Budget Reformers Push Tax Cuts Despite Dip in Wisconsin Tax Revenue

The threat Wisconsin may see less money over the next two years is not deterring one budget reform group from pushing for “historic” tax reform.

The Institute for Reforming Government this week released its Playbook for Income Tax Relief in Divided Government.

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Years of Tax Revenue Surpluses Bring Grocery Tax Break to Tennesseans

Governor Bill Lee signed the largest tax cut in Tennessee history on Thursday, his office announced. The Tennessee Works Tax Act (TWTA) aims to provide $400 million in savings for families and small businesses.

The sweeping new legislation includes a three-month grocery tax holiday, a tax credit for companies who offer paid family leave to employees, and $150 million in small business tax relief. 

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$400 Million Tax Cut Bill Includes Grocery Tax Holiday, Tax Cuts for Small Businesses

According to the Tennessee Department of Revenue (TDOR), the state will soon begin implementing a $400 million tax cut law recently passed by the Tennessee General Assembly.

“Decades of smart fiscal stewardship have enabled Tennessee to maintain a balanced budget while cutting taxes for Tennessee families and businesses,” said Governor Bill Lee in a TDOR release. “We are proud to continue that legacy this year by putting dollars back in the pockets of Tennesseans and supporting future economic growth across Tennessee, and I thank the General Assembly for its partnership to promote future growth and opportunity for our state.”

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New Report Highlights Benefits of a Wisconsin Flat Tax

As the Wisconsin Legislature considers sweeping tax cuts, a new report finds a flat tax would yield substantial benefits for all. 

The report, published by the Badger Institute, notes single-rate reform to Wisconsin’s costly progressive tax system would spur faster economic growth, creating more jobs and more investment — all while lowering the burden on Badger State taxpayers. 

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Katie Hobbs Breaks Arizona Veto Record for a Single Session

The Arizona Senate Majority Caucus released a statement Tuesday, announcing that Governor Katie Hobbs had vetoed another 11 bills, bringing her total to 63 and surpassing the previous record for most legislation vetoed in a single session.

“Vetoing is a tool that weak leaders will use in an effort to control legislative priorities, and we’re witnessing this tactic front and center from Katie Hobbs,” said Senate President Pro Tempore T.J. Shope (R-Coolidge). “Instead of demonstrating diplomacy and bipartisanship, the Governor is showcasing her failure to work across the aisle. Instead of accomplishing the priorities of our citizens and strengthening our communities, she’s done little outside of hosting press gaggles and photo ops with activist groups and Democrats alike.”

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Evers Unveils Record $104 Billion Budget Plan, Republicans Get Ready to Rewrite

Billing it a “breakthrough budget,” Governor Tony Evers rolled out a massive two-year spending plan on Wednesday that would dump billions more taxpayer dollars into a host of new programs, raise taxes by $1 billion-plus on businesses, deliver a sweetheart deal to the Milwaukee Brewers, and gobble up much of the state’s historic $7.1 billion surplus. 

At approximately $104 billion, Evers’ budget proposal is the first to break the $100 billion mark and comes in at about $13 billion more than his 2021-23 plan and more than $16 billion higher than the current budget he signed into law in June 2021. 

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Gov. Tony Evers Signals Big Spending Plans for Wisconsin in State of the State Address

In his fifth State of the State address Tuesday evening, Gov. Tony Evers began laying out how he plans to use Wisconsin’s $6.6 billion surplus, pitching a spending bender of big government initiatives already with a price tag to date of around $1.3 billion. But there’s more to come. Evers is still constructing his biennial budget plan, set for release in a few weeks. 

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Arizona Senate Republicans Introduce Tax Cut Bills for Groceries and Rent Payments

State Senate Republicans have introduced two bills that target Arizona’s grocery and rental taxes to give local families a financial break. Kim Quintero, the spokeswoman for the Senate Republican Caucus, told The Arizona Sun Times that it would be unwise for Governor Katie Hobbs (D) to veto bills like these should they pass the legislature.

“It would not be wise of the Governor to veto the food tax bill, as this will provide immediate inflation relief to those living paycheck to paycheck, and it’s something that resonates with a large portion of her voter base,” Quintero said via email.

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Youngkin Says Tax Cuts Can Give Virginia a Win Against Other States

 Heading into the second year of his term, Virginia Gov. Glenn Youngkin says he wants to “compete to win” with other states when it comes to attracting business and people to the Commonwealth. 

That was the main takeaway from a speech given by the governor Thursday, when he touted proposed budget amendments to cut $1 billion in taxes and outlined his strategy to “win” in the Commonwealth. 

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Robin Vos Looks to Compromise with Governor on Abortion, School Choice, Tax Cuts

The top Republican in the Wisconsin Assembly says he’s willing to work on “solutions” with Gov. Tony Evers. 

Speaker Robin Vos on Thursday said he sees Republicans offering the governor compromises on abortion, school choice and taxes. 

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Kari Lake Slams Katie Hobbs for Not Supporting More Tax Cuts as Inflation Continues to Soar

New data shows that inflation continues to rise for consumers across the country, and in response, Arizona’s gubernatorial Republican nominee Kari Lake slammed her Democrat opponent Katie Hobbs for not supporting more tax cuts in the state.

“Today’s skyrocketing inflation data is another tragic reminder of the damage Democrats like Katie Hobbs and Joe Biden have done to Arizona’s economy. Arizona families can’t keep up with the soaring costs. I have a plan to provide some immediate relief by eliminating taxes on groceries and rent, which Katie Hobbs obviously opposes because she’d rather tax you than help you. It’s unfathomable that Katie Hobbs wants Arizonans to pay tax on top of these already crushing prices, but not surprising coming from the party of Joe Biden,” Lake said in a statement emailed to the Arizona Sun Times.

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New Kari Lake Ad Promises to Cut Taxes for Arizonans

Arizona’s Republican gubernatorial nominee Kari Lake told Arizonans that economic relief might be on the horizon in a new ad released Sunday detailing her plan to fight high costs if elected as the state’s next governor.

“Thanks to Joe Biden’s and Katie Hobbs’ liberal tax-and-spend agenda, Arizona has one of the highest rates of inflation in the country. Katie Hobbs and the Democrat Party won’t do anything to provide relief for Arizonans, but Kari Lake will,” said the Kari Lake Campaign in a statement.

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Report: Tax Cuts Dropped as Whitmer, GOP Disagree

Tax cuts are no longer on the negotiating table as Gov. Gretchen Whitmer and the GOP-dominated Michigan Legislature square off before a deadline to submit a budget.

Crain’s first reported the story, citing two anonymous sources familiar with negotiations, and said lawmakers hope to pass a budget on Thursday.

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Virginia Budget Deal Includes Middle-Class Tax Cuts, Grocery Tax Cut

After months of debate about Virginia’s biennium budget, lawmakers reached a deal to provide an income tax cut for the middle class, a reduction in the grocery tax and a pay raise for teachers.

The deal earned approval from Republicans and Democrats in a joint conference committee, but still needs to pass the House of Delegates and the Senate and be signed by Gov. Glenn Youngkin. Republicans narrowly control the House and Democrats narrowly control the Senate.

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Minnesotans Demand Permanent Tax Cuts: ‘They’re Stealing from Us’

Minnesotans are calling on Gov. Tim Walz and the Legislature to return the record-breaking $9.3 billion budget surplus to the people by permanently cutting taxes.

A crowd gathered inside the Minnesota Capitol rotunda Saturday for the “Give it Back Tax Rally.” The rally was hosted by the Center of the American Experiment and involved several speakers including multiple radio hosts and a former U.S. congressman.

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The John Fredericks Show: Virginia State Senate Candidate John McGuire Talks Youngkin’s Tax Cut

John McGuire

Thursday morning on The John Fredericks Show, host Fredericks welcomed House Delegates member John McGuire who is now running for the Virginia State Senate to talk about why his running and getting Governor Younkin’s tax cut passed through the Senate.

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Lawmakers Call for Challenge to ARPA Rules Limiting Connecticut Tax Reduction

Ned Lamont

Connecticut Republican legislators said on Saturday they want the state to challenge a part of the American Rescue Plan Act which limits states’ ability to cut taxes.

GOP senators and representatives are calling for tax reduction beyond the targeted relief backed by Gov. Ned Lamont (D). A major roadblock to greater decreases will be the COVID-relief bill President Joe Biden signed into law last year. The act included $195.3 billion in recovery funds for states and barred states accepting allocations from using them to “directly or indirectly offset a reduction in net tax revenue… or delay the imposition of any tax or tax increase.”

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Governor Walz Releases Proposed Budget, Includes $500 Payments to Residents

Penny Flanagan and Tim Walz

Minnesota Governor Tim Walz and Lieutenant Governor Peggy Flanagan released a new budget that considers a budget forecast projecting an increased surplus.

An analysis from the Minnesota Management and Budget office detailed that the state’s budget surplus has increased to roughly $9.3 billion.

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Minnesota Ranks Among States with Highest Income Tax, New Report Shows

Minnesota ranks among states with the highest income tax, a new report from the Tax Foundation shows.

The organization, a nonpartisan nonprofit that analyzes tax policies from each state, ranked the governments based on the impact of their individual income taxes, as Minnesota was placed at number 43 in the country.

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Knox County Mayor Glenn Jacobs Talks State Budget Bump and Fighting Mask Mandates

Glenn Jacobs

Tuesday morning on The Tennessee Star Report, host Leahy welcomed Mayor Glenn Jacobs of Knox County to the newsmakers line to talk about this continued fight against mandatory mask mandates in schools and the new state budget.

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Connecticut Gov. Lamont Proposes $336 Million in Tax Cuts

Gov. Ned Lamont said he is proposing a package of legislative proposals that would provide for $336 million in tax relief for state residents.

The governor announced the first package of tax aid comes as the state has a projected $1.48 billion surplus in its operating budget. The surplus, Lamont said, enables the tax cuts to be built into the budget and will ensure the state’s Rainy Day Fund remains strong.

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State Represenative Jerry Sexton Talks State of the State, Budget, and Tax Cuts

Wednesday morning on The Tennessee Star Report, host Leahy welcomed State Representative Jerry Sexton from Bean Station in studio to talk about his district changes and State of the State Address.

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Trump Ended His First Year with Big Tax Cut Win, Biden Finishes His with Crushing Manchin Loss

Buffeted by a Russia scandal that proved false, Donald Trump ended the first year of his presidency on a high note with passage of historic tax cuts. In contrast four years later, Joe Biden’s first year in office is ending with a stunning rebuke from a senator in his own party.

On Sunday, Sen. Joe Manchin (D-W.Va.) gave a resounding “No” to Biden’s signature Build Back Better legislation, leaving an uncertain path for the Democrats’ ambitious agenda despite the fact they control the Senate, House and White House.

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Report Shows Arizona Has Recovered All Jobs Lost During COVID-19 Pandemic

Job fair by Arizona Office of Economic Opportunity

Arizona has recovered all jobs that were lost during the coronavirus pandemic, according to a report from the Arizona Office of Economic Opportunity (OEO).

The data shows that the state’s economy has gained 101 percent of jobs lost during the initial months of the economic shutdowns associated with the pandemic.

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Studies: Trump Tax Cuts Helped Lower Income Families, Build Back Better Helps Wealthier Americans

family of three eating pizza

Democrats have argued that the tax reforms implemented through the 2017 Tax Cuts and Jobs Act (TCJA) only benefited the rich, and that the Build Back Better Act (BBBA) will help middle-and working-class Americans the most.

But several nonpartisan groups found that the TCJA reduced the tax burden for the middle- and working-class by up to 87% and, they argue, the $2.4 trillion BBBA – before the U.S. Senate this week – would increase taxes on the middle- and working-class by up to 40%.

A new analysis published by the Heartland Institute found that the TCJA reduced the average effective income tax rates for taxpayers in every income tax bracket – but the lower- and middle-class saw the greatest benefits – with the lowest-income filers receiving the largest tax cuts.

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Michigan State Senator Aric Nesbitt Introduces Bill to Cut State Taxes

Michigan State Senator Aric Nesbitt (R-Lawton) on Thursday introduced legislation to cut the state’s income tax rates.

The measure, Senate Bill 768, would reduce the personal and corporate income tax rates to 3.9% from 4.25% and 6%, respectively.

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Lawsuit Filed Against Referendums That Attempt to Reverse Arizona’s Historic Tax Cuts

The Arizona Free Enterprise Club filed a lawsuit recently against Invest in Arizona over the organization’s attempt to get three referendums on the Arizona ballot that would reverse Arizona’s recently passed tax cuts. The lawsuit contends that since the tax cuts “provide for, and directly relate to, the generation of revenues that are remitted to the general fund and appropriated to various agencies, departments and instrumentalities of the state government,” they cannot be the subject of a referendum and are unconstitutional.

AFEC President Scot Mussi, who is one of the plaintiffs, said, “All three bills directly provide for the support and maintenance of the state, were key aspects of the state’s budget, and therefore are not referable by Invest in Arizona.”

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Progressive Groups Seek to Reverse Historic Arizona Tax Cuts

A coalition of progressive groups filed a request with the Secretary of State’s office on Friday for a voter referendum that would block historic tax cuts that were passed by the state legislature and enacted by Governor Doug Ducey.

The groups will now have 90 days to collect a minimum of approximately 120,000 valid signatures from residents of the state — a move that would prevent the tax cuts from taking effect until all voters could decide on the measure in November 2022.

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Governor Mike DeWine Signs Ohio Budget into Law

Ohio Governor Mike DeWine (R) signed the state’s budget into law in the early hours of Thursday morning — but not without vetoing several components of the bill.

The budget, which will find the state’s operations for two years, including key provisions such as tax cuts and the funding of public K—12 schools.

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Arizona Legislature Wraps up Session for the Year

The Arizona Legislature wrapped up this year on Wednesday with a nearly record-long session, reaching 171 days. Lawmakers came to an agreement on most of the budget last Friday that contained historic tax cuts. Governor Doug Ducey signed that bill, HB 2900, also on Wednesday.

During the last few hours, the legislature approved the education budget bill, HB 2898, which included an expansion of the school voucher program. It reduces the length of time children must attend a public school before they are eligible for vouchers to use at a private school. Low-income children who live near poorly-rated schools will be eligible immediately, and others will only have to spend 45 days in the school, down from 100 days.

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Historic Income Tax Overhaul Reduces Burden by 13 Percent for Most Arizonans

Arizona Governor Doug Ducey is expected to sign a budget bill the Arizona Legislature sent to him on Friday that includes a historic tax reform package. HB 2900 implements the lowest flat tax in the country, 2.5%. The average Arizona family will see a 13% income tax reduction, about $350 per year. According to the nonpartisan Tax Foundation, Arizona previously had one of the highest marginal income tax rates in the country. 

The budget bill also eliminates taxes on veterans’ retirement pay and prevents a 77% increase on small business taxes. It reduces property taxes by 10% on small businesses and job creators by 10%, capping the maximum tax rate on businesses at 4.5% and reducing commercial property taxes. According to a report by Ducey, 43% of Arizonans in the private sector work for small businesses. HB 2900 increases the homeowner’s rebate so the state covers half of homeowners’ primary property taxes.

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Analysis: Federal Tax Overhaul Increased Taxes on Wealthy in Many Blue States

The 2017 Tax Cuts and Jobs Act, harpooned by progressive Democrats as a handout to wealthy corporations, turned out to be more progressive in practice, new data from the federal government revealed. 

The federal tax reform measure supported by President Donald Trump increased taxes on some wealthy property owners in high-tax jurisdictions such as Illinois and New Jersey and decreased tax burdens on the middle class. 

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Commentary: Embrace Fiscal Responsibility, Not Tax Cuts, in 2020

As Democratic presidential candidates stumble over one another in a headlong rush towards socialism and fiscal insanity—promising trillions in new spending on everything from child care, health care, and higher education for all, to “the Green New Deal” and slavery reparations—President Trump faces a critical choice.

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Cameron Sexton Radio Spots Promote Republican Legislative Accomplishments

  State Representative Cameron Sexton (R-Crossville) is promoting the legislative accomplishments of the Republican Administration and legislative supermajorities with a new pair of radio ads. Many of the successful legislative items, from tax cuts to school safety to job creation were lost in the shuffle when scandals involving House Speaker…

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Trump Tax Cuts Spur Unexpectedly High State Revenues

by Evie Fordham   The Tax Cuts and Jobs Act touted by President Donald Trump is one of three reasons that at least 19 states are reporting unexpectedly high general fund revenue halfway through fiscal year 2019, tax policy expert Adam Michel told The Daily Caller News Foundation Thursday. “Trump…

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Blackburn Campaign Releases Final Two Ads Prior to Election Day Highlighting Trump and Border Security

The Marsha Blackburn campaign for the U.S. Senate on Saturday released its final two television ads which will air in media markets across the state. In an ad titled, “Closing,” U.S. Rep. Blackburn (R-TN-07) says, “As a World War II veteran’s daughter, I know America is always one generation from…

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In Honor of Trump’s Visit to Johnson City, Group Names Plethora of Examples of Tennessee Business Growth Thanks to President’s Tax Cuts

In honor of President Trump visiting Johnson City Monday night, Americans for Tax Reform (ATR) released a list of “Tennessee Examples of Tax Reform Good News.” Trump’s appearance was a Make America Great Again (MAGA) midterm rally to share “great news” about the economy and support U.S. Representative Marsha Blackburn…

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Trump’s Tax Cuts Were ‘Oversold,’ Says Bredesen, Who Raised Taxes and Fees by Nearly $1 Billion as Governor

Former Governor Phil Bredesen said Wednesday that President Donald Trump’s tax cuts were “oversold” and have had little impact on falling unemployment rates. Bredesen’s comments appeared in a story in The Tennessean based on an interview with the newspaper’s editorial board. Bredesen is running for the U.S. Senate seat being vacated…

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Small Business Owners: Trump’s Tax Cuts Miraculous for Tennessee

Marsha Blackburn

FRANKLIN, Tennessee — The national economy is on fire right now, thanks to Republican President Donald Trump’s tax cuts. Yet this story isn’t getting the media coverage it deserves. Tennessee’s small business owners, meanwhile, are thriving. They’re expanding their businesses. They’re hiring more employees. As if it wasn’t already obvious,…

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Trump Tax Cuts At Risk: Democrats Conspire to Repeal While Record Low Unemployment Surges

Steve Gill

Tennessee Star Political Editor Steve Gill discussed on Monday’s edition of The Gill Report – broadcast on Knoxville’s 92.3 FM WETR – how Democrats are conspiring to repeal the Trump tax cuts while record low unemployment among Hispanic and African-Americans surge and the federal government rakes in a record amount of…

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Hardly ‘Crumbs’: Cookie Maker Hires Five Workers, Raises Pay, Expands Production Under Tax Cuts

Joseph Semprevivo

by Rachel del Guidice   The overhaul of the tax code by congressional Republicans didn’t produce just crumbs for the business of a popular cookie maker based in Florida. The Tax Cuts and Jobs Act has meant hiring, raises, investment in new equipment, and expanded operations, he says. “It has had…

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Citing Tax Cuts, McDonald’s Serves Up Tuition Benefits for Employees

by Rachel del Guidice   Fast-food icon McDonald’s will supersize its 3-year-old education benefits program for hundreds of thousands of employees. McDonald’s Corp. will allocate $150 million over five years to its global Archways to Opportunity education program, tripling its reach, the restaurant giant announced Thursday. “This investment will provide almost 400,000 U.S. restaurant employees with…

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Democrats Bash Corporate Tax Cuts Even as Their Blue States Slash Their Rates

Democrats trained their heaviest fire in attacking the measure’s corporate tax cuts, as a massive giveaway to the rich. But even as prominent Democrats like Senate Minority Leader Chuck Schumer (D-N.Y.), and Sens. Sheldon Whitehouse (D-R.I.) and Richard Durbin (D-Ill.) trashed the idea, their extremely blue home states have been…

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