One tax expert says a proposed $4,000 bonus deduction is a 'far cry from the savings' that many would see with no taxes on Social Security benefits.

Hungary is targeting a budget deficit of 3.7% of output next year, compared with an estimated 4.1% gap in 2025. The European Commission sees the shortfall at 4.6% this year, rising to 4.7% in 2026.

The GOP-controlled Legislature failed this spring to adopt its own most-ambitious proposals or those of Republican Gov. Ron DeSantis when it came to tax relief for residents.

State Rep. Danny Nix (R-Port Charlotte) said even though property tax reform didn’t happen over the last 100-plus days of session, it remains on the table for next year.

EDP ​​Renovaveis , the world's fourth-largest wind energy producer, will stick to its goal of installing up to 1.75 gigawatts of new capacity in the U.S. by the end of 2026 even if tax credits for renewables are phased out,

Included in a Republican tax cut plan advancing in the Legislature is a provision to shield some retirement income from Wisconsin income taxes.

How it works is homeowners can shave $140,000 off the taxable value of their home when paying school district property taxes. In theory, a home worth $140,000 would no longer be required to pay school property taxes, which often make up the largest portion of a homeowner’s tax bill.

Senate Republicans hope to pass the "big, beautiful bill" by July 4th. It will then go back to the House for consideration.