Alaska

: TaxVox

Tax States of the States: Mixed, Murky and Sometimes Mercurial

Governor LePage wants big tax cuts for Maine. Republican Paul LePage’s new budget proposal would cut the top income tax rate by 2.2 percentage points to 5.75 percent, and apply it to single tax filers with incomes over $50,000, instead of the current threshold of $21,200. The plan would cut

January 12, 2015Renu Zaretsky

: TaxVox

On Credits, Boycotts, and the Economy

Congress is in recess until Monday, September 8. The Daily Deduction will resume its regular schedule when Congress returns. “ There will be credits .” Alaskans like the way oil industry profits are taxed --barely. The state grants a corporate income tax credit for qualified oil and gas service-

September 2, 2014Renu Zaretsky