The Virus Is Vaporizing Tax Revenues, Putting States in a Bind
The overwhelming news from the states is the financial impact COVID-19 is having on their bottom line…and precisely one article on why they shouldn’t be given or take a bailout from the feds! States should say ‘no thanks’ to a federal bailout “The...
State News – Massachusetts: It’s A Minimum Tax
Illinois Illinois governor floats graduated state income tax that would replace flat tax. Massachusetts IT’S A MINIMUM TAX: Massachusetts lawmakers are seeking to update the state’s corporate tax structure to funnel more money toward transportation, as...
State News – Idaho, Kentucky, & More
Idaho: State Rep. Jason Monks is proposing to kill off property taxes with a 5-percentage point increase in the sales tax — a move that would take the statewide rate all the way up to around 11 percent. “I call it a thought grenade; we threw it out there and...