
June 18, 2013
(Original Post) Published June 09, 2013Associated Press RALEIGH, N.C. – North Carolina is joining a growing number of states exploring new fees for hybrid and electric car owners to help make up for revenue those drivers aren’t paying in gas taxes on their fuel-efficient vehicles. The proposal strikes many owners of alternative-fuel vehicles and some […]
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 […]
May 2, 2013
(Original Post) Posted: Thursday, May 2, 2013 8:13 am J. Andrew Curliss/News & Observer State leaders blamed each other in October 2011 after Continental Tire chose South Carolina for a large new factory that will employ 1,600 workers. The biggest hang-up, according to documents and state officials, was $45 million in taxpayer money the tire […]
May 2, 2013
(Original Post) By Star-Ledger Guest Columniston May 02, 2013 at 7:16 AM By Timothy Karr 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 […]
April 22, 2013
(Original Post) The price of gasoline is constantly on people’s minds. The prices you see on those gas-station signs everywhere you drive are tough enough to swallow, but what you may not know is the extent to which gas taxes contribute to those prices. The federal tax is $0.184 per gallon, and states add their […]
April 22, 2013
By Travis Waldron on Apr 18, 2013 at 5:00 pm New Jersey Gov. Chris Christie (R) is reviving a once-failed income tax plan that will give a 10 percent tax cut to all of the state’s residents but will grant more of its benefits to the wealthiest New Jerseyans. Christie pitched a similar plan in […]
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 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 […]
February 28, 2013
(Original Post) Posted Thursday, February 28, 2013 in Opinions by Chris Lewis Forbes Magazine’s annual list of “America’s Most Miserable Cities” is out, measuring the (lack of) wellbeing in America’s 200 largest metro areas. The Forbes list is a close cousin to quality-of-life research—a growing, interdisciplinary body of economic inquiry that recognizes human happiness is […]
February 28, 2013
(Original Post) Sen. Minority Leader Richard Saslaw has spearheaded the opposition this winter to Gov. Bob McDonnell’s plan to raise transportation revenues by abolishing the state gas tax and replacing it with a sales tax increase. Saslaw, D-Fairfax, says the only way to raise ample money for roads is to increase both the sales and […]
February 25, 2013
(Original Post) By BRUCE BARTLETT, The Fiscal TimesFebruary 22, 2013 State taxes are once again making headlines. When California recently raised its top income tax rate to 13.3 percent, pro golfer Phil Mickelson threatened to leave the state for the no-income tax world of sunny Florida. Republicans in several states are pushing to abolish their […]
February 21, 2013
(Original Post) By Star-Ledger Editorial Boardon February 15, 2013 at 6:30 AM, updated February 15, 2013 at 10:58 AM New Jersey Gov. Chris Christie (left) with then-Ohio gubernatorial candidate John Kasich as they sit at a lunch counter during a live webcast Q&A session at a campaign stop for Kasich outside Cincinnati. Andrew Mills/The Star-Ledger […]
February 15, 2013
(Original Post) By JAMES B. STEWARTPublished: February 15, 2013 Last month, Vladimir V. Putin hugged his newly minted fellow Russian citizen, the actor Gerard Depardieu, posing for cameras at the Black Sea port of Sochi. “I adore your country,” Mr. Depardieu gushed — especially its 13 percent flat tax on personal income. Sochi may not […]
February 1, 2013
(Original Post) February 1, 2013 5:33 AM By Kim Glovas PHILADELPHIA (CBS) – A new study on taxes shows Pennsylvania has the distinction of being in the “Terrible Ten”, the ten worst states in terms of tax equity. The study by the Institute on Taxation and Economic Policy says Pennsylvania families earning less than $19,000 […]
January 31, 2013
(Original Post) When everybody comes out to vote, (i.e. presidential elections) Pennsylvania’s a blue state. And at least in certain pockets, it behaves much like the northeastern liberal states the surround it, like New Jersey, Maryland, and New York. When it comes to taxation, however, it looks a lot more like Texas or Alabama. According […]
January 30, 2013
(Original Post) Posted today at 11:21 a.m.By Whet Moser One of the ongoing complaints about Illinois’s tax system—besides general complaints about it being too high for everything—is its prairie flatness, which is unusual among states. One complaint is that it hits low-income taxpayers hardest (Naomi Jakobsson, D-Urbana, has proposed a graduated tax); the other is […]
January 30, 2013
(Original Post) January 30, 2013 STATE – New Jersey’s poorest families spend a greater percentage of their income on taxes than the state’s wealthiest, according to a report released this week by the Institute on Taxation & Economic Policy in Washington. According to the study, “virtually every state’s tax system is fundamentally unfair, taking a […]
January 30, 2013
(Original Post) By Ryan Hutchins/The Star-Ledgeron January 30, 2013 at 6:35 AM, updated January 30, 2013 at 6:38 AM TRENTON — New Jersey’s poorest families pay more than 11 percent of their income toward state and local taxes, while the tax bite for the richest is about 7 percent, a study released Tuesday has found. […]
January 15, 2013
In the wake of restructuring proposals made by Governor Corzine, the gasoline tax is starting to be talked about as part of a solution to New Jersey’s financial crisis. This is a welcome development. For too long, New Jersey has shied away from greater use of gas taxes and other driving-related fees, to the detriment […]
January 15, 2013
The Fiscal Year 2009 budget proposed by Gov. Jon Corzine increases spending on tax breaks for businesses—tax breaks of questionable value, as some recent developments highlight— while investments in more tried and true economic development tools suffer. More than ever, it is clear that New Jersey needs to spend state dollars in ways that invest […]
January 15, 2013
In this atmosphere of emergency, some of the legislation is moving with less deliberation than might be expected of tax changes that, when fully implemented, would likely cost the state at least $400 million a year in lost revenue. That is in addition to declines in state sales and personal income tax revenue that New […]
January 14, 2013
Most people probably would agree that we need taxes at some level to pay for the things we want government to do. We could disagree on what to tax, how much and who—not to mention how best to use the money raised through taxes. But there is enough common ground for a reasoned discussion of […]
January 8, 2013
(PDF of Original Post) NEAL PEIRCE © WASHINGTON POST WRITERS GROUPPublished: September 20, 2009 WASHINGTON In a dramatic break from tax trends of recent decades, eight states have voted this year to push up the percentages of income that their wealthiest citizens must pay. Connecticut is the latest to take this step, following Delaware, Hawaii, […]
January 7, 2013
(PDF of Original Post) July 16, 2009 BY BRIAN MILLER One hundred years ago, on July 17, 1909, Sen. William E. Borah, R-Idaho wrote the words, “The income tax is the fairest and most equitable of the taxes. It is the one tax which approaches us in the hour of prosperity and departs in the […]
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 […]