business taxes News

Labor, Lawsuits on Agenda in 2018 for Missouri GOP Lawmakers

The Republican-controlled Missouri Legislature is looking to complete some unfinished business in the 2018 session that began on Wednesday, including efforts to further regulate unions and enact more restrictions on lawsuits. This is the Missouri GOP’s second year with historic …

Michigan Facing $2B Budget Squeeze in State’s General Fund

Tax cuts, increased road construction, past economic development incentives and other factors will combine to reduce or divert state revenue by $2 billion annually in just over four years _ the equivalent of 20 percent of Michigan’s general fund account. …

How ‘Fiscal Cliff’ Package Deals with Business Taxes

The “fiscal cliff” deal that slowly, painfully took shape in the U.S. Congress in recent days fulfills some of corporate America’s tax policy goals, but leaves others unmet, including a big one – meaningful deficit and debt reduction. The bill, …

Arkansas Revenues Up in March, Ahead of Forecast

Arkansas’ revenues in March were ahead of last year and beat official projections, as the state saw increases in nearly all major tax collections, the state’s finance office said on April 3. The Arkansas Department of Finance and Administration said …

Obama Budget Seeks Higher Taxes on Big Business

President Barack Obama’s 2013 budget proposal, released on Monday, calls for raising hundreds of billions of dollars from U.S.-based global companies, while ending cherished deductions and tax breaks for oil companies and other big firms. Resembling previous proposals from the …