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Hometax

Posts tagged: tax

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API Supports Pregnancy Resource Act

April 5, 2023
by The Alabama Policy Institute API NewsStrong Families

Birmingham, Ala. - Today (April 5th, 2023), the Alabama Policy Institute (API) announced its support for HB208, introduced by Rep. Jamie Kiel, to provide a state income tax credit to individuals and businesses that make voluntary cash contributions t ...

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API Supports Bipartisan Overtime Tax Exemption Bill

April 3, 2023
by The Alabama Policy Institute API NewsFiscal Policy

Birmingham, Ala. - Today (April 3rd, 2023), the Alabama Policy Institute (API) announced its support for HB217, to exempt full-time hourly waged employees from paying taxes on work performed in excess of 40 hours per week.House Bill 217 is sponsored ...

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Top Ten Things the Alabama Legislature Should Accomplish in 2023

March 21, 2023
by Stephanie Smith Certificate of NeedEditorialsEducation Freedom

The Regular Session of the Alabama Legislature will resume Tuesday. Though the only statutory requirement of our state legislature is to pass balanced budgets, there will be literally hundreds of bills considered and debated as our elected leadership ...

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Are Alabama’s state revenue streams too ‘wild’ to enact permanent tax cuts?

February 10, 2023
by Justin Bogie EditorialsFiscal Policy

The question of what to do with Alabama’s $3 billion revenue surplus continues as the 2023 Alabama legislature regular session approaches.Rep. Danny Garrett (R-Trussville), the Chairman of the House Ways and Means Education Committee, discussed the p ...

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Tax cuts would benefit Alabama more than a one-time rebate

February 7, 2023
by Justin Bogie EditorialsFiscal Policy

Tax cuts would benefit the state more than one-time rebate checks, Mississippi Center for Public Policy President and CEO Douglas Carswell recently explained. This call for permanent tax cuts rather than rebates comes despite the Mississippi legislat ...

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Too many lawmakers would rather spend money on government than return it to the people

February 7, 2023
by Justin Bogie EditorialsFiscal Policy

On last week’s episode of Alabama Public Television’s Capitol Journal, Gov. Kay Ivey (R) and Alabama Senate President Pro Tem Greg Reed (R-Jasper) spoke about enacting a tax relief package in the 2023 legislative session. Both lawmakers endorsed a on ...

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How will Alabama lawmakers spend the remaining $1 billion in ARPA funds?

February 7, 2023
by Justin Bogie EditorialsFiscal Policy

The American Rescue Plan Act (ARPA) was signed into law nearly two years ago. Alabama’s state government directly received $2.1 billion in federal COVID-19 relief funding under the act, the first half allocated during a January 2022 special legislati ...

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Tax cuts would benefit Alabama more than a one-time rebate

January 20, 2023
by Justin Bogie EditorialsFiscal Policy

Tax cuts would benefit the state more than one-time rebate checks, Mississippi Center for Public Policy President and CEO Douglas Carswell recently explained. This call for permanent tax cuts rather than rebates comes despite the Mississippi legislat ...

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How Washington’s looming debt limit fight could impact you

January 18, 2023
by Justin Bogie EditorialsFiscal Policy

The federal government expects to reach the statutory debt limit this Thursday, setting up another high-profile political showdown in Washington, the first real test for the newly elected Republican House majority.The debt limit represents the total ...

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Alabama lawmakers should ‘do more’ with historic surplus

January 18, 2023
by Justin Bogie EditorialsFiscal Policy

“We can do more.”That was the message Alabama’s newly elected Speaker of the House, Rep. Nathaniel Ledbetter (R-Rainsville) gave lawmakers on Tuesday afternoon. The statement came on the heels of Ledbetter lauding increased state funding for educatio ...

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