Tax Break News - The Sacramento Bee

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Stories on sacbee.com

Dan Morain: Tax campaign targets Capitol's inside game
January 29, 2012

Paul Krugman: Romney's tax dance shows unjust favors for the very wealthy
January 21, 2012

Head to Head: To boost economy, should Congress extend the holiday on payroll taxes?
December 14, 2011

Business interests were top bill-killers in California's Capitol this year
December 25, 2011

The Lighter Side: Tax cuts = more jobs. It's all so simple, right (?)
December 25, 2011

The State Worker: California employees will pay higher payroll tax on next check
December 22, 2011

Tax Break Videos

New Mexico state budget a week overdue
February 07, 2012 | KOB Albuquerque, NM

Lawmakers want to end tax break on internet sales
February 06, 2012 | WFTS ABC 28 Tampa, FL

Tax Break For Officers Proposed
January 18, 2012 | WAGA FOX 5 Atlanta, GA

Tax Break Wikipedia Information

A tax break is a tax saving. This includes:

Tax exemption, an exemption from all or certain taxes of a state or nation in which part of the taxes that would normally be collected from an individual or an organization are instead foregone.

Tax deduction, an expense incurred by a taxpayer that is subtracted from gross income and results in a lower overall taxable...

Sacramento Connect

Another Shot at Tax Break Democrats Love to Hate
February 10, 2012
Another Shot at Tax Break Democrats Love to Hate Posted by John Myers, KQED, 2/8/12 For the last several years, [...]

Dean Baker: The Payroll Tax Cut: A Stimulus That Progressives Should Oppose
July 26, 2011
July 25, 2011 - President Obama is proud of the fact that he was willing to bargain away the core of the country's social safety net to reach an agreement with...

Jerry Brown vetoes tax break sunset, new budgeting scheme
October 10, 2011
Gov. Jerry Brown has vetoed bills to restrict tax breaks and overhaul California's budgeting system, his office announced this morning. Brown vetoed Senate Bill...

President Obama’s Weekly Address: Cutting the Deficit and Creating Jobs
July 02, 2011
WASHINGTON, July 2, 2011- In this week's address, President Obama spoke to the American people about reducing the nation's deficit and creating jobs across the...

Reform group argues against tax break for political committees
October 03, 2011
Oct. 3, 2011 - A campaign finance reform organization has sent a letter to the Internal Revenue Service challenging the tax-exempt status of four high-profile...

Sheila Kuehl | 2011 Budget Essay #1: Would You Like Taxes With That Budget?
July 06, 2011
July 6, 2011 - Now that California's 2011-12 budget has gone into effect, at least until some revenue assumption proves wrong and triggers more cuts, this set of...

Other local news reports

House GOP rejects payroll tax deal
December 18, 2011 | AppealDemocrat
WASHINGTON -- The fate of the two-month Social Security tax break extension suddenly became uncertain Sunday as House Speaker John Boehner said he and most Republicans were...

Fresno County retains tax break for farmers
September 27, 2011 | FresnoBee.com: Local
Fresno County supervisors on Tuesday committed to preserving tax breaks for thousands of county farmers under the Williamson Act, despite losing state reimbursement for the...

With new state budget comes a 1% tax break
June 30, 2011 | FresnoBee.com: Local
It might be time to buy that Tiffany necklace, Sony plasma TV or Winnebago you've been hankering for. Read comments ...

From around the web

Field of Dreams tax break approved by Senate committee
February 09, 2012 | DesMoinesRegister.com
A tax break of up to $16 million for owners of Dyersvilles Field of Dreams baseball diamond was approved in the Senate Economic Growth Committee today despite...

Field of Dreams tax break approved by Senate committee
February 09, 2012 | DesMoinesRegister.com
A tax break of up to $16 million for owners of Dyersville's'' Field of Dreams'' baseball diamond was approved in the Senate Economic Growth Committee today despite...

Iowa, Nebraska competing for $ 1. 2 billion data center
February 09, 2012 | DesMoinesRegister.com
Iowa has a law aimed at attracting high-tech projects that includes a sales tax break on electricity used at those operations. Nebraska is considering similar legislation.''...

Tax- break proposals have price tags
February 01, 2012 | chicagotribune.com - Local news
Ending natural-gas tax would cost state $164 million a year; child tax credit would cost $130 million -- Front-and-center among Gov. Pat Quinn's proposed tax breaks Wednesday...

Premium hike proposed for state employees
February 03, 2012 | DesMoinesRegister.com
The Democratic plan calls for a $6.218 billion budget, which includes allocations for a commercial property tax cut proposal as well an expansion of a tax break to low-income...

Gov. Pat Quinn expected to seek bigger tax break for hiring war veterans
January 31, 2012 | chicagotribune.com - Local news
Democratic Gov. Pat Quinn on Wednesday will propose a tax credit for businesses that hire out-of-work veterans, according to an administration source briefed on the plan. ...

Tax Break on twitter

	http://t.co/UYSOyB2Z @MayorSRB wants to draw new residents but offers no residential tax relief; biz coming to city already, gets tax break. Twitter: @TheBrownWord
	Call for tax break for @YorkshireAirAmb: http://t.co/wcgAogM4 Twitter: @rotherhamtiser
	There's 1 mil jobs in manufacturing but only 200,000 in mining. Govt should secure jobs thru conditional tax break for manufacturers #auspol Twitter: @richardcranston
	Talk of Govt cutting higher rate tax relief on pension conts. Good. Such a ridiculously generous tax break for the already well-off. Twitter: @JasonWyerSmith
	Businesses get a tax break in #HongKong for throwing away food before its best before date! #SMWHKfeed #FeedingHK #SMWHK Twitter: @harperlogan
	Gas Tax Breaks Costing Texas $1 Billion Each Year: AUSTIN, Texas - The original purpose of a state tax break tha... http://t.co/X9TlF9aG Twitter: @ur_tax_break