
March 21, 2013
(Original Post) March 21, 2013 ANNAPOLIS, Md. – Proposals to increase the gas tax in Maryland appear to be gaining steam. The House of Representatives is debating legislation this week that could increase the tax by nearly four cents a gallon by this summer. Tax policy analyst Carl Davis is with the Institute on Taxation […]
March 20, 2013 • By ITEP Staff
Gov. Peter Shumlin has the right idea when he says we should invest in expanding the availability of child care for working Vermonters. However, it just doesn’t make sense to take money from low-wage working families to pay for this initiative. Other changes to Vermont’s income tax code could produce about as much revenue as […]
March 20, 2013
(Original Post) Posted by Dylan Matthews on March 20, 2013 at 11:45 am Most conservative policymakers at the federal level just want to sharply reduce the income tax, not eliminate it entirely. But more and more Republican-controlled states are deciding to go big or go home. So far, Govs. Bobby Jindal (R-LA), Dave Heineman (R-NE), […]
March 20, 2013 • By ITEP Staff
Policy Options to Address Utah’s Future Transportation Needs Funding Utah’s transportation needs is a significant economic and fiscal challenge for state policymakers. Over the next three decades, Utah’s population is set to increase by over 60% from 2.8 million to 4.5 million.1 Coupled with this signifi cant growth is the possibility of an increase in […]
March 20, 2013
(Original Post) By the Editorial Board Midway through the first session of the 97th Missouri General Assembly, the state Senate — in the name of tax “reform” — has declared class war on at least 80 percent of the state’s 6 million citizens. The Senate has done this by proposing a massive shift in the […]
March 19, 2013
Mar. 19, 2013 1:07 AM Written by Bill Decker If Gov. Bobby Jindal’s tax reform plan hurts working people, state Rep. Joel Robideaux doesn’t see how. “I have yet to find a situation where a working individual in a working family will pay more taxes under this scenario,” Robideaux said Monday, speaking at the first […]
March 19, 2013 • By ITEP Staff
Gov. Bobby Jindal’s plan to abolish Louisiana’s income taxes is based on a flawed economic analysis and is likely to hurt the state’s economy rather than boost it, according to a new report by the Louisiana Budget Project. Read the Full Report
March 18, 2013
(Original Post) Posted: 6:02 p.m. Sunday, March 17, 2013 By Jay Bookman The Atlanta Journal-Constitution If you want to pay higher taxes, state Sen. David Shafer, the Senate president pro tem from Gwinnett County, has just the plan for you. He has proposed two amendments to the state constitution that, if approved by voters, would […]
March 15, 2013 • By ITEP Staff
If Ohio is going to broaden the tax base, the state should adopt a state Earned Income Tax Credit (EITC), as 25 states (including the District of Columbia) have done. It is good policy at any time, especially when legislators are considering raising taxes on those least able to pay. An EITC not only helps […]
March 15, 2013
At $4 per gallon of fuel, 69 cents in tax is paid at the pump Mar 14, 2013 Written by Theresa Juva-Brown As if the yo-yoing of gasoline prices isn’t puzzling enough, try understanding all the fuel taxes drivers pay in New York. New York City-area drivers pay eight separate taxes at the pump. From […]
March 15, 2013
(Original Post) By Gary Richards [email protected]: 03/14/2013 12:01:00 AM PDT Q Gary, here’s your chance to be an unbelievable hero. I’m a senior and remember back in the ’50s when California had the best roads in the U.S. But back then, all gas taxes had to be used for road repair or construction. Then, along […]
March 15, 2013
7:54 am March 15, 2013, by Jay If you want to pay higher taxes, state Sen. David Shafer, the Senate president pro tem from Gwinnett County, has just the plan for you. He has proposed two amendments to the state constitution that, if approved by voters, would lead to significantly higher taxes on the vast […]
March 14, 2013
(Original Post) By Nanette Byrnes Thu Mar 14, 2013 11:50am EDT (Reuters) – Tight state budgets and jammed roadways this year are prompting some state governments to make one of the most politically unpopular moves imaginable: raising gasoline taxes. Because they hit everyone, gas taxes are widely disliked and rarely increased. But after decades of […]
March 13, 2013
(Original Post) Posted: Wednesday, March 13, 2013 12:41 pm By CRAIG O’DONNELL [email protected] ANNAPOLIS – When the week began, there was just one month left in the General Assembly session. On Monday, Del. Jay Jacobs, R-36-Kent, summed up the session. “Looking at what we have to deal with … it’s undoable, almost,” he said. “This […]
March 13, 2013
(Original Post) March 11, 2013|By JIM HORAN | OP-ED, The Hartford Courant Just two years ago, Gov. Dannel P. Malloy proposed, and Connecticut adopted, a state Earned Income Tax Credit, known as EITC, to help hard-working parents meet their basic needs and keep their families out of poverty. In its first year, that credit helped […]
March 13, 2013
Paiva Weed, Fox, Chafee skeptical about 7.99% rate Updated: Tuesday, 12 Mar 2013, 10:07 PM EDT Published : Tuesday, 12 Mar 2013, 5:25 PM EDT By Ted Nesi, WPRI.com Reporter PROVIDENCE, R.I. (WPRI) – A coalition of political progressives and labor leaders renewed their uphill battle to raise affluent Rhode Islanders’ taxes on Tuesday, arguing […]
March 12, 2013 • By ITEP Staff
This Facts At A Glance updates MassBudget’s analysis of a reform option that would make changes to the way the Commonwealth taxes wage and salary income as well as investment income. The Department of Revenue (DOR) recently examined this reform option and estimated that the proposal’s combined changes would generate between $1.99 billion and $2.11 […]
March 12, 2013 • By ITEP Staff
Taxes are the primary way we pay for the things that we do together through government. These include things like police and fire protection; public education; roads, bridges and public transportation; a safety net for when people face hard times; and more. Determining how much people at different income levels pay in taxes is important […]
March 12, 2013 • By ITEP Staff
In his FY 2014 budget, the Governor proposes making significant new investments in education and transportation, as well as limiting cuts to other program areas. He proposes paying for these investments with a tax increase, one that would raise an estimated $1.9 billion in new, annual revenue and would do so in a progressive manner […]
March 12, 2013 • By ITEP Staff
Senate Gives Initial Approval to Extreme Tax Cut Bill Which Would Devastate Missouri Services, Infrastructure, and the State’s Economy An extreme tax cut proposal, perfected this week by the Missouri Senate would slash Missouri’s general revenue budget by nearly $1 billion when fully implemented, resulting in devastating cuts to services throughout the state. Further, the […]
March 11, 2013
(Original Post) By Scott Franz Sunday, March 10, 2013 There’s nothing modest about Outdoor Retailer’s winter trade show in Salt Lake City. #For four days in January, the downtown Salt Palace Convention Center becomes a dizzying labyrinth of booths manned by the world’s most famous outdoor manufacturers. #It’s a place where a large SmartWool banner […]
March 11, 2013
(Original Post) By Mark Ballardand Michelle Millhollon Capitol news bureau March 11, 2013 At the top of a “talking points” memo handed to legislators, Gov. Bobby Jindal justifies overhauling the state’s tax system in order to increase the state’s ranking on an index drafted by the Tax Foundation. Stephen Moret, Jindal’s secretary of the state […]
March 11, 2013
(Original Post) A new report just released by the Institute on Taxation and Economic Policy shows the Lone Star State economy lagging far behind states that have income taxes. Reviewing economic data over the past decade In measures of growth per capita, median household income growth, and average annual unemployment rates, the study show Texas […]
March 6, 2013
(Original Post) Sunday, March 3, 2013 By SCOTT ROTHSCHILD, The Lawrence Journal-World The effort by Gov. Sam Brownback and several other Republican governors to eliminate personal state income taxes is based on an economic theory that is “extremely flawed,” a new report by a non-partisan research group says. Brownback has depended on the claims of […]
March 1, 2013 • By ITEP Staff
An extreme tax cut proposal approved by a Senate Committee this week would slash MO’s general revenue by more than one-fifth, resulting in devastating cuts to services throughout the state and undermining Missouri’s ability to invest in the very services that make it attractive to business. MBP’s latest report outlines the bill and its impact […]