Chicago Tribune · 3dEditorial: Believe it or not, Springfield is mulling a jobs tax
That’s what the payroll tax being considered in Springfield would do.
News
Chicago Tribune · 3dWhile many immigrants are still paid “under the table”, the majority pay income and payroll taxes
Unauthorized immigrant workers nationwide paid an estimated $97 billion in federal, state and local taxes ... and the federal earned income tax credit — despite contributing billions of dollars in federal payroll taxes that help fund these programs.
The Seattle Times · 2dDecision on investing WA Cares tax funds in stock market goes to ballot
A proposed constitutional amendment would let assets, which exceed $1.6 billion, be invested much like state pension funds. Voters rejected the idea in 2020.
KATU · 9dTriMet warns of potential service cuts without increased state funding
TriMet, Oregon's largest public transit agency, is warning that without increased state funding for transit services, it may be forced to make significant cuts
New York Post on MSN.com · 5dFuming NYC businesses warn of exodus over Hochul’s plan to hike payroll taxes to pay for MTA’s massive $68B capital plan
Big Apple businesses are fuming over Hochul’s plot to hike their payroll taxes to pay for the Metropolitan Transportation Authority’s record-breaking $68 billion capital plan.
Crain's New York Business · 4dMTA will get $68B in state budget, thanks in part to business tax increase
The state budget will kick in $68.4 billion to the MTA over the next five years to prevent the subway, buses and commuter rail that the city’s workers rely on from falling into disrepair. State lawmakers agreed to fund the plan — the MTA’s largest ever package of mass transit upgrades — in part through an increase to the current 0.
The Columbian · 5dFive tax bills lawmakers passed to underpin Washington’s next state budget
Collectively, they form the financial linchpin to the state’s next budget and would generate the revenue needed to erase a chunk of a shortfall Ferguson has pegged at $16 billion over the next four fiscal years. The tax package is expected to net around $9.4 billion over that time.
The Journal News · 4dWill your town pay taxes to the MTA? NY budget deal lays out winners and losers
The budget deal worked out with NY lawmakers includes a tax break for local governments in the lower Hudson Valley and all NYC suburbs.
Taxes and More Taxes in Washington State
State lawmakers have proposed several new tax measures as part of the state budget. The possible menu includes a payroll tax that would raise $6.9 billion, a property tax, a capital gains tax ...
The Seattle Times · 8dWA lawmakers sprint to finish line with final $9B tax plan
State lawmakers are nearing final passage of a budget deal that would raise taxes in Washington while trimming some spending.
Form 941: Employer’s Quarterly Federal Tax Return
Lea Uradu, J.D., is a Maryland state registered tax preparer ... is used when businesses report the income taxes, payroll taxes, Social Security taxes, and Medicare taxes withheld from their ...
Crain's New York Business · 9dProposed business tax hike to fund MTA is holding up the state budget
A potential tax hike on large New York businesses served by the MTA’s network of trains and buses is holding up the state’s budget.
Hawley says working-class Americans should get payroll tax cut
who could emerge as a key vote on President Trump’s agenda, says working-class Americans should be able to take tax deductions on their payroll taxes ... in his home state by arguing that ...
The Columbus Dispatch · 6dThree Columbus companies land tax credits for expansions promising 100 new jobs combined
XPO Logistics Freights, Inc. plans to create 55 full-time-equivalent positions, generating more than $3.3 million in new annual payroll as a result of the company’s expansion project in Columbus, according to the governor's office.
GeekWire on MSN.com · 6d‘A real blow’: Washington state sales tax on tech and digital services rattles industry
Phillip Anderson, vice president of development at Seattle Software Developers, said the bill “feels like a real blow” and cited an already “significant tax burden.” He added: “To now impose additional tax obligations on an industry that helped build Seattle’s economy — and arguably put it on the map — is discouraging.”
RealClearPolitics · 1dBelieve It or Not, Springfield Is Mulling a Jobs Tax
In a state where one of the only job sectors that's growing is the government, it's a terrible idea to implement a new tax that hits private-sector employers and workers hard. That's what the payroll tax being considered in Springfield would do.