Latest State taxes News

Editorial Roundup: Minnesota

May. 25, 2022 17:41 PM EDT

Minneapolis Star-Tribune. May 20, 2022. Editorial: Better dealmaking at the Capitol Saving a chunk of surplus is prudent as the legislative session heads to the finish line. An end-of-session deal that promises to make needed investments in Minnesota...

Indiana governor eyes 'inflationary relief,' not gas tax cut

May. 25, 2022 16:08 PM EDT

INDIANAPOLIS (AP) — Indiana’s governor said Wednesday he was preparing a plan to potentially tap into the growing state budget surplus to help residents with the national inflation jump, while rejecting calls for suspending state gas taxes. Democrats have been calling since March...

Maryland lawmakers: Cutting tax won't fix high gas prices

May. 25, 2022 15:23 PM EDT

ANNAPOLIS, Md. (AP) — Top Maryland lawmakers said Wednesday that eliminating a scheduled gas-tax increase of more than 6 cents this summer won't solve the problem of high gas prices and would set back efforts to maintain infrastructure. With gas now priced at about $4.60 a gallon...

Iowa Legislature ends session known for big tax cuts

May. 25, 2022 14:47 PM EDT

DES MOINES, Iowa (AP) — Iowa lawmakers ended their legislative session early Wednesday, about five weeks behind schedule because of a dispute over education spending. The Senate and House adjourned just after midnight without reaching agreement on Gov. Kim Reynolds' proposal to...

Strong oil prices to spur higher taxes for ND drillers

May. 25, 2022 13:27 PM EDT

BISMARCK, N.D. (AP) — North Dakota oil producers almost certainly will be paying higher state taxes for at least three months beginning June 1 due to strong oil prices, the state tax commissioner said Wednesday. The increase in state oil tax collections, estimated at more than $30...

Editorial Roundup: Indiana

May. 24, 2022 16:21 PM EDT

Anderson Herald Bulletin. May 23, 2022. Editorial: Outbreak of Legionnaires’ may be costly to state Outbreaks of Legionnaires’ disease in prisons are occasionally downplayed by the officials in charge of penal institutions. Earlier this year, it was...

SC budget negotiators have almost $1B more to talk about

May. 24, 2022 16:08 PM EDT

COLUMBIA, S.C. (AP) — The South Carolina lawmakers negotiating big gap s between the House and Senate versions of the state budget received a big gift Tuesday as the state's economy continued to do better than predicted. South Carolina can now expect to have about $950 million more...

Report says North Dakota's 2022 economic outlook is strong

May. 24, 2022 15:07 PM EDT

BISMARCK, N.D. (AP) — The latest economic outlook report for North Dakota is showing continued improvement for 2022, despite a national economy that shrank in the first quarter and is showing signs of entering a recession. The quarterly report by the University of North Dakota...

Editorial Roundup: Michigan

May. 23, 2022 17:19 PM EDT

Detroit News. May 21, 2022. Editorial: Tax cuts are better than tax rebates Michigan finds itself in the rare spot of having more money coming into the state budget than it needs to run the state. Both Republican legislative leaders and Democratic Gov. Gretchen...

Kansas looking at $50M for businesses restricted over COVID

May. 23, 2022 17:18 PM EDT

TOPEKA, Kan. (AP) — Kansas is moving to provide $50 million in relief to businesses such as bars, gyms and hair salons that were forced by state or local officials to shut down or restrict their operations during the first weeks of the coronavirus pandemic. The...