| Aug 18, 2014
| 12:28 PM
Meet fictional 34-year-old identical twin brothers Fred and Ted.
Fred is a marketing manager for an import-export company. Ted is a social worker at a non-profit agency. Both are single and considered to be smart, successful guys. While Fred's annual...
| May 2, 2014
The end of the legislative session has featured an unusual amount of gear-shifting by the state's leading policy-makers. The most notable came last week when reality forced Gov. Dannel P. Malloy to abandon his $55-a-person income tax refund under pressure...
| Jun 4, 2014
| 3:45 PM
The morning after taking a major step toward an unprecedented fourth term, Gov. Jerry Brown held no public events, nor did he rally with other Democratic candidates before a bank of cameras.
Instead, Brown went to his office Wednesday morning and worked...
| May 4, 2014
| 8:47 PM
The numbers are in, and they're eye-catching: Gov. Jerry Brown's "soak the rich" tax increase really did drench them.
And it made California's harmful tax volatility that the governor regularly rails about even worse.
Tax volatility — the...
| Mar 26, 2014
| 8:55 PM
Gov. Pat Quinn and ruling Democratic lawmakers united Wednesday around what they say is a stark election-year choice — vote now to make permanent the temporary income tax increase they installed three years ago or face major cuts in state spending...
| Feb 7, 2014
Two years after Ace Hardware received a 10-year tax incentive package to keep its headquarters in Oak Brook, the company is back asking for a special tax break.
The 4,700-store cooperative is seeking legal authority to collect the $12.7 million it was...
| Jan 30, 2014
| 6:06 PM
SPRINGFIELD — House Speaker Michael Madigan played a little role reversal Thursday, proposing to cut in half the state income tax on corporations, a move that could further frame this year’s elections along economic lines as Democrats try to...
| Feb 28, 2014
| 7:42 AM
Does spending less money on state government stimulate the economy? That’s a question raised in a Los Angeles Times story Friday about states that have not restored budget cuts made during the belt-tightening of the recession.
The story focuses on...
| Feb 28, 2014
| 4:01 PM
The General Assembly will consider a handful of bills related to the mortgage crisis, but unlike in previous years, many focus on what happens to borrowers after foreclosure.
The bills — most of which would limit the risks of debt that can linger...
| Mar 21, 2014
| 9:34 AM
The number of jobs in Maryland decreased by 9,800 in January. The statewide unemployment rate remains high at around 6 percent (compared to 3.6 percent at the start of 2008), and projected state tax revenues have recently been adjusted downward by $238...
| Jan 15, 2014
| 5:37 PM
SACRAMENTO—Gov. Jerry Brown's proposed rainy-day reserve is better than nothing, but it falls far short of what the state really needs to fix its cockeyed tax system.
The governor is attempting to treat the symptoms of revenue instability rather...