Taxes

Lawmakers were all smiles Monday when the Nevada Legislature convened its 120-day session despite a leadership struggle that has simmered since the November elections.

With a blend of tax hikes and spending increases, President Barack Obama's budget spells out a policy agenda that will distinguish him from Republicans who now control Congress.

Republicans controlling both chambers of Congress have never had a better chance of repealing the tax on medical devices.

Kansas collected $47 million less than anticipated this month, signaling that Gov. Sam Brownback and legislators may have to be more aggressive with spending cuts or other measures to balance the budget.

Gov. John Kasich on Thursday proposed eliminating nearly all income taxes paid by small businesses to take advantage of the improving economy and help more people get jobs.

Stars who play at least four nights in Atlantic City would be freed from having to pay state income taxes on all shows in the state that year under the latest proposal to revive the struggling seaside resort.

North Dakota could see a more than $4 billion shortfall in oil and gas tax revenue due to the slumping price of crude under a revised revenue forecast that lawmakers adopted Thursday.

The White House says it is dropping a proposal to scale back the tax benefits of college savings plans amid a backlash from both Republicans and Democrats.

A new financial report released Wednesday backs Gov. Jerry Brown's call to avoid new spending, despite pressure from fellow Democrats to use the surplus on social services, higher education and other programs.

Wisconsin Gov. Scott Walker says the state will help the Milwaukee Bucks pay for a new basketball arena with $220 million in bonds that would be paid for by projected growth in income taxes from NBA players.

Tax cuts promises from Republicans began taking firmer shape Tuesday when Lt. Gov. Dan Patrick unveiled a draft Senate budget that would deliver $3 billion in property relief to Texas homeowners.

Colorado's marijuana experiment was designed to raise tax revenue for the state and its schools, but a state law may give some of the money directly to residents.

Gov. Mark Dayton laid out changes in his budget proposal Tuesday that would make railroad companies fork over more funds to ensure Minnesota communities can handle a dramatic influx of train traffic.

Arkansas' public schools, prisons and Medicaid program would receive boosts in funding while most other state agencies would see a small cut under a $5.2 billion budget plan Gov. Asa Hutchinson presented to lawmakers on Tuesday.

Arkansas lawmakers may change Gov. Asa Hutchinson's middle-class tax cut package to roll back its proposed repeal of $21 million capital gains tax break that lawmakers approved two years ago, the chairman of the House panel considering the measure said Monday.

Amazon will start collecting sales tax from Illinois consumers next month to comply with a new state law, the company said.

President Barack Obama's plan to scale back the tax benefits of college savings accounts is running into opposition from Republicans in Congress.

Gov. Chris Christie is appointing an emergency management team to oversee Atlantic City's operations as part of plans to help the struggling seaside gambling resort get back on its feet.

The Cannabis Patient Protection Act found little support among cannabis patients Thursday as lawmakers considered the proposal for overhauling the state's medical marijuana system.

In the first State of the State address of his second term, Gov. Andrew Cuomo is promising a long list of measures including tax cuts for small business, property tax relief, funding for bridges and subways and efforts to improve public schools.