Tax Law

Recent Posts

State Net Capitol Journal – September 23, 2013; New Jersey Overhauls Corporate Tax Breaks
Posted on 23 Sep 2013 by State Net

Budget & Taxes NJ OVERHAULS CORPORATE TAX BREAKS: Looking to spur job growth in the Garden State, New Jersey Gov. Chris Christie (R) signed legislation last week to expand the state's corporate tax incentives. Under AB 3680, the New Jersey... Read More

State Net Capitol Journal – May 5, 2014; NY and NJ Could Be Denied $1B-$2B In Sandy Relief
Posted on 5 May 2014 by State Net

Budget & Taxes NY AND NJ COULD BE DENIED $1B-$2B IN SANDY RELIEF: In 2013, after a contentious debate, Congress approved about $60 billion in aid for the victims of Superstorm Sandy. Roughly $15 million of that went to the U.S. Department of Housing... Read More

State Net Capitol Journal – November 18, 2013: States Turning To Tolls
Posted on 18 Nov 2013 by State Net

Budget & Taxes STATES TURNING TO TOLLS: With the federal gas tax not having budged in 20 years and Americans driving less and in more fuel-efficient vehicles, states are increasingly turning to an alternate revenue source to pay for road construction... Read More

State Net Capitol Journal – March 10, 2014; 2013 (Sort Of) 'Year Of Tax Reform'
Posted on 10 Mar 2014 by State Net

Budget & Taxes 2013 (SORT OF) 'YEAR OF TAX REFORM': Early last year many predicted 2013 would be "the year of tax reform" in the states, due to the unusually high number of tax measures that had been proposed, a number of which... Read More

State Net Capitol Journal – February 10, 2014; California Needs Bigger Entertainment Tax Credits?
Posted on 10 Feb 2014 by State Net

Budget & Taxes CA NEEDS BIGGER ENTERTAINMENT TAX CREDITS? Hollywood has long been the capital of the film industry. But California Assemblyman Raul Bocanegra (D) said the state needs to boost its film and TV tax incentives to keep productions from... Read More

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

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... Read More

Free the Puppies, Tax a Millionaire
Posted on 20 Jul 2012 by David Brunori

When I was a progressively minded editorial writer, I was never opposed to higher income taxes. I come from a long line of Brunoris who knew neither terrible poverty nor great wealth. It was easy to shrug off attempts to tax people who were better off... Read More

President Romney's Tax Reform
Posted on 18 Sep 2012 by Martin A. Sullivan

If elected president, Mitt Romney will have to make some adjustments to his tax plan. For now he is saying that he wants to lower rates across the board by 20 percent and entirely offset the cost by scaling back tax expenditures unrelated to investment... Read More

Apple Sidesteps Taxes – What’s Wrong With That?
Posted on 1 May 2012 by Christopher Bergin

A front-page article in Sunday's New York Times (" How Apple Sidesteps Billions in Taxes ") is getting quite the buzz. A couple of things about the article. While the Times piece recognizes that there is nothing illegal about the techniques... Read More

Tax Mitigation-Avoidance-Evasion
Posted on 5 Jun 2012 by Allison Christians

"Tax avoidance involves arrangement of a transaction in order to obtain a tax advantage, benefit, or reduction in a manner unintended by the tax law. It is an unacceptable manipulation of the law which is unlike legitimate tax mitigation. Mitigation... Read More

State Net Capitol Journal – February 18, 2013
Posted on 19 Feb 2013 by State Net

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... Read More

State Net Capitol Journal – May 14, 2012
Posted on 14 May 2012 by State Net

Budget & Taxes STATES' FISCAL HEALTH CONTINUING TO IMPROVE: State fiscal conditions are continuing their slow and mostly steady improvement, according to the National Conference of State Legislatures' Spring 2012 budget update. For the... Read More

State Net Capitol Journal – May 7, 2012
Posted on 7 May 2012 by State Net

SNCJ Spotlight With Congress stalled, states work their own "Amazon tax" deals Like millions of Americans these days, Dena Davidson buys a lot of products online. From birthday gifts to home furnishings, she eschews crowded malls at... Read More

State Net Capitol Journal – December 17, 2012
Posted on 18 Dec 2012 by State Net

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... Read More

The GOP Offers a Sound Tax Reform Program in South Carolina
Posted on 10 Mar 2012 by David Brunori

The Republicans in the South Carolina House are preparing a significant reform plan that will vastly improve the state's tax system. Although details are sketchy, the plan will broaden the sales tax base by eliminating two thirds of the exemptions... Read More