May 20, 2013
New Minnesota tax law would increase revenue by $2.1 billion
The Minnesota House has passed a tax bill that could raise revenue $2.1 billion by boosting taxes on high-wage earners, smokers and corporations.
May 17, 2013
Massachusetts reports employment downturn in April
Higher payroll taxes and federal sequestration spending cuts are keeping the Bay State stuck in a "soft patch" of economic growth that could last until the end of the year unless federal fiscal policy changes are put into immediate action, experts said yesterday, as new numbers show the state losing jobs.
May 14, 2013
Bipartisan tax overhaul proposal being reviewed in Maine
Lawmakers on Friday were presented with a dramatic tax reform proposal co-sponsored by bipartisan group of legislators.
May 14, 2013
Missouri lawmakers send income tax cut proposal to governor
Whether Missouri individuals and businesses get the first state income tax cut in 90 years is up to Gov. Jay Nixon.
May 13, 2013
Washington reports state sales taxes return to pre-recession levels
Taxes collected from all retail sales grew by 5 percent in Washington state last year, the biggest jump from one year to the next since the recession began in 2008.
May 13, 2013
North Carolina gets closer to repealing estate tax
North Carolina's "death tax" has one foot in the grave after a Wilson lawmaker's bill passed the state House on Wednesday.
May 9, 2013
State to spend $15 million for cybersecurity
South Carolina needs to spend nearly $15 million next year to bolster cybersecurity in the wake of the largest hacking at a U.S. state agency, a consultant told state leaders Wednesday.
May 8, 2013
Virginia governor candidate proposes $1.4 B in tax cuts
Under Cuccinelli's proposal, the income tax rate would drop from 5.75 percent to 5 percent over four years starting in 2014, and the corporate income tax rate would drop from 6 percent to 4 percent.
May 7, 2013
Healthcare law spurs state college to offer more faculty insurance coverage
The oldest public, state-run university in Oklahoma has made a determination on how to respond to the work-hour requirements of the Affordable Care Act, aka ObamaCare.
May 6, 2013
With shrinking funding, many state agencies going unaudited
Out of Mississippi's 120 state agencies, boards and commissions, dozens have gone years without a comprehensive state audit, including the Mississippi Department of Marine Resources, which went a decade without a full state review.
May 2, 2013
$520M Shortfall for Pennsylvania Budget
An estimate released Wednesday by the state's Independent Fiscal Office shows a $520 million shortfall between projected general fund revenues and Gov. Tom Corbett's proposed budget through the end of the next fiscal year.
April 25, 2013
Are some California residents leaving state over high taxes?
Why retirees are the most likely residents to flee high state taxes...