Tag: Taxation

Tag: Taxation

  • Americans Can Be Thankful for Tax Cuts image

    Americans Can Be Thankful for Tax Cuts

    Since Congress passed the Tax Cuts and Jobs Act of 2017 (TCJA), Americans are getting a larger piece of the pie from federal tax cuts and ensuing state tax reforms …

  • Resolution in Opposition to a Carbon Tax image

    Resolution in Opposition to a Carbon Tax

    WHEREAS, affordable and abundant electricity is a strategic resource that is essential to modern life, America’s economic competitiveness. WHEREAS, the application of a carbon tax to gasoline and other transportation …

  • Resolution Opposing International Taxation Initiatives image

    Resolution Opposing International Taxation Initiatives

    Resolution Opposing International Taxation Initiatives Summary The Resolution urges Congress to oppose any legislation that would authorize global and regional governance bodies including the United Nations (UN), …

  • Constitutional Amendment Restricting the Use of Vehicle Fees and Taxes for Highway Purposes image

    Constitutional Amendment Restricting the Use of Vehicle Fees and Taxes for Highway Purposes

    Constitutional Amendment Restricting the Use of Vehicle Fees and Taxes for Highway Purposes NEW SECTION: All fees collected by the State of {insert state} as license fees for motor …

  • Trouble in Paradise: Hawaii Governor Ige Acknowledges  Livability Concerns image

    Trouble in Paradise: Hawaii Governor Ige Acknowledges Livability Concerns

    The governor took note of several pressing concerns—energy, affordable housing, education, and income growth. However, many of his solutions threaten to aggravate the underlying problems.

  • Oklahoma State of the State: Governor Fallin Delivers Stern Tax and Spend Message image

    Oklahoma State of the State: Governor Fallin Delivers Stern Tax and Spend Message

    Despite early promise of being a bold reformer, the governor now zealously possesses the tax and spend mantle. And the spending extends beyond education. She promises a cornucopia of spending courtesy of the tax hikes on “initiatives that each of you are passionate about.”

  • Illinois State of the State: “We cannot tax and borrow our way into prosperity” image

    Illinois State of the State: “We cannot tax and borrow our way into prosperity”

    Governor Bruce Rauner focused largely on the financial stress plaguing Illinois during his 2018 State of the State Address and Budget Address. The Land of Lincoln is one …

  • Minnesota State of the State image

    Minnesota State of the State

    Governor Mark Dayton delivered his final State of the State address in a largely optimistic tone declaring, “Our number one priority should be tax fairness for individual Minnesotans and their …

  • New Mexico State of the State: Governor Applauds Economic Diversification and Pushes for Comprehensive Tax Reform image

    New Mexico State of the State: Governor Applauds Economic Diversification and Pushes for Comprehensive Tax Reform

    The governor’s proposals for comprehensive tax reform, economic diversification, infrastructure spending prioritization, and education reform can generate longer-term opportunities. However, additional changes are needed. The state’s tort system and worker’s compensation costs remain economic drags. The relative lack of tax and expenditure limits and 8th highest number of state employees per capita contribute to a bloated state government.

  • Alaska State of the State: Governor Calls for Expanded Energy Production along with Higher Taxes image

    Alaska State of the State: Governor Calls for Expanded Energy Production along with Higher Taxes

    Governor Walker's wholehearted support for a continued energy production renaissance, energy infrastructure development, and expanded international trade bode well for an Alaskan economic rebound. However, the continued advocacy for income taxes and sales taxes combined with lack of acknowledgement of much-needed operational reforms threatens to negatively counter those pro-growth actions.

  • Wyoming State of the State: Fiscal Soundness Despite Setbacks in Energy Sector of Economy image

    Wyoming State of the State: Fiscal Soundness Despite Setbacks in Energy Sector of Economy

    Wyoming enjoys the 8th best economic outlook in the nation, according to Rich States, Poor States. This outlook has failed to translate into performance largely due to numerous macroeconomic factors and regulatory measures. The governor’s commitment to state regulatory reform, bureaucratic downsizing, and budget reform has resulted in the state weathering this storm with a strong balance sheet and low taxes. Rather than resort to higher taxes or centrally planned economic development, the continuation of a business-friendly climate is needed to incentivize further diversification and future growth of the economy.

  • Utah State of the State: Acting Today with the Future in Mind image

    Utah State of the State: Acting Today with the Future in Mind

    Even with the modest changes to property taxes and a possible increase in the gas tax, Utah’s overall pro-business status remains unrivaled. Economic growth and jobs growth over 10 years are 5th highest and 3rd highest, respectively. Perhaps Utah has indeed “become that shining city on a hill for our nation.”

  • Washington State of the State: Governor Inslee Repeats Demand for Destructive Carbon Tax image

    Washington State of the State: Governor Inslee Repeats Demand for Destructive Carbon Tax

    In addition to a massive carbon tax, Governor Inslee called for workforce development initiatives, healthcare regulations, and myriad new social regulations. In aggregate, this big government agenda would impede the business climate and economic growth of the state.

  • New Hampshire State of the State Address image

    New Hampshire State of the State Address

    One of the youngest governors in the nation, Governor Chris Sununu, recently delivered his second State of the State address. He focused on New Hampshire’s unique strengths and commented, …

  • New Jersey Inauguration: Governor Murphy Claims the Moral High Ground in Bid to Expand Government image

    New Jersey Inauguration: Governor Murphy Claims the Moral High Ground in Bid to Expand Government

    Governor Murphy failed to recognize that those on the other side of the aisle may share the same ultimate policy outcome goals—justice, fairness, and growth—albeit with far different policy preferences. This threatens to block pragmatic bipartisan progress on numerous pressing issues.

  • The Williams Report image

    The Williams Report

    Budget National: S&P finds tariffs could hurt state, city budgets Alabama: The Alabama Senate delivers a general fund budget to the governor’s office. Alaska: To avert shutdown …

  • Colorado State of the State:  Hickenlooper’s Pursuit of Taxes image

    Colorado State of the State: Hickenlooper’s Pursuit of Taxes

    The governor is right that “by almost any measure, we’ve become one of the best places for business in America.” But expanding crony capitalism and increasing the tax burden make maintaining this coveted status more difficult. Following five consecutive years in the top 10 for economic outlook in Rich States, Poor States, Colorado dropped to 16th in 2013 and has failed to fully recover. A sharpened focus on regulatory reform and pension reform are required to guarantee continued success in the Centennial State.

  • Kansas State of the State: Gov. Brownback Resists Tax Hikes, Calls for Constitutional Amendment on Ed Financing image

    Kansas State of the State: Gov. Brownback Resists Tax Hikes, Calls for Constitutional Amendment on Ed Financing

    The governor’s rejection of a tax increase is welcomed news for taxpayers. Just last year, legislators overrode his veto in order to enact an enormous tax increase of $1.2 billion over the next two years alone. This tax hike on individuals and businesses wiped out much of the tax reductions from the 2012 reforms. Avoiding a new tax increase, pushing for a voter-approved constitutional amendment on school financing, and demanding educational reforms will help avoid compounding the damage from last year’s tax hikes.  

  • Arizona State of the State: Confidence and Conviction, Promise and Possibility image

    Arizona State of the State: Confidence and Conviction, Promise and Possibility

    Arizona Governor Doug Ducey delivered a sunny State of the State address, highlighting the “capacity of our state, and its people, to always be ahead of the …

  • California State of the State: A High Speed Train of Taxes and Spending image

    California State of the State: A High Speed Train of Taxes and Spending

    California Governor Jerry Brown boldly championed an unabashedly liberal agenda throughout his 16th—and final—State of the State address. The governor declared, “California is prospering,” a stark turnaround from the economic …