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Homealabama

Posts tagged: alabama

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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The free market should drive electric vehicle sales, not the government

October 3, 2022
by Emma Gibney EditorialsEnvironmental, Social, GovernanceGood Governance

“I believe Alabama is uniquely positioned to be a leader in the EV industry.” Those were the words of Alabama Governor Kay Ivey delivering the opening remarks at the Drive Electric Alabama EV Summit this past week. She continued, “We need to lean ...

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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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Oil Field Resized

ESG and the collapse of the free market

September 20, 2022
by Emma Gibney EditorialsEnvironmental, Social, GovernanceGood Governance

Last month, Alabama Attorney General Steve Marshall joined 19 other states in a letter to BlackRock CEO Larry Fink, challenging BlackRock’s use of ESG as investment criteria when managing state pension funds.  While many people know what ESG stands ...

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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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API calls on AL legislature to enact $750 million in permanent tax cuts

September 8, 2022
by The Alabama Policy Institute API NewsFiscal PolicyGood Governance

Birmingham, Ala. - Today (September 8th, 2022) the Alabama Policy Institute (API) calls on Governor Kay Ivey and the Alabama Legislature to take immediate action to enact a minimum of $750 million in permanent tax cuts for citizens. This action is pa ...

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Revolving Door Resize

State government should enact at least $750 million in permanent tax relief for Alabamians

September 8, 2022
by The Alabama Policy Institute API NewsFiscal PolicyGood Governance

Thirty-two states have enacted some form of tax relief for citizens in 2022. Missouri is poised to become the 33rd. And it is not just red states providing relief. Earlier this year, Illinois enacted billions of dollars in savings for taxpayers. I ...

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Alabama lawmakers can look to Missouri for bold tax reforms

September 6, 2022
by Justin Bogie Around the NeighborhoodFiscal Policy

This week, Missouri lawmakers will head back to work for a called special legislative session that will have one purpose: to enact the largest income tax cut in state history. If approved, Missouri will join at least 32 other states&nb ...

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