States Review Rebates, Roads, And Revenues
Tax refunds up for debate in North Carolina. The state has about a $1 billion budget surplus, and the Republican Senate leader wants to send it back to taxpayers as rebates. The rebates would come out to $204 if divided by the number of North Carolina filers.
Perhaps a road usage charge in Michigan. A fiscal year 2025 state budget proposal calls for a pilot program to fund road repairs and maintenance based on a vehicle’s mileage, rather than reliance on the gas tax. State Democrats want to provide the Department of Transportation with $5 million for a “road usage charge study.”. The study would evaluate a mileage-based revenue collection system and compare it to the current system of fuel taxation.
Do data centers need state tax breaks anymore? With the rapid growth of artificial intelligence, states are rethinking the worth of tax incentives designed to lure data centers to their locations. Data centers often employ just a few dozen people, and electricity use by data centers will increase at an annual rate of 15 percent through 2028.
Seattle advocates ask for a higher transportation tax. Voters will decide in November whether to renew a property tax for $1.45 billion over eight years. Advocates argue it’s not enough and want a levy to raise about $1.9 billion for more bike and pedestrian safety measures. A local poll finds Seattle residents might support it.
Ohio remote worker based in Pennsylvania gets a tax refund after City of Cleveland drops appeal. The city had appealed a ruling that enjoined the city from collecting municipal income taxes from income earned out the city by a taxpayer named Manal Morsy. Morsy worked from her home in Pennsylvania during the pandemic and will now receive a full refund with interest from Cleveland, reports TaxNotes (pawall).
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