By Ed Bolen | 03/19/14 02:15 PM
For businesses, an aircraft is as much of a necessity as a computer. That's why when a company buys its own aircraft, it depreciates in the same way as other comparable business investments, including cars, trucks, bulldozers and computers.
By Associated Press | 03/19/14 09:28 AM
A state House committee is set to consider proposed tax increases that Gov. Jack Markell is counting on to help pay for his spending plan for the upcoming fiscal year.
By Associated Press | 03/19/14 09:22 AM
Arkansas lawmakers are returning to the state Capitol to formally end this year's session, but first are expected to consider whether to override Gov. Mike Beebe's veto of a $5 million tax exemption for natural gas drillers.
By Paul Bedard | 03/18/14 03:07 PM
As Tax Day approaches in just one month, a new report finds a huge divide between tax rates throughout the 50 states, with New Yorkers the most heavily burdened with an average bill of $9,718, 40 percent higher than the national average. WalletHub provided Secrets with its “2014 Report on...
By Ashe Schow | 03/18/14 01:08 PM
What little science exists on the safety of e-cigarettes shows that they are a safer alternative to regular cigarettes. But that hasn't stopped some in government - including New Jersey Republican Gov. Chris Christie - from proposing a tax on the cigarette alternative that would make them the...
By Timothy P. Carney | 03/17/14 11:36 AM
The estate tax raises a tiny fraction of federal revenues, but it raises a significant portion of the life insurance industry's money. Life insurance benefits can be tax-free. Inheritances over $5.3 million are taxed — with rates going up to 40 percent. That's why the life insurers lobby...
By Associated Press | 03/17/14 09:37 AM
New Hampshire's Senate continues to weigh a proposed 4-cent hike in the gas and diesel tax to help pay for highway improvements.
By Justin Jouzapavicius | 03/17/14 09:09 AM
The day after Dewey Bartlett Jr. won a second term as Tulsa mayor last year, he was asked about the estimated $6.4 million budget shortfall the city was dealing with at the time. Bartlett replied then that he thought Oklahoma's second-largest city could manage its way out of the deficit hole...
By Associated Press | 03/15/14 02:15 PM
Democrats are accusing Republican Gov. Chris Christie of trying to create new taxes, for a change.
By Joseph Lawler | 03/14/14 11:38 AM
Sen. Elizabeth Warren, D-Mass., a potential 2016 presidential candidate, says Congress should hike taxes on families and small businesses making more than $1 million, then use the tax revenue to let debt-ridden students refinance their college loans.
By Paul Bedard | 03/13/14 09:02 AM
A new report funded by the Robert Wood Johnson foundation casts "serious doubt" on effort 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.
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.
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 Byron York | 04/23/14
By Washington Examiner | 04/23/14
By Paul Bedard | 04/24/14
By Byron York | 04/22/14
By Paul Bedard | 04/24/14