By Paul Bedard | 03/13/14 09:02 AM
A new report funded by the Robert Wood Johnson Foundation casts "serious doubt" on efforts by nanny state legislators to curb obesity through tax increases on sweet sodas and energy drinks, finding in some cases that people simply shift to other sweets — and gain weight. "Our results cast...
03/13/14 06:15 AM
A state government official tells The Associated Press that Gov. Chris Christie will announce that the average property tax increase in New Jersey last year was a modest 1.7 percent. The official says Christie plans to announce the preliminary tax data Thursday morning. If the numbers hold, it...
03/12/14 08:00 PM
DENVER (AP) — Colorado doesn't know how much money it's going to get from marijuana taxes, but that doesn't mean it's too soon to argue about spending it. The state Joint Budget Committee started talking Wednesday about how to divvy up the money. The panel is made up of state lawmakers who...
03/12/14 05:00 PM
ALEXANDRIA, Va. (AP) — A former Swiss banker pleaded guilty Wednesday to his role in a fraud scheme that prosecutors say helped U.S. taxpayers hide as much as $3 billion in assets from the IRS. Andreas Bachmann, 56, a Swiss citizen, is one of eight former employees of Zurich-based Credit...
03/12/14 03:15 PM
LANSING, Mich. (AP) — The state's tree fruit producers have voted to tax themselves to create the Michigan Tree Fruit Research & Development Program. Michigan Department of Agriculture and Rural Development Director Jamie Clover Adams announced the voting results Wednesday. The state says...
By Paul Bedard | 03/12/14 12:52 PM
Refundable tax credits, which already cost the federal government more than it spends to fund the Department of Education, are set to double to more than $200 billion a year once all of the Obamacare subsidies kick in, according to a new report from the independent Tax Foundation. The report...
By Seanna Adcox | 03/12/14 09:14 AM
Republicans say K-12 public schools are a big winner in the House budget plan approved late Tuesday, but Democrats criticized the plan as still not meeting the state's obligation to education.
By Melinda Deslatte | 03/12/14 09:11 AM
Lawmakers who began unraveling the details Tuesday of Gov. Bobby Jindal's $25 billion budget proposal learned they have more shortfalls to address this year before they piece together next year's spending plans.
03/11/14 05:16 PM
BRUSSELS (AP) — European Union finance ministers failed once again Tuesday to agree on a sweeping new policy to fight tax evasion because of resistance from Luxembourg, a tiny country that long has prospered from a secretive banking culture. EU Taxation Commissioner Algirdas Semeta said their...
By Associated Press | 03/11/14 08:47 AM
Ohio Gov. John Kasich is preparing to release details of an ambitious election-year policy document that addresses taxes and education and streamlines government services for the poor and unemployed.
By Justin Pritchard | 03/11/14 08:44 AM
With more trains and buses to take, and the appeal of using travel time for pursuits other than dodging traffic, Americans are taking greater advantage of a renaissance in public transit, according to a new report.
03/10/14 03:15 AM
DENVER (AP) — Colorado is waiting for its first look at the recreational pot market this week when the Department of Revenue reports how much dispensaries paid in sales taxes in January. The Department has hinted that it may release January sales tax figures Monday. It would be the first...
By David M. Drucker | 03/07/14 03:48 PM
Rep. Dave Camp has heard the word “no” before. As usual, he isn't listening. Nearly 18 years ago, when the Republican House Ways and Means chairman was an obscure third-term congressman serving on the powerful tax-writing committee, House GOP leaders were ready to throw in the towel on...
By Philip Klein | 03/06/14 12:29 PM
President Obama's budget proposal for the coming year was widely dismissed this week as an election-year political messaging document filled with proposals that had no chance of passage. But to the extent that the plan was notable, it was more for what was left out than what was put in it.
03/06/14 05:15 PM
SANTA FE, N.M. (AP) — New Mexico will no longer tax parts and labor for maintaining aircraft under a measure that Gov. Susana Martinez has signed into law. The governor said Thursday in Santa Teresa that the tax break, which takes effect in July, will help keep aircraft owners from having...
By Joel Gehrke | 03/12/14
By Byron York | 03/12/14
By Michael Barone | 03/12/14
By Paul Bedard | 03/12/14
By Michael Barone | 03/10/14