budget-tax-news
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Pennsylvanians Approve Property Tax Reform
Opinion -budget-tax-news -Pennsylvania voters approved a ballot question amending the state’s constitution to allow the General Assembly to give local taxing agencies the power to grant full property tax exemptions. -
Philadelphia Sugar-Sweetened Tax Sours Business Leaders
Opinion -budget-tax-news -As the first anniversary of Philadelphia’s excise tax on sugar-sweetened beverages draws near, business leaders are criticizing the surcharge. -
Manufacturing Jobs Dry Up in Southern Illinois
Opinion -budget-tax-news -Honeywell International Inc., a U.S. producer of consumer and commercial goods, announced it will indefinitely close the Honeywell Uranium Hexafluoride Processing Facility in Metropolis, Illinois in the first quarter of 2018. -
Interview: Preparing for a Balanced Budget Amendment Convention
Opinion -budget-tax-news -Neal Schuerer is executive director of Campaign Constitution, a nonprofit organization working with state elected officials and policy leaders to advance state-initiated constitutional reform. Schuerer previously served two terms in the Iowa state Senate. -
House Committee Approves Bill to Prohibit ‘Choke Point’ Operations
Opinion -budget-tax-news -The U.S. House of Representatives Financial Services Committee approved a bill to prevent government agencies from using regulatory actions to force out business owners working in disfavored industries such as adult entertainment and firearm sales. -
Killeen, Texas City Council Approves Taxicab Regulation Reforms
Opinion -budget-tax-news -On November 14, 2017, The Killeen, Texas City Council voted to reduce taxicab regulations in the city to match those imposed on Uber and Lyft drivers across the state. -
Friendly Tax Climate Gives Florida Lawmakers Reason to Celebrate
Opinion -budget-tax-news -In addition to ringing in 2018 in January, Florida state lawmakers can celebrate their state’s high ranking in the 2018 edition of the Tax Foundation’s State Business Tax Climate Index report. -
Occupational Licensing Laws Continue Rapid Growth, Study Finds
Opinion -budget-tax-news -The explosive growth of occupational licensing has continued in all 50 states, a new study reports. -
Defund Asset Forfeiture Program, Senators Say
Opinion -budget-tax-news -A group of U.S. Senators is calling on Senate Rules and Administration Committee Chairman Richard Shelby (R-AL) to deny funding for Attorney General Jeff Sessions’ expansion of the federal government’s civil asset forfeiture program. -
Support Grows for Sugar Policy Reform
Opinion -budget-tax-news -A bill in the U.S. House of Representatives to reform federal sugar price supports is gaining support. -
Oklahoma Legislator Plans Reboot for Bill Ending Film Tax Credit
Opinion -budget-tax-news -After a proposed bill that would have canceled the Oklahoma Film Enhancement Rebate Program stalled during the state Legislature’s 2017 special session, state Rep. Kevin Calvey (R-Oklahoma City) says he will try again in 2018. -
Nashville Metro Council Approves Soccer Stadium Subsidy
Opinion -budget-tax-news -Nashville, Tennessee residents may pay for a new, privately owned soccer stadium after the city’s Metropolitan Council approved a big subsidy for a facility expected to cost $275 million. -
Supreme Court Hears Cell Phone E-Tracking Case
Opinion -budget-tax-news -Whether the Fourth Amendment permits law enforcement agencies to seize historical cell-site location information (CSLI) from mobile phone companies without first obtaining a warrant from a judge will be determined by the U.S. Supreme Court. -
Wisconsin Legislature Approves Amendment Convention Resolution
Opinion -budget-tax-news -The Wisconsin State Legislature approved a joint resolution calling on Congress to convene a convention to draft a constitutional amendment requiring a balanced federal budget. -
Both Houses of Congress Approve Tax Cuts and Jobs Act
Opinion -budget-tax-news -With both chambers of Congress having approved H.R. 1, also known as the Tax Cuts and Jobs Act, a congressional conference committee will reconcile differences between the bill’s two versions. -
Hillary Clinton Warns Against State-Led Amendment Convention Push
Opinion -budget-tax-news -As state legislators prepared for the 2018 legislative session, including 72 lawmakers from 19 states who attended the Balanced Budget Amendment (BBA) Planning Convention, former Democratic Party presidential candidate Hillary Clinton slammed the movement -
Budget Reconciliation Sets Stage for Tax Reform
Opinion -budget-tax-news -The U.S. House of Representatives approved a resolution affirming the U.S. Senate’s budget resolution setting federal government spending recommendations for Fiscal Year 2018, allowing Congress to use a legislative procedure known as reconciliation. -
Colorado Judge Pulls Plug on Netflix Tax Lawsuit
Opinion -budget-tax-news -Lawyers representing Netflix sued the City of Loveland, Colorado, alleging the government was violating state and federal laws by taxing streaming services. A Colorado state judge pulled the plug on the lawsuit just a few days later, after the city withdr -
Kentucky Government Employees Protest Pension Reform Proposal
Opinion -budget-tax-news -An organization claiming to represent more than 10,000 current and former Kentucky government employees protested against Gov. Matt Bevin’s pension reform plan on November 1. -
Federal Death Tax Is on House Hit List
Opinion -budget-tax-news -Speaker of the House Paul Ryan (R-WI), Rep. Kevin Brady (R-TX), and other members of Congress announced the planned phase-out of the federal death tax in the proposed Tax Cuts and Jobs Act. -
NAFTA Renegotiation Talks Enter Fifth Round
Opinion -budget-tax-news -Representatives from the United States, Canada, and Mexico will meet again in November to continue renegotiating the North American Free Trade Agreement (NAFTA), a trilateral trade bloc created in 1994. -
Congress Begins Debate on Tax Cuts and Jobs Act
Opinion -budget-tax-news -Congressional Republicans unveiled the Tax Cuts and Jobs Act, a bill proposing to reduce the number of personal income tax brackets from seven to four, cut taxes by about $1.51 trillion over the next ten years, and make other changes to federal taxes. -
Daily Fantasy Sports Bill Introduced in Florida
Opinion -budget-tax-news -The Florida Senate Regulated Industries Committee is considering a bill to redefine daily fantasy sports (DFS) competitions as games of skill, thus exempting such competitions from the state’s gambling laws. -
IRS Targeted Political Groups, But DOJ Declines to File Criminal Charges
Opinion -budget-tax-news -An October report by the U.S. Treasury Inspector General for Tax Administration (TIGTA) concludes the Internal Revenue Service (IRS) improperly targeted political groups.
