State and local tax news — from state income tax quirks to property tax fights, because not all tax battles happen in Washington.
Who says tax amnesty doesn’t work? The cash-strapped City of Philadelphia expects to meet its goal of collecting between $25 and $30 million during its Tax Amnesty Program… and it just got a little bit closer. According to the Philadelphia Inquirer, the City received a single taxpayer payment of $2 million. That represents more than…
You can say goodbye to those creepy ads… Pennsylvania’s tax amnesty program ends today (June 18). Those taxpayers who chose to participate can avoid penalties and will pay only half the interest. Those taxpayers who didn’t participate will not only have the normal penalties and interest but will get an additional 5% penalty. Even worse?…
In an era of shrinking tax revenues, most states are rushing to raise funds by increasing rates and simply taxing more stuff. Rhode Island, however, has a different idea. The tiny New England state may be geographically the smallest in the country but it has big plans to make the state more attractive to business….
I was thrilled to be asked by the folks at Forbes to follow up on my tax amnesty piece that was posted here on taxgirl. You can read my take here.
Remember Pennsylvania Gov. Ed Rendell’s (D) gutsy move to avoid a “financial tsunami” (yes, his words) in the state? It’s not going to work. With little fanfare, he pulled the plug on the plan yesterday, calling it “very complex” (that’s government speak for: they’re onto us for cutting tax rates but expanding the tax base)…
New Jersey Governor Chris Christie (R) wasn’t kidding when he claimed he would veto the so-called “millionaire’s tax” bill. Moments after the Senate passed the bill on a 46-32 vote, Senate President Steve Sweeney walked the bill down to Gov. Christie, who was waiting with his veto pen. Christie vetoed the bills immediately. Christie’s official…
Some find Pennsylvania’s tax amnesty ads too scary – featuring interviews with the fabulous Joe Kristan and well, me.
I woke up this morning to grumblings on Facebook about Philadelphia’s budget deal: a “temporary” 9.9% increase in property taxes. The “temporary” (cause who really believes it will be temporary?) increase is an effort to plug a $150 million deficit in the city’s budget. The boost was approved by City Council and Mayor Nutter is…
In a remarkable change, South Carolina has voted to increase its cigarette tax for the first time since 1977. Well, sort of for the first time. The legislature originally increased the cigarette tax earlier in the month. But it was subsequently vetoed by Governor Sanford (R-SC). Today, however, the legislature managed to override the veto,…
Well, one thing we know about Sanford (alrighty, two, if you count the whole cheating on his wife and lying about it bit) is that he keeps his word… to the legislature. The governor of South Carolina vetoed a bill yesterday that would have increased the cigarette tax in the state by 50 cents. The…