07/14/14 03:45 PM
A growing number of U.S. companies are looking to trim their tax bills by combining operations with foreign businesses in a trend that may eventually cost the federal government billions of dollars in revenue. Generic drugmaker Mylan Inc. said Monday it will become part of a new company...
By Phillip Rawls | 07/14/14 08:15 AM
Gov. Robert Bentley's opposition to new state taxes during his first term could change in a second term.
By Kelly Cohen | 07/13/14 12:40 PM
Thousands of nonprofit groups and small apartment buildings have been getting free city garbage service for the past decade when they shouldn't have been, according to a new Chicago inspector general's report and reporting by the Chicago Sun-Times.
By Joseph Lawler | 07/08/14 01:34 PM
Like Obamacare, the 2010 financial reform law has many unintended consequences, the latest of which could be soaring insurance rates.
07/11/14 07:30 AM
COLUMBUS, Ohio (AP) — Ohio's casino tax revenue over the past year fell short of what state officials had predicted. The state's four casinos generated $273.4 million in tax revenue in the fiscal year that ended in June. That was more than $36 million less than the state had predicted. The...
By Stephen Moore | 07/09/14 05:04 PM
Right-to-work is back in the spotlight, thanks to the recent Supreme Court decision in Harris v. Quinn.
07/09/14 03:30 PM
JEFFERSON CITY, Mo. (AP) — Missouri officials pledged Wednesday to rebuild hundreds of bridges, pave thousands of miles of roads and improve dozens of airports and sidewalks around the state if voters approve a transportation sales tax next month. The state Highways and Transportation...
07/08/14 01:17 PM
WASHINGTON (AP) — If two of the most progressive U.S. cities don't pass a tax on sugary drinks, will the idea finally fizzle out? Sugary drinks have been under fire for years, with many blaming them for rising rates of obesity and chronic diseases. Yet efforts to curb consumption by imposing...
By Washington Examiner | 07/07/14 06:03 PM
As Americans celebrated this nation's birthday on July 4, most were likely unaware of a less uplifting commemoration that fell on the calendar during the same holiday weekend. That was Cost of Government Day, or July 6, 2014. The date's significance is one of political math and symbolism. By the...
By Associated Press | 07/07/14 08:36 AM
An Ohio Department of Taxation report finds that since 2012 the amount of tax credits granted businesses promising to create and retain jobs has been going up.
07/03/14 07:15 PM
SACRAMENTO, Calif. (AP) — A corporate battle over a giant Pentagon contract to build stealth bombers spilled into the California Legislature on Thursday, as lawmakers grudgingly rushed through a $420 million tax credit for an aerospace contractor before adjourning for their monthlong summer...
By Sheila Weinberg | 07/01/14 02:46 PM
On July 9, the Internal Revenue Service will turn 61, a few years short of the average retirement age. Many Americans, when they get ready to retire, reflect on their career. I'd like to think the IRS, were it personified, might take a long look at its professional life leading up to its birthday.
06/30/14 06:45 PM
TOPEKA, Kan. (AP) — The presumed Democratic nominee for Kansas governor said Monday that if elected, he will pursue a big increase in education spending and a postponement of scheduled income tax cuts in an effort to improve the state economy. Kansas House Minority Leader Paul Davis said he...
By Washington Examiner | 06/27/14 03:57 PM
A new Tax Foundation analysis of workers' tax burdens in the 34 countries of the Organization for Economic Co-operation and Development shows that 31.3 percent of the average American worker's wages go to federal taxes. This puts the U.S. below the OECD average of 36 percent.
By Washington Examiner | 06/26/14 12:54 PM
What would you do if you opened a piece of mail addressed to you, only to discover that it was clearly intended for one of your neighbors? Most people would stop reading and simply forward it. It would seem right and moral – if not legally required – to avoid taking advantage of or otherwise...
By Sean Higgins | 07/25/14
By Byron York | 07/24/14
By Byron York | 07/26/14
By Brian Hughes | 07/25/14
By Paul Bedard | 07/24/14