Illinois and Hawaii Pass New Tax Increases Through Legislation
1 report, 1 independent
Updated 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Illinois and Hawaii passed tax increases via new legislation. This action follows other states, including Maine and Rhode Island, which have also passed tax increases this year.
From accountingtoday.com
Why it matters
The passage of these tax increases contributes to a trend of states pursuing wealth tax schemes. Financial advisors anticipate more attempts to enact wealth taxes throughout the country in the coming years.
From accountingtoday.com