In 2012, Kansas lawmakers slashed income‑tax brackets and even set the rate for many small businesses to zero. The plan sounded like a boost for growth, but it left the state’s coffers thin. By 2014, general‑fund receipts had dropped by about $600 million – a hit that the state could not recover wit
Michigan's cannabis industry is in for a rough ride as a new tax policy kicks in. Starting January 1st, a 24% wholesale tax joins the existing 10% retail tax and 6% sales tax. This means cannabis products are now hit with a total tax of 40%. This is a big deal for businesses like Green Acres Cannabi
In 2025, the Texas Lottery gave a big chunk of money to education and veterans. It sent $1. 77 billion to the Foundation School Fund. This money helps with teacher pay, classroom tech, special education, and even school trips. It also gave $31. 1 million to the Fund for Veterans’ Assistance. This he
South Carolina's lawmakers are diving into a heated debate over sports betting. They're pushing to legalize it, aiming to create a state-run system that could bring in over $13 million in tax revenue. This isn't a new trend. More than 30 states have already done it since a federal ban was lifted in
