Several new Illinois laws and tax increases take effect on July 1, 2025, including new rules for single-use plastics, a tipped minimum wage increase, and taxes on sports bets, vaping and gas.

Illinois enacts new laws in July including minimum wage increases, higher tobacco taxes, gas tax adjustments, and a ban on ...

The Employment Development Department estimates that the debt will rise to $23.7 billionby the end of 2026, even though federal officials have raised their payroll taxes in California to chip away at ...

U.S. Senate Republicans were trying to pass President Donald Trump's sweeping tax-cut and spending bill on Monday, despite ...

The Budget confirmed that Gibraltar’s new Transaction Tax will be phased in over three years. The initial rate will be 15%, rising to 16% in year two, and 17% in year three. An independent mechanism ...

Elon Musk blasted Republicans over the new spending bill, calling it “insane” for raising the debt ceiling by $5 trillion. He ...