What exactly is a gross receipts tax? Here is the New Mexico Taxation and Revenue Department’s definition: “The gross receipts tax is a tax on the privilege of doing business in the state. It applies ...
Supporters of Illinois Governor Blagojevich’s gross receipts tax have floated claims that have an air of “truthiness” about them. Here we analyze a number of those claims: Truthy Claim: Gross Receipt ...
With Washington instituting a new income tax (excuse me, an “excise tax on capital gains”) and California always chock-full of ideas to tax anything that moves, Oregon was probably beginning to feel ...
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Opinion | Oregon’s ‘Gross Receipts’ Tax Ballot Trick
There are bad ideas and then there are ideas so lousy that even liberal Democrats disown them. Count in the latter category an Oregon ballot measure that would stick companies with the highest ...
For all the outraged uproar in Illinois about Gov. Rod Blagojevich's proposed gross receipts tax, there are some kind things to be said about it. First, it's an idea, when one is needed. We all know ...
Next week, Oregon voters will weigh in on a tax-related ballot measure with concerning repercussions. Measure 118 would impose a three percent turnover, or gross receipts, tax on corporations with ...
STARTS RIGHT NOW. WITH THE PRICE OF JUST ABOUT EVERYTHING EXPECTED TO RISE, YOUR WALLET MAY TAKE YET ANOTHER HIT, ESPECIALLY IF YOU LIVE IN THE CITY OF ALBUQUERQUE. GROSS RECEIPTS TAX HIKE IS MAKING ...
A group of business leaders submitted paperwork Wednesday for a ballot measure that would repeal Los Angeles’ gross receipts tax, delivering some financial relief to local employers but also punching ...
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