July 6, 2015
Carl Davis, research director at the Institute on Taxation and Economic Policy, said efforts to raise state taxes to pay for roads and bridges exploded this year. In 2013 and 2014, four states (Massachusetts, New Hampshire, Vermont and Wyoming) increased their gas taxes, while Maryland, Pennsylvania and Rhode Island indexed the gas tax to either […]
July 6, 2015
“The Institute for Taxation and Economic Policy crunched the numbers and found that the poorest 20 percent of Kansans will now pay 1.4 percent more in taxes than in 2012 and the wealthiest 1 percent will pay 1.9 percent less. That’s the Republican way. But it’s wrong.” Read more Read more here: http://www.kansas.com/opinion/opn-columns-blogs/opinion-line/article26199475.html#storylink=cpy
July 6, 2015
The Michigan Chamber of Commerce today applauded the Michigan Senate for their leadership in passing a comprehensive plan to fix Michigan’s roads. Gas taxes in six other states are to rise Wednesday, according to the Institute on Taxation and Economic Policy, as legislators in Vermont, Nebraska, Rhode Island, Maryland, Georgia and Idaho, raised gas taxes to make […]
July 6, 2015
Carl Davis, Research Director of the Institute on Tax and Economic Policy (ITEP) writes where gas taxes used to fund transportation infrastructure increased, if only by decimal points, and about the aberration—the six-cent plunge in California. “The largest gas tax increases are taking place in Idaho (7 cents per gallon) and Georgia (6.7 cents for […]
July 2, 2015
Gas tax cuts stopped in two states: And some drivers who had been expecting lower fuel taxes are disappointed. Carl Davis, research director at the Institute on Taxation and Economic Policy (ITEP), notes on the Tax Justice Blog that automatic gas tax cuts had been scheduled to take place in Kentucky and North Carolina. Lawmakers […]
July 2, 2015
Hey, Michigan, look over here. Look west. OK, that’s Ironwood, which is still in Michigan. A little further. There you go. Hi. Minnesota’s the name. So you’ve got some state budget issues and you want to increase the gasoline tax. In Michigan, families earning from $17,000 to $34,000 pay 9.4 percent of that income in […]
July 2, 2015
The budget includes a 6.3 percent reduction in income tax rates, plus an expansion of additional tax relief for business income. Recall that the Statehouse already has reduced rates 21 percent and then another 10 percent. This new plan for tax cuts skews (again) to the wealthy, resulting in an average reduction of $10,236 a […]
July 1, 2015
In 1919, Oregon lawmakers were looking for a way to fund road construction and kicked off a national movement when they created the country’s first tax on gasoline. Just over a decade later, every state and the federal government had implemented a gas tax, and it eventually became the most important funding source for the […]
July 1, 2015
According to the Citizens for Tax Justice and the Institute on Taxation and Economic Policy (ITEP), starting today, six states will increase their gas taxes to help pay for transportation projects. Beginning July 1, drivers in Idaho, Georgia, Maryland, Rhode Island, Nebraska and Vermont will be charged more at the pump as a result of […]
July 1, 2015
Six states raise fuel levy to fund transportation projects to make up for federal deficits. According to the Citizens for Tax Justice and the Institute on Taxation and Economic Policy (ITEP), in an effort to replace federal transportation funding, six states will be raising the tax on fuel purchases. This tax increase goes into effect […]
July 1, 2015
Oregon’s much-anticipated per-mile driving fee, called OReGO, launches today. Instead of paying the normal gas tax embedded in the price of fuel, OReGO drivers will pay 1.5 cents for every mile on the road. The initial public rollout is limited to 5,000 vehicles, but the implications of the program are vast: if all goes well, […]
July 1, 2015
July 1 is the first day of Rhode Island state government’s new fiscal year, which means a number of tax changes are taking effect as part of the state budget. Rhode Island is one of six states increasing the gas tax July 1, according to the Institute on Taxation and Economic Policy, a liberal research […]
July 1, 2015
Drivers in Idaho, Georgia, Maryland, Rhode Island, Nebraska and Vermont will be charged more at the pump starting July 1, according to the Citizens for Tax Justice and the Institute on Taxation and Economic Policy. By far the biggest increases are in Idaho and Georgia, where gasoline taxes will jump almost 7 cents per gallon. […]
July 1, 2015
Two groups have put together a list of six states in which gasoline taxes will go up beginning Wednesday. Citizens for Tax Justice and the Institute on Taxation and Economic Policy say that drivers in Idaho, Georgia, Maryland, Rhode Island, Nebraska and Vermont will be charged more at the pump as a result of new […]
July 1, 2015
The flurry of state gas tax legislation enacted earlier this year now goes into effect for a handful of states across the country, providing an increase in funding for much-needed transportation projects. “While some drivers may view this as an unwelcome development during the busy summer travel season,” said Carl Davis, research director for the […]
July 1, 2015
Brownback and the Legislature raised the sales tax rate to help fill a large revenue shortfall created by the 2012 state income tax cuts, which included eliminating income taxes on about 330,000 owners of limited liability companies and Subchapter S corporations. Though a number of lawmakers argued this past session that the business exemption was […]