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Tag Archives: Taxes

Hit the gas: 7 states raise fuel taxes

Seven states have increased their gasoline taxes on Sunday. "The reasons for these increases vary, but most will invest new resources in the maintenance and construction of infrastructure projects," said Carl Davis, research director of the Institute of Taxation and Economic Policy. Nebraska lowered its gasoline and diesel tax by 0.4 cents per gallon. Here are the seven states that …

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Budget deal increases taxes, spends more

Gov. Phil Murphy (Photo: Chris Pedota / NorthJersey.com) Gov. Phil Murphy and other Democrats pressed on Saturday for a deal to raise taxes on multimillionaires and corporations To spend more on public transport, schools and other services, a compromise was reached just hours before their constitutional deadline. Murphy and the Legislature praised the deal as a fiercely-contested victory that instituted …

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California bans new local taxes on soda by 2030 (VIDEO)

California has banned all new local taxes on food, including soda, by 2030 to avoid a ballot fight with the beverage industry. Taxes on sugary drinks are retained. Proponents say these taxes have been successful in combating health problems caused by drinks, such as obesity. Continue Reading But big beverage companies like Coca-Cola and PepsiCo used the state's political system …

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California bans new local taxes on soda by 2030

California has banned all new local taxes on food, including soda, by 2030 to avoid a ballot fight with the beverage industry. Taxes on sugary drinks are retained. Proponents say these taxes have been successful in combating health problems caused by drinks, such as obesity. But big beverage companies such as Coca-Cola and PepsiCo used the state's political system to …

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California bows against the beverage industry, blocking soda taxes

Receive breaking news and special reports. The news and stories that are important were delivered on weekday mornings. SUBSCRIPTION A new push by the beverage industry slows the expansion of soda tax in California and elsewhere. California cities pioneered soda-taxing obesity, diabetes and heart disease, but Legislature and Governor Jerry Brown on Thursday bowed under pressure from beverage producers and …

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California bows against the beverage industry, blocking soda taxes

SACRAMENTO, California – A new push by the beverage industry slows the expansion of soda tax in California and elsewhere. California cities pioneered soda taxes to combat obesity, diabetes and heart disease. But Legislature and Governor Jerry Brown on Thursday bowed to pressure from beverage makers and reluctantly banned local taxes on soda for the next 12 years. It follows …

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