Lawmaker suggests lifting cap on New Mexico's film production tax incentives
A state legislator says New Mexico should consider lifting a cap on film production tax incentives.
Bill authorizing $1B expansion of Boston convention center sent to Gov. Deval Patrick's desk
State lawmakers sent to Democratic Gov. Deval Patrick's desk on Wednesday a bill authorizing a $1 billion expansion of the Boston Convention and Exhibition Center.
NC tax breaks approved for 250 IT jobs in Charlotte, 155 jobs at zipper-maker in Oxford
An information technology consulting company plans to create 250 jobs in Charlotte within five years as it hopes to serve the city's big banks.
Michigan approves 9 projects expected to add 3,900 jobs, bring $1 billion in investments
Michigan on Tuesday approved state incentives for nine economic development projects expected to bring about 3,900 jobs, nearly half from General Motors consolidating engineering jobs from outside the state at a site in Michigan.
Excerpts from conflicting federal appeals court rulings on Obama health care law
Two federal appeals courts issued conflicting rulings Tuesday in a dispute involving crucial financing for President Barack Obama's health care law.
Indiana touts $2 billion in cash reserves while advocates decry persistent austerity
State leaders have been touting Indiana's sizable cash reserves for years now, dubbing the state the "fiscal envy" of the nation, but on the other side of that equation, deep spending cuts have spurred frustration among educators, adoptive parents and others.
Project manager says decision on oil taxes could impact gas line effort; senator disagrees
The decision Alaska voters make on an oil-tax referendum next month could have implications for a proposed liquefied natural gas project, the senior project manager said Tuesday, a point deemed a scare tactic by one state lawmaker.
GOP-led House votes to slash IRS tax enforcement budget by $1.2 billion, a 25 percent cut
The GOP-controlled House has voted to slash the budget for the Internal Revenue Service's tax enforcement division by $1.2 billion, a 25 percent cut that would mean fewer audits of taxpayers and make it more likely that people who cheat on their taxes will get away with it.
Owners of Trump Plaza casino in Atlantic City say they expect to shut it down in mid-September
The owners of the Trump Plaza casino in Atlantic City say they expect to shut it down in mid-September.
Ohio casino tax revenue for past year falls short of predictions; racino competition blamed
Ohio's casino tax revenue over the past year fell short of what state officials had predicted.
New Jersey approves $260M in tax credits for company that wants to do manufacturing in Camden
New Jersey officials on Thursday approved tax incentives worth $260 million over 10 years for a company to bring 395 jobs — many of them in manufacturing — to Camden, a city in dire need of employment options.
Kentucky ends 2014 fiscal year with $90 million shortfall; income tax collections remain flat
Kentuckians are buying more stuff, they just aren't paying as much in taxes.
Gov. Jerry Brown signs aerospace tax bill that also includes language to benefit Tesla plant
Gov. Jerry Brown announced Thursday that he signed legislation creating a $420 million tax credit for aerospace contractor Lockheed Martin in a bill that also includes other tax incentives apparently designed to benefit California-based electric car maker Tesla Motors Inc.
Corbett signs budget, vetoes millions in legislative funding, urges action on public pensions
Gov. Tom Corbett signed the state budget 10 days late on Thursday and used his line-item veto to strike $65 million from the General Assembly's own appropriation, urging a renewed effort to curb public-sector pension benefits for newly hired teachers and state workers Corbett, a Republican, said he wanted to avoid any more school districts raising property taxes to cover their pension obligations, and criticized the GOP-controlled Legislature for refusing to contribute any of its approximately $150 million surplus to help state government close a massive deficit.
Legal pot shop expected to draw more Portlanders to 'The Couv,' across border in Washington
Legal pot means Portlandia is going to get to know "The Couv" a little better.
Illinois sends promised program funding to schools on schedule for first time since 2007
Illinois schools have received promised grant payments from the state on time for the first time since 2007 — but in another sign of the state's precarious financial situation, a top education official has warned schools not to expect the pleasant surprise to become a permanent habit.
Fmr. Tyco CEO Kozlowski Talks About His Next Chapter
FOXBusiness.com caught up with Former Tyco CEO Dennis Kozlowski who, after 6+ years in prison, is back at work and ready to help fellow inmates get back on their feet.
Haven't Paid Your Taxes? You May Need to Cancel Your Travel Plans
The government may have a new way to stop people from running from tax debt: taking their passports.
Sen. Cruz: My Flat Tax Plan Would Abolish the IRS
Republican presidential candidate Ted Cruz breaks down his flat tax plan.
IRS says thieves used agency website to steal tax info from additional 220,000 taxpayers
A computer breach at the IRS in which thieves stole tax information from thousands of taxpayers is much bigger than the agency originally disclosed.


