Heartland Newspapers - Fiscal

Pennsylvania School Pension Burdens Reflected in Tax Requests

Frank Gamrat
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June 19, 2013
Pension problems facing Pennsylvania school districts have come home to roost. As we wrote in a recent blog: “Unless there is agreement on pension reform legislation . . .

Detroit Offers Creditors Pennies on the Dollar

Steve Stanek
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June 18, 2013
Less than one month after Detroit emergency manager Kevyn Orr issued a report declaring the city’s finances to be in worse shape than nearly anyone suspected when he assumed the job in March, Detro

Federal Judge Stops Kentucky from Enforcing Anti-Competition Law

Eric Boehm
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June 14, 2013
A Kentucky state law that requires new moving companies to prove to government bureaucrats there is a “need” for their services before they can obtain a license has been blocked by a federal judge.

Iowa Disability Costs Double in Nine Years—Less than National Average

Sheena Dooley
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June 13, 2013
The number of Iowa workers on disability has increased only slightly during the past nine years, while the federal government’s monthly disability payments to state residents have more than doubled

Lower, Flatter, Easier Taxes Proposed in Wisconsin

Mary Petrides Tillotson
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June 13, 2013
Wisconsin business owners will get tax cuts and simplified paperwork if a bill sponsored by state Rep. Dale Kooyenga, R-Brookfield, passes.

Illinois Credit Ratings Sink as Worst-In-Nation Pension Problems Persist

Ben VanMetre
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June 12, 2013
Illinois has an unfunded pension liability of nearly $100 billion—the worst in the nation, according to official government numbers.

Virginia Attorney General Rips IRS ‘Incompetence’ in Asset Forfeiture

Kenric Ward
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June 12, 2013
Virginia Attorney General Ken Cuccinelli has called out the Internal Revenue Service for “incompetence” for being past due in returning $115 million to the state.

NC Aims to Boost Economic Performance With Tax Cuts and Reforms

Logan Pike
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June 11, 2013
North Carolina’s General Assembly is considering two reform plans that would markedly improve the state’s economic competitiveness, according to an analysis by the Tax Foundation.

White House Eyes $5.5 Billion Tax Hike on Airline Industry

Cheryl K. Chumley
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June 11, 2013
The Obama administration is pushing for new taxes on the airline industry that would amount to an estimated hike of $14 per flight.

Study: Unions Warping State Finances for Their Own Gain

Ryan Murphy
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June 10, 2013
Public sector unions use politics to suit their interests, and in doing so they create the incentive for politicians to kick the can down the road.
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