taxation

The national debt is currently at $28.7 trillion and the federal government is spending $3.1 trillion a year more than it collects in revenue.

Just before the Revolutionary War and largely in response to the Stamp Act imposed by the British on the American colonies, the Massachusetts lawyer James Otis famously proclaimed, “Taxation without Representation is Tyranny.” Today, Alabama is one of only three states that permits municipalities to impose police, planning, and other exterritorial jurisdictions in areas well … Continued

On Thursday, Alabama Governor Kay Ivey (R) said that the decision by the U.S. Supreme Court to help states and local governments collect sales taxes from e-commerce retailers, “Will facilitate collections in our global, technology-driven economy.” On Thursday the Court overturned a 1992 ruling that had made it very difficult for states to require online … Continued

Two companion bills needed to balance the General Fund Budget and keep Alabama’s Medicaid Agency solvent still need to be passed in the Alabama Senate. As the Legislature heads into what is expected to be the final day of the 2018 legislative session, the bills — which would extend existing taxes and surcharges on nursing … Continued

By Chip Brownlee Alabama Political Reporter Gov. Kay Ivey’s proposed General Fund budget dropped in the Senate Tuesday. The bill, which funds Alabama’s non-education agencies, is being carried by Sen. Trip Pittman, R-Montrose, who chairs the Senate Finance and Taxation General Fund Committee. Ivey’s proposal would bring a 9.5 percent increase for the General Fund … Continued

By Joey Kennedy Alabama Political Reporter It’s encouraging to see a State Task Force looking into the State’s tax system. It’s not the first time. And it likely won’t be the last. Actually, we have these “task forces” quite regularly. What will be the “first time” is if the Joint Task Force on Budget Reform … Continued

By Sen. Cam Ward Budget cuts. Tax increases. Agency restructurings. We’ve heard and seen it all over the past several months since the Legislature first came to order in early March. Since that time, there has been a regular session and two special sessions. Throughout each, a lot of ideas were bounced off the wall … Continued