As they open their legislative sessions, politicians in many states are facing a pleasant election-year challenge: What to do with all the extra money? A slow but steady economic recovery is generating more tax revenue than many states had anticipated.
Gov. Mark Dayton is asking Minnesota’s wealthiest citizens to pay more than a billion dollars in new income taxes in order to boost state funding for schools and colleges by nearly $640 million.
Gov. Mark Dayton on Thursday set up the clear-cut tax debate his aides say he’s always craved, demanding that Minnesota’s best-off residents pay higher income taxes to boost spending on education and other services.
After weeks of widespread criticism, Governor Mark Dayton abandoned a controversial sales tax plan that included a new tax on business services.
The recently released tape of Romney speaking to donors at a closed door fundraiser has exposed Mitt Romney to, in fact, be the person Democrats have portrayed him to be: a rich, out of touch, arrogant man that has no respect or connection to the American middle class and absolutely no interest in making the American middle class stronger.
Obama’s latest speech on tax cuts for the middle class is just a retread of his tired class warfare rhetoric and strategy.
Minnesota Senate Republicans are pressing to get rid of a business property tax by the middle of next decade and give scattered tax breaks to married couples, military veterans and investors.
Jobless benefits will run out for 2 million people during the holiday season unless they are renewed by a Congress that’s focusing more attention on a quarrel over preserving tax cuts for people making more than $200,000 a year.