
April 9, 2014
(Original Post) Written by Alisa Roth & LOTL Staff on Tuesday, April 8th, 2014 Clara Orozco got her first job, waiting tables, three days after she arrived in New York from Mexico. Since then, she’s worked as a cashier at McDonald’s, painted nails, and cleaned houses. And every year, whether she’s been paid by cash […]
April 7, 2014
(Original Post) As Congress Only Takes Short-Term Steps, Governors Seek More Funds for Roads By JOSH MITCHELL Updated April 4, 2014 7:32 p.m. ET GEORGETOWN, Del.—States and cities desperate to build and repair roads and other infrastructure—but frustrated by inertia in Congress—are raising their own levies and turning to private companies for funding. Six states […]
March 24, 2014
(Original Post) MARCH 21, 2014, 4:53 PM LAST UPDATED: FRIDAY, MARCH 21, 2014, 4:53 PM BY CARL DAVIS THE RECORD Carl Davis is senior policy analyst at the Institute on Taxation and Economic Policy, a non-profit, non-partisan research organization that works on federal, state and local tax policy issues. IF YOU WERE to ask five […]
March 21, 2014
(Original Post) WASHINGTON, D.C. (MARCH 21, 2014) BY MICHAEL COHN Some of the largest and most profitable Fortune 500 companies are paying little or nothing in state income taxes, according to a new study. The study, by the advocacy groups Citizens for Tax Justice and the Institute on Taxation and Economic Policy, examined 269 Fortune […]
March 20, 2014
(Original Post) March 17, 2014, 09:00 am By Rep. Matt Cartwright (D-Pa.) This month I, along with 34.5 million Americans of Irish descent, celebrate St. Patrick’s Day. It was Irish immigrant Annie Moore who was the first to pass through Ellis Island when it officially opened on New Year’s Day 1892. Today, Irish is the […]
March 11, 2014 • By Jenice Robinson
Far too often, lawmakers use tax cuts to score political points and throw around phrases such as “more effective government” to gloss over the lasting, negative effects of starving public investments. In the case of Kansas, public schools are paying the price. The state Supreme Court ruled last Friday that the state Legislature hasn’t allocated […]
March 10, 2014
(Original Post) Posted: 03/08/2014 10:20 am EST Updated: 03/08/2014 10:59 am EST Texas Gov. Rick Perry (R) was the standout star at the Conservative Political Action Conference this year, in no small part because of his impassioned plea for Americans to recognize that the fate of the U.S. comes down to a battle of visions […]
March 10, 2014
(Original Post) By Gabriela Esquivada For The Herald in US The United States is often referred to as the “land of opportunity.” But an increasing number of US citizens are feeling the pinch, struggling to makes ends meet as inequality in the country rises. From New York, Gabriela Esquivada looks at how the richest nation […]
March 10, 2014
(Original Post) By Douglas Turner | News Washington Columnist on March 10, 2014 – 6:17 AM WASHINGTON – Sophisticates speaking for the real power here have already blown off President Obama’s 2015 budget. The group includes almost the entire Congress and sadly, the corps of journalists, some who are world weary, but include all who […]
February 18, 2014
(Original Post) The Huffington Post | by Jillian Berman Posted: 02/17/2014 3:07 pm EST Updated: 02/17/2014 3:59 pm EST Raising taxes on the rich would “play a major role” in reducing income inequality, according to Larry Summers. Capping the earnings of the likes of Mark Zuckerberg or Bill Gates would do little to actually boost […]
January 9, 2014
(Original Post) Thursday, January 09, 2014 Zeke Wright, GoLocalWorcester Contibutor While Massachusetts contributes a high percentage of transportation-related revenue toward roads, a new report show that road-related taxes and fees can’t keep pace with cost of upkeep in the Commonwealth. According to the data compiled by the Tax Foundation, tolls and user fees, fuel taxes, […]
December 30, 2013
(Original Post) Without congressional action to extend state and federal tax deductions, 11 million taxpayers will lose $17 billion. By Jo Erickson | December 26, 2013 As the year ends nine federal tax provisions will expire, causing some to pay more in state and local sales taxes. Most critics agree that state and federal taxes […]
December 30, 2013
(Original Post) By Kavitha A. Davidson Dec 27, 2013 4:38 PM ET What does Governor Dannel Malloy really get from keeping ESPN in Connecticut? It turns out professional teams and leagues aren’t the only billion-dollar sports entities getting big breaks on their tax bills. The New York Times reports that ESPN, the self-proclaimed “worldwide leader […]
December 12, 2013
12:06 am December 12th, 2013 by Tyler Mangrum – The Capitol Hill Times – Following the slim victory of a SeaTac measure raising the minimum wage to $15 per hour, the labor organizations that helped push forward the initiative took aim at northern King County and the City of Seattle in a march from SeaTac […]
December 12, 2013
(http://artvoice.com/issues/v12n50/news_analysis) by Bruce Fisher The gift economy of New York State In this glorious season of new-fallen snow, warm hearths, and extra hugs, one recalls times past though today’s insanities keep us busy. In our house, away from new reports about public handouts to very rich people, we escape into traditions, and replenish them, too. […]
December 11, 2013
(Original Post) By Judy Martel Published December 10, 2013 Bankrate.com As Americans continue to climb out of the worst economic downturn since the Great Depression, many experts are taking note of a widening gap between the “haves” and the “have-nots.” Federal income data over the past 20 years show a growing divide in income among […]
December 2, 2013
(Original Post) Raul Reyes, USATODAY 7:12 p.m. EST November 26, 2013 If he signs bill, undocumented high school grads would be able to pay in-state tuition. New Jersey Gov. Chris Christie is a lawmaker who plays by his own rules. The iconoclastic Republican was not afraid to buck his party by standing with Democratic President […]
November 21, 2013
The New York State Tax Reform and Fairness Commission conducted a comprehensive and objective review of the State’s taxation policy, considering ways to eliminate tax loopholes, promote administrative efficiency and enhance tax collection and enforcement. Read the Full Report
November 18, 2013
(Original Post) Posted: 11/15/2013 3:56 pm EST | Updated: 11/17/2013 5:40 pm EST Jillian Berman Earlier this week, the legislature in Washington state agreed to give Boeing $8.7 billion in tax breaks through 2040 in an attempt to convince the company to locate production of a new jetliner fleet in the state. It’s believed to […]
November 12, 2013 • By Carl Davis
DC's tax system is markedly regressive. This is driven largely by the regressive impact of the city's sales, excise, and property taxes. The personal income tax is the only effective tool that DC has available for offsetting this regressivity. In the comments below I discuss four options for fine-tuning DC's income tax to lessen its impact on moderate- and middle-income taxpayers. I also describe four options for funding those tax cuts with policies that would increase upper-income taxpayers' effective tax rates to be more in line with those paid by their less affluent neighbors.
October 25, 2013
(Original Post) By THE EDITORIAL BOARD Published: October 24, 2013 New York State is home to five casinos run by Indian tribes and nine casinos that are called “racinos” because they are large slot machine parlors near racetracks. Gov. Andrew Cuomo and the Legislature now want to expand gambling by putting a constitutional amendment on […]
October 15, 2013
(Original Post) Charley Blaine, 24/7 Wall St. 11 a.m. EDT October 12, 2013 Taxes are necessary for a functioning government, but according to one group, many states are crippling regional business growth with tax structures that are too expensive or complex. The Tax Foundation’s 2014 State Business Tax Climate Index graded all 50 states based […]
October 15, 2013
By RACHAEL BADE | 10/14/13 11:03 PM EDT Four decades ago at the Washington Hotel, a quirky economist made a pitch on the back of a napkin to Ford administration officials Dick Cheney and Donald Rumsfeld: Cutting taxes would create an economic boom. Back then, many Republicans opposed tax cuts, but that famous “Laffer […]
September 30, 2013
(Original Post) It’s not black and white, but understanding the pros and cons increases your chances of coming to the right answer for a particular project. BY: KATHERINE BARRETT & RICHARD GREENE | OCTOBER 2013 There are many issues in government management where things aren’t black and white, where gray is the color of the […]
September 24, 2013
(Original Post) BETH BRAVERMAN The Fiscal Times September 23, 2013 Washington State may have one of the lowest overall tax burdens in the country, but its poorest citizens pay more than residents of any other state. The poorest 20 percent of Washington residents pay 16.9 percent of their income in taxes, while the top 1 […]