Word: taxing
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...looked as if the Bay State’s major motion picture future was destined to be restricted to films explicitly requiring Boston’s unique Puritanical charm. Then, in 2006, Massachusetts joined other states in offering financial incentives—specifically, a 25 percent tax credit for in-state spending—to film productions. It wasn’t long before Tinseltown had changed its attitude toward New England and, in just two years, the Massachusetts film industry has morphed from a nearly non-existent enterprise into a lucrative revenue generator...
State Income Tax...
Massachusetts voters rejected an initiative to eliminate the state income tax, echoing the defeat of a similar proposition introduced in 2002. Question 1 asked voters to support a measure that would halve the state's current 5.3% income tax in early 2009 and remove the tax entirely by the following year. Although advocates said the measure could have saved taxpayers an average of $3,700 each year; critics pointed out that the significant loss of tax revenue would undermine vital public services and force legislators to make up the revenue elsewhere - with property tax, for example. More than two-thirds...
...Michigan District 7, Maryland District 1: How Republicans Can Disappear This is the flip side to the Jenkins story. In 2006, conservative Republican Tim Walberg upended moderate Republican incumbent Joe Schwarz in a primary with help from the anti-tax Club for Growth, then claimed his seat in another reliable GOP district. But in 2008, Schwarz endorsed Walberg's Democratic opponent, Mark Schauer, who portrayed Walberg as an extremist and is now heading to Washington. The same thing may happen on Maryland's Eastern Shore, where Club for Growth conservative Andy Harris successfully primaried moderate Republican incumbent Wayne Gilchrist...
...budget buster. His aides almost had to strap him down to get him to sign a White House-directed letter supporting the corporate-welfare farm bill of 2002. But as Indiana's governor, he's gotten to do things his own way, privatizing roads, expanding health coverage, even supporting tax increases to get his state's fiscal house in order. His tough-love measures were unpopular for a while, but after he cruised to re-election while Obama won his state, he's got to be part of the conversation about future Republican leaders - especially as he's a former...