
January 23, 2013
(Original Post) By: Rachael BadeJanuary 22, 2013 04:41 PM EST Looking for the next big tax debate? Talk to a governor — preferably one with presidential ambitions. From Louisiana to New York, and Wisconsin to Massachusetts, some of the nation’s most prominent governors in both parties — more than a few of whom have grander […]
January 17, 2013
(Original Post) November 19th, 2009 by Joe Kristan The Iowa Fiscal Partnership has generated some headlines by passing around their take on a new study by The Institute on Taxation and Economic Policy: Study says Iowa tax system unfair to poor Report: Iowa tax code favors wealthiest residents Report: Iowa tax system hurts low and […]
January 14, 2013
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January 14, 2013
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January 14, 2013
The core of the COTCE proposals would reduce the state’s reliance on the personal income tax by reducing the number of rates and the maximum tax rate, eliminate the corporate income tax and the state’s share of the sales and use tax, and replace the revenues lost by imposing a new business net receipts tax […]
January 14, 2013
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January 14, 2013
One option for helping to bridge the state’s budget gap would be to reinstate the 10 percent and 11 percent tax rates for high-income Californians. Adding a 10 percent tax rate for married taxpayers with taxable incomes above $277,132 ($138,566 single) and an 11 percent rate for married taxpayers with taxable incomes exceeding $554,265 ($277,132 […]
January 14, 2013
Former Supreme Court Justice Oliver Wendell Holmes once noted that, “Taxes are what we pay for civilized society.” State and local taxes support our public schools, streets and highways, public hospitals that form the backbone of the state’s trauma care system, parks and beaches, the public health infrastructure that ensures that our food is safe […]
January 14, 2013
Former Supreme Court Justice Oliver Wendell Holmes once noted that, “Taxes are what we pay for civilized society.” State and local taxes support our public schools, streets and highways, public hospitals that form the backbone of the state’s trauma care system, parks and beaches, the public health infrastructure that ensures that our food is safe […]
January 8, 2013
(PDF of Original Post) By Dave Umhoefer of the Journal SentinelPosted: April 12, 2010 | At the end of last year, one Midwestern state emerged carrying its lightest total tax burden since the early 1960s. Only six states nationwide saw a bigger drop in the percentage of taxpayer income taken for government spending over an […]
January 8, 2013
(PDF of Original Post) By Bill Gates SrSpecial to The Times THIS year, a typical middle-class family in our state will pay more than 11 percent of its hard-earned income in state and local taxes. Poor families will pay at an even higher rate. Hundreds of thousands of small businesses, already struggling in the current […]
January 8, 2013
(PDF of Original Post) Brad Shannon | Tacoma News Tribune last updated: January 18, 2011 07:24:02 PM Bill Gates Sr., the retired lawyer and wealthy father of the Microsoft co-founder, thinks Washington state’s tax system is out of whack and needs repair. The poor pay too much tax, the rich pay too little, Gates says. […]
January 8, 2013
(PDF of Original Post) By Chelsea Kopta Story Published: Jan 25, 2011 at 5:46 PM PST PASCO, Wash. — Perhaps nothing is certain in Washington State but taxes and complaining about taxes. Now there’s a new hike to gripe about: your cell phone. Cell phones are the tax man’s latest target. And if you didn’t […]
January 7, 2013
(PDF of the Original Post) STAFF REPORTPublished: November 19, 2009 Working families in Pennsylvania pay a far higher share of their income in state and local taxes than their wealthiest counterparts, according to a new study by the Institute on Taxation & Economic Policy (ITEP). In 2007, middle-class earners paid nearly double the share of […]
January 7, 2013
(PDF of the Original Post) April 1, 2011 Flat income tax may have cushioned recession’s blow By Eric Boehm | PA Independent HARRISBURG — One of only seven states with a flat personal income tax system may have spared Pennsylvania from some of the pain of the recent economic downturn. It may be hard to […]
January 4, 2013
(PDF of Original Post) The rich will still move here and remain here By MICHAEL MARSH For the Monitor April 04, 2009 New Hampshire is known for low taxes and frugal government, but our low taxes don’t extend to everyone. Working people here pay four times more of their income in state and local taxes […]
January 4, 2013
(PDF of Original Post) By Jen Huntley I imagine that Gov. Jim Gibbons and I might have one thing in common. We are both polishing our thoughts at the last minute—I with this little column, he with his State of the State address for Mon., Feb. 8. By the time you read this, he will […]
January 4, 2013
(PDF of Original Post) By Sharon Schmickle | Wednesday, May 12, 2010 Sure, you’ve heard it before: Gov. Tim Pawlenty vetoes yet another DFL bid to close the state’s budget chasm by raising income taxes on high earners. But the tax issue has many lives in this election year when the Independence Party’s gubernatorial endorsee, […]
January 4, 2013
(PDF of Original Post) Elizabeth Marsh Cupino Originally published December 10, 2009 Set up a roadblock. Put out an APB. Maryland’s comptroller has reported that the number of millionaires in the state dropped by 30 percent in 2008 and that some wealthy residents might be trying to make a break for it. We can’t have […]
January 4, 2013
(PDF of Original Post) 1:45 AM, Oct. 30, 2010 | Written byJASON CLAYWORTH Here’s what other groups are saying about state tax cuts. IOWA CHILD & FAMILY POLICY CENTER: It questions the premise of proposing state tax cuts, saying state government cannot further reduce revenues without harming vital services, such as K-12 education and children’s […]
January 4, 2013
(PDF of Original Post) The two-point (or more) tax increase making its way through the state legislature has one thing to recommend it. Right now, the super-rich in Illinois — Oprah Winfrey, the Ty Beanie Baby guy, anyone named Pritzker — pay a lower proportion of their income than in any state that levies taxes. […]
January 3, 2013
(PDF of Original Post) 1-cent hike in sales tax taking effect Wednesday, vehicle license fee jumps in May; income tax already went up By GUY KOVNER THE PRESS DEMOCRAT Published: Sunday, March 29, 2009 at 2:32 p.m. The rancor in Sacramento over balancing California’s budget has subsided, at least for the time being. Now Californians […]
January 3, 2013
(PDF of Original Post) By Timm Herdt Originally published 04:42 p.m., July 15, 2009 Updated 04:42 p.m., July 15, 2009 SACRAMENTO — With great fanfare early this year, Republican Gov. Arnold Schwarzenegger and Democratic legislative leaders appointed a blue-ribbon commission to recommend fundamental changes in California’s tax structure. Among the chief charges given to the […]
January 3, 2013
(PDF of Original Post) A new report from the non-partisan Institute on Taxation and Economic Policy says federal tax changes have made itemized deductions more unfair to low-income taxpayers and more costly for government. Dana Naimark of the Children’s Action Alliance and Kevin McCarty of the Arizona Tax Research Association discuss the report. Guests:-Dana Naimark […]
December 21, 2012
Original Post September 26, 2011 by Virginia Young JEFFERSON CITY • Wrestling with your state income tax return? Missouri legislators are weighing a plan that would do away with that chore. But before you celebrate, be aware that it’s not a tax cut. While state individual and corporate income taxes would be eliminated, the lost […]