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Latest posts tagged with #TaxPolicy on Bluesky

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Posts tagged #TaxPolicy

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💳 Alipay and WeChat Pay are surging in Japan — but the money never touches a Japanese bank.
Finance Minister called it "a grave problem": sales invisible to tax authorities, settled entirely on Chinese servers.
#Alipay #WeChatPay #CrossBorderPayments #TaxPolicy

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Which States Tax the Rich at the Highest Level? Stacker, a website specializing in publishing data, found that the American elite—the top 1%—pay, on average, roughly 37% of overall income taxes and earn 19.5% of salaries nationwide.

The top 1%—pay, on average, roughly 37% of overall income taxes and earn 19.5% of salaries nationwide.- www.cpapracticeadvisor.com/2026/03/10/which-states-... #TaxNews #Accounting #CPAs #TaxPolicy #Finance

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Washington State's ‘Millionaires Tax’ Proposal Haunted by 1933 Court Decision The Washington State Supreme Court's 1933 Culliton v. Chase decision spawned Washington's often-criticized tax structure, which relies heavily on sales and business taxes.

The Washington State Supreme Court's 1933 Culliton v. Chase decision spawned Washington's often-criticized tax structure, which relies heavily on sales and business taxes. https://ow.ly/CExL50YrWoj #TaxNews #Accounting #WALeg #TaxPolicy #CPAs #TaxReform

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House rejects amendment to extend data‑center refurbishment tax exemption, passes narrowed bill Lawmakers debated whether to preserve tax exemptions for existing data‑center refurbishment contracts. The House voted down Rep. Orcutt’s amendment to preserve certificates for existing contracts and then passed Engrossed Substitute Senate Bill 62 31 on final passage.

In a pivotal vote, Washington State House rejects an amendment to protect tax exemptions for data-center refurbishment contracts, raising concerns about future costs and local jobs.

Learn more here

#WA #TaxPolicy #CitizenPortal #EconomicDevelopment #JobCreation

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Committee advances bill to extend unemployment tax look‑back and ease penalty rules The LCI Committee reported favorably on S-688, a bill by Senator Massey that extends the employer "look-back" for unemployment insurance from 12 to 20 calendar quarters (phased in), lowers the solvency threshold used to set rates and softens penalties for late payments, officials said.

Major changes are coming to unemployment insurance in South Carolina, with a new bill that aims to ease tax burdens on employers and reduce penalties for late payments.

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#SC #TaxPolicy #CitizenPortal #BusinessSupport #UnemploymentReform #SouthCarolinaEmployers

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Press Release Bulletin | 13 March 2026 Welcome to Medianet’s daily media alert featuring a curated list of today's most newsworthy press releases handpicked by our editorial team. Today's highlights Qantas settles COVID flight credits clas...

🔢 Today's Press Release Bulletin from Medianet 🔢
www.linkedin.com/pulse/press-...

#HealthResearch #PublicPolicy #Migration #TaxPolicy #WorkplaceReform #Cybersecurity #CircularEconomy #ClimateScience #Conservation #pressrelease #pressreleasedistribution #australia #australianews #media #journalists

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Council directs city attorney to draft ordinance proposing higher sales and lodging taxes in Priceville Priceville council voted to have the city attorney draft ordinances to raise the municipal sales tax from 2% to 3%, increase the lodging tax from 8% to 9% and raise the room fee from $1.50 to $2.00; the action was for drafting only, not final adoption.

Priceville's council just took a major step towards increasing local taxes, but what does it mean for residents and businesses?

Get the details!

#PricevilleMorganCounty #AL #TaxPolicy #PricevilleTaxes

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Claiborne County adopts 2024-25 budget after extended debate; property tax levy fails After extensive debate and a June 3 reconvened session, the Claiborne County Commission approved the 2024-25 appropriations resolution with amendments to line items, while a separate motion to set a new property tax levy twice failed.

The Claiborne County Commission has wrapped up a contentious budget session, adopting a revised 2024-25 appropriations resolution while twice failing to set a new property tax levy.

Get the details!

#ClaiborneCounty #TN #TaxPolicy #CitizenPortal #BudgetAppropriations #PublicFinance

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Washington State's ‘Millionaires Tax’ Proposal Haunted by 1933 Court Decision The Washington State Supreme Court's 1933 Culliton v. Chase decision spawned Washington's often-criticized tax structure, which relies heavily on sales and business taxes.

The Washington State Supreme Court's 1933 Culliton v. Chase decision spawned Washington's often-criticized tax structure, which relies heavily on sales and business taxes. https://ow.ly/11eR50YrWnA #TaxNews #Accounting #WALeg #TaxPolicy #CPAs #TaxReform

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Congress is spending $2 billion dollars a year on a jobs program. New research shows it doesn't work. At all.

Read the full story:
wisconsinwatch.org/2026/03/wisc...

By Natalie Yahr
Wisconsin Watch

#Wisconsin #Economy #Jobs #TaxPolicy #LocalNews

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Fayette County finance officer warns HB 581’s floating homestead could push millage rates higher At the Jan. 9 Fayette County Board of Commissioners meeting, Finance Officer Sheryl Weinmann outlined how House Bill 581’s CPI‑based floating homestead exemption and the optional FLOST could lower taxable residential values, create upward pressure on local millage rates, and require quick local decisions about opting out and sales-tax agreements.

Fayette County's new House Bill 581 could reshape property tax bills, but is it the solution or a hidden cost to essential services?

Click to read more!

#FayetteCounty #GA #FayetteCountyTaxation #TaxPolicy #CitizenPortal #PublicSafety #EducationFunding

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Residents raise flooding and tax concerns after county-wide property revaluation Multiple Tift County residents told commissioners Aug. 12 they are worried the county-wide property revaluation will increase taxes, and one resident showed video she said documents new flooding tied to recent construction near her home. Tax Commissioner Chad Alexander said tax bills will not be due Nov. 15; a new due date will be announced.

Tift County residents are sounding the alarm over new flooding issues and potential tax hikes following a controversial property revaluation—what's next for the community?

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#TiftCounty #GA #TaxPolicy #CitizenPortal #CommunityInput #FloodingIssues

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Burleson County adopts FY2024 budget and sets property tax rate at $0.4800, a 12.51% increase Burleson County Commissioners Court on Sept. 11 adopted the FY2024 budget and set the 2023 county property tax rate at $0.4800 (a 12.51% increase). The action followed required public hearings and was approved unanimously.

Burleson County has officially adopted its FY2024 budget and set a property tax rate of $0.4800, reflecting a significant 12.51% increase!

Click to read more!

#BurlesonCounty #TX #TaxPolicy #CitizenPortal #LocalGovernance #PublicFinance #BurlesonCountyBudget

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Former Starbucks CEO Howard Schultz leaves Seattle as local lawmakers mull millionaire tax Howard Schultz, former Starbucks CEO, is leaving Seattle for Florida after decades in the city, as W...

Howard Schultz, former Starbucks CEO, is leaving Seattle for Florida after decades in the city, as Washington state lawmakers consider a millionaire tax. #TaxPolicy #News

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Tax panel rejects immediate extension of Maine affordable housing tax credit; members urge waiting for evaluation A House-Senate taxation committee considered LD 2116, which would remove the sunset on Maine’s affordable housing income tax credit. Committee analysts recommended waiting for a full tax-expenditure evaluation; an amendment to extend the sunset to 2036 failed on a 4–5 roll call.

Maine's tax committee faces a crucial decision: should the affordable housing income tax credit become permanent, or should they wait for a full evaluation before making a move?

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#ME #HousingCredit #TaxPolicy #CitizenPortal #MaineAffordableHousing #LegislativeReview

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DEED briefing: how Minnesota’s unemployment insurance tax structure and assessments work Evan Rowe of DEED explained UI tax mechanics to a House committee, including experience rates, base tax, surtaxes triggered by low trust‑fund balance, and a 2026 taxable wage base of $44,000; members questioned past replenishment and policy choices that affect current assessments.

Minnesota's unemployment insurance tax structure is under scrutiny as lawmakers question how pandemic-era policies are impacting current assessments and future employer costs.

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#MN #TaxPolicy #CitizenPortal #EconomicDevelopment #MinnesotaEmployment #UnemploymentInsurance

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A Billionaire Wealth Tax Could Get a Vote in California. How Might That Impact Charitable Giving? Inside Philanthropy talks to a co-author of the proposed California Billionaire Tax Act about the future of billionaire charity.

Inside Philanthropy talks to a co-author of the proposed California Billionaire Tax Act about the future of billionaire charity.

Mike Scutari Reports: tinyurl.com/5n8fp68k

#BillionaireTax #WealthTax #TaxPolicy #PhilanthropyPolicy #DAFs #CharitableGiving #WealthInequality #PhilanthropyDebate

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#NationalDebt #WealthInequality #Reaganomics #CitizensUnited #WallStreet #DarkMoney #BillionaireClass #TaxPolicy #FightBack #Oligarchy
The super-rich didn’t just get lucky. They got rich in a system rigged to help them win. Then they handed you the bill.

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Capital Gains Inflation Indexing Debate Raises Questions About Housing and Wealth Capital gains inflation indexing could reshape housing taxes and investment incentives, but critics warn the policy may primarily benefit wealthy investors.

A new push in Congress to allow capital gains inflation indexing is being sold as housing reform. But who actually benefits from the policy? 🏠
#HousingPolicy #TaxPolicy

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Senate Taxes Committee recommends passage of bill extending Minnesota PTE tax election through 2029 The Senate Taxes Committee voted 9-0 on March 5, 2026, to recommend Senate File 3405, extending the state's pass-through entity (PTE) tax election through 2029 (provision expires 2030). Supporters said the change is revenue-neutral for Minnesota and provides certainty to thousands of small businesses.

The Minnesota Senate Taxes Committee has unanimously backed a bill to extend the crucial PTE tax election, ensuring stability for over 66,000 small businesses until 2029.

Learn more here!

#MN #RevenueNeutrality #TaxPolicy #CitizenPortal #MinnesotaBusinesses #SmallBusinessSupport

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Suffern board reviews budget workshop with two tax-levy options; transportation, BOCES and Regeneron discussed At a March 3 meeting the Suffern Central School District heard a detailed budget workshop outlining two tax-levy scenarios (4.05% and 3.48%), with officials citing transportation, BOCES costs and uncertain state aid as primary drivers and noting Regeneron will move onto the tax rolls once assessed.

The Suffern Central School District is facing tough budget decisions with two tax-levy options on the table, driven by rising costs and the financial impact of major local businesses.

Get the details!

#NY #TaxPolicy #CitizenPortal #EducationBudget #NewYorkSchools #TransportationCosts

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Lincoln Parish School Board approves sales-tax consolidation plan, calls special election The Lincoln Parish School Board voted March 3 to consolidate five voter-approved half-cent sales taxes into a single 2.5% sales-tax proposition and to send the measure to voters in a special election on June 27. Board supporters cited flexibility and potential bond-rating benefits; some members and public commenters urged preserving prior dedicated uses.

The Lincoln Parish School Board is shaking things up by proposing a consolidation of five sales taxes into one, sparking a heated debate ahead of the special election on June 27.

Get the details!

#LA #TaxPolicy #CitizenPortal #VoterEducation #LouisianaSchools #FiscalTransparency

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Staff outlines fee-in-lieu terms for Project Clean, council approves finance items A staff presenter told Charleston County Council that Project Clean would use a 20-year fee-in-lieu projected to yield $1.5 million in benefits and a fiscal benefit-to-cost ratio of 8:1; after questions about tax impacts the council approved the finance items by voice vote.

Charleston County Council just approved a game-changing finance package for "Project Clean," promising a staggering 1400% increase in tax revenue over the next two decades!

Get the details!

#CharlestonCounty #SC #TaxPolicy #CitizenPortal #EconomicDevelopment #CharlestonCountyFinance

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House Finance committee advances B&O tax cut for critical‑access pharmacies after amendment The House Finance Committee voted 8–6 to report engrossed Senate Bill 6228 out of committee with an amendment that lowers the preferential B&O rate for critical‑access pharmacies to 0.138%. Supporters said the change responds to testimony that prior offsets were insufficient; opponents said the bill raises taxes overall.

The House Finance Committee just advanced a bill that could reshape tax rates for critical-access pharmacies, sparking a heated debate about local healthcare access and fiscal impact.

Click to read more!

#WA #TaxPolicy #HealthcareAccess #CitizenPortal #LocalEconomy

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House Finance reports repeal of data‑center equipment exemption after heated debate, 8–6 The committee voted 8–6 to report a substitute Senate bill removing a tax exemption for replacement equipment at data centers. Supporters framed the change as budget balancing; opponents warned it would harm competitiveness and cost local investment and jobs.

A heated debate in the House Finance Committee has led to a narrow 8–6 vote to repeal a crucial tax exemption for data center equipment, sparking fears of lost investments and jobs in Washington.

Click to read more!

#WA #TaxPolicy #CitizenPortal #EconomicImpact #JobCreation

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Senate approves nicotine tax changes, expanding levies on alternative nicotine products Senators passed a substituted nicotine tax bill increasing cigarette and alternative nicotine product taxes and exempting cessation products; the floor accepted a late substitute removing moist snuff and the sixth substitute passed by roll call (26–0).

Utah's Senate just passed a bold new bill to increase taxes on cigarettes and alternative nicotine products, aiming to protect youth from addiction and raise vital funds for public health.

Read the full story!

#UT #TaxPolicy #PublicHealth #CitizenPortal

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Votes at a glance: Utah House advances tax cut, passes education and safety measures; several bills fail On March 4, 2026, the Utah House voted on a large slate of Senate-transmitted bills. Notable outcomes: SB60 (income tax rate cut) passed; SB152 (student data sharing amendment) passed; SB244 (cardiac emergency plans in schools) and SB158 (Medicaid recreational therapy) passed. Major measures including SB248 (Child Care Expansion Act), SB277 (Utah Homes program changes), SB124 (child welfare modifications substitute) and SB229 (state employee benefit overhaul) failed or were returned to staff.

The Utah House made headlines with a tax cut and significant education reforms, but several high-profile bills faced defeat in a dramatic evening of votes.

Get the details!

#UT #TaxPolicy #CitizenPortal #EducationReform #PublicSafety

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Seattle officials warn city is approaching state property-tax levy limit, urge 10% buffer City budget staff told the council the city's regular property-tax levy is nearing Washington's $3.60-per-$1,000 legal cap and presented a model showing roughly $780 million in remaining levy capacity over seven years; staff recommended a 10% capacity reserve and offered follow-up analyses of lower growth scenarios and county levies.

Seattle is nearing its legal property-tax levy limit, prompting budget officials to recommend a 10% reserve to safeguard vital city services.

Learn more here!

#SeattleKingCounty #WA #TaxPolicy #CitizenPortal #CommunityFinance #SeattlePropertyTax #FiscalResponsibility

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Flagstaff advisory committee weighs $500M‑plus funding options to shore up public safety and operations A Flagstaff City advisory committee reviewed a multi‑hundred‑million‑dollar package to address public‑safety and operating shortfalls, pressed staff for historical budget context and legal limits on taxes, and requested a prioritized tiered list and clearer voter messaging before recommending any ballot measures.

Flagstaff's advisory committee is grappling with a staggering $500M funding proposal to address critical public safety and operational gaps—will they find a solution before the voters weigh in?

Learn more here

#FlagstaffCityCoconinoCounty #AZ #TaxPolicy #CitizenPortal #FlagstaffCity

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Committee advances amendment allowing municipalities to create a separate property class for data centers Sen. Dolezal’s substitute (LC590390S) would remove manufacturing from the proposal and let localities create a separate ad valorem property class just for data centers; sponsors said the change is optional for municipalities and requires a constitutional amendment; the committee advanced the measure.

Georgia's Senate is considering a game-changing amendment that could redefine how data centers are taxed, giving local governments new tools to attract investment.

Learn more here!

#GA #TaxPolicy #CitizenPortal #EconomicDevelopment #LocalGovernment #GeorgiaDataCenters

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