Tag: ‘state taxes’

Nine Tax Stories to Watch in 2015

By :: January 6th, 2015

So much has changed. Yet, when it comes to taxes, so much has not. Republicans have taken control of Congress and now hold governorships in 31 states. The U.S. economy is finally on solid ground. And presidential hopefuls are gearing up for the 2016 election. But for all that, the top tax stories of 2015 […]

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Did Tax Hikes Doom Governors? Did Tax Cuts Elect Them?

By :: November 6th, 2014

At first glance, the message was pretty clear: If you were a governor who cut taxes, you probably got reelected on Tuesday. If you were a governor who raised taxes (or even a candidate who worked for one) you probably lost. It was true in deep red states like Kansas where, against all odds, Sam […]

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Dude, Should Marijuana Be Legalized and Taxed?

By :: December 6th, 2012

Starting today, it is legal to smoke marijuana in Washington State. That got me thinking: Could taxing stoners help balance state budgets? The answer is yes, but it wouldn’t help much. One 2010 study, done for the libertarian CATO Institute, figures legalizing and taxing weed would increase state tax revenues by about $9 billion a […]

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