United States — Local and state governments proposed and advanced tax changes this week. Colorado’s Department of Revenue opened the 2025 income tax filing season on Tuesday, with an April 15 deadline and guidance for online filing. Los Angeles City Council directed drafting of hotel tax options and measures targeting unlicensed cannabis shops for June and November ballots. Virginia Democrats filed more than 50 tax proposals this legislative session, spanning sales, income and targeted levies. Missouri lawmakers advanced a plan to replace income taxes with expanded sales taxes pending a November voter decision. Based on 6 articles reviewed and supporting research.
Prepared by Christopher Adams and reviewed by editorial team.
State governments and municipalities stand to benefit from increased or diversified revenue streams if proposed taxes and ballot measures pass.
Taxpayers, particularly lower- and middle-income households and small businesses in targeted sectors, may face higher costs from new or expanded taxes.
LA considers asking voters to raise a variety of taxes: Hotels, vacant properties, weed and more
LAistStates, Cities Advance Wide-Ranging Tax Proposals This Year
https://www.kktv.com https://www.kkco11news.com https://www.firstalert4.com https://www.kait8.comVirginia Democrats introduce flood of new tax proposals despite running on affordability
WJLA
Comments