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Hometax

Posts tagged: tax

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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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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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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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