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State Net Capitol Journal – New York Governor Andrew Cuomo Proposes $2 Billion In Tax Relief

Budget & Taxes NY GOV CUOMO PROPOSES $2B IN TAX RELIEF: Last week, ahead of his State of the State address, Gov. Andrew Cuomo (D) announced a $2 billion tax relief proposal that sent the clear message New York's status as a high-tax state will no longer be tolerated. The proposal's assortment...

State Net Capitol Journal – June 2, 2014; Pennsylvania Gambling Played Out?

Budget & Taxes PA GAMBLING PLAYED OUT? Born only eight years ago, Pennsylvania's gambling industry may already have reached maturity. The state legalized gambling in 2004. Its first two casinos opened in 2006. Four more opened the following year. Another two opened two years after that. And...

State Net Capitol Journal – August 18, 2014; Federal High-Speed Rail Investment Generating Lackluster Returns

Budget & Taxes FEDERAL HIGH-SPEED RAIL INVESTMENT GENERATING LACKLUSTER RETURNS: In his 2011 State of the Union address, President Barack Obama spoke of a future in which sleek bullet trains whisk passengers all about the country at speeds of over 200 m.p.h. "Within 25 years, our goal...

State Net Capitol Journal – September 22, 2014; States Keeping Eye On Billionaires

Budget & Taxes STATES KEEPING EYE ON BILLIONAIRES: When the wealthiest Americans sell large quantities of stock or suffer big losses, it can have a significant impact on the finances of the states where they reside, especially if those states are small and collect taxes on income or capital gains...

State Net Capitol Journal – October 20, 2014; Gas Tax 'On the Table' In NJ

Budget & Taxes GAS TAX 'ON THE TABLE' IN NJ: Since pledging in 2011 to use more cash and less debt to pay for his state's transportation needs, New Jersey Gov. Chris Christie (R) has put only $66 million of the $1.2 billion he pledged to put into the state's transportation fund...

State Net Capitol Journal – November 3, 2014; Massachusetts Casino Study At Odds With Experience Of Other States

MA CASINO STUDY AT ODDS WITH EXPERIENCE OF OTHER STATES: Supporters of a November ballot measure in Massachusetts (Question 3) aimed at repealing the 2011 law authorizing as many as three resort casinos and a slots parlor in the state issued a press release last month predicting the law would reduce...

State Net Capitol Journal – November 10, 2014; North Carolina Department of Transportation Looking For Ways To Boost Earnings

NC DOT LOOKING FOR WAYS TO BOOST EARNINGS: North Carolina's Department of Transportation wants to start operating more like a business. It's already planning to sell advertising and naming rights for DOT ferry boats and highway-helper trucks to help defray its operating costs. And the state's...

State Net Capitol Journal – September 21, 2015; Legislators Press for Federal Firefighting Funding Change

Budget & Taxes Legislators Press for Federal Firefighting Funding Change Last month the National Conference of State Legislatures unanimously passed a resolution authorizing the organization to lobby Congress to provide funding for catastrophic fires the same way it does for hurricanes or floods...

State Net Capitol Journal – October 19, 2015; Denver to Consider Local Tax for Higher Ed

Budget & Taxes Denver to Consider Local Tax for Higher Ed A measure bound for Denver, Colorado’s Nov. 3 ballot would raise the city’s sales tax to help local college students cover the rising cost of their tuition. Supporters of Measure 2A - who include Denver Mayor Michael Hancock...

State Net Capitol Journal – November 23, 2015; Trouble with Tax Cut ‘Triggers”

Budget & Taxes Trouble With Tax Cut ‘Triggers” In January, nearly every Oklahoma taxpayer earning more than $9,000 a year will receive a break on their state income taxes, thanks to a tax cut “trigger” the state instituted two years ago. Unfortunately, due largely to...