Dueling tax-cut plans set up showdown in Mississippi Legislature

By   /  March 2, 2015  /  Budget and Spending, Economy, Jobs + Growth, Legislature, Lobbying, Mississippi, News, Politics, Taxes  /  No Comments

Photo by Steve Wilson

Three Mississippi tax cut plans are competing for passage, with one of them phasing out the state’s income tax and the other the corporate franchise tax.

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Pennsylvania ponders extras for film industry in shadow of $2.3 billion deficit

By   /  February 25, 2015  /  Accountability, Budget and Spending, Finances, Jobs + Growth, Pennsylvania, State Budgets, Taxes  /  No Comments

Photo from official governor website

Some Pennsylvania legislators want to increase handouts to the film industry, even though the state and its new governor face a huge deficit and some economists say the payoffs are murky at best for taxpayers.

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Gov. Christie plays offense on New Jersey pension reforms

By   /  February 24, 2015  /  Budget and Spending, Finances, New Jersey, Pensions, State Budgets  /  No Comments

Tim Larsen/Governor's Office

Backed into a fiscal corner, a defiant Gov. Chris Christie went on the offensive by proposing an ambitious reform to freeze existing New Jersey state pensions, create new replacement plans and eventually turn over control of the retirement system to labor unions of public workers.

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New Jersey gas tax proposal stokes highway cost debate

By   /  February 24, 2015  /  Budget and Spending, New Jersey, News, Politics & Elections, State Budgets, transportation  /  No Comments

Tim Larsen/Governor's Office

While New Jersey Gov. Chris Christie and state lawmakers consider a 25-cent a gallon gas tax hike to raise $2 billion a year to fund transportation projects, a war of words and statistics has erupted over the high cost of highways in the Garden State

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Tax cut package could help boost Mississippi’s flagging business climate

By   /  February 20, 2015  /  Budget and Spending, Economy, Legislature, Mississippi, News, Politics, Taxes  /  No Comments

PHOTO BY: Wikimedia Commons

A plan to eventually cut the onerous franchise tax won’t fix Mississippi’s economy, but the move could help brighten a dismal business climate.

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The real numbers: New Jersey faces $183 billion in state debt

By   /  February 19, 2015  /  Budget and Spending, New Jersey, News, Pensions, Politics, State Budgets  /  No Comments

Governor's Office/Tim Larsen

To part the sea of red ink engulfing New Jersey, Gov. Chris Christie may need a miracle of biblical proportions. The total state debt is listed as nearly $85 billion. But buried in state records are details revealing the actual figure should be $183 billion – nearly $100 billion higher

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