Massachusetts
LPIB: Tanzi bill would close corporate tax loophole
January 7, 2013
(PDF of the Original Post) STATE HOUSE – Rep. Teresa Tanzi is pushing for legislation that would close a loophole that large, multi-state and international corporations use to avoid paying state taxes. Representative Tanzi (D-Dist. 34, South Kingstown, Narragansett) is sponsoring legislation (2011-H 5738) that would enact combined reporting. One of the tricks many multi-state […]
Narragansett Patch: Tanzi- Bill Proposed to Close Corporate Tax Loophole
January 7, 2013
(PDF of the Original Post) Rep. Teresa Tanzi has proposed a bill that would close the state’s corporate tax loophole. June 2, 2011 STATE HOUSE – Rep. Teresa Tanzi is pushing for legislation that would close a loophole that large, multi-state and international corporations use to avoid paying state taxes. Representative Tanzi (D-Dist. 34, South […]
Concord Monitor: Estate tax would be a fair way to raise revenue
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 […]
Las Vegas Review-Journal: Study makes case for state income tax
January 4, 2013
(PDF of Original Post) By ALAN CHOATELAS VEGAS REVIEW-JOURNAL Nevada’s lack of an income tax means state taxpayers are paying more than they should in federal income taxes, according to a study released Monday. Seven states that rely on sales taxes instead of an income tax could cut sales taxes while implementing an income tax […]
Labor Notes: Who Pays Taxes?
January 4, 2013
(PDF of Original Post) Bruce Boccardy | October 27, 2010 A mountain of literature documents the unfairness in our tax system. Laws in the majority of states are rife with dodges that permit large corporations to avoid paying tax on a significant share of their profits. These dodges include depreciation rules, exemptions, deductions, credits, tax […]
Daily Hampshire Gazette: Fair taxation one budget fix
January 4, 2013
(PDF of Original Post) Saturday, March 26, 2011 EASTHAMPTON – The middle class is disappearing in America. We hear it over and over again. Instead of watching helplessly while it slips away, a few brave members of the state Legislature, lead sponsors state Sen. Sonia Chang-Diaz and Rep. Jim O’Day, have filed “An Act to […]
NBC Chicago: How to Soak the Rich Without Soaking the Poor, Too
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. […]
Hartford Courant: State Tax Exemptions In The Cross Hairs
January 3, 2013
(PDF of Original Post) By CHRISTOPHER KEATING, [email protected] The Hartford Courant 7:00 PM EST, January 26, 2011 HARTFORD — In flush economic times, the legislature could leave untouched the huge number of exemptions from the state’s 6 percent sales tax: haircuts, prescription drugs, boat repairs, car washes, and food purchased at supermarkets, to name a […]
CNN: By the Numbers- Politics in 2013
January 3, 2013
(Original Post) By Amy Roberts, CNN Libraryupdated 11:14 AM EST, Thu January 3, 2013 (CNN) — Two-thousand-thirteen promises to be an interesting political year — with two governors races that will be closely watched, the very real possibility of another special Senate election in Massachusetts, a possible debate in Washington over immigration reform as the […]
New Haven Advocate: Connecticut Can Still Raise Taxes on the Rich, Even if Washington Doesn’t
December 21, 2012
Original Post By Mark EnglerMay 24, 2011 In 2009, when then-New York Gov. David Paterson signed a temporary tax increase on the state’s wealthiest individuals — one of the so-called “millionaire’s taxes” that have passed in recent years in select states across the country — at least one multimillionaire was not happy. Rush Limbaugh proclaimed […]
Forbes: Massachusetts State No. 17 With 2011 Sales Tax Holiday
December 21, 2012
Original Post August 2, 2011 by Ashlea Ebeling Down to the wire — again. Massachusetts Gov. Deval Patrick signed legislation Aug. 1 making Massachusetts the 17th state to officially announce a back-to-school season sales tax holiday for 2011. Massachusetts’ taxpayers don’t have much time to make their shopping lists. The holiday, where just about anything […]
USA Today: Critics say states should discontinue tax holidays
December 21, 2012
Original Post August 6, 2011 by Jayne O’Donnell The back-to-school sales tax holidays that start Friday in many states may be popular with politicians and retailers, but critics say revenue-starved states should abandon them. Seventeen states plan to give shoppers a break on sales taxes for school-related purchases this season. Massachusetts and Arkansas added a […]
AOL Daily Finance: The True Cost of State Sales Tax Holidays
December 21, 2012
Original Post August 12, 2011 by Sheryl Nance-Nash ‘Tis the sales-tax-holiday season, when states give the gift of tax-free shopping for clothing, computers and other back-to-school supplies. It seems like a good thing: Take a little pressure off the pockets of cash-strapped parents, make retailers smile and make politicians look good for supporting tax relief. […]
Kansas City Star: Momentum grows to swap income tax for sales tax in states
December 21, 2012
By DAVE HELLING Talk about a tax break. While all the attention this summer was focused on the federal debt and tax policy in Washington, some lawmakers and activists closer to home were quietly moving toward achieving a long-term goal: eliminating income taxes in Missouri and Kansas. “The time has come,” said Jonathan Williams, director […]
Irish Times: Middle classes let out another shriek of pain, this time in DC
December 19, 2012
(Original Post) Saturday, November 5, 2011 LARA MARLOWE AMERICA: THE OCCUPY movement that started in the US seven weeks ago has been described as a shriek of pain by the American middle- class. That pain was obvious on Thursday, when 2,000 nurses, trade unionists and government employees gathered in Lafayette Park, across the street from […]
Boston Herald: Study: Verizon pays no taxes
December 19, 2012
By Thomas Grillo Sunday, November 6, 2011 The union that represents Bay State telephone workers is blasting Verizon following a report that said the telecommunications giant has not paid a penny in taxes for the past three years. “We wouldn’t mind if Verizon wasn’t paying taxes if they used the money saved to invest in […]
The Berkshire Eagle: Disgraceful tax dodge
December 19, 2012
(Original Post) Updated: 11/07/2011 11:14:26 AM EST Monday November 7, 2011 If there is anything we should be able to agree upon in this fractured nation it’s that giant corporations should not pay less in federal taxes than the average small business or working man and woman. Especially those corporations that extravagantly compensate their top […]
Grist: Energy companies get $24 billion of corporate welfare from taxpayers
December 19, 2012
(Original Post) by Brad Johnson 9 Nov 2011 4:24 PM Chart.Tax breaks and subsidies for energy companies have gotten so extreme that dozens of top companies have made billions in profits while having negative taxes — actually receiving taxpayer welfare instead of paying anything to the federal treasury. An analysis by Citizens for Tax Justice […]
DSL Reports: Study: Verizon Hasn’t Paid a Cent in Taxes in 3 Years
December 19, 2012
(Original Post) by Karl Bode Thursday 10-Nov-2011 Two non profits, the Citizens for Tax Justice and the Institute on Taxation and Economic Policy, are circulating a new study named Corporate Taxpayers & Corporate Tax Dodgers (pdf) which names and shames corporations that are dodging taxes. The study examines financial reports from 280 profitable from the […]
The Boston Globe: Big corporations avoid state taxes, study says
December 19, 2012
(Original Post) By Beth Healy | Globe Staff December 08, 2011 Sixty-eight out of 265 Fortune 500 companies across the country paid no state corporate income taxes in at least one of the last three years, according to a new report. The companies included in the study – including EMC Corp. and Raytheon Co. […]
ABC News: State of the Union: Fact Checking the President
December 17, 2012
(Original Post) By ABC News | ABC News ABC News’ Huma Khan, Elizabeth Hartfield, Matt Negrin, Chris Good, Amy Bingham, Jeunee Simon, Greg Krieg, Meg Fowler and Sarah Parnass report:Fact or Fiction Number 1 – The Booming Economy: Obama’s Jobs Story Did the economy crater before President Obama’s inauguration, then rebound once his policies took […]
Greenwich Times: ‘Buffet Rule’ would hit Connecticut hard
December 17, 2012
(Original Post) Charles J. LewisPublished 06:18 p.m., Saturday, April 14, 2012 WASHINGTON — Many well-heeled Connecticut taxpayers are likely to pay close attention to how the state’s two senators vote Monday when the U.S. Senate considers the “Buffet Rule,” President Barack Obama’s bid to raise taxes on millionaires. Senators will take up legislation, dubbed the […]
South End Patch: Massive Tax Day Rally Envelops Financial District
December 17, 2012
(Original Post) Hundreds of concerned citizens took to the streets of the Financial District Tuesday to protest “tax-dodging” corporations. By Andrew Jeromski A Massive group of protesters took to the streets of Boston’s Financial District late yesterday afternoon to demand major corporations and the wealthiest 1 percent of Americans pay their fare share of […]
The Milford Daily News: Some question value of sales tax holiday
December 17, 2012
(Original Post) By Laura Krantz/Daily News staffMetroWest Daily NewsPosted Jul 13, 2012 @ 01:11 AM FRAMINGHAM — When Jim Green heard about this year’s sales tax holiday, his reaction was “Oh my God!” Green owns Automatic Appliance Service in Framingham, a six-employee family business that recently celebrated its 50th anniversary. “You can do a month’s […]
Bloomberg: Back to School Means Back to Sales Tax Holidays, But Are They Worth It?
December 17, 2012
(Original Post) August 1, 2012 by Kathleen Caggiano t’s that time of year again – the end of summer signals back to school for many families. And it also signals the start of various sales tax holidays, as many states offer various sales tax holidays in the beginning of August. In 2012, 17 states will […]
