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Obama vs. Romney: What It Means for the Estate Tax - Will It be Eliminated or Renewed?

The December 31, 2012 sunset date for the estate tax, as provided by the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, is once again quickly approaching, and in typical fashion there is a divide over what the fate of the estate tax should be. With the Obama and Romney...

State Net Capitol Journal – May 6, 2013

Budget & Taxes AK GAMBLES ON OIL TAX CUT: A domestic energy production boom has put the United States on track to become the world's biggest oil producer by the end of the decade. But Alaska, once the nation's oil king, is getting left behind in that expansion, due largely to declining...

State Net Capitol Journal – August 19, 2013; State Budgets Better...For Now

Budget & Taxes STATE BUDGETS BETTER...FOR NOW: This year was a good one for most state budgets, with revenues up by over 5 percent, far better than most observers predicted. That's the good news. The less good news is that, according to a report issued last week by the National Conference...

State Net Capitol Journal – March 17, 2014; Colorado Recreational Pot Sales Trail Estimates

Budget & Taxes CO RECREATIONAL POT SALES TRAIL ESTIMATES: In January, Colorado's first month of legalized recreational marijuana sales, the state took in slightly over $2 million in associated taxes, according to a press release last week from the state's Department of Revenue. That total...

State Net Capitol Journal – March 9, 2015; Louisiana Governor Proposes Tax-Credit Changes

Budget & Taxes LA GOV PROPOSES TAX-CREDIT CHANGES: Louisiana Gov. Bobby Jindal's (R) administration proposed a 2016 budget last month that included deep cuts that would close community health clinics and historic sites, as well as force more belt-tightening at the state's colleges and...