| 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...
| 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 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...
| Feb 6, 2014
Illinois House lawmakers pledged Wednesday not to consider special tax incentives for companies until the end of the spring session, and Rep. Jack Franks, D-Marengo, said the de facto moratorium could stretch until May.
That is when hearings on the...
| 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...
| 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...
| Dec 26, 2013
| 5:30 AM
ATLANTA — Ric Reitz makes movies. He helped bankroll the Matt Damon thriller "Contagion," Clint Eastwood's "Trouble With the Curve" and the Robert Downey comedy "Due Date."
Reitz, an energetic 58-year-old, doesn't hang out at the Polo Lounge, red-...
| Jul 25, 2013
| 8:59 AM
Of course, it's always nice when one of Connecticut's billionaires is getting lots of national attention, and in this case it's our richest resident: Stephen A. Cohen.
Cohen is a denizen of Greenwich and founder of SAC Capital Advisors, one of the...
| Jul 3, 2013
| 1:21 PM
A tax on gasoline went into effect in Harford County and across Maryland on Monday, adding about 4 cents to the cost of a gallon. Next year, that will increase again, and the same thing will happen the following year, then in 2016, the final increase in...
| May 19, 2013
| 4:00 AM
When Del. Andrew A. Serafini, R-Washington, introduced a bill during the 2013 session of the Maryland General Assembly seeking to reduce the state’s corporate income tax from 8.25 percent to 4 percent, he suggested that his bill might be a way to...
| May 11, 2013
| 7:22 PM
Even if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes.
With no crystal ball and no idea when spectacularly wealthy Connecticut residents might die, state officials make an educated...