Weird New Jersey Tax Debates Continue


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Since 1989, a magazine published in New Jersey called Weird N.J. has chronicled all things quirky, strange, unusual, and absurd in the Garden State. Weird N.J. could do an entire issue about the bizarre mix of tax policies floated in...

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Tax Justice Digest: Ryan Blueprint -- Trump -- California Experiment


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In the Tax Justice Digest we recap the latest reports, blog posts, and analyses from Citizens for Tax Justice and the Institute on Taxation and Economic Policy. Here's a rundown of what we've been working on lately.

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Donald Trump's Nonsense Rhetorical Appeal to Bernie Sanders Supporters


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It appears Donald Trump wants Bernie Sanders supporters to buy into the patently false notion that Trump is a populist candidate and their next best option. But Mr. Trump's disingenuous rhetoric doesn't pass the sniff test.

During a teleprompter-aided speech on Wednesday, a pandering Trump made a direct appeal to Sanders's supporters, saying that he would "fix a rigged system" that allows insiders to "keep themselves in power and in the money."

The truth is that Trump's actual proposals are quite the opposite of Sanders's proposals. One clear illustration of Trump's enrich-the-wealthy agenda is his tax plan, which hugely favors the top one percent. Sanders, of course, proposes big tax increases on the rich.

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West Virginia's Session Wraps-up Yet Need for Revenue Remains


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After a contentious budgeting process, West Virginia lawmakers brought their 17-day special session to a close last week after agreeing on a budget bill, SB 1013. That legislation, along with a separate bill that increases tobacco taxes, has since been signed by the Governor. This resolution follows the budget impasse that ended the Mountain State's regular session and a special session called to address the $270 million shortfall.

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State Rundown 6/23: Budget and Tax Happenings


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Thanks for reading the State Rundown! Here's a sneak peek: Alaska's legislative session continues to drag on, sessions in Louisiana, New Jersey, Pennsylvania, and Rhode Island are potentially nearing their end and Philadelphia's got a new soda tax. Don't forget to check out What We're Reading.

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Is Pay-Per-Mile Driven Better Than a Gas Tax? Experiment Gets Underway in California


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Next week California will launch an experiment to determine whether the state could repeal the gas tax and instead charge motorists for each mile they drive--essentially turning every public road into a toll road.
But while a per-mile charge does have merit, California's decision to expend so much effort studying this option while ignoring the preventable decline of its gas tax is problematic.

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Tax Justice Digest: Microsoft -- LinkedIn -- LA, NC and PA Update


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In the Tax Justice Digest we recap the latest reports, blog posts, and analyses from Citizens for Tax Justice and the Institute on Taxation and Economic Policy. Here's a rundown of what we've been working on lately.

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Pennsylvania's Budget Countdown: Will It Be Ready by July 1?


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With the recent nine-month budget stalemate fresh in everyone's memory, Pennsylvania legislators are vigorously working to avoid another multi-month budget impasse as fiscal year 2017 quickly approaches. With a $1.8 billion structural revenue gap and deep cuts to services at stake, time is of the essence.

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Microsoft's New Plan to Avoid $9 Billion in Taxes


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Some of America's most notorious offshore profit-shifters have found a new way to use the huge amounts of cash they've stashed in tax havens without paying the taxes they owe.

The latest is Microsoft, which is funding its takeover of LinkedIn by borrowing $26 billion, essentially using its $108 billion in offshore cash as collateral. By financing the purchase instead of paying for it outright, Microsoft will reportedly avoid $9 billion in federal income taxes this year and save more in years to come through tax deductible loan interest.

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State Rundown 6/16: Budgets, Tax Debates, and Legislative Progress


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The Rundown includes the latest on: Louisiana's second special session, North Carolina's Senate took steps to constitutionally cap the state's income tax rate, West Virginia lawmakers passed a budget, "dark store" drama in Michigan, some in Missouri want to freeze sales the state's tax base, and tax debates rage in New Jersey.

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