable Housing in Florida The newly signed law, “Live Local Act,” aims to provide more affordable housing in Florida using more than $700 million in funds and will allow several commercial or industrial owners to place their properties, … Read more