Delaware

States Turn to Tax Cuts as Inflation Stays Hot

A new report from the Tax Policy Center, a left-leaning think tank, said total state revenues rose by about 17.6 percent last year. State rainy day funds — money that is set aside to cover unexpected costs — have reached “new record levels,” according to the National Association of State Budget Officers. Yet those rosy […]

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Hunter Biden Paid Tax Bill, but Federal Investigation Goes On

WASHINGTON — In the year after he disclosed a federal investigation into his “tax affairs” in late 2020, President Biden’s son, Hunter Biden, paid off a significant tax liability, even as a grand jury continued to gather evidence in a wide-ranging examination of his international business dealings, according to people familiar with the case. Mr. […]

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