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HomeFiscal Policy

Posts in category: Fiscal Policy

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When it comes to tax cuts, actions speak louder than words — Alabamians are watching and waiting

November 15, 2022
by Justin Bogie EditorialsFiscal Policy

As Governor Kay Ivey prepares to enter her second full term in office, could permanent tax relief finally be in the cards for Alabamians? The answer is, maybe, but it still seems unlikely that sweeping tax reforms for citizens are on the horizon. ...

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Grocery and other permanent tax cuts ‘on the table’ in 2023, but lawmakers should think bolder

November 8, 2022
by Justin Bogie EditorialsFiscal Policy

The talk of the legislature pursuing meaningful tax cuts during the 2023 regular session continues to pick up momentum. That is good news for Alabamians, though state lawmakers continue to hedge their bets as to whether the talk will become reality.T ...

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Lawmakers must use historic surplus to protect Alabamians, not protect government

October 27, 2022
by Justin Bogie EditorialsFiscal Policy

Over the past month, there has been increased discussion amongst Alabama lawmakers about what state government should do with the historic $2 billion revenue surplus it amassed heading into fiscal year 2023. So far, the two main proposals have been u ...

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Alabamians deserve permanent tax relief, not just a one-time check

October 19, 2022
by Justin Bogie EditorialsFiscal Policy

In fiscal year 2022, Alabama’s state government collected over $13 billion in total revenue. It marked the fourth straight year the state has had a revenue surplus of at least $600 million. The $2 billion revenue surplus of 2022 marked a 15% growth c ...

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Permanent tax relief is ‘very important’ to Alabamians

October 12, 2022
by Justin Bogie EditorialsFiscal Policy

Appearing Friday night on Alabama Public Television’s “Capitol Journal,” State Senate President Pro-Tem Greg Reed (R-Jasper) said that Alabama’s record $2 billion revenue surplus was a “one-time thing” should not be spent like “water through our fing ...

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Election-Year Expectations Resize

Another ‘record’ surplus in 2022 proves that Alabama can afford historic tax relief

October 10, 2022
by Justin Bogie EditorialsFiscal Policy

Last Friday marked the end of the 2022 fiscal year. For the Alabama state government, it was another record-breaking year. In 2022 the state took more tax dollars from citizens than ever before, ending the year with a $2 billion revenue surplus. In t ...

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Lower taxes, better education are keys to attracting business to Alabama, not incentives

October 3, 2022
by Justin Bogie EditorialsFiscal PolicyUncategorized

The Alabama Jobs Act is set to expire July 31, 2023, meaning that economic incentives could be a major topic of interest during next year’s regular legislative session. The chatter has already begun. Last month, Alabama Secretary of Commerce Greg Can ...

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APR’s Joey Kennedy wrong about Alabama Policy Institute on tax reform — ‘Flat-out lies’

September 30, 2022
by Caleb Crosby EditorialsFiscal Policy

This week, Alabama Political Reporter columnist Joey Kennedy made a patently false attack against the Alabama Policy Institute (API). His main claim was that API's proposed $750 million in tax cuts would only benefit the "rich and weird." Kennedy' ...

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AL Public Pensions Resize

Excuses are easy — Meaningful policy change takes bold leadership

September 20, 2022
by Justin Bogie EditorialsFiscal Policy

As summer turns to fall, the drumbeat for the Alabama Legislature to enact meaningful tax reform legislation has picked up its pace. But there is still no action — only discussion of temporary relief and the same old excuses as to why long-term refor ...

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Alabamians deserve more than a one-time tax rebate

September 14, 2022
by Justin Bogie EditorialsFiscal Policy

“I think they deserve it.” That is what House Majority Leader Nathaniel Ledbetter (R-Rainsville) said last week when asked about the possibility of using state government’s record revenue surplus to provide Alabamians with a one-time tax rebate.And h ...

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