January 7, 2013
(PDF of the Original Post) By Patriot-News Op-Ed March 21, 2010, 12:37PM There is a myth alive and well that low-income people don’t pay taxes. The truth is just the opposite: The poorest families in Pennsylvania pay a higher share of their meager incomes in taxes than middle-class or wealthy families. Who are the poor? […]
January 7, 2013
(PDF of the Original Post) Friday, February 04, 2011 05:00 AM Pennsylvania, like most states, faces huge deficits due to the economic meltdown. Our new governor has promised to balance the state budget without adding or increasing taxes or fees, by cutting business taxes and by making deep cuts in programs. But do we know […]
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 7, 2013
(PDF of the Original Post) By Nick Budnick / The Bulletin Published: January 14. 2010 4:00AM PST SALEM — Both sides of the tax battle over the Jan. 26 ballot argue that they, and not their opponent, are the champions of tax fairness in Oregon. The union-backed coalition that is supporting Measures 66 and 67, […]
January 7, 2013
(PDF of the Original Post) By Froma Harrop A daffy Wall Street Journal editorial about the “vanishing millionaires” of Oregon lit a spark in a fairly humorless week. It offers the usual boilerplate about the rich fleeing to tax-friendlier provinces because their state raised taxes, but this time with a great visual: “One-quarter of the […]
January 7, 2013
(PDF of the Original Post) by: SHANNON MUCHMORE World Staff Writer Thursday, November 19, 2009 11/19/2009 5:01:04 AM The poorest 20 percent of Oklahomans pay the most in state and local taxes, a trend seen throughout most ofthe nation, a report issued this month states. “Who Pays?” — an analysis by the nonprofit Institute on […]
January 7, 2013
(PDF of the Original Post) The Oklahoman Editorial Published: November 22, 2009 NO further tax cuts are in the offing for the foreseeable future, so Oklahoma’s tendency to tax lower-income citizens disproportionately is also unlikely to change any time soon. The state is rated as having an exceptionally regressive tax system by the Institute on […]
January 7, 2013
(PDF of the Original Post) Thursday, March 10, 2011 Another Oklahoma income tax cut is expected to come into effect Jan. 1, 2012, despite evidence that strongly suggests the tax cut’s adverse impact on public services and income equality far outweigh its contrived benefits. The initial justification for the cut was based on projections that […]
January 7, 2013
(PDF of the Original Post) by: RANDY KREHBIEL World Staff Writer Monday, March 14, 2011 3/14/2011 5:35:07 AM Eighty percent of Oklahoma households would see little or no direct benefit from an impending quarter-percent income tax cut, according to a report issued last week by the Oklahoma Policy Institute. Nearly three-quarters of the $120-million tax […]
January 7, 2013
(PDF of the Original Post) by David | March 17th, 2011 A recent OK Policy fact sheet that analyzed the distribution of benefits from cutting the state’s top personal income tax rate from 5.5 to 5.25 percent has generated considerable interest and discussion. The tax cut would have a $120 million revenue impact; the analysis […]
January 7, 2013
(PDF of the Original Post) By Kurt Hochenauer Oklahoma college students should expect another increase in tuition costs this fall, in part, because the state Legislature will probably not stop what University of Oklahoma President David L. Boren has called an “irresponsible” tax cut. Boren reportedly made the remark in early May at a meeting […]
January 7, 2013
(PDF of the Original Post) By Evan Bevins, [email protected] POSTED: December 19, 2009 Thursday’s approval of Ohio Gov. Ted Strickland’s plan to delay a tax cut will cost a majority of residents less than $70. For the 20 percent of taxpayers making more than $76,000, the difference will be in the three- or even four-digit […]
January 7, 2013
(PDF of the Original Post) By STEPHEN MAJORS (AP) COLUMBUS, Ohio — Ohioans will pay more in 2009 taxes than expected because a budget compromise expected to clear the Legislature on Thursday delays the last in a series of tax cuts begun four years ago. The agreement delays a scheduled income tax cut to fill […]
January 7, 2013
(PDF of the Original Post) That huge whooshing sound you may have heard Thursday was made by school administrators across Ohio breathing a sigh of relief. It’s not that the Legislature made their jobs any easier, mind you; implementing changes expected to follow the governor’s evidence-based education reform plan could present another set of challenges. […]
January 7, 2013
(PDF of the Original Post) By ZACH SCHILLER THE State of Ohio, you may have heard, has a budget problem. The state budget will be billions of dollars short in the two years that start next July 1. It’s easy to attribute this problem to the economy, and that’s certainly part of it. But a […]
January 7, 2013
(PDF of the Original Post) 2:18 PM Wednesday, March 23, 2011 Ohio’s state government deficit is likely to be nearly $8 billion this year. That’s a fact. The real question is: How did we get there? By “accident”? Was it just “fate”? Or is it possible that this is a manufactured problem? In the struggle […]
January 7, 2013
(Original Post) BY JIM PROVANCEBLADE COLUMBUS BUREAU CHIEF DUBLIN, Ohio — As Micah Hetrick, of Dublin, who is developmentally disabled, proudly boasted Monday of his job and paycheck, Gov. John Kasich quipped, “We’re trying to cut his taxes.” The remark drew laughs at Dublin Methodist Hospital, where the governor promoted a plan to employ people […]
January 7, 2013
(PDF of the Original Post) By JILL SCHRAMM, Staff Writer [email protected] Taxpayers will be in a position to measure the success of the Legislature’s property-tax relief package when tax statements appear in their mail in a few weeks. But already, there’s strong feeling among many legislators and others that more needs to be done to […]
January 7, 2013
(PDF of the Original Post) Post on February 14, 2011 by Ed McLenaghan Note: This is Part 3 in a series of posts on revenue modernization in advance of Thursday’s release of the NC Budget & Tax Center’s 2011 Revenue Modernization Plan. You can read Part 1 and Part 2 here. North Carolina’s state and […]
January 7, 2013
(PDF of the Original Post) Tuesday, May 31, 2011(Updated 3:00 am) The Republican-controlled Senate’s budget takes a double cuts approach to our state’s fiscal woes: It relies on deep cuts in spending to close our $2.4 billion budget shortfall and even deeper cuts to vital state programs due to a nearly $500 million cut in […]
January 7, 2013
(PDF of the Original Post) The Republican-controlled Senate’s budget takes a double cuts approach to our state’s fiscal woes: it relies on deep cuts in spending to close our $2.4 billion budget shortfall. Even deeper cuts to vital state programs were necessitated due to their nearly $500 million cut in personal income taxes. Sen. Bob […]
January 7, 2013
(PDF of the Original Post) Post on June 2, 2011 by Ed McLenaghan When in a hole, the first response should be to stop digging. The tax-cut plan passed Tuesday by the House and included in the Senate budget, however, responds to the $2.4 billion state revenue shortfall by digging the hole even deeper. Although […]
January 7, 2013
(PDF of the Original Post) 08.04.11 – 07:50 pm Let’s take a holiday from the sales tax holiday. That was a daring thing for any politician to say — voters do so love their tax loopholes — but on the lips of a Republican, it was practically radical. Sen. Richard Stevens, R-Wake, was among the […]
January 7, 2013
(PDF of the Original Post) By MICHELLE HIRSCH, The Fiscal Times on Sep 29, 2010 For 27 years, New York deli owner Kenneth Greene has followed this simple rule: Add sales tax to bagels sliced and slathered with cream cheese or other toppings; give topping-free bagels a no-tax free pass. In New York, like many […]
January 7, 2013
(PDF of the Original Post) By Edith Honan and Kristina CookeMINEOLA, New York | Thu Jan 27, 2011 12:52pm EST (Reuters) – At his January 2010 inauguration, Tea Party-backed Republican Edward Mangano marched up to the podium, pen in hand. Even before being officially declared Nassau County Executive, he signed a repeal of an unpopular […]
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