Opinion
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Arizona Moves Toward Cutting or Ending Capital Gains Tax
Opinion -Momentum is building to cut or eliminate Arizona’s capital gains tax. In January, Gov. Jan Brewer (R) included in her proposed fiscal agenda for the year the broad goal of lightening the tax load on capital gains income. -
States Report Strong Tax Revenues in Fiscal 2011
Opinion -State government tax collections in Fiscal 2011 showed strong year-over-year growth compared to fiscal 2010 collections, according to Census Bureau data released April 12. Fiscal 2011 ended on June 30, 2011 for 46 states. -
White House Data Shoot Down Buffett Rule Claims
Opinion -President Obama this week re-launched his advocacy for a "Buffett Rule," which maintains that no millionaire should pay a smaller share of their income in taxes than a middle-class family. -
Americans Achieve Tax Freedom Four Days Later Than Last Year
Opinion -Tax Freedom Day® 2012 arrives on April 17 this year, four days later than last year due to higher federal income and corporate tax collections. -
Baltimore Mayor’s Call for Higher Bottle Tax Sparks Opposition
Opinion -Baltimore Mayor Stephanie Rawlings-Blake has proposed raising the city’s 2 cent tax on beverage containers to 5 cents. She said during a recent City Council meeting the proposal is part of her Better Schools Initiative to build new schools. -
No April Fools’ Joke: U.S. Has World’s Highest Corporate Tax Rate
Opinion -On April 1 the United States earned the dubious distinction of having the highest statutory corporate tax rate of any industrialized nation. -
Bad Tax-the-Rich, Transaction Tax Ideas on Both Sides of the Atlantic
Opinion -This election cycle, some American politicians have insisted that, in order to solve the government debt problem, millionaires and billionaires must pay their "fair share," and bankers and financiers must be "held accountable. -
Cook County Governments Could Go Broke Without Reforms: Report
Opinion -Property taxes since 2000 have risen twice as fast as consumer prices in Cook County, Illinois, with the steepest increases in suburban Chicago, according to a Heartland Institute analysis released this week. With 5. -
Cook County Municipalities Face Fiscal Ruin
Opinion -MARCH 12, 2012 – An analysis of records obtained from the Cook County Treasurer’s Office reveals property tax collections rose at twice the rate of inflation during the past decade. -
Maryland Governor Calls for Sweeping New Internet Taxes
Opinion -Maryland Gov. Martin O’Malley’s (D) 2012 budget would impose taxes on digitally delivered goods and services and tax purchases made from out-of-state online retailers that rely on referrals from affiliates. -
Obama Wants Lower Tax Rates, Fewer Deductions, More Revenue Overall
Opinion -U.S. businesses would have a lower tax rate but an overall higher tax bill under a proposal by President Barack Obama. Obama proposes to lower the corporate tax rate from 35 percent to 28 percent while at the same time ending dozens of tax deductions. -
State Sales Tax Burdens Fell Slightly in 2011
Opinion -The average level of state sales taxes fell in 2011 to 5.49 percent, according to an annual report from Vertex, Inc., a provider of corporate tax software and services. -
Md. Governor Wants More Road Money—After Diverting $1 Billion
Opinion -Maryland Gov. Martin O’Malley (D) is seeking to raise revenue by applying the state’s 6 percent sales tax to motor fuel purchases. -
Heartland Institute Experts React to Obama’s 2013 Budget
Opinion -President Barack Obama on Monday released his 2013 budget, which includes $3.8 trillion in spending over 10 years. In Obama’s budget, the annual federal deficit falls below $600 billion just once, in 2018. The president’s budget achieves $1. -
Wyoming’s Best, New Jersey’s Worst for Business Tax Climate: Report
Opinion -Wyoming, South Dakota, and Florida have the best business tax climates in the nation, and New Jersey, New York, and California have the worst, according to the Tax Foundation’s “2012 State Business Tax Climate Index. -
Heartland Institute Senior Fellow Testifies Today Before House
Opinion -FEB 1, 2012 -- Heartland Institute Senior Fellow Peter Ferrara, author of America’s Ticking Bankruptcy Bomb, is testifying today at a hearing of the full House Committee on Small Business. -
Chicago-based Heartland Institute Reacts to Gov. Quinn’s State of the State Address
Opinion -Illinois Gov. -
Kansas Republicans Propose Major Tax Reforms
Opinion -Kansas House Republican leaders have unveiled the broad outlines of a major tax overhaul proposal that focuses on curbing state spending to reduce state income taxes, eliminating many taxes that small businesses pay, and accelerating the reduction of -
International Law Too Easy on Cruise Lines
Opinion -If even half of them are true, the allegations against the captain of the Costa Concordia--the half-billion-dollar cruise ship currently half-submerged off the Italian coast--ought to boil anyone’s blood. -
California Billionaires Bankroll Tax Hike Referenda
Opinion -For the Chinese, 2012 is the Year of the Dragon. For beleaguered California taxpayers this may be the Year of the Billionaire. -
Idaho Tax Committee Chairman Pushes Cigarette Tax Hike; Others Push Back
Opinion -In a recent statement to the Idaho Reporter, State Rep. Dennis Lake (R-Blackfoot) labeled himself a legislative “errand boy” for the American Cancer Society, pledging to work for higher cigarette taxes at the group’s behest. -
Tax Increase Debate Takes Center Stage in Washington State
Opinion -One way or another, Washington voters may be asked to raise taxes in 2012 to bail the state out of a nearly $2 billion budget deficit. -
Indiana, Amazon.com Reach Sales Tax Agreement
Opinion -Indiana government officials and the nation’s largest online retailer have reached an agreement to begin collecting Indiana sales tax on Internet purchases. Indiana will become the fourth state to reach such an agreement with Amazon.com, but Gov.