Taxes

July 2, 2007 -- CONCORD - Calling it an important initiative to strengthen New Hampshire’s economy, New Hampshire Governor John Lynch today signed legislation creating a research and development tax credit, which will provide incentives for companies to expand and create jobs right here in New Hampshire.    » read more »

Tax will be half of original by July 2008

June 28, 2007 -- CHARLESTON, W.Va. – West Virginia Governor Joe Manchin said the reduction of the food sales tax to 4 percent effective July 1 is part of his and the Legislature’s continuing effort to ease the tax burden on West Virginians. This is the second food tax reduction since Manchin took office and it marks a cut of 1/3 off the original 6 percent tax.    » read more »

June 28, 2007 -- LANSING - Michigan Governor Jennifer M. Granholm today applauded legislative approval of the new Michigan Business Tax (MBT).

"The new Michigan Business Tax will make Michigan's business climate competitive and serve as a tool to attract jobs and job providers," Granholm said. "State lawmakers are to be congratulated for passing a new business tax that will make Michigan more competitive and help attract and keep new job providers. This historic legislation is a win for both businesses and citizens and completes another plank in our plan for economic growth."    » read more »

June 26, 2007 -- Lebanon, Mo. — Michael G. Schlup, the developer of luxury condominiums at the Lake of the Ozarks, today pleaded guilty to 14 criminal charges that he failed to withhold taxes from his construction workers (many of whom were undocumented workers) or remit those payroll taxes and file the appropriate return with the state of Missouri.    » read more »

Broad Support Exists Irrespective of Party Affiliation, Gender, Race, Age, and Other Demographic Factors

June 19, 2007 -- Washington, D.C. – A poll recently released by The Campaign for Tobacco-Free Kids reveals that American voters strongly support a large per-pack increase in the federal cigarette tax to expand health coverage to America’s uninsured children.    » read more »

June 19, 2007 -- Statement of Ronald M. Davis, MD, AMA President-elect:

"In the coming months, Congress faces one of the most important tasks of 2007 — the reauthorization of the State Children's Health Insurance Program (SCHIP).

Doctors see the benefits of this successful program to cover kids firsthand: parents who work hard, but aren't able to afford health insurance, are able to get their children the care they need to stay healthy and strong.    » read more »

June 15, 2007 -- LANSING - In her weekly radio address, Michigan Governor Jennifer M. Granholm today said the new Michigan Business Tax (MBT), which she and Legislative leaders agreed upon earlier in the week, will encourage job creation and make Michigan more competitive for businesses.

"This new Michigan Business Tax will ensure that our people have the tools they need to be competitive and successful in Michigan," Granholm said. "This is a win for Michigan business, a win for citizens, and a win for our economy."    » read more »

June 15, 2007 -- Washington, D.C.--The Treasury Department today announced that on June 7, 2007 the United States delivered to the Government of Sweden a notice of termination of the tax treaty between the two countries with respect to estates, inheritances, and gifts.

In accordance with the provisions of the treaty, the notice of termination provides that the treaty will cease to have effect as of January 1, 2008.

At the time the treaty was signed, Sweden maintained a tax on inheritances and gifts.    » read more »

Tax relief for home buying, combat pay, retirement savings

June 14, 2007 -- Washington, DC — U.S. Senator Harry Reid of Nevada is cosponsoring legislation that would provide tax relief to members of the military, National Guard, Reserves and their families and employers.    » read more »

June 14, 2007 -- “I congratulate Senate President Ken Pruitt and House Speaker Marco Rubio and the many other legislators who have worked tirelessly to build consensus among the members of the Legislature and deliver the largest tax cut in Florida history. I specifically want to commend Senators Daniel Webster, Steve Geller and Mike Haridopolos and Representatives Dean Cannon and Dan Gelber for their good work. Because everyone worked together, property taxes will drop like a rock.    » read more »

Calls for Continued Budget Negotiations

May 31, 2007 -- Less than an hour after receiving it, Connecticut Governor M. Jodi Rell tonight vetoed the Democratic tax plan contained in substitute House Bill 7400, An Act Concerning Motion Picture Tax Credits, which would have increased taxes by hundreds of millions of dollars in support of a budget projected to increase state spending by 10.5 percent.    » read more »

5.31.07 - Columbus, Ohio – Ohio Governor Ted Strickland today signed the following bills:

Senate Bill 58

State Senator Kevin Coughlin sponsored Senate Bill 58 that will allow pharmacists to administer certain immunizations. Coughlin's bill was the companion bill to state Representative John Adams' House Bill 73.

Senate Bill 20

State Senator Patricia Clancy sponsored Senate Bill 20 that will increase the adoption tax credit from $500 to $1500. Clancy's bill was the companion bill to state Representative Danny Bubp's House Bill 70.

Source: Ohio Governor

May 31, 2007 -- Colorado Governor Ritter signs more than 40 bills as Monday deadline approaches At separate ceremonies in Lakewood and Fort Collins, Gov. Bill Ritter today signed into law bills that will enhance health care for children, make Colorado universities more competitive for national research grants, and provide a tax break to high-tech companies that build “clean rooms.”

In all, Gov. Ritter signed 41 bills today as the Monday deadline approaches for action to be taken on legislation from the 2007 session of the General Assembly.    » read more »

05/31/2007 -- California Governor Schwarzenegger – along with British Columbia Premier Gordon Campbell – today toured a construction site for CanadaLine’s rapid transit rail tunnel, which connects Vancouver’s waterfront to its airport. British Columbia has saved significant taxpayer money and streamlined construction through public/private partnerships for major infrastructure projects.    » read more »

Governor’s actions complete work related to the 2007 legislative session

May 30, 2007 -- Minnesota Governor Tim Pawlenty today took action on the four remaining omnibus bills passed during the 2007 legislative session. The Governor signed the K-12, higher education and transportation funding bills, deleting seven appropriations through line-item vetoes, and vetoed the tax bill in its entirety.    » read more »