Latest State taxes News

Amazon dumped New York, but cities still wooing the company

Feb. 15, 2019 5:24 PM EST

Amazon's breakup with New York was still fresh when other cities started sending their own valentines to the online giant. Officials in Newark, New Jersey, one of the 18 finalists that Amazon rejected in November when it announced plans to put its new headquarters in New York and northern Virginia, sent a giant...

Amazon decision a win for Democrats' rising left wing

Feb. 15, 2019 12:28 PM EST

WASHINGTON (AP) — What is happening to the Democrats? Captivated by a handful of liberal superstars, they are venturing where the party has long feared to tread: Steep taxes on the rich. Abolishing an immigration enforcement agency. Proposing "economic transformation" to combat climate change. Gleefully...

Amazon dumps NYC headquarters and its promised 25,000 jobs

Feb. 15, 2019 7:26 AM EST

NEW YORK (AP) — Amazon abruptly dropped plans Thursday for a big new headquarters in New York that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to the nearly $3 billion in incentives promised to what is already one of the world's richest, most...

Youth programs left wanting by California marijuana law

Feb. 14, 2019 9:27 PM EST

LOS ANGELES (AP) — When California voters legalized marijuana, they were promised that part of the tax revenue from pot sales and cultivation would be devoted to programs to teach youth how to avoid substance abuse. But more than a year after the start of sales, there's no money for those programs and...

The Latest: Arlington says it's sticking to its Amazon plans

Feb. 14, 2019 8:07 PM EST

NEW YORK (AP) — The Latest on the decision by Amazon to dump New York City as a location for a new headquarters (all times local): 3:20 p.m. Arlington, Virginia, doesn't expect its plans to build a new Amazon headquarters to change, even though Amazon has scuttled a plan to build a headquarters in New...

Unclaimed $1.5B prize: South Carolina could be big loser too

Feb. 14, 2019 5:02 PM EST

COLUMBIA, S.C. (AP) — The winner of a $1.54 billion lottery jackpot in South Carolina has yet to come forward. That means the state of South Carolina might be a big loser too. Economic officials on Thursday removed the estimated $61 million windfall the winner was expected to pay in state income taxes from...

California governor wants users to profit from online data

Feb. 13, 2019 9:31 PM EST

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom has set off a flurry of speculation after he said the state's consumers should get a piece of the billions of dollars that technology companies make by capitalizing on personal data they collect. The new governor has asked aides to develop a proposal...

Medical pot sales in Oklahoma top $4.3 million in January

Feb. 13, 2019 8:26 AM EST

OKLAHOMA CITY (AP) — Numbers from the Oklahoma Tax Commission show medical marijuana sales topped $4.3 million in January, a four-fold increase from the previous month. The agency released figures on Tuesday that show the 7 percent tax on medical marijuana sales generated $305,265 in January. That figure...

Iowa's Sen. Ernst repays $1,900 tax break claimed in error

Feb. 12, 2019 2:11 PM EST

DES MOINES, Iowa (AP) — Sen. Joni Ernst of Iowa repaid $1,900 to the Office of Tax and Revenue two days after a newspaper questioned her about a tax break she had been claiming on her condo in Washington for years. Ernst wrote a check for the agency's Washington, D.C., office last week, according to the...

State's top economic development chief defends Amazon deal

Feb. 12, 2019 12:43 PM EST

ALBANY, N.Y. (AP) — The Cuomo administration's top economic development official defended the deal to bring one of Amazon's second headquarters to Queens, telling state lawmakers Tuesday that the project is "unprecedented" in New York state history in terms of jobs it could create and tax revenues it could...