taxes

Representative Greg Steube's (R-FL) Taxpayer Notification and Privacy Act has unanimously passed by the House of Representatives and now awaits the Senate for approval before heading to the Resolute Desk. Rep. Steube's bill addresses a concern of many Americans during tax season: under current law, the Internal Revenue Service (IRS) must notify taxpayers before contacting third […]

Representatives Greg Steube (R-FL), Aaron Bean (R-FL), and Gus Bilirakis (R-FL) are teaming up with Representative Tom Suozzi (D-NY) to introduce a bipartisan bill to create a federal income-tax exclusion for financial assistance provided to homeowners for septic-system replacement. The SEPTIC Act rules that grants, subsidies, or financial assistance provided by state and local governments to fix, […]

Rep. Ryan Chamberlin (R-Belleview) announced he will lead an initiative to abolish property taxes in Florida by putting a constitutional amendment on the ballot through the citizen petition process while speaking in Tallahassee this week. “Today I am announcing that I will be pursuing action to take property tax relief to the next level,” Chamberlin […]

Congressman and Florida gubernatorial candidate Byron Donalds (R-FL) reaffirmed his support for repealing property taxes in line with Gov. Ron DeSantis during a recent interview with CBS News Miami's Jim Defede. "I agree with the governor that we need to repeal homestead property taxes. Property taxes in our state, especially for Floridians, have doubled in […]

Representative Jimmy Patronis (R-FL) mocked New York City Mayor Zohran Mamdani's massive $127 billion city budget in a recent appearance on Fox Business's Varney & Co., pointing to it as another example of Democratic fiscal irresponsibility. Mayor Mamdani unveiled the budget this week, announcing that it would require a city property tax hike of nearly 10%. […]

Representatives Gus Bilirakis (R-FL) and Anna Paulina Luna (R-FL) are introducing legislation to codify the $6,000 Social Security tax deduction. For additional context, the Working Families Tax Cuts Act, which was signed into law last year, allows seniors on Social Security to claim a $6,000 tax deduction ($12,000 if filing jointly). However, the provision is […]

Representative Vern Buchanan (R-FL) issued a statement praising President Donald Trump for negotiating a deal that prevents American companies from being subject to a global minimum corporate tax rate. As The Floridian reported last January, the Undertaxed Profit Rule was introduced as part of the Organization for Economic Co-operation and Development's (OECD) Global Tax Deal, which […]

Gov. Ron DeSantis outlined several positive policies to help Floridians address their concerns about the cost of living in an exclusive interview with The Floridan at the state capitol this week. The governor mentioned that the Sunshine State was ranked the #1 economy in the country for the third consecutive year by CNBC earlier this […]

Miami mayoral candidate Emilio Gonzalez plans to eliminate Florida's so-called “real estate death tax" as part of his tax reform agenda if elected mayor in November. Gonzalez's announcement, which he lists as a top priority, follows a series of plans laid out in previous months to replace current Mayor Francis Suarez. “For too many families […]

Representative Greg Steube (R-FL) has introduced legislation to lower capital gain taxes, a policy he said is "empowering investors to fuel economic growth and create good-paying American jobs." For a refresher, capital gains are when you sell an asset for more than what you bought it for. Assets can include stocks, bonds, and tangible items […]

Boca Raton Mayor Scott Singer pitched to New Yorkers on Monday to leave the Big Apple after self-proclaimed Democratic socialist Zohran Mamdani won New York City's democratic mayoral primary last week, putting him in a strong position to become the city's next mayor. "In @CityBocaRaton we are happy to turn lemons into lemonade and welcome […]

New York Gov. Kathy Hochul said she wouldn't support raising taxes in the Empire State, warning the ripple effect could drive residents and their tax dollars to places like West Palm Beach. The response came during an interview with Dan Mannarino on WPIX-TV, where Hochul was asked about assemblyman and Democratic socialist Zohran Mamdani, who […]

New York Gov. Kathy Hochul said she wouldn't support raising taxes in the Empire State, warning the ripple effect could drive residents and their tax dollars to places like West Palm Beach in Florida. The response came during an interview with Dan Mannarino on WPIX-TV, where Hochul was asked about state assemblyman and Democratic socialist […]

Georgia’s government is taking decisive steps to restore relations with the US and position itself as a strong European ally.  Irakli Kobakhidze, Prime Minister of Georgia, recently met with an American diplomatic delegation, led by Senator Steve Daines (R-MT), to discuss avenues for expanded US-Georgia cooperation.  The meeting symbolizes the Georgian government’s recent efforts to […]

The ‘penny’ coin has been in circulation for nearly as long as the US’s existence and is worth one cent.  Penny production has long sparked intense debate as lawmakers have quarreled over the coin’s benefits. Producing pennies costs more than they are worth, as each one costs over three cents.  Recently, Senators Mike Lee (R-UT) […]

Representative Sheila Cherfilus McCormick (D-FL) has introduced legislation to provide comprehensive tax relief to American families. Provisions within Rep. McCormick's All-Americans Tax Relief Act include new above-line deductions for medical, rent, daycare, commuting, and tutoring expenses, along with credit card debt interest for working and middle-class families. The Earned Income Tax Credit will also expand […]

Senator Reverend Raphael Warnock (D-GA) has introduced bipartisan legislation alongside Senator Thom Tillis (R-NC) known as the Disaster Related Extension of Deadlines Act. This bill would extend the Tax Day deadline for those who've been affected by natural disasters. With states such as Georgia, North Carolina, Florida, Texas, California, and others that routinely encounter hurricanes, […]

Representative Greg Steube (R-FL) has introduced a bill protecting small businesses from undue tax burdens through gift and estate taxes. Specifically, Rep. Steube's Family Business Legacy Act updates a 2015 bill known as the Protecting Americans From Tax Hikes Act (PATH). The PATH Act itself was a response to the Internal Revenue Service (IRS) introducing […]