By Dan Gearino, Dispatch.com Several states have used taxes on oil and natural-gas production to reduce the burden on everyone else, a club that Gov. John Kasich would like Ohio to join. He lists Texas, Michigan, West Virginia and North Dakota as examples of places that have higher taxes on oil and natural gas than [...]
Oil, gas taxes vary widely by state
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How to Avoid Unfair Property Taxes; Top 15 Highest Property Tax Counties
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By SUSANNA KIM, ABC News The battered real estate market has another side effect that often goes overlooked, consumer finance and tax experts say: Millions of homeowners are unknowingly paying too much property tax. According to the National Taxpayers Union, about 30 percent of properties in the U.S. are assessed at higher values than they [...]
U.S. Corporate Taxes Need to Go to Zero
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By Chris Markowski, The Street.com – Opinion NEW YORK — On April 1, our ally Japan is playing a cruel little April Fools’ Day joke on us: The country is lowering its corporate tax rate from 39.5% to 35%. This will give the United States the dubious and awkward distinction of having, at 39.2%, the [...]
To close tax loopholes, Obama would open new ones
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President Barack Obama wants to close dozens of loopholes that let some companies pay little or nothing in taxes. But he also wants to open new ones for manufacturers and companies that invest in clean energy. To some analysts, the new loopholes risk upending the level playing field Obama says he wants to create. Some [...]
Colorado voters reject raising taxes to support education
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From: TheLATimes.com In what could be a harbinger of the 2012 election, Colorado voters Tuesday overwhelmingly rejected a measure that would have raised nearly $ 3 billion for education by temporarily increasing state income, sales and use taxes. With 59% of the projected vote counted, Proposition 103 was trailing 65% to 35%, the Associated Press [...]
GOP rivals focus on flat taxes, smaller government
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By TOM RAUM, Associated Press WASHINGTON (AP) — On jobs and taxes, the top Republican presidential rivals are locked in a fierce game of one-upmanship. They’re all trying to outdo each other in offering the boldest economic plan for the campaign to unseat President Barack Obama next November. Despite some notable differences in the blueprints, [...]














