Supreme Court Strikes Down Maryland Law That Double-Taxes Income Earned in Other States
The Supreme Court on Monday struck down as unconstitutional a Maryland tax that has the effect of double-taxing income residents earn in other states.
INSIDE WASHINGTON: Insurers pass health law tax along to states, could cost $13B by 2023
A tax on health insurers is helping pay for President Barack Obama's health care overhaul.
Forecast: Michigan tax revenues up $365 million as Snyder, lawmakers push toward budget deal
Michigan tax revenues are projected to be $365 million higher over two years than previously estimated, mostly because of economic growth — prompting key lawmakers to suggest Friday that much or all of the surplus money go toward fixing bumpy roads.
Brewing state budget deal spares health program, ups school spending while deferring tax cuts
Minnesota's legislative leaders announced late Friday that they were closing in on a sweeping deal for a new two-year budget that pumps more than $400 million into public schools and preserves a health care program for the working poor, but likely leaves a transportation funding plan and a package of tax cuts until next year.
Gov. Malloy beginning Connecticut budget talks with Democrats, Republicans hold own hearing
With several weeks remaining in this year's legislative session, there are still three competing state budget proposals up for debate.
Study: Tax breaks for Camden could cost New Jersey if businesses don't stay for decades
The tax credits the state is using to attract businesses to Camden could end up costing more than they bring in even if the companies fulfill their minimum obligations, an advocacy group warned.
NY Senate leader's arrest throws Senate, session into disarray; 2nd leader charged this year
For the second time this year, criminal charges against a top New York lawmaker have thrown one of America's most powerful state capitals into turmoil.
Legislature hits home stretch with taxes, school districts and other issues unresolved
Vermont lawmakers head into what are expected to be the final two weeks of their 2015 session with debates still unresolved on taxes, water quality, education, vaccines and other issues.
Film students, professors urge state lawmakers to keep tax credit for moviemaking
Film students and professors from more than a dozen colleges and universities in Massachusetts came to the Statehouse Monday to urge lawmakers to keep the state's film tax credit, saying helps boost their job prospects.
Wolf's tax plan will tap money from all income levels, independent analysis says
Gov. Tom Wolf's sprawling package of tax changes he is seeking may not necessarily spare lower-income households, as his administration contends, the Legislature's fiscal analysis arm said this week.
North Dakota approves new oil tax framework: Bill lowers taxes, abolishes price triggers
With oil prices sinking enough that drillers may soon see a more favorable tax rate, North Dakota lawmakers approved a new framework Friday that cuts the price-triggered exemption in exchange for a lower tax rate.
Indiana lawmakers facing decisions over budget cuts, casino changes in session's final week
Indiana lawmakers were grappling Wednesday over where to make cuts in the new state budget with little more than a week remaining in the legislative session while also debating what steps should be taken to help struggling casinos.
Health insurer's objections stall $80M piece of Brownback's plan for balancing Kansas budget
An $80 million piece of Republican Gov. Sam Brownback's plan for balancing Kansas' next budget is in trouble because a major health insurance company opposes it, and a GOP lawmaker said Wednesday the measure probably should be dropped.
Hello? 8M phone calls unanswered as IRS cut taxpayer service
The IRS' overloaded phone system hung up on more than 8 million taxpayers this filing season as the agency cut millions of dollars from taxpayer services.
Republican leaders sign onto LePage income tax constitutional amendment; Democrats decline
Republican leaders in the House and Senate are backing Gov. Paul LePage's effort to amend the constitution to abolish the income tax.
Nebraska senators advance package of alcohol bills to benefit craft breweries, hard ciders
Craft breweries, cider drinkers and beer aficionados could benefit from alcohol legislation that cleared first-round debate Tuesday in the Nebraska Legislature.
Ohio House panel to make final changes as decision time nears on $71.5 billion, 2-year budget
Proposals to kill Ohio's tax on commercial activity, fund absentee-ballot mailings and allow counties to privatize jails are among dozens of revisions that a legislative panel considered Monday as it prepared to put finishing touches on the two-year, $71.5 billion state operating budget.
North Dakota House endorses rewrite of oil taxes; petroleum industry wants flat tax
The North Dakota House endorsed a bill Monday that will cut an exemption for oil companies if crude prices continue to slide, in exchange for a lower and permanent flat tax rate.
As payments from casinos trickle in, cities and towns finding ways to spend the money
Massachusetts cities and towns already are seeing gambling windfalls even before the first casino has opened its doors.
IRS says Texas businessman and late brother owe more than $3 billion in back taxes, penalties
The IRS wants $3.2 billion to cover back taxes that it says are owed by a prominent Texas businessman and his late brother who the IRS says hid income by setting up overseas trust funds.