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Tax Policy and Practice

Inside Obama’s Framework for Business Tax Reform

Posted February 22, 2012 by Howard Gleckman

Here’s what I love about President Obama’s Framework for Business Tax Reform: His diagnosis of the problem is spot on. In just a few pages, the Treasury Department does a marvelous job describing what’s wrong with the way the U.S. taxes business. Anybody interested in understanding why the tax code is such a mess should [...]

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Industry News

Supreme Court Rules Tax Perjury and Aiding & Assisting Are Deportable Aggravated Felonies

Posted February 22, 2012 by Jack Townsend

The Supreme Court yesterday decided Kawashima v. Holder, ___ U.S. ___, ___ S.Ct. ___, 2012 U.S. LEXIS 1084 (2012), enhanced opinion available to lexis.com subscribers with summary, headnotes, and Shepard's. (Non-subscribers can download the un…

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State News

US: Tax-cut bill includes updates to jobless benefits system

Posted February 22, 2012 by By ANNIE LOWREY

Tucked into a $140 billion bill extending emergency jobless benefits and a temporary cut to payroll taxes are several provisions intended to modernize the country’s outdated unemployment insurance system.

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State News

MA: On Deval Patrick’s watch, six-figure salaries spike

Posted February 22, 2012 by By Erin Smith and Joe Dwinell

Punching the clock during the Patrick administration has been a six-figure bonanza for thousands of lucky state workers, as salary figures released yesterday show the number of public employees taking home $100,000 or more a year has skyrocketed by nea…

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State News

KS: Brownback school-funding plan bogged down in Kansas Legislature

Posted February 22, 2012 by By Brad Cooper

As the Kansas legislative session approaches its halfway point, the future of Gov. Sam Brownback’s education plan is murky. After two days of meetings, the chairman of the Senate Education Committee said Tuesday that she couldn’t predict the fate of th…

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State News

GA: Committee endorses bill to reduce Georgia’s unemployment benefits

Posted February 22, 2012 by By Christopher Quinn

The payment of state unemployment benefits would drop from 26 weeks to a sliding scale of 12 to 20 weeks under a bill approved Tuesday by the state Senate Insurance and Labor Committee.

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State News

AR: Beebe — GOP budget plan mostly ‘non-starter’

Posted February 22, 2012 by By John Lyon

A Republican proposal to cut $21 million from Gov. Mike Beebe’s $4.7 billion proposed budget for the next fiscal year is mostly unacceptable, Beebe said today.

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State News

AR: Budget panel refers school takeover to subcommittee

Posted February 22, 2012 by By Staff

The Joint Budget Committee today referred to a subcommittee an amendment to the state Department of Education’s budget that would increase from two years to five the time the department can maintain control over a fiscally distressed school districts t…

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State News

AR: State turns down offer to settle road builder’s claim

Posted February 22, 2012 by By Alison Sider

The state Highway and Transportation Department rejected an Oklahoma construction company’s offer to accept $4.9 million to settle a $6.5 million claim, despite lawmakers’ encouragement that the two reach an agreement.

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State News

AL: Alabama Senate votes to stop convicted officials pensions

Posted February 22, 2012 by By THE ASSOCIATED PRESS

The Alabama Senate has passed a bill that would stop convicted public officials and public employees from receiving taxpayer-funded pension benefits.

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