June 13, 2013
(Original Post) Post on June 12, 2013 by Allan Freyer One of the most eye-popping parts of the Senate tax reform plan is the proposed elimination of the state’s Corporate Income Tax, for a cost of $1 billion in foregone revenue each year. Although Senate leaders have expressed high hopes for the economic benefits of […]
June 10, 2013
(Original Post) The Huffington Post | By Jillian Berman Posted: 06/03/2013 1:58 pm EDT | Updated: 06/03/2013 5:05 pm EDT Apple may be getting all the attention from lawmakers and the news media for its offshore tax practices, but a new report finds that other major companies are using similar tactics to avoid paying taxes […]
June 10, 2013
(Original Post) By Alison VekshinJune 06, 2013 Hugh Joyce, a contractor in Richmond, Va., owns three plug-in cars, and like many green-car evangelists, he’s unabashed about his love for them—especially his new $80,000 Tesla (TSLA) Model S. It’s “the most important vehicle since the Model T,” he says. “It’s the first electric car with a […]
June 10, 2013
(Original Post) June 08, 2013 4:45 am • JOEL McNALLY | state columnist Remember back when Wisconsin was proud to be one of the most progressive states in the nation? Even more importantly, do you remember the states we all held in contempt for exactly the opposite distinction — being the most regressive states in […]
June 10, 2013
4:00 pm – June 05, 2013 by LAUNCE RAKE The Nevada Legislature met in 2013, aware that its solemn duty was to address the profound issues affecting every citizen of the state, most especially a tax and funding system that everyone, from all parties and industries, agreed was completely dysfunctional. And so, 120 days-plus-one after […]
May 30, 2013
By Patrick Marley and Jason Stein of the Journal Sentinel May 30, 2013 3:31 p.m. Madison — Republicans who control the Legislature are working on a deal that would increase funding for public schools and extend a school voucher program statewide, but in a way that is far more limited than what GOP Gov. […]
May 30, 2013
(Original Post) 5/29/2013 With conservative super-majorities in place on both sides of the Kansas Statehouse, Gov. Sam Brownback had to have been expecting a relatively cooperative and short session this year. Rubberstamp a few more tax cuts for those who didn’t need them, a few more reductions in services for those who do need […]
May 24, 2013
(Original Post) By Michael Moore, Union Advocate editor23 May 2013ST. PAUL – Minnesota’s working families will see the most obvious fruits of the 2013 legislative session in their public schools and property-tax bills, but that’s just the tip of the iceberg of investments, reforms and initiatives passed by labor-endorsed majorities in the Legislature this year, […]
May 23, 2013
(Original Post) Posted by Scott Rothschild May 23, 2013 at 11:30 a.m. Topeka — Taxes will increase for low-wage Kansans and decrease for those with higher incomes under plans being considered by Republican state legislators, according to a Washington, D.C.-based think tank. The Institute on Taxation and Economic Policy looked at the various proposals before […]
May 23, 2013
(Original Post) By Dennis [email protected] This article was published on 05.23.13. Nevada has a crappy tax system. Here’s why. It was sweltering. Januaries in Carson City are cold, of course, but the Nevada Assembly hall was jammed with bodies and television lights. Even on a weekday evening people traveled to the capitol for these occasions. […]
May 21, 2013
(Original Post) The Huffington Post | By Jillian Berman Posted: 05/21/2013 3:30 pm EDT When Apple CEO Tim Cook appeared before a panel of Senators Tuesday, much of the questioning centered around why so much of the company’s money sits untaxed overseas. Cook defended the practice, saying his company doesn’t “depend on gimmicks” to lower […]
May 17, 2013
(Original Post) This is an additional contribution to the blog series that presents voices from other states that have unsuccessfully pursued comprehensive tax reform. (See Part 1, Part 2 and Part 3) Commentary provided by Renee Fry, Executive Director of the OpenSky Policy Institute in Lincoln, NE. Nebraska’s 2013 legislative session kicked off with Gov. […]
May 17, 2013
(Original Post) Post on May 16, 2013 by Rob Schofield How low have things sunk in the Raleigh policy debate? This low: A front group for corporations and greedy billionaires is bringing a has-been Washington lobbyist to town to promote higher taxes on poor and middle class North Carolinians and some are calling it a […]
May 17, 2013
(Original Post) Posted Thursday, May 16, 2013 in Opinions by Chris Lewis There’s been a lot of hand-wringing lately about bloating, excess, and abuse of government assistance programs like disability insurance and food stamps. For taxpayers anxious about whether public assistance dollars are well spent, there’s a lot to keep track of: SSI, SSDI, Social […]
May 17, 2013
(Original Post) Now that Tommy Chong’s cancer has been cured, the Grammy Award-winning comedian is setting his sights on another challenge: saving America. In a recent interview with CBS News, Chong talked about how legalizing marijuana could solve the country’s fiscal problems. “Look at the situation we’re in now. Sequesters. Cuts. Everything cut across the […]
May 17, 2013
(Original Post) Asian Journal, News Report, Posted: May 16, 2013 LOS ANGELES – In California, Asian and Hispanic immigrants pay nearly $30 billion in federal taxes, $5.2 billion in state income taxes, and $4.6 billion in sales taxes each year. In New York, immigrants are responsible for $229 billion in economic output in the state. […]
May 17, 2013
(Original Post) By Timothy Karr, Guest CommentaryPublished 1:22 pm, Wednesday, May 15, 2013 Is your Internet bill too high? You can thank the phone and cable companies for that. Today, high-speed broadband services offered by these national carriers cost more than $500 a year and even more when customers are forced to bundle Internet access […]
May 17, 2013
(Original Post) By Noah Bierman| Globe Staff May 13, 2013 WASHINGTON — It’s early to be drinking, but just after 10:30 a.m. on a weekday, Jim Koch, the founder of Samuel Adams beer, pops open a bottle of lager and regales his audience with stories. It’s no barroom banter. Koch is standing behind a […]
May 16, 2013
(Original Post) The plan to reduce Oklahoma’s income tax from 5.25 percent to 5.00 beginning in 2015 is a done deal. We know it means losing $200 million from state revenues that could have gone to hire more teachers and properly fund public safety so that we have enough troopers on the road and ensure […]
May 10, 2013
(Original Post) By Steve Mistler [email protected] House Bureau AUGUSTA — A Maine family of four earning $50,000 a year would save about $647 on its state income taxes under a sweeping tax reform proposal to be aired in a public hearing today before the Legislature’s Taxation Committee. However, that same family also would pay hundreds […]
May 10, 2013
Posted: May 09, 2013 6:25 PM EDT Updated: May 09, 2013 11:10 PM EDT By Jon Paepcke BIRMINGHAM, AL – With every bar code swipe, the numbers add up in Alabama. Did you know that for every dollar you spend on groceries four cents goes to the state? It’s true. Did you also know we […]
May 8, 2013
(Original Post) Wednesday, May 08, 2013 GoLocalProv Politics Team An assemblage of Rhode Islanders, including labor leaders, municipal leaders, wealthy Rhode Islanders, Providence public school students, small business owners, economists and others, testified today in support of bill H-5751, sponsored by Representative Maria Cimini, that will increase the income tax rate from 5.99% to 7.99% […]
May 8, 2013
(Original Post) 5:13 pm, Tue May 7, 2013 By Michael Tomsic “The largest tax cut in North Carolina history.” That’s how Republican state senate leaders describe the tax plan they unveiled Tuesday. But that plan also expands the sales tax to many more services. Senate leader Phil Berger said the GOP plan will cut […]
May 8, 2013
(Original Post) Ashlee Rezin Wednesday May 8th, 2013, 1:11pm The U.S. Senate voted to approve the Marketplace Fairness Act, a bill that would require online retailers to comply with sales tax laws of states where they sell and ship goods. According to proponents of the measure, Internet shoppers are one step closer to losing the […]
May 7, 2013
(Original Post) Posted By Ryan Holeywell | May 7, 2013 The U.S. Senate passed the Marketplace Fairness Act (MFA) 69 to 27 Monday night, marking a historic victory for state and local leaders who have long advocated for Congress to give them the ability to collect sales taxes from online purchases. The vote was the […]
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