OKLAHOMA CITY (AP) — Sales of medical marijuana in Oklahoma topped $73 million last month, the highest monthly total yet, the Oklahoma Tax Commission reported on Monday.
MADISON, Wis. (AP) — Visitors spent $13.7 billion in Wisconsin last year, up 2.6% from 2018 and marking ten straight years of spending growth in the tourism sector, according to a report the state...
GILLETTE, Wyo. (AP) — The new owner of two Wyoming coal mines has reached an agreement to pay $44 million in local taxes.
The taxes are owed to Campbell County for production at the Antelope...
SALT LAKE CITY (AP) — The price tag of the new Salt Lake City International Airport has increased to $4.1 billion, officials said.
The Airport Advisory Board has received an update of a new...
MADISON, Wis. (AP) — Wisconsin residents continue to spend less of their income on taxes, according to a new report from the Wisconsin Policy Forum.
WASHINGTON (AP) — The Democratic-controlled House approved legislation Thursday to suspend for two years the $10,000 cap on state and local tax deductions that came with President Donald Trump’s...
TRENTON, N.J. (AP) — A super-majority of New Jersey lawmakers on Monday passed a proposed ballot question to legalize recreational marijuana, putting the referendum before voters on the 2020...
NEW YORK (AP) — Four states want a federal appeals court to revive their lawsuit challenging the federal tax overhaul that limited how much can be deducted in state and local taxes.
SANTA FE, N.M. (AP) — A panel of legislators delved into the uncertain market economics of legalizing recreational marijuana and thorny concerns about public health on Wednesday, in a prelude to a...
WASHINGTON (AP) — President Donald Trump says he will be making Palm Beach, Florida, his permanent residence after he leaves the White House, rather than returning to Trump Tower in New...
WASHINGTON (AP) — The Senate on Wednesday rejected a Democratic attempt to give relief to people hit hardest by new limits on how much of their state and local tax bill they can deduct from...
WASHINGTON (AP) — Senate Democrats are attempting to repeal an IRS regulation that is designed to keep people from exceeding the $10,000 limit on state and local tax deductions.
TOPEKA, Kan. (AP) — Gov. Laura Kelly is discounting Republican calls to rescind a policy requiring out-of-state online businesses to collect sales taxes on sales in Kansas and remit the tax to the...
NEW YORK (AP) — A federal judge in New York has ruled that the 2017 federal tax overhaul's cap on state and local tax deductions was not an "unconstitutional assault" on the sovereignty of...
TOPEKA, Kan. (AP) — Kansas' Republican attorney general declared Monday that Democratic Gov. Laura Kelly's administration lacked the legal authority to impose what some experts see as the nation's...
HARTFORD, Conn. (AP) — In a story Aug. 26 about an analysis of local property taxes in Connecticut, The Associated Press, relying on figures provided by the Connecticut Conference of...
SACRAMENTO, Calif. (AP) — A proposal to make it easier for local California governments to raise taxes or issue bonds for infrastructure projects has failed in the state Assembly.
TOPEKA, Kan. (AP) — Kansas plans to impose what some tax experts said Wednesday would be the nation's most aggressive policy for collecting state and local taxes on online sales, possibly inviting...
LANSING, Mich. (AP) — Michigan officials have signed off on nearly $93 million in tax incentives to help Fiat Chrysler open the first assembly plant in Detroit in decades.
The Treasury Department issued final rules Tuesday that would clamp down on taxpayers trying to circumvent a new cap on state and local tax deductions.
LOS ANGELES (AP) — The legal marijuana industry urged Los Angeles City Hall on Monday to get tougher with illegal shops that are gouging their businesses in open sight.
CASPER, Wyo. (AP) — A troubled Wyoming coal-mining company has paid nearly $700,000 in property taxes but still owes millions in other local taxes.
ATLANTIC CITY, N.J. (AP) — New Jersey's beaches, casinos, forests and cities attracted tourists who spent nearly $45 billion in 2018.
Democratic Gov. Phil Murphy said tourism spending in New...
OLYMPIA, Wash. (AP) — Washington lawmakers reached a deal to lift the state's "levy lid" in a late vote Sunday, blunting a tightening of limits on voter-approved local taxes for schools that was...
SACRAMENTO, Calif. (AP) — California's Democratic governor has signed a law requiring companies like Amazon and eBay to collect sales taxes on behalf of some out-of-state sellers.
ALBANY, N.Y. (AP) — New York Gov. Andrew Cuomo is meeting with one of President Donald Trump's top economic advisers to discuss his concerns about the 2017 federal tax overhaul.
SACRAMENTO, Calif. (AP) — California voters could decide in 2020 whether it should be easier for their local governments to raise taxes and issue bonds for affordable housing, road improvements...
ALBANY, N.Y. (AP) — The Democratic governors of New York, Connecticut, New Jersey, Oregon and Illinois are teaming up to fight a provision in the 2017 federal tax overhaul that they say is hurting...
WASHINGTON (AP) — New York Gov. Andrew Cuomo visited the White House on Tuesday to urge President Donald Trump to rethink a provision in the 2017 tax overhaul that Cuomo says is prompting a sharp decline in state revenues.
The Democratic governor met with the Republican president to discuss the $10,000 cap on the federal deduction for state and local taxes — known as SALT.
ALBANY, N.Y. (AP) — New York Gov. Andrew Cuomo will travel to Washington, D.C., this week for a meeting with President Donald Trump to discuss how recent federal tax changes are hurting the state's bottom line.
ALBANY, N.Y. (AP) — New York's income tax receipts are down more than $2 billion so far, creating a significant and serious state budget deficit that is mainly caused by last year's Republican-led federal tax cuts, Democratic Gov. Andrew Cuomo said Monday.
Cuomo said at a state Capitol news conference that the year-old federal law capping a deduction for state and local taxes — known as SALT — at $10,000 is the culprit for a projected $2.3 billion deficit.
SAN FRANCISCO (AP) — California's much-hyped, year-old marijuana industry fell woefully short of expectations in 2018 and industry leaders blame their inability to compete with the state's robust black market, which doesn't pay the taxes and navigate the red tape they do.
So on Monday, several cannabis-industry supporting state lawmakers proposed to slash taxes as a way to jump start California's legal marijuana marketplace.
BATON ROUGE, La. (AP) — ExxonMobil says inconsistencies surrounding Louisiana's Industrial Tax Exemption Program could deter future spending at Baton Rouge plants.
The Advocate reports ExxonMobil said Tuesday that it's dropping its remaining city requests for the program, which offers industrial manufacturers a 10-year break from paying 80 percent of local taxes.
ALBANY, N.Y. (AP) — New York state officials say Sprint will pay $330 million to settle a lawsuit that accused the telecommunication company of dodging more than $100 million in state and local taxes.
Attorney General Barbara Underwood and Acting Tax Commissioner Nonie Manion said Friday the agreement resolves a tax enforcement case brought in 2011.
If you paid a lot of state and local taxes in 2018, buckle up this tax season — new laws cap how much of those payments you can deduct on your federal tax return. That means more of your income could be taxable this year. But before you worry too much, here are a few suggestions from tax pros on how to cope with the changes.
MADISON, Wis. (AP) — A new study finds that Wisconsin's tax burden has dropped to a nearly 50-year low.
The Wisconsin Policy Forum report released Wednesday examines state and local taxes as a share of personal income. The report says that taxes accounted for 10.5 percent of income, down slightly from 10.6 percent last year.
That marks the seventh straight year of declines. It's the lowest level going back to 1970, the earliest on record for the nonpartisan group.
SIOUX FALLS, S.D. (AP) — Airbnb rentals generated more than half a million dollars in tax revenue in South Dakota during the first year of the state's tax deal with the company.
JACKSON, Miss. (AP) — A watchdog group says 68 cities and 14 counties in Mississippi are collecting local taxes on hotel stays and restaurant meals, for purposes such as promoting tourism or development.
Legislators this year authorized another six cities to levy such taxes, and cities could begin collecting them if local voters approve.
CHERRY HILL, N.J. (AP) — Congressman Leonard Lance voted last December with the interests of his northern New Jersey district in mind when he opposed his own party's sweeping tax overhaul.
The cap on deductions for state and local taxes that was part of the Republican plan was bound to mean that many people in the high-tax state would pay more.
"My constituents know I will fight for complete deductibility," he said.
RICHMOND, Va. (AP) — State officials say tourism revenues in Virginia had a record-breaking year in 2017, notching a 4.4 percent increase over 2016.
The Virginia Tourism Corporation said in a news release Wednesday that last year's $25 billion in tourism revenue supported 232,000 jobs and $5.9 billion in salaries and wages. It also supported $1.73 billion in state and local taxes.
PROVINCETOWN, Mass. (AP) — Part-time residents of a Cape Cod town say they want more of a voice in local government issues.
ALBANY, N.Y. (AP) — Gov. Andrew Cuomo says time is running out for New Yorkers who want to get around a federal cap on state and local tax deductions by donating to a charitable fund set up by the state.
The Democrat says Monday is the last day for residents to contribute to the Charitable Gifts Trust Fund before new Internal Revenue Service rules take effect.
SACRAMENTO, Calif. (AP) — A new push by the beverage industry is slowing the expansion of soda taxes in California and elsewhere.
California cities pioneered soda taxes as a way to combat obesity, diabetes and heart disease, but the Legislature and Gov. Jerry Brown on Thursday bowed to pressure from beverage companies and reluctantly banned local taxes on soda for the next 12 years.
SACRAMENTO, Calif. (AP) — The Latest on a California effort to ban local soda taxes (all times local):
Gov. Jerry Brown has signed a measure blocking new local taxes on soda and other sugary drinks for the next 12 years.
Beverage companies such as Coca-Cola and PepsiCo have moved to convince state Legislatures around the country to block local taxation of sugary drinks. A growing number of cities are looking toward taxes to discourage people from drinking beverages linked to obesity.
NEW YORK (AP) — President Donald Trump endorsed a congressman facing a tough primary battle, but in doing so he misstated the New York Republican's record on taxes.
In a tweet Wednesday, Trump said U.S. Rep. Dan Donovan is "strong on Borders," ''loves our Military" and "voted for Tax Cuts." Yet Donovan was one of only a few Republicans who voted against the Trump-backed tax law that passed last year.
SACRAMENTO, Calif. (AP) — California's legal marijuana industry will have to wait for a tax cut.
Legislation that would have slashed taxes on legal pot for three years to entice people away from the black market failed to advance out of a key legislative committee Friday.
"Today was another big win for the black market," said Assemblyman Tom Lackey, who co-authored the measure. "All we wanted to do is to level the playing field financially."
KODIAK, Alaska (AP) — Kodiak officials have said they are looking for ways to generate tax revenue at Alaska's state-owned spaceport.
The Alaska Aerospace Corporation is exempt from local taxes — but private companies using facility do not have that exemption, the Kodiak Daily Mirror reported Monday.
Alaska Aerospace CEO Craig Campbell said Friday that he was open to working with the borough on the issue, but had not yet been contacted about it.
JEFFERSON CITY, Mo. (AP) — The University of Missouri System has a state economic impact of about $5.4 billion a year, according to a recent study.
BATON ROUGE, La. (AP) — Louisiana's Medicaid expansion program has helped create or support nearly 19,200 jobs across the state and $178 million in state and local taxes, according to a new economic analysis.
The three LSU professors hired by the state health department to look at the program during the 2016-17 budget year determined that the infusion of $1.8 billion in federal spending on health care through the Medicaid expansion had a $3.5 billion economic impact in Louisiana.
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
Capri Cafaro, American University School of Public Affairs
(THE CONVERSATION) While Washington is claiming victory, states are crying foul.