Massachusetts Millionaires in the Crosshairs

Speaking of Massachusetts laws, the front group behind many of the minimum wage issues in the state, Raise Up Massachusetts, is also pushing a new ballot initiative that seeks to impose a Millionaire’s Tax on those individuals earning $1 million or more per year.  The group held a rally earlier this week at the State…

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Cuomo Accuses Business of Stealing

Incredibly, New York Governor Andrew Cuomo accused businesses of stealing from the taxpayers because the state provides financial assistance to residents earning below certain levels of income.  On a “push the legislature for $15/hour wage” tour, the Governor said that “Business is stealing from the taxpayers of this state” because workers making less than $15/hour…

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Tax Foundation Releases State Tax Report

In a perfect follow-up to the above story on the Governor’s take on New York businesses, the Tax Foundation released the 2016 State Business Tax Index this week, with New York coming in 2nd last in the country!  The index, which is released annually, measures how well states structure their tax systems as relates the…

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California Senate OKs Fair Franchise Bill

The California state senate yesterday moved the Fair Franchise bill (AB525) another step closer to becoming law when it approved the legislation and sent it to a final concurrence vote in the state Assembly before heading to Governor Jerry Brown for his signature.  There were compromise amendments adopted in the senate to make the proposal…

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SCOTUS Upholds ACA & IRS Ends Reimbursements

Notwithstanding the big news in today’s papers that the US Supreme Court (SCOTUS) decided in the King v. Burwell decision to uphold the funding mechanisms for the Affordable Care Act, Internal Revenue Service rules next week officially end the transitional exemption from the excise penalty for a small employer (generally less than 50 employees or…

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Maine Legislature Blocks Governor’s Tax Repeal

The Maine legislature succeeded at last this week in thwarting Governor Paul LePage and his effort to repeal the state income tax.  LePage has been pushing for a constitutional amendment that would eliminate the income tax (put in place in 1967) and replace its funding with increases to the state sales tax.  The Maine Senate…

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It Ain’t Over Til It’s Over

We’ve enjoyed following Maine Governor Paul LePage and his quest to eliminate the state income tax with a constitutional amendment.  He coupled this idea with a host of legislative initiatives, all of which are geared toward improving the economic climate in Maine.  This past week however, the legislature’s Appropriations Committee rejected a number of tax…

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California Giveth and LA Taketh Away

There was both good news and bad for franchise owners coming out of the Golden State this week as the full California Assembly passed AB 525, the Franchise Relations Act, which will help restore some balance to the franchise relationship.  Just two days later, the Los Angeles City Council, by a 14 – 1 vote,…

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Maine Governor Backing Right-To-Work

Governor Paul LePage, who has been a staunch supporter of loosening the shackles on business to create more economic opportunity for Mainers has now thrown his support behind a long-shot effort to make Maine the 26th Right-To-Work state in the nation.  The Governor’s senior economic adviser led a host of administration officials testifying in favor…

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Maine Is Legislative Hotbed

Although one might not normally identify the state of Maine as a hotbead of legislative activity, it is certainly fitting that bill thus far this year.  Maine’s pro-business Governor Paul LePage has been advocating legislation that would prohibit individual cities and towns from creating their own minimum wages, and representatives of his administration spoke in…

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