Tax Reform Tops the List

As we’re all no doubt aware, the tax reform debate is THE top issue being discussed currently in the Nation’s Capital. Yesterday, the US House advanced its tax reform legislation and sent it to the US Senate by a vote of 227 – 205. The bill as approved by the House represents a tax cut…

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Miscellaneous

The 2018 State Business Tax Climate Index by the Tax Foundation was released last week with few surprises in either the top or bottom 10 states in the listing. Less regulation-oriented states populate the 10 most business-friendly while the more progressive “pick up the rear”. Wyoming tops the list, followed by South Dakota and Alaska.…

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Disaster Relief Signed Into Law

Last Friday, President Trump signed into law the Disaster Relief and Airport and Airway Expansion Act of 2017. Don’t let the airport references in the title fool you, the significance of this bill for small business owners is the relief it provides for those whose businesses were devastated by recent Hurricanes Harvey and Irma. The…

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Revenge ON the Machines

No, we didn’t use the wrong preposition, city officials in San Francisco are indeed targeting the machines, or more specifically those who use machines instead of employees. The idea of hitting employers that utilize technology and automation (read: robots) with additional taxes for making their businesses more efficient (at the cost of employee jobs) first…

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Advancing Tax Reform

President Trump has raised the prospect of significant tax reform and pushed the Congress to focus on passing tax reform measures quickly. Anticipating the release of a tax reform bill and working to advance the tax priorities of franchisees across the country, the Job Creators Network (JCN) and the Asian American Hotel Owners Association (AAHOA)…

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Soda Tax Limbo

Speaking of being in limbo, retailers in Cook County, Illinois are between the proverbial rock and the hard place as relates the county imposed tax on sugary drinks. As we advised last week, the FDA has said that collecting the tax and then giving it back as a refund violates the federal food stamp program…

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Florida Governor Hopes To Make Tax Hikes Harder

It is a completely different type of ballot initiative campaign that Florida Governor Rick Scott is undertaking. Scott recently announced plans to push for an amendment to the state constitution that would require a supermajority in order for state taxes to be increased. Scott, who is term-limited out of office this year and expected to…

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Cuomo Kills NYC Millionaire’s Tax

OK, he may not have actually killed it, but declaring it DOA in Albany is about as close to terminal as it gets. A few weeks back, New York City mayor Bill de Blasio endorsed the idea of increasing the city income tax on an individual making more than $500,000 ($1 million for couples) by…

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A Ballot Trifecta

SEIU-backed Raise Up Massachusetts is looking to score on a trifecta of issues on the coming November ballot as the group filed two petitions with the Attorney General by Wednesday’s initial deadline.  The two petitions include increasing the Massachusetts minimum wage to $15 per hour, and mandating up to 26 weeks of paid sick leave.…

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No Break from Massachusetts Taxes

Pregnant or not, they’ll be no reasonable accommodation that costs Massachusetts its tax dollar! The state’s House of Representatives rejected the idea of a permanent weekend tax holiday when they passed and sent the Fiscal Year 2018 budget to the Senate. Representatives rejected a proposal to forego the sales tax every year on the third…

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