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California is Rolling in Dough

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by the housing market collapse. Mike Pence proposed using any surplus to pay for a 10 percent cut in state income taxes; the Legislature is opting for a 5 percent tax cut and setting aside the rest for other purposes. State legislators now are busy arguing over how to spend a budget surplus estimated at up to $4.4

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Black Gold Rush

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No state has a brighter employment picture: there are so many jobs being created in the Peace Garden State—(yep, that’s what the locals call it, and no, it’s not a more sedate version of New Jersey)—that many new hires are having a hard time finding lodging, sleeping in their cars or RVs while new housing is built.

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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

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A new $192-million data center will replace the existing National Computer Center located at the SSA Headquarters Campus in Woodlawn, MD, which houses computer operations essential to prompt and accurate payment of benefits to Americans. The company filed for a Chapter 11 reorganization of its debts in U.S.

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STATE INCENTIVES GUIDE

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INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

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