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Hometax cuts

Posts tagged: tax cuts

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Five resolutions for Alabama’s government in 2023

January 4, 2023
by Justin Bogie EditorialsFiscal Policy

The new year is a time for all Alabamians to reflect on the past and make new resolutions for change. It's also a time for the state's government to reflect on their own recent track record.In the past four years, the Alabama government took and spen ...

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Richard Shelby’s retirement could mean less federal dependency, more fiscal responsibility for Alabama and the nation

December 29, 2022
by Justin Bogie EditorialsFiscal Policy

Last week, the United State Congress passed a $1.7 billion omnibus spending bill, averting a partial government shutdown and securing funding for the rest of fiscal year 2023. The bill includes $800 million for domestic funding and $858 million in de ...

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Lawmakers should take less money from you in 2023, not look for ways to spend more

December 21, 2022
by Justin Bogie EditorialsFiscal Policy

Despite early projections that a potential recession may not have as hard-hitting of an impact on Alabama as previously expected, do not expect permanent tax relief for Alabamians in 2023. That was the message provided Friday night by incoming chair ...

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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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