Tag: TAXES

The Alabama Policy Institute (API) is backing a bill by House Minority Leader Anthony Daniels (D-Huntsville) to remove the state tax on overtime pay.

State Sen. Andrew Jones (R-Centre) filed legislation that would reduce existing local occupational taxes incrementally down to 1% and exempt some employees from the tax.

Gov. Kay Ivey is including a one-time tax rebate, but no permanent tax cut, in her proposed budget for the next fiscal year.

The Alabama Department of Revenue (ALDOR) is delaying the state tax filing deadline for Alabamians who reside or have a business in federally declared disaster areas in Alabama where damage was caused by severe weather in January. 

Alabamians in counties under a disaster declaration by the Federal Emergency Management Agency (FEMA) from January storms now have until October to pay their taxes.

Democrat State Rep. Anthony Daniels should be commended for his willingness to lower taxes and propose legislation providing economic relief to hard-working Alabamians.

When it comes to individual income tax rates, Alabama is currently middle of the road compared to other southern states. That is changing.

Alabama has the fourth-highest state and local combined sales tax rate in the nation in 2023, according to a recent analysis by the Tax Foundation.

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.

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

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.

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.

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

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.

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.

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.

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

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

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

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. 

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.

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.

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. 

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.

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

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.

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