Recent News
Every state budget is funded through a system of taxes and fees. It’s important for each constituent to understand how those taxes and fees affect your finances and if applicable, your business. Individuals make the best decisions for their own families, lives and livelihoods, not the government. People with similar gross incomes in different states […]
NASHVILLE, TN — Americans for Prosperity-TN (AFP-TN) previewed its 2022 Legislative Agenda, which includes priorities to unlock economic freedom, expand educational opportunity, and enact criminal justice reforms. The 2022 Legislative Agenda is available here. AFP-TN State Director Tori Venable released the following statement: “As lawmakers return to Nashville, AFP-TN is focused on advancing policies that will help every […]
Americans don’t want a lot for Christmas. There’s just a few basics we’d all like to have: good jobs, affordable prices, fully stocked shelves, and gifts arriving in time for Christmas. But Americans aren’t confident they’ll get what they want this year. According to a new CNN poll: 75 percent are “worried about the state […]
Congress continues to find new ways to impose burdensome taxes on businesses and taxpayers. The latest Build Back Better Act proposal includes a 15 percent corporate alternative minimum tax on financial statement income, or book income, for companies with income over $1 billion. The tax would introduce a host of issues and add unnecessary complexity […]
Pennsylvania’s state finances are in serious disarray. Over a period of years, revenues have been on the rise, but spending has risen faster. While our population grew by 10.2 percent between 1970 and 2020, spending per family more than tripled over the same time period. State budgets have increasingly relied on a range of short-term […]
“While the tax may be directed at tourists and visitors, everyone will end up paying it.” LAKE COUNTY, FL — Americans for Prosperity – Florida (AFP-FL) launched a direct mail campaign in Lake County, calling on residents to ask Commissioners to oppose the proposed increase of the tourism development tax. The Lake County Board of […]
Arlington, Va. – Americans for Prosperity President Tim Phillips issued the following statement in response to the plan proposed by the House Ways and Means Committee to increase taxes by $3 trillion to “pay for” Sen. Bernie Sanders’ $3.5 trillion reconciliation spending spree: “Virtually everything Americans buy is getting more expensive, businesses are operating at […]
The federal government is currently exploring increasing taxes on capital gains that would squash the ability of Americans to save and invest. President Biden has proposed increasing the top capital gains tax rate from 23.8 percent to 43.4 percent when including the 3.8 percent net investment income tax. When factoring in state and local capital […]
Americans for Prosperity President Tim Phillips joined with Americans for Tax Reform President Grover Norquist to applaud Arizona’s recent tax reform and to call on other states and the federal government to emulate the Grand Canyon State. “By lowering the income tax rate and making the tax code flatter, the tax burden on all Arizonans […]
