Source: AP/Idaho Statesman | Idaho |
January 8, 2013
Gov. C.L. "Butch" Otter proposed eliminating Idaho's personal property tax, a move that would cost $141 million in tax revenue but provide a boost to business leaders who say the tax is a drag on the economy.
A coalition of gay marriage advocates plans to release a letter this week signed by top Illinois executives and companies endorsing same-sex marriage as an economic imperative, giving a powerful push to a bill that state lawmakers could take up as early as Thursday.
The state's first recreational pot den where customers could buy coffee, T-shirts and other items and then go to a private building next door where they could smoke free samples of marijuana, has already closed its doors, after a dispute with its landlord.
Several states have experimented in recent years with the idea of turning their economic development agencies over to semi-private management. Many of these organizations are struggling to balance job creation with public accountability.
A coalition representing state and local governments is urging the president and the Speaker of the House to keep the federal government income tax exclusion for municipal bond interest as leaders negotiate an alternative to the upcoming fiscal cliff cuts and tax hikes schedule to kick in next month.
Gov. John Kitzhaber told Oregon legislators he was calling them in for a special session for a bill that would allow the state to lock in the way corporate taxes are calculated for Nike and other big businesses reset the agenda.
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