State and Local Taxes

 Minnesota to unveil state tax overhaul on Tuesday

January 22, 2013 

Minnesota to unveil state tax overhaul on Tuesday

Minnesota Revenue Commissioner Myron Frans and his boss, Gov. Mark Dayton will unveil their plan for overhauling the state’s tax system on Tuesday, Jan. 22. It is expected to include tax increases to help eliminate the $1.1 billion shortfall and add funds to education and other programs the governor deems essential. While Frans wouldn’t reveal...…

jerrybrown1

January 10, 2013 

California reports budget surplus

After more than a decade of financial strife, teacher cutbacks, employees paid with IOUs and the recall of one governor, California Governor Jerry Brown unveiled the state's latest finances. The surprise for many: A budget surplus of about $851 million.

Isaac M. O'Bannon

 Virginia proposal complicates Maryland’s gas tax debate

January 10, 2013 

Virginia proposal complicates Maryland’s gas tax debate

The governor of Virginia has thrown a new wrinkle into a Maryland debate by calling for abolition of the commonwealth’s gas tax and increasing the sales tax to pay for roads and transit, a move that would alter the competitive balance between the two states. This week’s proposal by Gov. Bob McDonnell, a Republican, is...…