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Election Day 2014: House, Senate, state tax initiatives at stake

November 4, 2014

Vote! Vote, vote, vote, vote. Vote!

I voted stickersThe hubby and I voted early. Sometimes we wait until Election Day. Either way, we always vote, as the collection of polling place stickers on our bedroom dresser mirror attests.

While I want my candidates and issues to win, I won't go as far as my friend Lisa, who says on social media, "Truth be told, I only want those of you who agree with me to vote. The rest of y'all, it's a big hassle and your one vote doesn't matter. Staying away is totally fine."

Staying away is not totally fine. So vote.

OK, enough with the nagging.

Here's some voting help.

If you still don't know where your polling place is, Vote411 has an online search tool that can offer direction.

Most polling places stay open until 7 p.m. If you're in line by then — yes, I am optimistic that in this midterm election there will be lines of voters — you'll get to vote.

We might see voter lines in North Dakota, Minnesota, Colorado, Wisconsin and Delaware. Pew Charitable Trusts research shows that those states had the highest voter turnout in the last midterm election.

State midterm election turnout 2010-1 Pew Charitable Trusts State midterm election turnout 2010-2 Pew Charitable Trusts

Here in Texas, midterm voting is middlin' at best. Despite Lone Star Staters finally getting two new choices for governor, turnout is likely to be low again this time, in part because of the state's tough new voter identification law.

Congressional control in the balance: Texas voters also are pretty "meh" this year because the Congressional seats here aren't competitive. You don't have to been a seer to know that Texas incumbents are going to keep their House and Senate jobs.

Polls regularly show that citizens say they don't like their current political leaders, but the women and men occupying those offices tend to be reelected. Go figure.

If you want to change that, go vote! If you live outside Texas, your vote could be important in determining whether the House will be more Republican than it is or if the Senate will flip to the GOP side.

A new legislative look on Capitol Hill could affect future prospects for tax reform.

Ballot initiatives also at stake: At the state and some local political levels, ballot initiatives also have stirred up a bit more voter enthusiasm.

In 11 states — Georgia, Illinois, Louisiana, Massachusetts, Nevada, North Dakota, Oklahoma, Tennessee, Virginia, Washington and West Virginia — voters will decide or advise lawmakers on tax matters.

The key tax votes to watch at the state level are in:

  • Georgia, where voters will decide whether to cap the state's individual income tax rate at 6 percent. Some see this as the beginning of the battle to do away with the Peach State's income tax altogether.
  • Tennessee, where an initiative would constitutionally prohibit state and local income or payroll taxes. They currently don't exist, but proponents of this measure won't to make sure they never happen. The Volunteer State's existing tax on some investment income won't be affected by the vote.
  • Illinois, where voters will have a say on whether a 3 percent surtax on millionaires is a good idea. This vote is advisory only. Even if the added tax on wealthy Prairie State residents passes public muster, any real tax must come from the legislature.

Also keep an eye on two soda tax ballot questions in Northern California cities. If either San Francisco or Berkeley voters OK the added levy on sugar-sweetened beverages, it would be a major blow to the beverage industry, which has been vigorously fighting the measures.

Whatever the issues and candidates in your part of the United States, vote! You'll have much more credibility when you complain about how things aren't going the way you want.

You also might find these items of interest:

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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