Tax Law

Recent Posts

State Net Capitol Journal – November 4, 2013; Budget & Taxes: Medicaid Outpaces Private Insurance In ACA's Opening Weeks
Posted on 4 Nov 2013 by State Net

Budget & Taxes MEDICAID OUTPACES PRIVATE INSURANCE IN ACA'S OPENING WEEKS: In May the Congressional Budget Office projected that as a result of the Affordable Care Act, nine million more Americans would enroll in Medicaid in 2014 and seven... Read More

State Net Capitol Journal – February 2, 2015; Suit Blames Morgan Stanley For Detroit's Fiscal Crisis
Posted on 2 Feb 2015 by State Net

Budget & Taxes SUIT BLAMES MORGAN STANLEY FOR DETROIT'S FISCAL CRISIS: The Wall Street investment firm that has already agreed under settlements with U.S. government regulators to pay over $1.5 billion for its part in the subprime mortgage... Read More

State Net Capitol Journal – November 25, 2013; Budget & Taxes: Alabama Bond Sale May Establish Bankruptcy Template
Posted on 25 Nov 2013 by State Net

Budget & Taxes AL BOND SALE MAY ESTABLISH BANKRUPTCY TEMPLATE: Jefferson County, Alabama sold $1.8 billion in bonds this month. What's particularly noteworthy about that is the county has been in bankruptcy since November 2011, after defaulting... Read More

State Net Capitol Journal – January 19, 2015; Supreme Court To Decide Fate Of Colorado Taxpayer's Bill of Rights
Posted on 20 Jan 2015 by State Net

Budget & Taxes SUPREME COURT TO DECIDE FATE OF CO TABOR: Colorado's Taxpayer's Bill of Rights — requiring lawmakers to obtain voter approval to raise taxes and to issue refunds to taxpayers when revenues grow faster than inflation... Read More

State Net Capitol Journal – November 11, 2013: Tech Industry Curbs Taxes
Posted on 11 Nov 2013 by State Net

Budget & Taxes TECH INDUSTRY CURBS TAXES: As the nation's economy has shifted from goods-based to service-based, some states have sought to counter the resulting revenue hit by taxing technological services like the updating of computer software... Read More

State Net Capitol Journal – October 21, 2013; States Debate Benefit Of Red-Light Cameras
Posted on 21 Oct 2013 by State Net

Budget & Taxes STATES DEBATE BENEFIT OF RED-LIGHT CAMERAS: Communities in 24 states now have at least one red-light camera, according to the Governors Highway Safety Association. But whether those cameras have made the communities' intersections... Read More

State Net Capitol Journal – January 14, 2013
Posted on 14 Jan 2013 by State Net

Budget & Taxes HEALTH REFORM LAW DOESN'T HALT MAJOR RATE HIKES: One of the main objectives of the Affordable Care Act was to stem the rising cost of health insurance for American consumers. But that hasn't stopped health insurance companies... Read More

State Net Capitol Journal – August 20, 2012
Posted on 21 Aug 2012 by State Net

Budget & Taxes MA LEADS WAY AGAIN ON HEALTH REFORM: Massachusetts' 2006 health care reform law - upon which the federal Affordable Care Act was patterned - has arguably achieved its primary aim of reducing the number of residents without health... Read More

State Net Capitol Journal – December 10, 2012
Posted on 13 Dec 2012 by State Net

Budget & Taxes GOVERNMENTS PAYING PRICE FOR CORPORATE INCENTIVES: States, counties and cities are handing out more than $80 billion in incentives to companies each year, according to an investigation by The New York Times. But a full accounting... Read More

Obamacare Survives Under Power of Taxation
Posted on 29 Aug 2012 by Deanne Morton

In the Supreme Court's decision in National Federation of Independent Business v. Sebelius, 132 S. Ct. 2566 (June 28, 2012) , the Court determined the constitutionality of the most controversial provision of the Patient Protection and Affordable Health... Read More

Proposed Regs Clarify Charitable Hospital Organization Requirements
Posted on 17 Jul 2012 by Patricia Tyler

The Patient Protection and Affordable Care Act added IRC Section 501(r) , which imposes detailed conditions on a hospital organization seeking exemption under IRC Section 501(c)(3) . In addition to satisfying the requirements of IRC Section 501(c)(3)... Read More

Is Tax Litigation Irrational?
Posted on 27 Mar 2012 by Asbury Law Firm

According to Supreme Court barrister Robert A. Long it may well be. Our beloved world of tax litigation had its 15 minutes of fame this morning as the first argument challenging President Obama's health care law involved the applicability of the... Read More

State Net Capitol Journal – August 20, 2012
Posted on 21 Aug 2012 by State Net

Budget & Taxes MA LEADS WAY AGAIN ON HEALTH REFORM: Massachusetts' 2006 health care reform law - upon which the federal Affordable Care Act was patterned - has arguably achieved its primary aim of reducing the number of residents without... Read More

State Net Capitol Journal – January 14, 2012
Posted on 14 Jan 2013 by State Net

Budget & Taxes HEALTH REFORM LAW DOESN'T HALT MAJOR RATE HIKES: One of the main objectives of the Affordable Care Act was to stem the rising cost of health insurance for American consumers. But that hasn't stopped health insurance companies... Read More

State Net Capitol Journal – December 10, 2012
Posted on 13 Dec 2012 by State Net

Budget & Taxes GOVERNMENTS PAYING PRICE FOR CORPORATE INCENTIVES: States, counties and cities are handing out more than $80 billion in incentives to companies each year, according to an investigation by The New York Times. But a full accounting... Read More