http://www.freerepublic.com/tag/taxhike/ en-us Fri, 26 Jun 2009 00:07:18 GMT Focus Forum 15 http://www.freerepublic.com/focus/f-news/2279582/posts Fiscal Policy: The House of Representatives is preparing to vote on an anti-stimulus package that in the name of saving the earth will destroy the American economy. Smoot-Hawley will seem like a speed bump...As we've said before, capping emissions is capping economic growth. An analysis of Waxman-Markey by the Heritage Foundation projects that by 2035 it would reduce aggregate gross domestic product by $7.4 trillion. In an average year, 844,000 jobs would be destroyed, with peak years seeing unemployment rise by almost 2 million. Consumers would pay through the nose as electricity rates would necessarily skyrocket, as President Obama once... IBD Editorials http://www.freerepublic.com/focus/f-news/2279582/posts#comment Fri, 26 Jun 2009 00:07:18 GMT http://www.freerepublic.com/focus/f-bloggers/2276803/posts More tax insanity. This time it's from Oregon. The Daily Crux http://www.freerepublic.com/focus/f-bloggers/2276803/posts#comment Mon, 22 Jun 2009 14:37:33 GMT http://www.freerepublic.com/focus/f-bloggers/2252622/posts Some (many?) Massachusetts politicians simply refuse to leave your money alone. State Senators Sonia Chang-Diaz and Jamie Eldridge now say it’s time to consider an increase in the state income tax. “It’s a difficult situation, and there are no easy solutions,” Chang-Diaz and Eldridge state. “But the tool to solve this budget crisis does exist, if we are willing to show the political leadership (emphasis mine) to use it: an increase in the personal income tax. “Of course, reforms are still necessary, and it’s up to the Legislature to examine every expenditure and measure it against our priorities for public... Massachusetts News Platoon http://www.freerepublic.com/focus/f-bloggers/2252622/posts#comment Sun, 17 May 2009 13:36:25 GMT http://www.freerepublic.com/focus/f-news/2249321/posts WASHINGTON (Reuters) – The Obama administration proposed on Monday to raise nearly $60 billion by closing loopholes including those related to the estate tax, and also revived a bid to cap deductions wealthy individuals can claim. Funds raised from the estate tax and other changes would go to beef up a healthcare reserve fund, a $634 billion pot of money President Barack Obama wants to use to revamp the healthcare system and expand insurance to tens of millions of Americans who lack it. The proposals "take on what we believe are a series of unjustifiable loopholes, unjustifiable tax breaks that... Reuters on Yahoo http://www.freerepublic.com/focus/f-news/2249321/posts#comment Tue, 12 May 2009 16:41:47 GMT http://www.freerepublic.com/focus/f-news/2209418/posts Former Gov. Rod Blagojevich today blasted his successor Pat Quinn's tax plans as "predictable", part of what he alleges was a scheme cooked up with legislative leaders before he was "hijacked from office." The appearance on WLS radio's "Don Wade and Roma Show" marked Blagojevich's first foray into the world of political commentary, since he was ousted in disgrace in January. "He doesn't have to raise taxes, and he can cut taxes," Blagojevich declared, saying there are enough savings to be found in state spending to balance the budget without going directly to taxpayers for more money. NBC Chicago http://www.freerepublic.com/focus/f-news/2209418/posts#comment Wed, 18 Mar 2009 21:25:28 GMT http://www.freerepublic.com/focus/f-news/2159757/posts Complaining that they already have been hit hard by the ailing economy, many Inland bar owners are upset by Gov. Arnold Schwarzenegger's proposal to raise taxes on cocktails, beer and wine purchased at bars. "It's awful," said Paula Jones, owner of Arts Bar & Grill in downtown Riverside. Business has dropped 30 percent the past year, the worst decline Jones has seen in 25 years of owning the bar, she said. The nickel-a-drink tax is part of Schwarzenegger's plan to solve a nearly $40 billion state budget shortfall projected through June 2010. If approved by the Legislature in the coming... Riverside Press-Enterprise http://www.freerepublic.com/focus/f-news/2159757/posts#comment Tue, 6 Jan 2009 19:17:03 GMT http://www.freerepublic.com/focus/f-news/2135700/posts Runaway borrowing to trigger tax rises By Chris Giles and George Parker Published: November 20 2008 23:45 | Last updated: November 20 2008 23:45 Annual public borrowing is set to rocket towards £120bn over the next two years – far higher than City forecasts – forcing Alistair Darling to announce plans for deferred tax rises and public spending curbs when he presents his pre-Budget report next week. Treasury officials say the “mammoth shock” to the economy will cause tax revenues to fall far below previous government forecasts, even before the chancellor announces what is promised to be a “decisive” temporary... FT http://www.freerepublic.com/focus/f-news/2135700/posts#comment Fri, 21 Nov 2008 02:22:36 GMT http://www.freerepublic.com/focus/f-news/2095404/posts McCain, Obama, Lieberman, and Biden have voted for the bailout. No word yet on Graham. C-SPAN http://www.freerepublic.com/focus/f-news/2095404/posts#comment Thu, 2 Oct 2008 01:15:45 GMT http://www.freerepublic.com/focus/f-chat/2041618/posts LOS ANGELES - Los Angeles County's mass transit agency this month will likely ask county supervisors to put a half-cent sales tax increase measure on November's ballot, a move aimed at raising tens of billions of dollars to build a Los Angeles subway extension and other projects. While a recent poll shows general voter support for the transportation tax hike, the five county supervisors, who are members of the 13-member Metro board, are not advocating the increase. And the whole thing could go up in smoke if a related bill by Assemblyman Mark Feuer doesn't make it past state lawmakers.... Valley Press on http://www.freerepublic.com/focus/f-chat/2041618/posts#comment Mon, 7 Jul 2008 00:27:54 GMT http://www.freerepublic.com/focus/f-news/2012330/posts Official testifies in TABOR lawsuit that more money collected as a result of mill levy freeze. State treasurer Cary Kennedy conceded today on the witness stand that a bill passed last year by the legislature alters the way taxes are calculated with the net result that many property owners pay more. But Kennedy continued to insist the 2007 law, SB 199, does not violate Colorado's Taxpayer's Bill of Rights. Kennedy's testimony came on the second day of a lawsuit brought by opponents of the 2007 law. They say SB 199 should have been referred to voters under TABOR provisions. The... Rocky Mountain News http://www.freerepublic.com/focus/f-news/2012330/posts#comment Wed, 7 May 2008 04:30:07 GMT http://www.freerepublic.com/focus/f-news/1991712/posts Rep. Eric Cantor (R-VA) recently sent out an email which highlights one area where the difference between Republicans and Democrats still remains stark: raising taxes. As Congressman Cantor relates: Before adjourning for recess, House Democrats passed the largest tax-hike in American history; a rate hike that will soak an average of $3,120 from every family. In an economy reeling from a slowing housing and job market, this is a burden that American families and small business owners simply cannot afford. Let’s be clear – this Democrat tax hike raises the tax burden of every American, particularly the middle-class. Cantor then... DBKP.com http://www.freerepublic.com/focus/f-news/1991712/posts#comment Wed, 26 Mar 2008 10:16:33 GMT http://www.freerepublic.com/focus/f-news/1982351/posts OAKLAND (BCN) - Gov. Arnold Schwarzenegger said Friday that "everything is on the table," including tax hikes, to help the state deal with its budget crisis and try to minimize or eliminate reductions in spending on education. Speaking to reporters in Oakland, where he announced $394 million in funding for transit projects statewide, Schwarzenegger said that when he announced his proposed budget in January, "I was the first one who said the worst idea is to cut any money from education and we must do everything we can to learn from mistakes that were made in the past." Schwarzenegger said... CBS 5.com http://www.freerepublic.com/focus/f-news/1982351/posts#comment Sat, 8 Mar 2008 07:07:01 GMT http://www.freerepublic.com/focus/f-news/1981525/posts Senate Democrats say California should raise taxes instead of adopting Governor Arnold Schwarzenegger's plan to cut billions from education spending next year. Senate leader Don Perata suggests a temporary sales tax boost and ending some tax breaks for businesses. The Democrats say they will not approve classroom cuts even if it stalls efforts to trim the state's multibillion-dollar budget deficit. Education is facing an estimated $4.3 billion cut for the budget year that begins in July. Schwarzenegger spokesman Aaron McLear says the Republican governor does not like cutting schools but thinks taxes already are high enough. Perata and other Democratic... AP on Bakersfield Californian http://www.freerepublic.com/focus/f-news/1981525/posts#comment Thu, 6 Mar 2008 21:14:17 GMT http://www.freerepublic.com/focus/f-news/1964147/posts "It was not Groundhog Day at Gov. Jon S. Corzine's latest town hall meeting in Ocean County - it was Flying Pig Day. While not forced to endlessly repeat the events of last month's town-hall meeting in Cape May County - no protesters were arrested this time - the governor received plenty of heckles and catcalls at Saturday's event at the Toms River North High School in Toms River Township, including one protest by a group calling itself the Ocean County Flying Pigs Club. Just like in his other stops, Corzine tried to ramp up support for his Financial Restructuring... pressofAtlanticCity.com http://www.freerepublic.com/focus/f-news/1964147/posts#comment Sun, 3 Feb 2008 11:25:48 GMT http://www.freerepublic.com/focus/f-news/1960221/posts A Democratic lawmaker in New Mexico wants to tax televisions and video games to raise funds to fight childhood obesity and improve education in the state, officials said Friday. "I have asked our legislative council service to prepare the "Leave No Child Inside" bill and am hopeful that it will be ready for me to introduce on Monday," educator-turned-lawmaker Gail Chasey told AFP. "Leave No Child Inside" -- a play on the federal education initiative "No Child Left Behind" -- is backed by grassroots environmental group, the Sierra Club. "The bill proposes levying a one-percent excise tax on the purchase... Breitbart http://www.freerepublic.com/focus/f-news/1960221/posts#comment Sun, 27 Jan 2008 06:36:47 GMT http://www.freerepublic.com/focus/f-news/1956969/posts Hillary Clinton said that if she became president, the federal government would take a more active role in the economy, in an effort to address what she said were the excesses of the market and the Bush administration. She told the New York Times she would put her emphasis on issues like inequality and the role of institutions like government, rather than market forces, in addressing them. She said that economic excesses -- including executive-pay packages she characterized as often "offensive" and "wrong" and a tax code that had become "so far out of whack" in favoring the wealthy --... Houston Chronicle http://www.freerepublic.com/focus/f-news/1956969/posts#comment Mon, 21 Jan 2008 07:14:37 GMT http://www.freerepublic.com/focus/f-news/1939030/posts Gov. Tim Kaine yesterday announced a plan to expand health care coverage to thousands of uninsured, low-income Virginians as the state faces a projected $641 million budget shortfall. "One in seven Virginians still lack health insurance because their employers don"t provide it or because they cannot afford it," Mr. Kaine said. "As more citizens rely on our health care safety net for their most basic health needs, we must strengthen that system." Mr. Kaine, a Democrat, said the two-year budget that he plans to present to the General Assembly on Monday will include about $25.5 million in new health care... The Washington Times http://www.freerepublic.com/focus/f-news/1939030/posts#comment Thu, 13 Dec 2007 19:12:10 GMT http://www.freerepublic.com/focus/f-news/1927798/posts Charles Rangel has offered up his prescription for tax reform. He refers to it as “The Mother of All Tax Bills.” He claims that his bill restores tax fairness and makes the wealthy pay “their fair share.” This congressional balloon juice is not only disingenuous, it is also wrong. What Charlie Rangel proposes is the Mother of all unjustified pay cuts. By repealing the tax cuts passed by George W. Bush, Charles Rangel takes thousands of dollars out of the pockets of the average American wage earner. In the State of Virginia, Rangle’s Bill will cost the average family $2,487.... The Minority Report http://www.freerepublic.com/focus/f-news/1927798/posts#comment Mon, 19 Nov 2007 13:43:37 GMT http://www.freerepublic.com/focus/f-news/1912632/posts WASHINGTON - Republican presidential candidate Rudy Giuliani ruled out a tax increase Wednesday to help shore up Social Security, a slight shift in position designed to reassure anti-tax conservatives. The former New York mayor also said the best remedy for the current housing slump would be for Congress to make President Bush's tax cuts permanent, adding that would "do much much more for the economy than a tailored bailout." In an appearance before the Club for Growth, he said that as mayor of New York, he had cut spending by more than "any contemporary of mine in the 1990s" in... AP on Yahoo http://www.freerepublic.com/focus/f-news/1912632/posts#comment Wed, 17 Oct 2007 20:02:05 GMT http://www.freerepublic.com/focus/f-news/1873913/posts When Republicans passed major tax relief packages in 2001 and 2003, we predicted that a booming economy, new jobs for millions of Americans, and an increase in investment and innovation would result. The past several years have proved our theory correct: When government gets out of the way, the American people will get to work. The 2001 and 2003 tax reductions have spurred more than five years of uninterrupted growth. The economy grew at a robust 3.4 percent in the second quarter of 2007. Productivity growth has averaged 2.8 percent since 2001, considerably above the average of each of the... National Review Online http://www.freerepublic.com/focus/f-news/1873913/posts#comment Mon, 30 Jul 2007 23:20:57 GMT http://www.freerepublic.com/focus/f-news/1860143/posts An unelected body, the Northern Virginia Transportation Authority, (NVTA) is set to implement completely unprecedented and controversial taxing powers for road projects, two thirds of which will not be identified until late November or early December. The NVTA wants more taxing power from the General Assembly in 2008, eminent domain authority to take homes, businesses, and land, and power to relocate utilities. Proposed Taxes and Fee Increases: - Tax on home sales will increase an additional 40 cents per $100 bringing the total state and local grantor/recordation taxes to 86.66 cents per $100, up from 46.66 cents per $100 ($3,467... email from Delegate Bob Marshall http://www.freerepublic.com/focus/f-news/1860143/posts#comment Tue, 3 Jul 2007 13:21:26 GMT http://www.freerepublic.com/focus/f-news/1817853/posts The average American family will have to pay an extra $2,641 a year if President Bush's 2003 tax cuts are allowed to expire -- but House Speaker Nancy Pelosi and her fellow Democrats have given no indication they plan to extend the cuts. "The mugging will lift $3.3 trillion from purses and wallets because the 2003 cuts will begin expiring soon," Ernest Istook – a former Republican congressman from Oklahoma and a visiting fellow at the Heritage Foundation – writes in the Washington Post. "The budget resolution moving through Congress is the blueprint for what's coming. Higher spending – by... NewsMax http://www.freerepublic.com/focus/f-news/1817853/posts#comment Sun, 15 Apr 2007 21:29:08 GMT http://www.freerepublic.com/focus/f-news/1792833/posts Gov. Tim (Eyebrow) Kaine was protested by a group of Roanoke-area taxpayers today, as he attended Raleigh Court Elementary School on his "easy listening" tour. He was apparently listening to school kids, rather than taxpayers and voters. The group took issue with Kaine's campaign promise to not raise taxes, a promise he immediately broke during his first year in office. Also, one member of the group sat in the Tim Kaine Rocking Chair. The group objects to the fact that Kaine has done nothing while the General Assembly hammered out a Transportation Plan. Kaine now plans radical changes to it... http://www.freerepublic.com/focus/f-news/1792833/posts#comment Wed, 28 Feb 2007 20:09:26 GMT http://www.freerepublic.com/focus/f-news/1780653/posts New taxes fuel Rendell's $27.3 billion budget By PETER JACKSON Associated Press Writer HARRISBURG, Pa. (AP) -- Gov. Ed Rendell asked Pennsylvania lawmakers Tuesday to approve higher taxes for consumers, employers, tobacco users and waste haulers to help finance a $27.3 billion budget that includes initiatives in health care, energy and property-tax relief. Rendell also suggested the possibility of leasing the Pennsylvania Turnpike to a private operator and levying a new tax on oil-company profits to raise the necessary $1.7 billion for highway and bridge improvements and mass transportation. The budget, the first of Rendell's second term, also calls for... The Scranton Times-Tribune http://www.freerepublic.com/focus/f-news/1780653/posts#comment Wed, 7 Feb 2007 15:08:48 GMT http://www.freerepublic.com/focus/f-news/1779992/posts HARRISBURG — Gov. Ed Rendell is expected to outline a state spending plan today that will boost an array of taxes to fund health care reforms, property-tax reductions and other programs. Though the governor has been tight-lipped on details, in recent days he has revealed plans to: # Increase the 6 percent sales tax, perhaps to 7 percent, to fund property tax cuts for homeowners. These cuts would be in addition to any property-tax relief expected to come from slot-machine revenues. # Boost the state’s $1.35-a-pack cigarette tax by 10 or 11 cents and put a new tax on cigars... The Scranton Times-Tribune http://www.freerepublic.com/focus/f-news/1779992/posts#comment Tue, 6 Feb 2007 13:38:05 GMT