Tax Increases
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- Bachmann Tax-Increase Position Could End Her Presidential HopesAs many Republican leaders seem set to allow the payroll tax cuts to expire, there is going to be a lot of explaining to do. Perhaps none more difficult than for Michele Bachmann.
- Obama Threatens Veto of of Cap, Cut and Balance Due to Lack of Tax IncreasesThe White House has responded to the House plan to raise the debt ceiling by $2.4 trillion and cut spending by the same amount over the next 10 years. President Obama has threatened to veto the bill if it comes to his desk.
Boehner Nixes Tax Increase Deal from ObamaAs of this writing, the prospects of a grand bargain between the White House and congressional Republicans for spending cuts and limited revenue increases has collapsed. The reason is President Obama's insistence of a $1 trillion tax increase.- Do Tax Increases Kill Job Creation?John Boehner and Congressional Republicans continue to say that tax increases for the top 1% and corporations kill and destroy jobs in America. But is that historical fact for the past 30 years?
- "You're Full of It!?": Senate Passes Secret Connecticut Gas Tax Increase at 3amWhile most people were sleeping at 3am on Tuesday, May 10, 2011, The Senate passed the largest tax hike in the history of Connecticut, which will raise gas prices almost 12% from the present $4.10 per gallon price. And there's more -- .
$1.5 Trillion in New Taxes in Obama Budget Request, Says Americans for Tax ReformThe Americans for Tax Reform have examined President Obama's budget request for FY2012 and have found within the document a $1.5 trillion dollar tax increase over the next 10 years. Many of the tax increases have been rejected by previous Congresses.- Solving the U.S. Deficit with Tax Increases, Deductions, and a Balanced BudgetThe current tax rates mean a break for all classes of people. However, paying down the deficit and getting government spending in control should be a high priority. Taxes, balanced budgets, deductions, and compromise will be the key.
The Looming Obama Tax IncreasesCongress is running out of time to prevent a massive New Year's tax increase.- Dallas City Hall Ready to Pass Tax IncreaseEight of the fifteen city council members of Dallas look like they are ready to pass a property tax increase.
- Double Dip Recession- 2011 Tax Increases & November ElectionsThey're coming; double dip recession, tax increases and the November elections...
- Douglas County, Georgia Residents to See Two Tax Increases in 2010The owner of a $150,000 house in metro Atlanta's Douglas County, Georgia will be paying $100 more in property taxes this year - $70 to the school system and $30 to the county. These decisions were reached by split votes among the elected officials.
- Can Obama Make Everyone Poorer Next Year? Yes, He CanMoney tight this year? Well, thanks to Obama and the 2011 tax increases, it is going to get a whole lot tighter next year for everyone.
- Obama 'Agnostic' About Middle Class Tax IncreasesDuring the campaign candidate Barack Obama promised that under his administrations taxes would not increase for people making under $250,000 a year. Now President Obama has pronounced himself "agnostic" about the idea.
- Obama & Middle Class Income Tax IncreasesTo initiate an advance on the lengthy economic turnaround, the joy ride of debt-spending-with-wanton-abandon mindset enjoyed by Bush and continued by Obama must be brought to a close.
- Personal Property Tax Increase in Loudoun County, VirginiaThe recession has resulted in higher tax rates while budget sees drastic cuts.
- Current Federal Tax Increase Bulletin: Updated-02/26/2010Federal tax changes added here as they become known.
- Vice President Biden's Patriotic Tax IncreaseAn issue that once was the justifying cause for The United States separation from Great Britain is now being described as patriotic by Vice President Joe Biden.
State of California Approves Tax Increase to Overcome Budget DeficitIn a move that will be very unpopular with California residents, California will be raising taxes.
Layoffs Loom as California Budget Crisis ContinuesThe California budget impasse continues as Governor Arnold Schwarzenegger started to carry out a threat to layoff 20,000 state employees. A gigantic game of chicken continues over a measure designed to fill a 42 billion dollar hole in California's budget.- Christina Romer to Chair Obama's Council of Economic AdvisorsChristina Romer, a Professor of Economics at the University of California at Berkley, has been chosen by President Elect Barack Obama to chair his Council of Economic Advisors. Professor Romer has written extensively on tax policy.
- Another Tax Increase for SmokersThe federal government is raising the tax on a pack of cigarettes forty-three cents, which means smokers again, are picking up the tax burden. This time they are raising fund to pay for underinsured children.
New Cigarette Tax Increases Begin This SundayCigarette sales in Indiana and in Tennessee have risen over the past week. People are flocking to buy cigarettes right now before the tax increase happens on Sunday.
Obama's Budget Speech Misses MarkPresident Obama made predictable calls for more fairness in the tax code and said that America's wealthiest should give more. There are several problems with this strategy.- Political Divide: Fighting with MyselfIn United States' politics, how can you decide who to vote for when everything they say is a lie?
- What Awaits Us with Progress on Debt Deal?A new debt deal has passed the House and is awaiting approval from the Senate. Here are three things I find interesting and notable about the agreement.
- Why Obama is Wrong About Taxing Those People that Make Over $250,000Personally, I do not know any person who makes $250,000, but I do know several companies that make well over $250,000 and none owns a jet.
- The Debt Ceiling Debate -- President Obama's Power StruggleThe recurring struggle over the power of government underlies the debt ceiling and budget debates.
- Connecticut State Tax Rates IncreaseA look at what the State of Connecticut raised their taxes to and what new items and services will now be taxed.
- Government?We Don't Need No Stinkin' Gov't!Of course we've got a budget crisis! We don't tax ourselves enough. Here are countries with top tax rates of 25 percent: Bangladesh, Botswana, El Salvador and Malaysia. That's what Ryan wants? An America with a comparable tax rate to Bangladesh!
- States Scramble to Pass Budget ProposalsStates with the highest debt are debating cutting entitlement programs, closing fire stations and raising taxes. Massive budget shortfalls in 2012 are causing concern for state lawmakers.
- Royal Oak Seeks RecountRoyal Oak Township officials are seeking a recount on the failed property tax millage, which so far looks like it was defeated by just two votes. With such a small margin, they are looking for problematic votes.
Royal Oak Property Tax Increase Defeated by Two Votes - City Demands RecountRoyal Oak Township voters rejected a proposed property tax hike during November 2's election; township officials want a recount.
When is a Tax Increase a Tax DecreaseTax brackets may change. One actually goes down.
As the Nodine Saga Drags On, a Plea, Don't Shoot, I'm Just the MessengerThere's more than enough blame to go around in the case involving Mobile County Commissioner Steve Nodine as stellar rise to politcal sucess in Mobile County, Alabama, but money was the fuel that drove the engine.
Tax Increases to Pay for Health Care ReformWhen President Barack Obama triumphantly signed the health care reform law, one thing he did not mention in his speech was all of the taxes that were going to be raised to pay for it. As it turns out, the taxes are broad and sweeping.- The Obama Tax Increase!Tax increases on the middle class may be coming! Atleast people think so, as per Gallup Poll!
- Cigarette TaxationAs of April 1 2009 smokers will face another massive taxation at the hands of the government.
How Are American Companies Preparing for the Obama Tax IncreasesSome time in January a new set of taxes will come in to effect, raising the cost of labor and cutting into profits for American companies - how are you preparing for this new paradigm?- Owner-Operators United Urges Connecticut Governor Jodi Rell to Stop Fuel Tax IncreaseDan Little, President of Owner-Operators United has written a letter to Connecticut Governor Jodi Rell urging her to stop to the fuel tax increase in Connecticut which will be effective on July 1.
Land Preservation Pays in the Long RunAre you aware that growth normally costs more than land preservation for taxpayers? Many people assume with growth you will spur more revenues in the long run with taxes.
