Taxes

 Minnesota to unveil state tax overhaul on Tuesday

January 22, 2013 

Minnesota to unveil state tax overhaul on Tuesday

Minnesota Revenue Commissioner Myron Frans and his boss, Gov. Mark Dayton will unveil their plan for overhauling the state’s tax system on Tuesday, Jan. 22. It is expected to include tax increases to help eliminate the $1.1 billion shortfall and add funds to education and other programs the governor deems essential. While Frans wouldn’t reveal...…

 Michigan Supreme Court Justice charged with bank fraud

January 21, 2013 

Michigan Supreme Court Justice charged with bank fraud

Michigan Supreme Court Justice Diane Hathaway, retiring Monday after accusations of fraudulent personal real estate dealings, now faces a federal bank fraud charge for allegedly transferring a home she owned in Florida to allow for the short sale of her home in Grosse Pointe Park.

 Gas Taxes Pay for Only a Fraction of Road Spending

January 21, 2013 

Gas Taxes Pay for Only a Fraction of Road Spending

Despite being dedicated to fund transportation projects, revenue from gas taxes and tolls pays for only about a third of state and local spending on roads, according to a new analysis (http://taxfoundation.org/article/gasoline-taxes-and-tolls-pay-only-third-state-local-road-spending) by the Tax Foundation. Wyoming and Alaska come last in transportation funding derived from gas taxes and tolls, while Delaware and Florida rank…