Government taxation and revenue
Iowa lawmakers close to ending legislative session
The Iowa Senate adjourned the 2013 legislative session late Wednesday night, but the House was set to return Thursday for more votes. Lawmakers seemed to be moving to conclusion Wednesday after reaching deals to cut property taxes, revise education policy and provide health care for low-income residents. But while the ...
Broke no laws, IRS official says - then takes 5th
At the center of a political storm, an Internal Revenue Service supervisor whose agents targeted conservative groups swore Wednesday she did nothing wrong, broke no laws and never lied to Congress. Then she refused to answer lawmakers' further questions, citing her Fifth Amendment right not to incriminate herself. In one ...
Senate Democrats offer slew of Ohio budget changes
Democrats in the Ohio Senate suggested Wednesday that budget writers take millions of dollars from a proposed income tax cut for higher wage earners and direct it to schools instead, as work intensified on the state's spending plan. The idea is among roughly 200 amendments that Democratic senators are offering ...
Cuomo: Create tax-free zones around SUNY campuses
High-tech businesses from other states and abroad that move onto or next to college campuses in New York would operate free of all business, property and personal income taxes for 10 years under a proposal released Wednesday by Gov. Andrew Cuomo. Cuomo said the plan would create jobs in a ...
Board OKs petition form for abortion proposal
An anti-abortion group seeking to ban Michigan health insurance plans from covering abortions without a supplemental policy cleared an early hurdle Wednesday in its effort to take the proposal to voters, even without Republican Gov. Rick Snyder's approval. Snyder vetoed similar legislation last year, citing concerns about government overreach in ...
Cleveland fair-housing advocate facing tax counts
A fair-housing advocate in Cleveland has been charged with tax fraud for allegedly trying to avoid taxes on $500,000 in income and keeping $80,000 in federal taxes withheld from employees. U.S. Attorney Steve Dettelbach (DEHT'-ehl-bahk) said 62-year-old Edward Kramer was charged Wednesday with 10 counts in a court filing which ...
Most NY school district budgets OK'd by voters
New Yorkers voting on school budgets for next year have approved nearly all of the proposals containing tax increases within state-imposed taxing limits. Budgets that proposed bigger tax increases mostly failed. More than 630 school budgets, about 96 percent, were approved around the state, a preliminary analysis by the New ...
Arizona Senate advances bills for religious groups
A little religion could soon go a long way in avoiding unpopular government mandates. The Arizona Senate passed a trio of bills Wednesday that seek to lower property taxes for religious institutions and make it easier for some people to sue over the First Amendment, much to the chagrin of ...
EU steps up fight against tax evasion by end 2013
The European Union's leaders took a major step in tackling tax-dodgers Wednesday by pushing to end bank secrecy across the bloc's 27 members by the end of the year. German Chancellor Angela Merkel hailed the agreement to set up an automatic exchange of bank information among the EU's tax authorities ...
GOP questions IRS scrutiny of anti-abortion groups
When a small anti-abortion group in Iowa sought nonprofit status, the Internal Revenue Service asked its board to promise not to organize protests outside Planned Parenthood and demanded to know how its prayer meetings and protest signs were educational. Although the Coalition for Life of Iowa's application was ultimately approved ...
Republican divisions may hinder party's momentum
A string of unrelated events is highlighting divisions among Republicans just when they'd like to show a united front and take full advantage of President Barack Obama's latest political problems. Tensions between libertarian-leaning and more mainstream Republicans were on vivid display Tuesday as Sens. Rand Paul and John McCain clashed ...
Apple case seen as possible spur to tax action
Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law. At a hearing ...
Gov. Snyder, GOP lawmakers agree to budget targets
Republican Gov. Rick Snyder and leaders of the GOP majority in the Legislature reached a budget agreement Tuesday for next fiscal year that doesn't include an expansion of government health insurance for low income-adults and puts Michigan's unexpected surplus toward funding roads and K-12 education. Lawmakers have an extra $700 ...
Dem tax plan pulled; Senate debate degenerates
A debate over education funding turned bitter on the Nevada Senate floor Tuesday when Democrats accused Republicans of not wanting to compromise on taxes and the GOP minority leader chastised the majority for failed leadership. The finger pointing during a 90-minute session began when Democratic Majority Leader Mo Denis, D-Las ...
Wind energy tax measure headed to final Neb. vote
A plan aimed at attracting wind-energy farms to Nebraska is headed to a final vote in the Legislature. Lawmakers gave second-round approval Tuesday to the bill, which would extend sales tax exemptions to wind-energy companies. One firm, TradeWind Energy, has expressed interest in developing a wind farm in Dixon County, ...
Highlights from around the Capitol
Seeking to help the state's youngest students develop nutritious habits, Texas lawmakers on Tuesday approved banning the sale of sugary drinks in public elementary and junior high schools. In a 24-6 vote, the Senate advanced a bill that would limit beverage choices to water, low-fat milk and pure juice. Its ...
Kan. legislators move forward on budget, taxes
Kansas lawmakers agreed Tuesday to a compromise plan on the state's proposed $14.5 billion budget, potentially setting up a key test vote if negotiators reach a deal on taxes. The budget deal strikes a compromise on higher education spending, making a 1.5 percent cut in 2014 and again in 2015 ...
Minn. to help pay Mpls. downtown library debt
The state of Minnesota will give Minneapolis about $33 million over several years to help pay off debt on the downtown library. The money was a last-minute addition to the state tax bill at the Legislature. DFL Rep. Jim Davnie of Minneapolis tells the Star Tribune (http://bit.ly/16MxIOK) the provision will ...
Minn. session '13: What got done, what didn't
Minnesota state lawmakers promised when the legislative session began that their top priority was setting a new state budget. To that end, they produced a $38.3 billion two-year spending plan that hikes taxes on top income earners and on cigarettes, and distributes hefty spending increases to public schools, freezes tuition ...
2 W.Va. staffing agency execs plead to tax evasion
Two staffing agency executives have pleaded guilty to federal employment tax evasion charges. U.S. Attorney Booth Goodwin says 60-year-old Daniel Hovis and 63-year-old Janice Hensley each pleaded guilty Tuesday in federal court in Charleston to failure to pay trust fund taxes. Hovis is president of Career Search One Inc. Hensley ...
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