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Keyword: taxes

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  • Republicans on Road to Ruin With Highway Bill

    07/28/2015 5:08:44 AM PDT · by Kaslin · 37 replies
    Townhall.com ^ | July 28, 2015 | Stephen Moore
    Later this week, the highway trust fund officially runs out of money unless Congress authorizes more funding for roads and bridges. But the bill that is being pushed by Democrats and some Republicans is starting to look like a Republican Party Dunkirk that could infuriate conservative voters and even wind up costing the GOP the 2016 election. The $320 billion six year public works funding bill would raise government spending, increase taxes on businesses and possibly provide a new lease on life for the corporate welfare queen -- the Export-Import Bank. This happens every time a highway bill comes up...
  • 'Learning In Progress' on Legislative Roads Proposals

    07/28/2015 6:05:16 AM PDT · by MichCapCon
    Michigan Capitol Confidential ^ | 7/21/2015 | James Hohman
    Both the Michigan House and Senate have passed their own road funding plans after the colossal failure of Proposal 1. Both plans show that lawmakers have learned from that debacle. The House proposal contains only a small tax hike on diesel, plus modest new assessments on electric, hybrid or “alternative” fuel vehicles (whose owners pay little or no gas tax). The rest of its new revenue for roads comes from earmarking a portion of future income tax revenue to road funding. The Senate likewise earmarks some income tax revenue for roads, but also hikes the gas tax from 19 cents...
  • Fleeing New Jersey, and Its Crushing Taxes, for a Better Life: The Story of an American Refugee

    07/28/2015 4:53:44 AM PDT · by SeekAndFind · 66 replies
    National Review ^ | 07/27/2015 | Lee Habeeb
    He lived in New Jersey his entire life. He was born there in 1932, grew up there, and worked his entire adult life there. I’m sure he planned on dying there. After a few years living in a rental apartment after a stint as an officer in the U.S. Air Force, he took the plunge with his young bride and purchased his first and only home, for $32,000, back in 1961 in northern New Jersey. A high-school history teacher, he coached varsity basketball and worked night and summer jobs to support his growing family. Twenty-plus years later, he became the...
  • SOROS NAILED: Liberal Sugar Daddy George Soros May Face A ‘Monster’ Named, “Tax Evasion

    07/27/2015 9:35:51 PM PDT · by george76 · 26 replies
    Tea Party Crusaders ^ | July 27th, 2015 | crusader
    SOROS NAILED: Liberal Sugar Daddy George Soros May Face A ‘Monster’ Named, “Tax Evasion.” Which will Eat Away his Political Power. [ Full title]. George Soros is one of the left’s most powerful money men. In January of this year, Western Journalism reported on the millions of dollars that liberal billionaire George Soros and his politically involved foundations gave to help various groups of Ferguson protesters. “Buses of activists from a litany of organizations — all funded in part by Mr. Soros” showed up in the Missouri city scorched by riots related to the police-involved death of Michael Brown. Soros,...
  • George Soros May Face a Monster Tax Bill [liberal hypocrisy at its finest] [link only]

    04/30/2015 2:27:04 PM PDT · by grundle · 11 replies
    Bloomberg [link only] | April 30, 2015 | Miles Weiss
    link only: http://www.bloomberg.com/news/articles/2015-04-30/george-soros-s-tax-bill
  • The Left Wants To End the Separation of Church and State (Protestant Caucus)

    07/27/2015 6:04:37 AM PDT · by Gamecock · 18 replies
    The Federalist ^ | James Mann
    If there is one thing consistent about the tides of the culture wars, it is that whenever one side is emboldened, it inevitably leads to overreach. The secular Left is proving this point with gusto in the wake of the Supreme Court’s decision to nationalize gay marriage, calling for the removal of tax exemptions for churches and religious non-profits who continue to hold the tired old definition of marriage that existed all the way up until yesterday. This step, which would crush the budgets of many churches and non-profits, reveals an amusing hypocrisy of the modern Left’s turn against civil...
  • GOP Senators Lead Push to Allow States to Impose Internet Sales Tax

    07/26/2015 7:47:56 PM PDT · by Olog-hai · 127 replies
    Cybercast News Service ^ | July 24, 2015 | 2:10 PM EDT | Rudy Takala
    Republicans in the Senate are leading efforts to pass legislation that would allow the states to impose a sales tax on online transactions. Sen. Mike Enzi (R-WY) has proposed the Marketplace Fairness Act (MFA), which would allow states to "collect and remit sales and use taxes with respect to remote sales.” The bill includes an exemption for companies whose gross remote sales are less than $1 million per year. The legislation enjoys support particularly among legislators in rural states who believe that online retailers are encroaching on sales made out of traditional storefronts. […] This is not the first time...
  • U.S. Bank Stadium could be coming in over budget, Duane Benson discusses future

    07/25/2015 1:31:29 PM PDT · by TurboZamboni · 20 replies
    kttc ^ | 7-23-15 | Ali Killam
    Some controversy is swirling around the new Vikings Stadium, as some are saying the project could be millions of dollars over budget. One member of the Minnesota Sports Facilities Authority is speaking out on the issue and facing opposition from other members. Duane Benson has served as the MSFA treasurer since the group's inception back in 2012, however, he is preparing to leave the group in light of recent turmoil and says the $1.1 billion project's finances are anything but in order at the moment. As the groundbreaking project continues to break the bank, Benson says there is a problem--perhaps...
  • Every Corporate Welfare Incentive Means New Jobs, Except for Most of Them

    07/22/2015 1:29:02 PM PDT · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 7/21/2015 | Jack Spencer
    In comments for a MIRS news story on companies that have received more than one round of subsidies and tax breaks from the Michigan Economic Development Corporation, spokesman Michael Shore defended his agency: "Michigan competes with 49 other states and numerous countries for new job-creating investments. Every project that receives an incentive means new jobs for Michiganders," Shore said. "It is foolish to think a company that's gotten one incentive and been successful in creating jobs in Michigan should be barred from continuing its growth here. We want a company that is growing in Michigan to continue to invest, expand...
  • Planned Parenthood: We Got $528.4 Million in Taxpayer Funds in One Year

    07/22/2015 2:12:32 AM PDT · by afraidfortherepublic · 7 replies
    CNS News ^ | 7-22-15
    Planned Parenthood, the nation’s largest abortion provider, received $528.4 million in taxpayer funding, according to its 2013-2014 annual report, [1] which runs from July 1, 2013 to June 30, 2014. The report shows that Planned Parenthood received $528.4 million in “government health services grants and reimbursements” during a one-year period, the latest figures available. That means it received an average of $1,447,671 in taxpayer funds per day and an average of $60,320 every hour. Several members of Congress [2], as well as some GOP presidential candidates, are calling for Planned Parenthood to be defunded after a video surfaced showing Dr....
  • Progressive State Income Tax Would Damage Michigan’s Economy

    07/21/2015 11:39:18 AM PDT · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 7/20/2015 | James Hohman
    State Rep. Jim Townsend wants to amend Michigan’s constitution to allow a graduated state income tax, and raise the maximum rate to 10 percent. This would hurt the state as a whole, including those he wants to help. The prosperity of this and every other state is determined by its rate of economic growth. And for growth, what matters is not the average tax rate but the marginal tax rate. That is, the amount of extra taxes an individual must pay on his or her next dollar of income. The higher the marginal rate the less incentive a person has...
  • New "White Privilege Tax" for all White People Supported by Minorities...

    07/21/2015 3:52:25 AM PDT · by Islander7 · 21 replies
    YouTube ^ | July 20, 2015 | Mark Dice
    Full Title: New "White Privilege Tax" for all White People Supported by Minorities in Shocking Racism Experiment In a shocking experiment, media analyst Mark Dice asks minorities in San Diego, California to sign a petition to support adding a "White Privilege Tax" on the income of all white Americans to help fund social programs for minority communities to offset Caucasians' supposed "white privilege." The results are disturbing. Email Mark@MarkDice.com for interview requests. *SUBSCRIBE* for NEW enlightening videos DAILY. Let everyone know what you think by sounding off in the comments section, give this video a thumbs up if you liked...
  • Mass Exodus Continues from German Catholic Church

    07/20/2015 6:25:04 AM PDT · by marshmallow · 31 replies
    More than 200,000 Germans formally left the Catholic Church in 2014, accelerating the downward trend in the Catholic proportion of the country’s population. Germans who are officially enrolled in congregation are subject to a “church tax,” and so disaffected Catholics have an incentive to drop their registration, rather than simply stop attending Mass. The number of Catholics taking that step has increased sharply in recent years. In 2013, 178,805 Catholics formally dropped off the parish rolls in Germany. In 2014 that figure jumped by 22%, to 217,716, according to official statistic released by the German bishops’ conference.
  • California cities cracking down on summer rentals

    07/19/2015 7:26:50 AM PDT · by george76 · 20 replies
    The Bee ^ | July 18, 2015 | Marisa Agha
    Millions flock to the Southern California coast each year, often renting a cottage or condo for a respite by the sea. But the explosive growth of online travel booking sites in recent years has prompted several coastal cities to consider tightening regulations on those who rent out their homes for short stays. While proponents of the short-term rental industry say the additional income often is vital to property owners’ livelihoods and the local economy, city leaders and neighbors want greater oversight to protect residential neighborhoods, tax revenue and the availability of housing amid a booming industry. Santa Monica, Laguna Beach,...
  • Reagan’s Tax-Cutting Legacy

    07/17/2015 11:12:49 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | July 17, 2015 | Ed Feulner
    President Reagan had a gift for proving his critics wrong. Almost none of the leading economists of the late 1970s thought that his supply-side tax-cutting agenda, along with stable monetary policy and deregulation, could revive the U.S. economy. But the prosperity of the 1980s, with growth rates higher than 6 percent, proved the Gipper correct. An economics major from Eureka College understood our free-market system better than the so-called experts at Harvard, Yale and MIT. As the 2016 presidential campaigns gear up, Reagan’s policies are under assault again, this time even from some on the right. This new group, called...
  • Growing tax burden will push people out of Cook County and Chicago

    07/17/2015 8:53:47 AM PDT · by george76 · 32 replies
    Illinois Policy ^ | July 15, 2015 | Ted Dabrowski
    City officials are pushing property-tax hikes, sales-tax hikes, and even a commuter tax and financial-transaction tax. Cook County Board President Toni Preckwinkle’s wish for a $474 million sales-tax increase to help pay for the county’s growing pension debt has been granted. The hike pushes the sales-tax rate back up to 10.25 percent in Chicago – the same as it was when Preckwinkle took office in 2010. And that’s not the only new tax residents have to face. Preckwinkle is just the latest local leader to usher in a tax increase. Chicago Mayor Rahm Emanuel created a new tax earlier this...
  • Hillary: I'm 'examining' Obamacare's Cadillac tax

    07/16/2015 1:26:24 PM PDT · by Brad from Tennessee · 23 replies
    Politico ^ | July 16, 2015 | By Danny Vinik
    In her highly anticipated speech on the economy Monday, Hillary Clinton was heavy on rhetoric and short on specifics, promising to reveal her actual policy proposals in the weeks ahead. But this week, she also dropped a not-so-subtle hint about a big one. In a questionnaire for the American Federation of Teachers (AFT), which endorsed her this week, Clinton noted that the so-called “Cadillac tax” levied under Obamacare is one area she is “examining.” The Cadillac Tax is a surcharge on expensive health care plans. It’s a crucial provision of Obamacare, bringing in much-needed revenue and trying to curb the...
  • Cook County Board OKs sales tax hike [ Illinois ]

    07/15/2015 5:26:25 PM PDT · by george76 · 22 replies
    Crain's Chicago Business ^ | July 15, 2015 | Greg Hinz
    Cook County Board today cleared the way for President Toni Preckwinkle's plan to raise the county's sales tax a penny on the dollar, mostly for pensions. The action came when the board's Finance Committee, which includes all board members, voted 9 to 7 to 1 to send the $474 million a year tax hike to the full board, which will consider it later today. The key votes came from Commissioner Luis Arroyo, a Chicago Democrat who voted "yes," and suburban Republican Elizabeth Gorman, who cast a "present" ballot and who is widely rumored to soon be headed to a new,...
  • IRS Investigating Shaggy 2 Dope From Insane Clown Posse

    07/15/2015 2:55:11 PM PDT · by Oldeconomybuyer · 12 replies
    ABC News ^ | July 15, 2015
    The IRS wants to know more about the income of one half of hip-hop duo Insane Clown Posse. In a court filing, the government asked a judge Wednesday to enforce a summons against Joseph Utsler, better known by his stage name, Shaggy 2 Dope. Utsler's partner in Insane Clown Posse is Joseph Bruce, known as Violent J. Separately, they have been challenging the U.S. Justice Department over a 2011 report that described their fans, the Juggalos, as a "hybrid gang."
  • Minnesota banks on higher taxes, minimum wage as script for growth

    07/10/2015 3:21:01 AM PDT · by markomalley · 6 replies
    Reuters ^ | 7/10/15 | Howard Schneider
    It is too early to tell how a recent round of tax hikes and a minimum wage increase will play out in Minnesota, a state where liberal and conservative forces have often swapped control and policies. But the state's experience may give pause to a crowded field of Republican presidential hopefuls who largely swear by tax cuts and small government as a recipe for prosperity. Judged by those standards this state on the Canadian border should be a train wreck in process. Instead, Democratic Governor Mark Dayton's Minnesota could become a touchstone in the national debate over how to bolster...
  • Equality versus liberty: Which one worries voters most?

    07/09/2015 4:43:51 PM PDT · by 2ndDivisionVet · 12 replies
    KMGH-TV's Decode DC ^ | July 9, 2015 | Dick Meyer
    Economic populism is having a moment of celebrity these days. But so is economic gluttony. These conflicting impulses – equality versus liberty – have been in constant competition. For some, equality of opportunity and outcomes is the ultimate political value; for others, it is liberty, which is degraded when property rights are too restricted by taxation and regulation. There is a view in both parties that voters are in an egalitarian mood. I don’t buy it. The icon of economic gluttony in politics today is Donald Trump, however grotesque and trivial that may seem. Trump is doing well in the...
  • GOP bill would hike gas tax by 10 cents

    07/09/2015 4:27:26 AM PDT · by GIdget2004 · 35 replies
    The Hill ^ | 07/09/2015 | Keith Laing
    A Republican House member is introducing legislation to increase the federal gas tax by 10 cents-per-gallon to help pay for transportation projects across the nation. The measure, sponsored by Rep. Tom Rice (R-S.C.), would offset the gas tax increase with a $133 income tax credit that would be offered to drivers to minimize the impact of higher prices at the pump. Rice said in an interview with The Hill that his measure would not cost extra money but would give states "certainty" about the availability of federal transportation funding as a July 31 deadline for the expiration of the current...
  • Vermont's Vending Machine And Soda Taxes Kick In

    07/07/2015 10:27:35 PM PDT · by 2ndDivisionVet · 12 replies
    Vending Times ^ | July 7, 2015 | Emily Jed
    MONTPELIER, VT -- All food and beverages sold through vending machines are now subject to Vermont's 9% meals and rooms tax, effective July 1. A 6% sales tax on sugary drinks is also in effect. The new levies are part of a tax package that lawmakers passed in May to raise a $30 million in new revenue. Lawmakers expect the sales tax on soft drinks to raise about $8 million a year, and applying the meals tax to vending machines to add about $1 million a year. Exempt from Vermont's sugary drink tax are products that contain milk, soy, rice...
  • Top 1 Percent Paid 15 Percent of State Income Tax While Bottom 33 Percent Received Millions

    07/07/2015 12:57:10 PM PDT · by MichCapCon · 11 replies
    Michigan Capitol Confidential ^ | 7/6/2015 | Tom Gantert
    Michigan paid out $245 million more than it collected in 2012 to nearly one-third of state income tax filers, which were the people who reported incomes of less than $16,000. At the other end, the state collected $1 billion from the fewer than 1 percent of households who reported earnings of $500,000 and above. The information is included in the tax return data recently published by the Michigan Department of Treasury. It sheds light on an ongoing debate about who pays the approximately $7 billion in annual state income tax collections. Of the 4.6 million people who filed state tax...
  • Saluting a “Great Charter” of Liberty

    06/20/2015 7:07:21 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | June 20, 2015 | Ed Feulner
    It won’t be long before Americans all across the country are celebrating our great national birthday. And we won’t do so quietly. “It ought to be commemorated as the day of deliverance by solemn acts of devotion to God Almighty,” John Adams, our second president, wrote of July 4. “It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations from one end of this continent to the other, from this time forward forever more.” Indeed it should. I also frequently urge people to reread our founding charter, the Declaration of Independence, which...
  • Bankruptcy is the only way Greece can fashion a new beginning

    07/06/2015 11:52:23 AM PDT · by Tolerance Sucks Rocks · 32 replies
    The Washington Times ^ | July 5, 2015 | Stephen Moore
    Almost every option facing debt-drenched Greece is bad, but there is only one that will end this Greek tragedy for good. Let Greece go bankrupt. Then let this once-rich nation, hit the restart button to rebuild its economy. What I’m suggesting for Greece is what might be called the Detroit option. Put Greece under receivership and let these new authorities figure out how to manage the debt and decide who will take a haircut and how big. Pensioners, bondholders, welfare recipients, government workers, the International Monetary Fund, all will have to settle for less — maybe a lot less. It’s...
  • How much could Chicago pension payments jack up your property tax bill? Try 30 percent

    07/05/2015 6:49:36 AM PDT · by george76 · 21 replies
    Crain's Chicago Business ^ | July 04, 2015 | Thomas A. Corfman
    Even as Mayor Rahm Emanuel warns about a property tax hike of up to $250 million for the cash-strapped Chicago Public Schools, another big wave of increases likely is coming to rescue the pensions of police officers and firefighters. A massive payment due to those retirement plans next year could drive up Chicago property taxes by more than 30 percent, according to a Crain's analysis. And if the current logjam in Springfield continues, it could be a lot worse. Taxes on a $250,000 home would jump $224, assuming the city continues its current practice of using property taxes to fund...
  • Chicago extends taxing power to online movies, music, more (only 9%)

    07/05/2015 5:02:31 AM PDT · by Libloather · 19 replies
    Chicago Tribune ^ | 7/02/15 | John Byrne and Amina Elahi
    Chicagoans who pay to stream movies and music from services like Netflix and Spotify will now need to fork over an additional 9 percent for the privilege, as will Chicago businesses that pay to use everything from real estate to court databases online, under a decision the city quietly made recently to expand its taxing power.. The added costs are the result of a ruling by the city Finance Department that extends the reach of ordinances governing two types of taxes — the city amusement tax and the city personal property lease transaction tax — to cover many products streamed...
  • Chicago imposes ‘cloud tax’: Officials aim to collect $12M from digital services

    07/04/2015 12:36:24 PM PDT · by upchuck · 20 replies
    wash times ^ | July 3, 2015 | Douglas Ernst
    Digital media companies and Chicagoans will now be slapped with a 9 percent “cloud tax” on streaming services, the Chicago Sun Times reported Wednesday. City officials aim to generate $12 million from the new tax. Collections will begin Sept. 1. “In an environment in which technologies and emerging industries evolve quickly, the city periodically issues rulings that clarify the application of existing laws to these technologies and industries,” mayoral spokeswoman Elizabeth Langsdorf said in a statement, the newspaper reported. Companies are already working to shift costs imposed by the “cloud tax” onto consumers. Entertainment website The Verge reported Wednesday that...
  • Progressive Paradise Lost

    07/04/2015 10:07:58 AM PDT · by Tolerance Sucks Rocks · 20 replies
    The Daily Signal ^ | July 1, 2015 | Salim Furth
    It’s a progressive paradise.Public employees get 30 vacation days a year. Anyone who works over eight hours in a day gets paid time-and-a-half. Employees have strong rights.The minimum wage is high: 77 percent of the median wage.Environmental regulations are settled beyond the pressure of local economic interests. The forests and mountains are pristine destinations for ecotourism.Energy costs are kept high, pushing consumption down to a level deemed “socially beneficial”. Utilities have strong public backing and provide jobs to thousands.Union jobs in shipping are protected from outsourcing to cut-rate foreign competitors.The social safety net is buoyant and provides a solid working-class standard...
  • Netflix hit with 'cloud tax' as Chicago targets online consumers

    07/01/2015 5:26:51 PM PDT · by lowbridge · 60 replies
    fortune ^ | july 1, 2015 | jeff john roberts
    Chicago officials are taking an aggressive new tax approach. Consumers will now have to pay 9% on Netflix, Amazon Web Services and more. Chicago is marking Independence Day this year with fireworks, hot dogs – and sweeping new tax rules that require companies to collect a 9% levy every time consumers use streaming and cloud services such as Netflix or Amazon Web Services. The rules, which went into effect today, came about after city officials expanded the interpretation of existing amusement and property lease taxes to encompass cloud-based technologies. According to lawyers at ReedSmith, which flagged the new rules in a blog post,...
  • Five True Lies Republicans Should Tell In 2016

    07/01/2015 7:42:57 AM PDT · by 2ndDivisionVet · 3 replies
    It’s time to define the Democrats the way they’ve done to our people.Our readers don’t really need to see another column, post, or podcast about how the Supreme Court and the Obama administration has wrecked the America we used to know, and we’re past the time where we wallow in grief about how the country is lost. It’s not lost. The fight isn’t over until conservatives say it’s over. Are you really going to just sit there and let a bunch of high-school losers who found religion in campus cultural Marxism destroy the greatest society in world history? The Nazis,...
  • Why You Don't Want To Be In California's One Percent

    06/30/2015 4:27:47 AM PDT · by SeekAndFind · 7 replies
    Forbes ^ | 06/30/2015 | Rex Sinquefield
    Tax reform isn’t exactly something we associate with California. With the highest income-tax rate in the nation (and the third-worst overall state business tax climate, per the Tax Foundation’s most recent rankings), the Golden State offers plenty of practical lessons in how not to run an economy. However, California State Controller Betty Yee recently suggested tax reform that shows a clear understanding of the peril facing California’s economy – and offers ideas that could restore energy and momentum to a sluggish state business climate. Yee, a Democrat, wants to broaden the state tax base. California bureaucrats have grown far too...
  • Good roads shouldn’t cost more money: Current gas tax is sufficient — if the cash is not misspent

    06/29/2015 6:13:28 AM PDT · by SeekAndFind · 10 replies
    Washington Times ^ | 06/29/2015 | Stephen Moore
    It’s summertime, and that means millions of Americans cramming in their minivans and crisscrossing around the country on family vacation. But how safe are the roads, and will they be backed up for miles of gridlock? This year the highway trust fund that finances our national highway system is running out of money. The federal gas tax will raise about $34 billion this year, but that isn’t enough revenue to cover all the spending Congress wants to do. So naturally, the lobbyists in Washington — including mayors, road builders, transit operators and civil engineers — are demanding a higher gas...
  • Has SCOTUS Created a Way to Get Around the Estate Tax?

    06/28/2015 2:11:42 AM PDT · by 2ndDivisionVet · 26 replies
    American Thinker The Blog ^ | June 28, 2015 | Vel Nirtist
    Sometimes, at a most solemn moment, a most irreverent thought shoots through the mind. When I heard that the US Supreme Court legalized gay marriage, my thought was "I wonder what the estate tax lawyers will make of it?" How about advising a terminally ill widowed grandma to marry her much-beloved granddaughter at the deathbed? Won't the estate pass to the surviving spouse intact? I'm not a lawyer, but I think it will -- without IRS getting the bite out of it as would happen now. And it would be very hard to have a sound legal argument against such...
  • NCBA warns of lawsuit over Waters of the U.S.

    06/25/2015 9:18:56 AM PDT · by george76 · 13 replies
    Farm Futures ^ | Jun 23, 2015
    NCBA will engage EPA in lawsuit alleging overreach in Waters of the U.S. rule, group says. Concerns of cattlemen regarding the U.S. EPA and Army Corps of Engineers Waters of the U.S. rule released last month are coming true, National Cattlemen's Beef Association Vice President of Government Affairs Colin Woodall said Tuesday, but that's actually generating more support for repeal efforts. We just got some more feedback this last weekend that it's the determination of the EPA that any stock tank or pond that runs around in a flooding type event would be considered a 'water of the United States,'"...
  • Impact of EPA’s ‘Waters of the U.S.’ Proposed Rule on Small Businesses Could Be Significant

    05/30/2014 6:56:46 AM PDT · by george76 · 10 replies
    National Journal ^ | May 30, 2014 | U.S. House of Representatives Committee on Small Business
    The Small Business Committee, under the chairmanship of Rep. Sam Graves (R-MO), today conducted a hearing about how small businesses would be affected by the Environmental Protection Agency's (EPA) and United States Army Corps of Engineers' proposed rule to expand the Clean Water Act. Last week, Graves and Members of the Committee wrote to EPA Administrator Gina McCarthy and Assistant Secretary of the Army Jo-Ellen Darcy, who oversees the U.S. Army Corps of Engineers, to urge withdrawal of the pending rule. Among the witnesses' and Members' concerns, the EPA and Corps of Engineers did not adequately assess the impact of...
  • Hundreds attend town hall meeting to discuss BLM's plan for closures of public land ( Colorado )

    06/25/2015 6:38:33 AM PDT · by george76 · 39 replies
    KJCT ^ | Jun 24, 2015 | Daniela Pardo
    Grand Junction, COLO. It's a hot debate that's sparked a lot of controversy in Mesa County. The updating of the Resource Management Plan has been in the works for years. It was announced a few months back, but not everyone's happy about the proposal. The Mesa County Commissioners and the Bureau of Land Management took turns speaking at the town hall meeting. The public listened to what happened in a meeting with representatives from the governor's office, in regards to the Resource Management Plan, and had the chance to share their concerns and suggestions. At last week's meeting with the...
  • Top aide benefited from tax break Obama has assailed

    06/25/2015 4:53:33 AM PDT · by rellimpank · 7 replies
    Chicago Sun-Times ^ | 25 june 2015 | Chuck Neubauer and Sandy Bergo
    Valerie Jarrett, a friend of President Barack Obama who is also one of his top advisers, benefited from an income-tax loophole that the president has said unfairly helps the “wealthy and well-connected” — a tax break that Jarrett herself has tried to close. The “carried interest” benefit Jarrett received may have saved her $200,000, according to records and interviews. The term refers to the performance fee paid to real estate developers, as well as private equity and hedge fund managers for managing other people’s money when their deals or funds exceed certain profit thresholds.
  • New plan could bring tolls to VA interstates

    06/24/2015 12:57:26 PM PDT · by Ray76 · 20 replies
    There's a new push to charge tolls on Virginia's free interstates, and it's coming straight from the White House. Federal funding for Virginia highways is set to expire at the end of May. Part of President Barack Obama's solution is to open all of Virginia's interstates to tolls. Right now, tolls are flat-out banned on existing interstate lanes, but the Grow America Act 2.0, now in Congress, will change that. It's a $500 million plan, and it lifts a huge barrier if it passes. Right now, to toll an interstate, you need to build new lanes. That's how we have...
  • Chuck Schumer: Carbon tax has a chance if Clinton wins

    06/24/2015 6:28:08 AM PDT · by Oldeconomybuyer · 13 replies
    Politico ^ | June 23, 2015 | By ELANA SCHOR
    Sen. Chuck Schumer outlined a path Tuesday for Hillary Clinton to enact a carbon tax if the Democrats prevail in the 2016 elections. Schumer said that a Clinton presidency and the return of his party to the Senate majority in 2017 could pave the way for lawmakers to enact a carbon tax to help fund the government. The mere suggestion of a new fee on the emissions blamed for climate change, however, could become a political headache for Clinton and other Democrats, and it’s routinely dismissed by Republicans. Schumer also vowed that Democrats would successfully defend President Barack Obama’s landmark...
  • IMF: Greek Reforms Too Reliant On Tax Rises

    06/24/2015 5:48:52 AM PDT · by Oldeconomybuyer · 11 replies
    Sky News ^ | June 24, 2015
    The International Monetary Fund is cautious about the mix of reforms Greece has proposed, saying they rely too heavily on tax increases that can hurt the economy. The IMF’s concern is that Greece’s proposed reforms should be more related to spending cuts rather than tax rises which hit businesses. The new proposals by Athens aim to raise €8bn, mostly through new taxes on the wealthy and businesses, early retirement restrictions, VAT increases and a cut in defence spending.
  • Residents says county is falsifying road data to get more tax money ( Boulder )

    06/23/2015 8:17:39 AM PDT · by george76 · 7 replies
    Watchdog ^ | June 23, 2015 | Arthur Kane
    Boulder County is falsifying road maintenance data, and the Colorado Department of Transportation is refusing to verify the filings, some residents of the county’s subdivisions say. Chuck Wibby, chairman of the Boulder County Fairness in Road Maintenance community group, provided Watchdog.org with nearly a dozen examples of roads Boulder County rated as good in its 2012 road inventory report to CDOT – roads the county’s own contractor rated as fair to poor that year. “It’s sort of the textbook definition of fraud,” he said, adding the group sent state officials a letter with his allegations against the county. “The county...
  • Invasion of Privacy? Tax Assessors Taking Photos on Private Property

    06/23/2015 7:03:55 AM PDT · by MichCapCon · 13 replies
    Michigan Capitol Confidential ^ | 6/18/2015 | Anne Schieber
    When Jeff Stout posted a "no trespassing" sign on the mailbox outside his Cannon Township home in suburban Grand Rapids, he thought that would be enough to keep strangers off his property. Then, he saw a picture of his backyard on the township’s website, taken by township tax assessors. “These pictures are on the township website, along with pictures of the front and back of everyone’s houses, available for public viewing, possibly a privacy concern, or maybe of use to criminals,” said Stout. The pictures show parts of the property that cannot be seen from the street or in images...
  • On Taxes, Scott Walker Has Wisely Jettisoned the Supply-Side Orthodoxy

    06/22/2015 7:26:19 AM PDT · by Cincinatus' Wife · 17 replies
    National Review ^ | June 22, 2015 | Henry Olsen
    Like all the GOP presidential contenders, Scott Walker is being advised by economists and editorial writers to adopt a “cut the top rate first” tax policy. It would be a shame if he followed their advice, which would mean abandoning the approach that he has employed in Wisconsin to such political and economic success. Standard “supply side” tax policy argues that the inventions and advances of the economy’s most active participants drive most growth. Thus, tax policy’s priority should be to encourage more of that activity by lowering the marginal rate on those participants’ income. Since the most economically active...
  • Senators Rally Conservative Support for $2 Trillion Carbon Fee Bill

    06/19/2015 8:46:02 AM PDT · by Sir Napsalot · 45 replies
    PJ Media ^ | 6-18-2015 | Nicholas Ballasy
    Whitehouse: "I extend an open hand, or an olive limb, to conservatives everywhere."Sens. Sheldon Whitehouse (D-R.I.) and Brian Schatz (D-Hawaii) have proposed a bill that would establish an economy-wide tax on carbon dioxide and other greenhouse gas emissions. “My bill sets the fee for a ton of carbon at $45 in 2016, the central range of the social cost of carbon as estimated by OMB, and would increase it each year at a real 2 percent. When emissions fall 80 percent below 2005 levels, the annual adjustment would fall to inflation,” Whitehouse said at the American Enterprise Institute when presenting...
  • Nevada to offer transgender health coverage starting July 1

    06/18/2015 1:45:58 PM PDT · by redreno · 30 replies
    http://www.reviewjournal.com ^ | 06/18/2015 | By SANDRA CHEREB
    CARSON CITY — State employees and covered family members will have health coverage for gender reassignment and other transgender procedures under a new insurance policy that takes effect July 1. The Public Employee Benefits Program board voted in November to remove language in the state’s self-funded and HMO plans that specifically excluded therapy for gender dysphoria. Brock Maylath, president of the advocacy group Transgender Allies Group, on Wednesday hailed the change as a “significant step” for the transgender community. Previous language in the state insurance design plan excluded treatment designed to alter physical characteristics and any other treatment related to...
  • If Hillary’s Elected President, Get Ready for Massive Obamacare Taxes

    06/18/2015 5:51:27 AM PDT · by Jess Kitting · 11 replies
    The Fiscal Times, Yahoo.com ^ | June 18, 2015 | Ed Morrissey
    The Supreme Court will soon announce its decision in King v. Burwell, a case that could have far-ranging impact on the Affordable Care Act. The system more commonly known as Obamacare pays subsidies to taxpayers below 400 percent of the poverty line to cover health-insurance premiums. The plaintiffs in King argue that the explicit language of the law forbids subsidy payments to those purchasing health insurance outside of a state exchange. States lack 'plan B' for loss of Obamacare aid CNBC Obama Readies His Veto Pen for a GOP Health Care Fix The Fiscal Times Post-King v. Burwell Advice for...
  • Agency: Staff cuts take toll on IRS tax enforcement efforts

    06/17/2015 9:36:52 PM PDT · by Olog-hai · 26 replies
    Associated Press ^ | Jun 17, 2015 3:54 PM EDT | Andrew Taylor and Stephen Ohlemacher
    Budget cuts to the IRS are hampering the agency’s efforts to uncover tax cheats, an agency watchdog said Wednesday, and more trims are on the way under legislation approved by a GOP-controlled House panel. IRS budget cuts are hurting tax collections because there are fewer agents chasing delinquent taxpayers, according to a report released Wednesday by the Treasury Inspector General for Tax Administration. The IRS budget has been cut by $1.2 billion since 2010. The House Appropriations Committee approved IRS cuts of $900 million more on Wednesday on a party-line vote. Republicans controlling Congress have targeted the much-maligned agency, particularly...
  • Hillary Spokesman: She Will Propose ‘Revenue Enhancements’ — AKA Tax Hikes

    06/17/2015 2:31:46 PM PDT · by Zakeet · 18 replies
    Daily Caller ^ | June 17, 2015 | Patrick Howley
    Hillary Clinton is going to propose “revenue enhancements,” which is a term that means tax hikes. Clinton campaign press secretary Brian Fallon said on Twitter that the campaign will propose “revenue enhancements” to raise money for various government programs including universal preschool.