LexisNexis® Legal Newsroom
Nuclear Tax Incentives in Proposed American Power Act

Proposed legislation would provide valuable nuclear energy tax incentives and enhance currently available incentives. On May 12, 2010, Senators John Kerry (D-MA) and Joe Lieberman (I-CT) released their proposed comprehensive energy and climate change bill. For more information about the proposed...

They Don’t Call It Country and Western Anymore

ABC Studios is going to do a television series called Nashville . The show will, appropriately, be about the country music scene. Nashville is the home of country music. In fact, the city calls itself "music city." It is the home of the Country Music Hall of Fame, the Grand Ole Opry, and the...

State Net Capitol Journal – December 17, 2012

Budget & Taxes BUSINESS INCENTIVES BIG NEWS: Corporate tax incentives have featured prominently in the headlines following The New York Times' series last month criticizing the deals. Much of the news has been critical of the Times' piece. In a guest column on MLive.com entitled "NY...

State Net Capitol Journal – December 17, 2012

Budget & Taxes BUSINESS INCENTIVES BIG NEWS: Corporate tax incentives have featured prominently in the headlines following The New York Times' series last month criticizing the deals. Much of the news has been critical of the Times' piece. In a guest column on MLive.com entitled "NY...

Art Tax Law: A Double-Hedged Sword

How Art Tax Law Is a Decisive Tool To Promote, Or Demote, Global Art Market Hubs The art market is booming. It only took 18 months for it to recover from a severe contraction, from October 2008 to the summer of 2009. The powerful surge by China, combined with a rise in fine art sales, particularly...

State Net Capitol Journal – February 18, 2013

Budget & Taxes STILL NO SEQUESTER DEAL IN SIGHT: In his State of the Union address last week, President Obama said both Democrats and Republicans agree that the $1.2 trillion in across-the-board spending cuts known as the sequester "are a really bad idea." But Democrats and Republicans...

Soviets Run Mississsippi, Planned Economies and All

My friends at Good Jobs First released a report on Mississippi tax incentives recently that liberals, small government conservatives, and libertarians should find appalling... First, this is the epitome of government intrusion in the marketplace. A bunch of Mississippi politicians deciding what economy...

Worst Idea of the Year? Cuomo Wins by a Landslide

... [T]he worst example of political destruction of tax policy ideals comes from New York and Governor Andrew Cuomo. New York still faces relatively high unemployment, around 7.8 percent . Many parts of the state, particularly outside the city, are economically depressed. And my friends at the Tax Foundation...

State Net Capitol Journal – December 16, 2013; Budget and Taxes: States Rush to Land Boeing

Budget & Taxes STATES RUSH TO LAND BOEING: After Washington machinists rejected a contract last month that would have guaranteed Boeing's planned 777X airliner would be built in that state, the company decided to explore other options for its 777X manufacturing center. And states have been...

State Net Capitol Journal – June 16, 2014; Battle Royal Over Hollywood Tax Breaks In States

Budget & Taxes SNCJ SPOTLIGHT: The bulk of the filming for the 2011 Hollywood blockbuster "Battle: Los Angeles" wasn't actually done in Los Angeles. It took place in Baton Rouge and Shreveport, Louisiana. And only six days of shooting for the upcoming "San Andreas," about...