June income tax collections from Franchise Tax Board are running more than $300 million over projections through June 22.
The board reports receiving nearly $4 billion in income tax payments and $187 million in refund requests.
Gov. Jerry Brown’s revised budget, unveiled in May, expected $3.75 billion to be collected by the board in June, less $291 million in refunds.
June has become the second largest revenue collection month for the state – almost as big as April.
That’s because the September estimated tax payment was eliminated in 2009 and the second quarter – payable June 15 – was bumped up from 30 percent to 40 percent of what’s expected Read more »
Maryland Democratic Party Chair Yvette Lewis issued the following statement after The Washington Post revealed that Mitt Romney, as head of Bain Capital, was a pioneer in outsourcing American jobs to countries like China and India.
Entitlement spending is the third rail of politics.
The post The third rail appeared first on Voice For Liberty in Wichita.
If school districts prevail in the Kansas school finance lawsuit, the result could be very costly for Kansas taxpayers.
The post Kansas school finance lawsuit could be costly appeared first on Voice For Liberty in Wichita.
It’s been nearly 50 years since Nashville and Davidson County voters decided they’d be better off with one government than two and created that thing we call Metro. Voters approved the consolidation of city and county governments on June 28, … Continue reading →
Kansas has overlooked ways to improve the operations and efficiency of state government.
The post In Kansas, there are ways to reduce the cost of government appeared first on Voice For Liberty in Wichita.
Boston, MA – Today, Romney for President released a new television advertisement in Iowa titled “First 100 Days: Iowa.” During President Romney’s first 100 days, he will move to repeal Obamacare and make government live within its means. But most of all, a Romney presidency will mean the people of Iowa will worry less about [...]