Both the employment and compensation problems are significant contributing factors to Alabama’s unfunded pension and retiree health care liability.  According to official state estimates, Alabama’s pension system in FY 2012 was underfunded by almost $9.5 billion while the retiree health care system is underfunded by another $11.1 billion.

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Legislative Session: Week 5 Review

It was a slower week, so before you kick off your weekend, check out what happened in Montgomery during week five of the 2018 legislative session! By the way, if you want to receive daily news hits from across the state and nation straight to your inbox each morning, click here to subscribe to API’s Daily […]

Using our tax breaks and bonuses for things that matter

“Crumbs”. That’s how House Minority Leader Nancy Pelosi characterized the thousand-dollar bonuses and wage increases that companies are offering employees in the wake of federal tax reform. This description has, appropriately, come under attack. Walmart, Alabama’s largest employer, is spending around $400 million on employee bonuses. In fact, according to Americans for Tax Reform, over […]

Calling All Candidates: Let’s Talk Education

You spoke, Alabama. We asked, what issues are important to you and what questions would you ask of your candidates to answer?  Since last week was National School Choice Week, let’s explore questions on promoting education and supporting Alabama’s school children. And it probably won’t come as much of a surprise—Alabamians are very vocal on these […]

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Tax Incentives: Not Always the Answer for Alabama’s Economic Struggles

Last month, the state rejoiced with news that Alabama would be the home of a new Toyota-Mazda plant. The plant is expected to bring over 4,000 jobs and billions of dollars in net revenue to the state. With the execution of this deal, known as Project New World, state and local governments will give the two companies […]

API Joins 36 Conservative Groups and Activists: Congress Must Stop New Obamacare Taxes

Lawmakers must act to prevent Obamacare taxes from going into effect next year, 36 conservative groups and activists wrote in a letter addressed to House Speaker Paul Ryan (R-Wis.) and Senate Majority Leader Mitch McConnell (R-Ky.). Absent Congressional action, the Obamacare health insurance tax and medical device tax will both go into effect in 2018. […]

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