The AP’s Sean Murphy reports that Oklahoma Republicans want to abolish their state income tax: A year after Republicans swept into office across the country, many have trained their sights on what has long been a fiscal conservative’s dream: the steep reduction or even outright elimination of state income taxes. The idea has circulated among academics [...]
Tags: State Taxes
Don’t tell the propagandists of the pro-tax, pro-union, pro-big government crowd this but the red states (you know, the ones with all of those toothless conservative rednecks in them), and their low tax, pro-business policies regularly out-perform the blue states and their high tax, pro-union policies. John Hinderaker of PowerLine has the story (emphasis added): Today, we have [...]
Tags: News · State Taxes · The Economy
Joseph Henchman of Tax Policy Blog reports in Colorado Voters Reject Income and Sales Tax Increase: Colorado voters yesterday rejected Proposition 103, which would have raised $2.9 billion between 2012 and 2016 by raising the state income tax from 4.63% to 5% and the state sales tax from 2.9% to 3% for five years. 36.3% voted [...]
Tags: State Taxes
Several months ago vice squads in West Palm Beach, Florida began the practice of giving local beat reporters the names and mugshots of men who had been arrested for allegedly soliciting prostitutes. I believed then, and still do, that in a country that declares a man to be innocent until proven guilty, the practice is illegal.¹ The reporters, of course, maintain that they have [...]
Tags: Legislative Watch · News · Opinion · State Taxes · Taxpayer Rights
The Center On Budget and Policy Priorities (CBPP) has, once again, contorted itself to make the case for increased taxes. In a report titled Tax Flight is a Myth the CBPP claims that, Attacks on sorely-needed increases in state tax revenues often include the unproven claim that tax hikes will drive large numbers of households —particularly the most affluent [...]
Tags: News · Opinion · Politics of Taxes · State Taxes · Tax Policy · The Economy
We’ve reported here that many states are trying to use their long arms to tax previously untaxable out of state Internet sales. Joseph Henchman of Tax Policy Blog reports that the House of Representatives is trying to prevent that: The House Judiciary Committee today approved the Business Activity Tax Simplification Act (BATSA) on a bipartisan [...]
Tags: Legislative Watch · State Taxes
“Today, Ohio has the 7th highest state and local combined tax burden in the nation with taxes consuming 10.4 percent of the state’s income.” – Scott Hodge, Tax Policy Blog – Jim Fedako of the Mises Institute writes about what he calls the Exploitation Theory in Reverse: According to the Buckeye Institute, the highest paid Ohio Turnpike [...]
Tags: State Taxes
