Taxes

New Mexico economists slash revenue expectations

New Mexico expects to collect far less revenue this budget year and next than previously forecast as employment, wages and economic growth lag, a group of state economists said Monday.

EU wants to make e-books, e-newspapers cheaper

The European Union wants to apply the same sales tax rules for digital books and newspapers as their print versions, in a move that would bring down the price of electronic publications.

Michigan considers new tax incentives for businesses

Michigan could provide up to $250 million in annual tax incentives to attract larger-scale business expansion under fast-tracked legislation backed by Gov. Rick Snyder, who generally has been skeptical of such breaks.

Northern Indiana tribe to break ground on tribal village

Members of the Pokagon Band of Potawatomi Indians on Tuesday celebrated becoming the first tribe in Indiana to have land returned to it from the federal government, a move expected to dramatically change the landscape of gaming in the state with what is expected to be its largest casino.