Rise to the moment of truth Thursday, February 2, 2023

Tag: TAXES

JONATHAN BARBEE
Former Jefferson County Constable Jonathan Barbee arrested on ethics and tax charges

A former Jefferson County constable has been accused of evading taxes and using his position to pay family members.

Taxes, cut taxes
Justin Bogie: Lawmakers should take less money from you in 2023, not look for ways to spend more

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.

Money, dollars, bills
Stephanie Holden Smith: Finders keepers, losers weepers

Withholding is arguably one of the most damaging things ever done to our country because it allows the government to take what is rightfully earned by you (your money) before you even get your hands on it.

Alabama money tax
Justin Bogie: When it comes to tax relief, Alabama should strive to be more like Mississippi

It is a simple choice for lawmakers. They can stop the record growth of government that the state experienced over the past four years and cut taxes, or they can continue to expand the bureaucracy until the money finally runs out.

Montgomery
Montgomery City Council delays lodging tax increase vote

Members of the Montgomery City Council delayed voting on an ordinance at a Tuesday night meeting that would increase the city’s lodging tax.

Tax forms
Wall Street Journal dings Alabama for tax climate

A study released by the Tax Foundation last month on states’ business tax climates shows “which states are serious about competing for labor and capital,” according to a recent editorial by the Wall Street Journal.

Property tax pipgroup com
Prattville area residents to vote on property tax hike for school funding

Prattville area residents will get to decide Tuesday at the polls if they want to increase their property taxes by 15 mills to boost funding for schools in the most-populated area of Autauga County.

1819 Stantis RGB AL open for taxes 1103
Stantis: Alabama taxes put businesses on the chopping block

Alabama ranks 41st overall nationwide for its business tax climate, dropping two spots since last year and finishing with the lowest score in the Southeast.

tax cut, taxes
Justin Bogie: Grocery and other permanent tax cuts 'on the table' in 2023, but lawmakers should think bolder

The talk of the legislature pursuing meaningful tax cuts during the 2023 regular session continues to pick up momentum.

Marshall County Commission
Marshall County mulls 1-cent sales tax increase for added school funding

While some argued against the tax, almost everyone in attendance agreed on one thing: the Marshall County School System is in dire financial need.

DOR
Alabama ranked worst in Southeast U.S. for business tax climate — Last in the nation for its sales tax burden

Alabama has the worst tax climate for businesses in the Southeastern United States, according to the 2023 State Business Tax Climate Index released Tuesday.

Rebuild
‘Rebuild Alabama’ tax hike revenue earns $24 million above initial estimates

A gas tax increase passed from the Rebuild Alabama Act of 2019 raised about $24 million, or 7.5%, more in revenue than initially expected in the most recent fiscal year. 

tax cut
Justin Bogie: Alabamians deserve permanent tax relief, not just a one-time check

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

Alabama flag money
Phil Williams: Show me the money!

Is it possible that the elected leadership in Montgomery believes that we don’t have enough revenue? Not at all. The numbers don’t lie, and Alabama has more cash on hand than we’ve ever had.

Tax, tax relief
Justin Bogie: Permanent tax relief is 'very important' to Alabamians

The argument that an economic recession is coming, and the state must be fiscally responsible to weather that storm, does not line up with the actions of the legislature over the last four years. 

tax money magnifying glass
Stephanie Holden Smith: Stop taxation gaslighting in Alabama

The incremental nature of taxation aids in its universal acceptance, but one point should be made in regards to government money: it doesn’t exist.

A businessman puts two puzzles with the words Tax and Relief. The concept of reducing the debt burden on business and local production to increase the competitiveness of their products. Economy stock photo
Justin Bogie: Another 'record' surplus in 2022 proves that Alabama can afford historic tax relief

Last Friday marked the end of the 2022 fiscal year. For state government, it was another record-breaking year.

IveyNoem
South Dakota, West Virginia governors announce major tax cut plans. What about Alabama?

In another sign that Alabama needs to pass major tax relief soon to remain competitive with much of the rest of the nation, South Dakota Gov. Kristi Noem and West Virginia Gov. Jim Justice both announced major tax cut proposals for their respective states this week.

Property tax pipgroup com
Houston County approves property tax increase

Houston County Commissioners approved a property tax increase benefitting the Houston County Healthcare Authority on Monday.

Business concepts, cutting tax stock photo
Justin Bogie: Lower taxes, better education are keys to attracting business to Alabama, not incentives

The Alabama Jobs Act is set to expire on July 31, 2023, meaning that economic incentives could be a major topic during next year’s regular legislative session. 

AP167445531997
State Sen. Orr says doing both tax cuts and tax rebates a possibility

State Sen. Arthur Orr (R-Decatur), the Senate Education Budget Committee chairman, had previously floated the idea of one-time tax rebates.

Tax refund, tax rebate
Justin Bogie: Alabamians deserve more than a one-time tax rebate

“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.

Tax, tax relief
Alabama Policy Institute: State government should enact at least $750 million in permanent tax relief for Alabamians

Thirty-two states have enacted some form of tax relief for citizens in 2022. Missouri is poised to become the 33rd. 

tax money
Alabama on 'an island' in Southeast — No major tax relief in 2021 and 2022

Alabama was the only state in the Southeast to not offer its citizens any broad-based, major sales or income tax relief in 2021 or 2022.

Alabama money tax
Biden’s student loan forgiveness tax-free In Alabama

Alabamians likely won’t owe any state taxes on the amount received from President Joe Biden’s student loan forgiveness plan announced last week. 

Tax, dollar money bags on a simple balance scale stock photo
'Nobody knew anything about it': Group accuses Daphne of keeping quiet about referendum to raise taxes on Tuesday

An effort to increase property taxes in Daphne is catching voters by surprise during Tuesday’s special election. According to a group of critics, this was deliberate.

Sessions
State Sen. Sessions eyes eliminating business personal property tax

If State Sen. David Sessions (R-Grand Bay) has his way, he would completely eliminate the business personal property tax.

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