The state will not “lose” money if voters pass Initiative 2109 and repeal the tax. General fund revenue is now $72 billion per budget. State tax revenue has doubled in the past 10 years, while ...

while it still remains illegal at a federal level. The State of Washington is set to eliminate excise taxes on medical marijuana products, offering tax relief to medical marijuana patients.

but the Washington Supreme Court upheld the capital gains tax in March 2023, as a valid excise tax under the state's constitution. Profit and prosper with the best of Kiplinger's advice on ...

Washington voters will soon have an opportunity to have their say on an unusual and corrosive tax the Legislature passed in 2021. The controversial tax imposes a levy of 7% ...

Capital gains tax is back in the news. The Supreme Court in Washington ruled that the state’s 7% capital gains tax which was enacted two years ago, is constitutional. The controversial ruling ...

Iowa: Senate Committee Approves Bill Adding 25% Excise Tex On Consumable Hemp Products State ... Washington Gov. Jay Inslee (D) has signed legislation into law that would eliminate excise taxes ...

SPOKANE, Wash. -- This November, Washington voters can repeal the Climate Commitment Act, the state's ambitious climate law.

Excise taxes can be either a flat fee or a percentage of the cost of the product or service. For instance, a state could put ...

Currently, it's known as a Schedule l drug in the eyes of the DEA, which puts it on par with drugs like heroin and ...

For more than 100 years, the state has relied on a gas tax to pay for roads ... to a pay-by-mile system as a new way to ...

All levels of government—federal, state and municipal—use excise taxes as an additional means to collect taxes from consumers. According to the Internal Revenue Service (IRS), excise taxes ...

In Hawaii, all businesses must obtain a state tax ID number regardless of their structure or purpose. This number allows businesses to pay a required general excise tax, a tax that may differ in ...