Treasury Department Archive
Controversy abounds as data centers bring tax revenue to Northern VA
October 31, 2022
No Comments
TweetShareSharePin0 Shares Northern Virginia is the data center capital of the world – it is three times larger than any other data center epicenter anywhere on Earth. Loudoun County, Ashburn, specifically, and Prince William County are especially major players in the data center industry. While these facilities pay commercial taxes that offer immense benefits to
Florida Gas Tax Holiday Ends, Fuel Prices Expected to Spike
October 31, 2022
No Comments
TweetShareSharePin0 Shares As Florida’s gas tax holiday ends, some economists are worried that Floridians could see a spike in fuel prices. Orlando news network WESH 2 reported that the holiday removed a $.25 tax through the month of October, and that the tax is expected be reinstated at midnight on Tuesday, November 1. Governor Ron DeSantis (R) has not indicated
More property tax breaks for veterans? AZ Prop 130 could lead to change.
October 31, 2022
No Comments
TweetShareSharePin0 Shares In 1989, the Arizona Court of Appeals made a change to the State Constitution that has been impacting military veterans ever since. At that time, a property tax rule that allowed veterans with disabilities, people with total and permanent disabilities, widows and widowers to receive exemptions was ruled unconstitutional because it only applied
New Jersey Is the Worst State In the Nation to Have a Business
October 31, 2022
No Comments
TweetShareSharePin0 Shares According to the 2023 State Business Tax Climate Index, New Jersey is the worst state in the nation to be a business owner. New Jersey radio station 101.5 reported that Janelle Fritts, a policy tax analyst for the Tax Foundation and co-author of the aforementioned annual report, said the states that typically do
Massachusetts Agrees to Pay New Hampshire $3.5 Over Property Tax Dispute
October 28, 2022
No Comments
TweetShareSharePin0 Shares Massachusetts officials have agreed to pay New Hampshire officials $3.5 million to settle a property tax dispute that has been ongoing since 2014. According to Boston ABC affiliate WCVB, the states first entered into an agreement about land near the Merrimack River in 1957. Construction of the 15 flood management facilities in question
Paul Pelosi, Husband of Nancy Pelosi, Attacked at Home
October 28, 2022
No Comments
TweetShareSharePin0 Shares Paul Pelosi, the husband of House Speaker Nancy Pelosi (D-CA), has been attacked at the couple’s San Francisco residence. Pelosi’s office issued an official statement regarding the incident. Spokesman Drew Hammill said: “Early this morning, an assailant broke into the Pelosi residence in San Francisco and violently assaulted Mr. Pelosi. The assailant is
Dozens of Capitol Hill Dems. Urge Extended Child Tax Credit
October 28, 2022
No Comments
TweetShareSharePin0 Shares Dozens of House Democrats on Capitol Hill are urging an extended version of the child tax credit (CTC) during Congress’s lame-duck session. A lame-duck session, for those unfamiliar with the term, occurs when Congress is in session after a November election — this year’s occurs on November 8 — and before the beginning
Reframing tax policy to reset the rules of the monopoly game
October 27, 2022
No Comments
TweetShareSharePin0 Shares The following article is from the “Tax and Monopoly” October 2022 issue of the Tax Justice Focus, an online magazine that explores boundary-pushing ideas in tax justice and revolutionary solutions to the most pressing challenges of our time. Each edition features articles from prominent experts and academics from around the world. The “Tax
Doações milionárias à campanhas prejudicam democracia: the Tax Justice Network Portuguese podcast
October 27, 2022
No Comments
TweetShareSharePin0 Shares Welcome to our monthly podcast in Portuguese, É da sua conta (‘it’s your business’) produced and hosted by Grazielle David and Daniela Stefano. All our podcasts are unique productions in five different languages – English, Spanish, Arabic, French, Portuguese. They’re all available here. Here’s the latest episode: Doações milionárias à campanhas prejudicam democracia #42: A democracia é fundamental para que a economia funcione para todas as pessoas. E
TPC: The Number Of Those Who Don’t Pay Federal Income Tax Drops To Pre-Pandemic Levels
October 27, 2022
No Comments
TweetShareSharePin0 Shares After dramatically rising during the worst of the pandemic, the number of households who pay no federal income tax has fallen sharply. It will remain relatively steady in absolute numbers and as a share of tax filers as long as the job market remains relatively healthy and until the individual tax provisions of
