Government taxation and revenue
Brown takes restrained view of Calif. spending
Riding a wave of state tax revenue, Gov. Jerry Brown released a budget proposal Tuesday that looks much different from the ones Californians have become accustomed to in recent years: It has a surplus. Brown is proposing a $96.4 billion spending plan for the coming fiscal year that starts July ...
Ga. college sues Tennessee agency over billboard
A private college in northwest Georgia is suing Tennessee's higher education commission in a dispute over billboard advertising. Berry College says in the federal lawsuit that the Tennessee agency has threatened to sue the school if it continues to advertise in that state without registering and paying fees of more ...
Nev. Senate Dems bring tax plan, Sandoval opposes
Nevada Senate Democrats announced a plan Monday to raise payroll taxes to fund education, drawing swift criticism from Republican Gov. Brian Sandoval, who pledged to veto any tax increase that comes his way. Sandoval insisted that education remains a priority but said that tax increases will jeopardize the state's economic ...
AP Interview: Schauer sounding like gov. candidate
Democrat Mark Schauer is not officially a candidate for Michigan governor yet, but he sure sounds like one. The former congressman from Battle Creek told The Associated Press on Monday that he loves his job helping construction trade unions find more work, but that being governor would be an opportunity ...
Detroit is broke; could bankruptcy lie ahead?
The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money — a financial meltdown that could mean employees don't get paid, retirees lose their pensions and residents endure even deeper cuts in municipal services. If Detroit cannot avert ...
Mo. Senate panel backs funding for First Steps
A Missouri Senate panel had endorsed a new funding source for a program that serves developmentally disabled children. A Senate health committee amended a bill Monday to create a $55 million state fund from general revenues to be used for services to the disabled and low-income seniors. The bill is ...
Sandoval's school choice bill up for hearing
Gov. Brian Sandoval wants to give businesses a break on payroll taxes for donating money to fund school choice scholarships. SB445 was presented earlier in the session the Senate Revenue Committee, which took no action. Instead the bill was referred to the Senate Finance Committee. A hearing is scheduled Monday. ...
Goshen schools to weigh transportation cuts
More students could be walking to school and funding for field trips could be cut under proposals the Goshen School Board is considering. The Elkhart Truth reports (http://bit.ly/13LdiSa ) the changes are included in recommendations from a committee looking for ways to close a shortfall in the Goshen Community Schools' ...
Dayton, Minn. DFL leaders reach budget deal
Gov. Mark Dayton and the Legislature's top Democrats announced an agreement Sunday to raise taxes on Minnesota's wealthier residents and cigarette sales and to spend the extra money on public education and to relieve pressure on local property taxes. Dayton and DFL leaders held a rare Sunday news conference to ...
Salmon voters poised for 9th shot at school bond
Voters in the east-central Idaho town of Salmon have made a habit of rejecting plans to raise taxes to replace the elementary and middle schools. Eight times in as many years, the electorate has denied the requests of school district leaders to build one new school to replace two schools ...
Ind. schools seeing more success with tax hikes
Indiana school districts that won voters' approval last week for the majority of the tax increases they had sought to boost school funding may be becoming more skilled at selling the public on the need for those tax hikes, say experts who've tracked Indiana's school referendums for several years. Five ...
AP Exclusive: IRS knew tea party targeted in 2011
Senior Internal Revenue Service officials knew agents were targeting tea party groups as early as 2011, according to a draft of an inspector general's report obtained by The Associated Press that seemingly contradicts public statements by the IRS commissioner. The IRS apologized Friday for what it acknowledged was "inappropriate" targeting ...
A look at bills before the Missouri Legislature
The Missouri Legislature has a week to finalize action on the following bills: ABORTION The House is expected to give final approval to a measure restricting drug-induced abortions. BENEVOLENT TAX CREDITS Gov. Jay Nixon already has signed legislation that would reinstate expiring tax credits for certain charitable donations. It also ...
IRS apologizes for targeting tea party groups
The Internal Revenue Service apologized Friday for what it acknowledged was "inappropriate" targeting of conservative political groups during the 2012 election to see if they were violating their tax-exempt status. IRS agents singled out dozens of organizations for additional reviews because they included the words "tea party" or "patriot" in ...
April surplus of $113B lowers US budget deficit
The U.S. government reported a rare surplus of $113 billion for April — the largest in five years and a sign of the nation's improving finances. Steady economic growth and higher tax rates have boosted the tax revenue in recent months, keeping this year's annual budget deficit on pace to ...
Public school advocates attack NC education bills
Public education advocates in North Carolina say proposals in the General Assembly would deal a major blow to a system that's already hurting. Former Congressman and State Superintendent Bob Etheridge joined about 30 teachers and parents Friday to raise awareness about legislation they said will harm instruction, student preparedness and ...
Star Ohio tax witness paid $150K a year by trust
An Ohio Statehouse witness on tax and economic issues who's relied upon for his objectivity draws a hefty stipend from a conservative trust fund, an Associated Press review has found. Retired Ohio University economics professor Richard Vedder has been paid a $150,000 annual consulting fee through the Alexandria, Va.-based Donors ...
Who gets Alabama school tax credits unresolved
Parents with children already in private school will have to wait to find out if they will qualify for Alabama's new private school tax credits. The Alabama Legislature has decided not to address the issue and is leaving it to the state tax agency to interpret who will get the ...
Alabama legislators wrap up state budgets
The Alabama Legislature wrapped up work on both state budgets Thursday, including passing a nearly $5.8 billion education budget for the coming school year that will fund a 2 percent pay raise for K-12 employees, give extra money to all levels of education, and expand the state's pre-kindergarten program. The ...
Legislature OKs changes to school tax credit law
The Alabama Legislature has approved legislation that says private schools and non-failing public schools don't have to accept students transferring from failing public schools. On Thursday, the Senate voted 21-12 and the House 61-41 for a bill making changes to the Alabama Accountability Act, which provides tax credits for parents ...
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