Taxes

Amid a fog of conflicting claims, Alaskans head to the polls Tuesday to decide if the state's old system for taxing oil companies, passed in 2007 after some lawmakers were suspected of bribery, is better than the new system, a tax cut passed last year to try to attract investment from petroleum companies.

Connecticut has launched a video to help Spanish-speaking residents navigate state tax forms.

Gov. Jerry Brown has signed legislation that extends a $420 million state tax credit to aerospace giant Northrop Grumman Corp. after approving a similar deal for its competitor, Lockheed Martin Corp.

Mississippi Power Co. says a key part of its $5.5 billion Kemper County power plant is operational.

Dueling bidders for a major Pentagon stealth bomber contract would be eligible for massive tax credits under a bill that's on Gov. Jerry Brown's desk.

Revel Casino Hotel has announced it will shut its doors on Sept. 10.

Republican Senate hopeful Thom Tillis cut $500 million in funding for North Carolina schools while giving tax breaks to his rich friends, the campaign arm for Senate Democrats said Wednesday, in the first piece of a $9.1 million ad campaign set to stay on the airwaves through November's elections.

During the first month of legal marijuana sales in Washington state, stores sold just under $3.8 million, which is expected to bring in more than $1 million in state taxes.

Wisconsin's sluggish recovery from the Great Recession was reflected Thursday in new figures that show growth in consumer spending has lagged behind neighboring states and the nation as a whole.

Kansas will face a budget shortfall of $238 million by the end of July 2016, the Legislature's nonpartisan research staff said Friday in a new forecast predicting that the gap will emerge a year sooner than it had anticipated.

                The World Bank has lowered its Philippine growth forecast to 6.4 percent this year and 6.7 percent next year but says the country remains one of East Asia's fastest growing economies.

Tribal leaders on an American Indian reservation in North Dakota want to make oil companies pay for burning and wasting natural gas.

Massachusetts tax collections for July totaled nearly $1.6 billion, starting off the new fiscal year modestly ahead of expectations.

Walgreen plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization of the company that would have trimmed the amount of U.S. taxes it pays.

Shares of Walgreen Co. have tumbled on media reports that the drugstore chain will not reincorporate itself overseas — a politically touchy move that could significantly lower its tax bill.

A majority of Americans agree that the cost of good transportation is worthwhile, but they're divided over how to pay for it.

For nearly a century, Missouri has taxed drivers to pay for its roads.

Keeping Alaska's new oil tax structure in place would be a "devastating step backwards" in the state's development, Gov. Sarah Palin said.

The Justice Department is asking a full appeals court to take up a case that endangered subsidies helping millions people afford health care premiums under the president's health care law.

Kansas collected slightly more in taxes than anticipated in July, breaking a streak of big monthly shortfalls that intensified the debate over massive personal income tax cuts engineered by conservative Republican Gov. Sam Brownback.