Budget and Tax News Back Issues - Click on an Issue to see Articles from that Issue
Budget & Tax News
August 2009
2009 August Budget & Tax News: Californians Reject Budget ‘Reform’ (PDF)
In a May 19 special election called to address the state’s dire financial situation, California voters overwhelmingly rejected, by nearly a 2-1 margin, ... (read more)
In a May 19 special election called to address the state’s dire financial situation, California voters overwhelmingly rejected, by nearly a 2-1 margin, ... (read more)
California Voters Reject Budget ‘Reform’ Measures
With the state government in deep financial straits, California voters resoundingly rejected, by nearly a 2-1 margin, the main propositions Gov. Arnold ... (read more)
With the state government in deep financial straits, California voters resoundingly rejected, by nearly a 2-1 margin, the main propositions Gov. Arnold ... (read more)
Chicago Parking Meter Privatization Creates Controversy
A parking meter fiasco has enraged Chicago citizens, shoppers, and business owners, and their fury has raised the hackles of the city’s aldermen.In ... (read more)
A parking meter fiasco has enraged Chicago citizens, shoppers, and business owners, and their fury has raised the hackles of the city’s aldermen.In ... (read more)
Former Chicago Bear Sworn in as Mayor of Chicago Suburb
Jim Schwantz vows to fight sales tax hikeIn early 2008, ex-Chicago Bears linebacker Jim Schwantz declared his intention to run for mayor of Palatine in ... (read more)
Jim Schwantz vows to fight sales tax hikeIn early 2008, ex-Chicago Bears linebacker Jim Schwantz declared his intention to run for mayor of Palatine in ... (read more)
Hawaii Has Nation’s Highest Income Tax
Faced with a $1.8 billion budget shortfall, Hawaii’s state legislators have passed a host of tax increases, including new brackets, one of which imposes ... (read more)
Faced with a $1.8 billion budget shortfall, Hawaii’s state legislators have passed a host of tax increases, including new brackets, one of which imposes ... (read more)
Illinois Lawmakers Reject Income Tax Hike
In the tense final hours of the Illinois General Assembly’s regular session, the state House rejected a $3 billion income tax increase on May 31 by ... (read more)
In the tense final hours of the Illinois General Assembly’s regular session, the state House rejected a $3 billion income tax increase on May 31 by ... (read more)
N. Carolina Hits Large Families with Tax Refund Delay
The North Carolina Department of Revenue has a surprise for large families this tax season: an audit.Taxpayers who claimed eight or more exemptions on their ... (read more)
The North Carolina Department of Revenue has a surprise for large families this tax season: an audit.Taxpayers who claimed eight or more exemptions on their ... (read more)
N. Carolina Raises Taxes While Giving Breaks to Apple
As North Carolina lawmakers and Gov. Beverly Perdue (D) struggled to cut spending and raise taxes to cover a $4.6 billion budget deficit, they gave Apple ... (read more)
As North Carolina lawmakers and Gov. Beverly Perdue (D) struggled to cut spending and raise taxes to cover a $4.6 billion budget deficit, they gave Apple ... (read more)
N.M. Film Subsidies Bring Poor Return
New Mexico may be the site of many film productions, but recent studies call into question the claimed benefits to the state’s economy.With New Mexico ... (read more)
New Mexico may be the site of many film productions, but recent studies call into question the claimed benefits to the state’s economy.With New Mexico ... (read more)
New Jersey Governor Seeks Income Tax Hike
New Jersey’s tax revenue problems continue to grow and further complicate Gov. Jon Corzine’s effort to balance the state’s budget, leading ... (read more)
New Jersey’s tax revenue problems continue to grow and further complicate Gov. Jon Corzine’s effort to balance the state’s budget, leading ... (read more)
Portland Mulls Rental Car Tax Hike
Multnomah County, Oregon, which includes the city of Portland, might raise its rental car tax from 12.5 to 17 percent, a move opponents say could hurt the ... (read more)
Multnomah County, Oregon, which includes the city of Portland, might raise its rental car tax from 12.5 to 17 percent, a move opponents say could hurt the ... (read more)
Proposed Soda Tax a Bitter Pill for Taxpayer Advocates
Congress is considering imposing a federal tax on nondiet sodas and other sugary drinks to help pay for President Barack Obama’s new health care proposal, ... (read more)
Congress is considering imposing a federal tax on nondiet sodas and other sugary drinks to help pay for President Barack Obama’s new health care proposal, ... (read more)
Record Sales Tax Stands as Cook County Board Sustains Rollback Veto
Despite a 12-3 vote to reverse a sales tax hike imposed last year, the Cook County Board of Commissioners failed to overturn a veto by Board President Todd ... (read more)
Despite a 12-3 vote to reverse a sales tax hike imposed last year, the Cook County Board of Commissioners failed to overturn a veto by Board President Todd ... (read more)
Soft Drinks Tax an Inefficient, Ineffective Way to Fight Obesity
Policymakers think they have found a magic pill of sorts to cure obesity: excise taxes.Most economists, particularly those in public finance, find it preferable ... (read more)
Policymakers think they have found a magic pill of sorts to cure obesity: excise taxes.Most economists, particularly those in public finance, find it preferable ... (read more)
Supreme Court Green-Lights Chrysler Sale
The sale of automaker Chrysler was delayed but not derailed in June, as the U.S. Supreme Court declined to hear a challenge to the constitutionality of ... (read more)
The sale of automaker Chrysler was delayed but not derailed in June, as the U.S. Supreme Court declined to hear a challenge to the constitutionality of ... (read more)
Texas House Rejects New Taxes, Fees on Motorists
Despite furious lobbying for higher taxes and fees on motorists in Texas, the legislative session ended with defeats for the tax hikers and victories for ... (read more)
Despite furious lobbying for higher taxes and fees on motorists in Texas, the legislative session ended with defeats for the tax hikers and victories for ... (read more)
Washington Gov. Gregoire Protects Performance Audits
Thanks to the veto pen of Gov. Chris Gregoire (D), Washington state’s performance audit program remains intact and adequately funded. The move gives ... (read more)
Thanks to the veto pen of Gov. Chris Gregoire (D), Washington state’s performance audit program remains intact and adequately funded. The move gives ... (read more)
Will Ohio Court Ax Satellite TV Tax?
Eyes are on the Ohio Supreme Court as it mulls the constitutionality of a targeted tax on the state’s satellite television providers.The 5.5 percent ... (read more)
Eyes are on the Ohio Supreme Court as it mulls the constitutionality of a targeted tax on the state’s satellite television providers.The 5.5 percent ... (read more)