Source: Newark Star-Ledger | New Jersey |
January 29, 2013
New Jersey Gov. Chris Christie said the Democrats’ bill, which would have raised the minimum wage from $7.25 to $8.50 and tied future increases to the rate of inflation, would have hurt the state’s economy.
According to an audit report, the agencies failed to properly administer two state film incentive programs or provide adequate evidence that Tennessee was getting the most bang for its buck.
Source: New York Times | Nation |
January 25, 2013
Republican governors are moving aggressively to cut personal and corporate income taxes, including proposals that would increase reliance on state sales taxes, setting up ambitious experiments in tax reform that could shape what is possible on a national level.
Source: Kansas City Star | Kansas |
January 24, 2013
The governor wants to wipe away the income deduction claimed by Kansans for property taxes they pay on their homes. Nixing that deduction would raise revenue, at least partially offsetting the lower state income tax rates Brownback wants to adopt.
Source: Raleigh News & Observer | North Carolina |
January 24, 2013
Gov. Pat McCrory’s budget director distanced the Republican chief executive from a proposal to eliminate income taxes in North Carolina and expressed his own “great concerns” with the concept being floated by leading GOP lawmakers.
Source: Atlanta Journal-Constitution | Georgia |
January 23, 2013
Georgia shoppers at Amazon.com still aren’t paying sales tax, three weeks after the start of a state law designed to snag the money from the world’s biggest online retailer.
Experts say that 2013 will be a minefield of uncertainty for investors as the tax debate in Congress and financial volatility at home raise questions about muni market stability.
Lawmakers are starting to wonder whether the tax breaks for seniors have become so generous that they threaten the sustainability of state revenue streams.
Source: Boston Globe | Massachusetts |
January 17, 2013
Shrugging off the fiscal caution of recent years, Governor Deval Patrick proposed a $1.9 billion tax increase in his State of the Commonwealth address, saying it was necessary for the state to invest more in education and the state’s transportation network to “accelerate growth and expand opportunity.”
Is your state ready for Marketplace open enrollment in October 2013?
In a few short months, millions of uninsured Americans will qualify for affordable healthcare coverage either through Medicaid, CHIP or tax subsidies.