Keyword: taxincreases

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  • Trump: You Bet I Support Raising Taxes on the Rich

    04/21/2016 2:08:04 PM PDT · by Responsibility2nd · 525 replies
    Townhall ^ | 04/21/2016 | Guy Benson
    GUTHRIE: Do you believe in raising taxes on the wealthy? TRUMP: I do. I do – including myself. I do. That was...this morning, in an interview that featured some other controversial statements.  In fairness to Trump, he's been using the "raise taxes on rich people like me" line for months, embracing Obama-style class warfare tax gimmicks like the 'Buffet Rule.'  But raising taxes on anyone, an outcome Trump just re-endorsed, is not what his formal policy agenda proposes.  Just the opposite.  As we've seen on issues such immigration, abortion and foreign policy, Trump routinely makes clear that he isn't familiar with his own positions.  His stances aren't...
  • Surprise: Trump Attacks Walker For...Not Raising Taxes in Wisconsin

    03/29/2016 12:50:00 PM PDT · by Kaslin · 68 replies
    Townhall.com ^ | March 29, 2016 | Guy Benson
    It's been a rough 24 hours for Team Trump. The billionaire's campaign manager has been arrested for battery against a female reporter -- with new surveillance conclusively proving that he lied about the incident and smeared his accuser -- and the candidate himself was subjected to a string of inhospitable interviews with conservative radio hosts in Wisconsin. We wrote about his exchange with Charlie Sykes yesterday; later, he hung up on Vicki McKenna after he grew exasperated with her questions about his threats and insults against Heidi Cruz.  The Texas Senator narrowly leads in recent Badger State polling and just landed the endorsement of Scott Walker, who is...
  • Pennsylvania stuck in historic budget gridlock

    02/09/2016 12:17:09 PM PST · by Olog-hai · 17 replies
    Associated Press ^ | Feb 9, 2016 3:15 PM EST | Marc Levy and Mark Scolforo
    Gov. Tom Wolf warned lawmakers on Tuesday that Pennsylvania's finances are a ticking time bomb amid a record-long budget gridlock, as he sent them a spending proposal for the coming fiscal year with no full plan in place for the year that began back in July. The first-term Democrat delivered an approximately $33.3 billion plan for 2016-17 to the Republican-controlled Legislature as he tries again to break down resistance to a multibillion-dollar tax increase that has held up passage of a budget for the current year. Wolf delivered his message in a blunt, 25-minute speech that prompted objections from most...
  • Puerto Rico's 'death spiral' can be traced back to one mistake

    08/07/2015 9:27:38 AM PDT · by SeekAndFind · 6 replies
    Business Insider ^ | 08/07/2015 | Linette Lopez
    Puerto Rico is $72 billion in debt, and it will take a painful process to bring the island's finances back from the brink. It's a massive debt load for such a small territory, and the problem can really be traced to one issue bad tax policy. After Puerto Rico let one tax break for manufacturers expire almost a decade ago, manufacturers started shutting down operations on the island. That caused a spike in unemployment. On top of that, business-friendly tax policies for some of the companies that remained allowed multinational giants to pay tax rates of little more than...
  • The Union That Rules New York ( SEIU )

    08/31/2015 6:38:28 AM PDT · by george76 · 3 replies
    City Journal ^ | Summer 2015 | DANIEL DISALVO AND STEPHEN EIDE
    Powerful and well funded, 1199 SEIU has unprecedented reach into city and state government. ... Medicaid is one of the primary sources of funding for the hospitals employing workers from 1199 SEIU, the powerful hospital and nursing-home employees union. ... The unions clout can be assessed by several measures: the sheer size of its membership, its spending on campaigns and lobbying, and the depth and breadth of its connections with New Yorks ruling elite. With well over 300,000 members in Massachusetts, Maryland, Florida, Washington, D.C., and New York (where over half of that total resides), 1199SEIU is the largest union...
  • Greeks Face 'Humiliating' Demands As Twitter Says #ThisIsACoup (EU Demands "Banker Dictatorship"?)

    07/12/2015 8:41:53 PM PDT · by tcrlaf · 65 replies
    TeleSur ^ | 6-12-2015 | Telesur
    As European Union leaders push Greece for more austerity reforms, Athens enters political crisis and social media erupts in response. A two-day emergency meeting on Greeces economic future ended Sunday with strict conditions from the European Union, including contentious austerity reforms, if it wants a new bailout and keep the euro. To meet the conditions for fresh aid packages and a third bailout that Greece needs to avoid bankruptcy, European finance ministers want Greece to pass a series of austerity measures--including tax and pension reforms-- through Parliament and put them into law by Wednesday. Greece will also have to lose...
  • VOTE AGAINST HIGHER TAXES MAY 12TH (Pulaski County, Arkansas)

    04/14/2015 10:39:23 AM PDT · by pulaskibush · 9 replies
    VOTE AGAINST HIGHER TAXES MAY 12TH The millage tax increase scheduled on May 12th of 5.6 mills would make the average overall millage rate in the Pulaski County Special School District from 40.7 to 46.3 mills. Arkansas already has a 6.5% sales tax, 40.2 cents a gallon tax on gas, a capital gains tax, & a high income tax. Arkansas is one of the highest taxes states in a nation that is over $18 trillion in debt! Yet the AR Education Commissioner Tony Wood, who approved this millage tax, still made over $231,000 in 2014. This $12 million a year...
  • House Democrats unveil budget matching Obamas tax increases

    03/23/2015 11:18:17 AM PDT · by Olog-hai · 11 replies
    Associated Press ^ | Mar 23, 2015 1:20 PM EDT | Andrew Taylor
    House Democrats have unveiled a $3.7 trillion budget plan for next year. It mirrors President Barack Obamas call for $1.8 trillion in tax increases on wealthier people and corporations over the coming decade but would add almost $6 trillion to the national debt over that time. [] The plan calls for a wave of new spending for infrastructure like roads and bridges and additional funding for education and medical research. It would make modest curbs on the rapid growth of the popular Medicare program.
  • President Obama's Tax Hike Plan Is A Plan For Failure

    01/20/2015 3:20:01 PM PST · by jazusamo · 8 replies
    Investots.com ^ | January 20, 2015 | Stephen Moore
    President Obama will deliver yet another State of the Union Address with much the same message and policy prescription of his first six: Spread the wealth around. He wants $320 billion in new taxes on both the middle class and wealthy over the next decade to pay for income redistribution handout programs that are supposed to help the poor and middle class. But Obama has been president now for six years. If his redistribution policies worked, why are the poor getting poorer and why has the middle class stalled out? Is this George Bush's fault? The irony of the Obama...
  • Kansas governor seeks tax increases to address budget woes

    01/16/2015 7:57:51 PM PST · by Olog-hai · 13 replies
    Associated Press ^ | Jan 16, 2015 10:01 PM EST | John Hanna
    Kansas would nearly triple its cigarette tax, raise taxes on alcohol and slow down promised income tax cuts to balance its budget under proposals Republican Gov. Sam Brownback outlined Friday. Brownback presented detailed recommendations to the GOP-dominated Legislature for eliminating projected shortfalls totaling more than $710 million in the current budget and for the fiscal year beginning July 1. He also presented a spending blueprint for the fiscal year beginning in July 2016 designed to leave the state with some cash reserves. The states budget problems arose after lawmakers aggressively cut personal income taxes in 2012 and 2013 at Brownback's...
  • Germans could pay for EU unemployed

    08/25/2014 12:55:52 PM PDT · by Olog-hai · 26 replies
    TheLocal.de ^ | Published: 25 Aug 2014 13:20 CET
    Germans could foot the bill for unemployment benefits in other European countries under an EU plan to tax the unions richest states.Lszl Andor, EU Commissioner for Employment, Social Affairs and Inclusion, set out his proposal in June in Berlin to share the burden of unemployment benefits among EU countries. The plan is now not far from the table, CDU politician and MEP Herbert Reul told Welt newspaper on Monday. Andor claims that in a time of economic downturn, this concept could stabilize and revive struggling economies. He told the Welt on Monday that his plan would not replace countries unemployment...
  • House and Senate in Different Lanes on Dwindling Highway Trust Fund

    07/14/2014 7:15:08 AM PDT · by SeekAndFind · 19 replies
    Pajamas Media ^ | 07/14/2014 | Bill Straub
    WASHINGTON The federal Highway Trust Fund, which contributes to road building and maintenance projects across the country, is expected to run out of money in early August, leading some states to issue plans to halt construction in case the well runs dry. The House and Senate are considering dueling packages and have not reached an agreement on how to address the funds impending insolvency. Transportation Secretary Anthony Foxx has advised governors that reimbursements may slow to a trickle if the chambers cant agree in time. Foxx told the states his department will continue to take every possible measure to...
  • Obama has Proposed 442 Tax Hikes Since Taking Office

    04/14/2014 1:34:50 PM PDT · by upbeat5 · 9 replies
    CNSNews.com ^ | April 14, 2014 | John Kartch
    Since taking office in 2009, President Barack Obama has formally proposed a total of 442 tax increases, according to an Americans for Tax Reform analysis of Obama administration budgets for fiscal years 2010 through 2015. The 442 total proposed tax increases does not include the 20 tax increases Obama signed into law as part of Obamacare. "History tells us what Obama was able to do. This list reminds us of what Obama wanted to do," said Grover Norquist, president of Americans for Tax Reform. The number of proposed tax increases per year is as follows: 79 tax increases for FY...
  • Insurance Company Lays Out Obamacare Tax Hikes

    12/27/2013 6:03:49 AM PST · by Kaslin · 10 replies
    Townhall.com ^ | December 27, 2013 | Kevin Glass
    The cost of Obamacare has been most visible recently in the form of purchase and coverage mandates, but we should all recognize that there are explicit taxes scheduled to take effect next year as well. President Obama has been jerking the insurance companies around with the sign-up deadlines and "un-cancelled plans." The companies might be getting a little retribution. The New York Post reports that Blue Cross Blue Shield of Alabama is putting an explicit line on their form that shows what the Obamacare taxes are costing consumers every month: But one insurance company, Blue Cross Blue Shield of Alabama,...
  • Jerry Brown Risks Being Swept Up in Leftward Tide (Isn't he already there?)

    10/13/2013 7:40:00 AM PDT · by Kaslin · 15 replies
    Townhall.com ^ | October 13, 2013 | Debra J. Saunders
    To some outside California, Gov. Jerry Brown always will be kooky Gov. Moonbeam, no matter what he does. To California Democrats, however, Brown is the political mastermind who persuaded voters to approve a ballot measure to increase taxes -- no small feat, considering that 65 percent of voters rejected a similar measure by Gov. Arnold Schwarzenegger in 2009. The increased revenue and an improving economy lifted Sacramento out of its habitual shortfalls. To some Sacramento Republicans who fought Brown's efforts to put the tax increases before the voters, Dao Gov has become an object of worship. They call Brown...
  • Property tax burden up 13 percent under Christie, AP analysis shows

    09/23/2013 5:57:18 PM PDT · by Olog-hai · 7 replies
    AP via NJ.com ^ | September 23, 2013 at 7:50 AM
    The net household property tax burden in New Jersey rose 13 percent during Gov. Chris Christies first three years in officea number that reflects both his success in reining in local government spending and his inability to restore a relief program that was gutted by his predecessor during the Great Recession, an Associated Press analysis of tax data has found. The growth is only slightly lower than it was in the last three years of Democrat Jon Corzines time as governor, when the net tax bill went up 15 percent. But it reflects a different approach: Christie, a Republican, has...
  • Wrong and Liars Too: 6 Tricks God Has Played on Liberals Since November

    09/11/2013 4:03:25 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | September 11, 2013 | John Ransom
    The last year has been highly informative for Americans who have been looking for information on hypocrisy, shabby intellectualism, broken promises, opportunism, populist dreck, and IPhones. Since almost the moment Obama celebrated his re-election with Republican leader John Boehner by proposing to raise taxes on all of us, God has played an enormous practical joke on liberals. In only ways He could, God has shown that liberals are wrong. Not just wrong, but really, really, seriously wrong. Demented even. And yeah, Im talking about Ezra Klein. No, the world really doesnt work the way liberals want, theyve found out, and...
  • In New Jersey, spared by Sandy but paying the price in taxes

    04/11/2013 9:50:56 AM PDT · by Olog-hai · 1 replies
    Reuters ^ | Thu Apr 11, 2013 5:56am EDT | Hilary Russ
    Philip Checchias home in Barnegat, New Jersey, escaped undamaged from Hurricane Sandy in October, but the 67-year-old is bracing for a different kind of storm damagehigher property taxes. New Jersey home owners already pay the highest taxes in the country, with the revenues going to fund schools, police, firefighters, roads, and building projects. When the value of taxable property drops in one area, the burden often shifts to others to make up the difference. At the epicenter of the problem is Ocean County, where Checchia lives, and where miles of long, fragile barrier islands bore the brunt of the storm's...
  • Broken Promises of ObamaCare

    03/23/2013 5:01:32 AM PDT · by Kaslin · 18 replies
    Townhall.com ^ | March 22, 2013 | Tim Phillips
    Tomorrow marks the third anniversary of President Obamas most significant legislative 'accomplishment': ObamaCare -- the largest expansion of the welfare state in five decades. Tellingly, the President made sure it did not go into effect until after his re-election campaign concluded. Thus, Americans will not feel the full impact of this disastrous legislation until this coming January. Despite a long, lavishly funded campaign to sell the supposed benefits of the 2,400 page behemoth, polls show ObamaCare is still as deeply unpopular now with the American people than when it passed in the spring of 2010. A recent Kaiser Family...
  • Again: Obama Misses Another Budget Deadline

    02/04/2013 5:07:27 PM PST · by Kaslin · 17 replies
    Townhall.com ^ | February 4, 2013 | Guy Benson
    We've known this failure was forthcoming for some time, but it's still worth flagging for several reasons, which we'll get to momentarily.  First, the basics:   Monday marked the deadline set in law for President Obama to submit a budget, but he missed it — making this the fourth time in his five years in office that he's failed to submit the blueprint on time. That makes his record equal to the three previous presidents combined, who spanned 20 years in office. This year, Mr. Obama blamed the late passage of his tax increase deal early last month. "Because these issues were not...
  • The Hell No Left

    01/14/2013 5:33:11 AM PST · by Kaslin · 18 replies
    Townhall.com ^ | January 14, 2013 | Dan Holler
    Last week, Politico profiled freshman Congressman Tom Cotton (R-AK) to give their readers a sneak peak at the hell no caucus. According to the reporters, the Iraq and Afghanistan veteran who holds a pair of Harvard degrees is neither a hick, nor a blowhard. However, they said, To much of the country, Cotton is nothing more than a straight, Southern, white, male, radical conservative a befuddling relic of a fading slice of politics. Yes, that actually appeared in print; and, it is a caricature the elite media in Washington and New York City are all too willing to blindly...
  • Obamas $264 Billion Tax Bill for 2013 May Spark New Recession

    01/07/2013 8:44:45 PM PST · by Olog-hai · 28 replies
    Newsmax ^ | Monday, 07 Jan 2013 10:18 PM | David A. Patten
    With the fiscal cliff deal and many Obamacare taxes taking effect, Americans will be slammed with an estimated $264 billion in new taxes this year alonemaking 2013 memorable for delivering one of the largest one-year tax increases in American history. The math breakdown of the new taxes is simple: Key parts of the Bush tax cuts will expire as a result of the new fiscal cliff legislation, hitting American taxpayers with a tax bill of about $39.5 billion each year for the next decade. Moodys chief economist Mark Zandi issued a projection that the tax burden will cut GDP...
  • Conservatives urge GOP leaders to be bold, prepare to go over cliff

    12/24/2012 11:52:16 PM PST · by Olog-hai · 29 replies
    The Hill ^ | 12/23/12 06:00 AM ET | Erik Wasson
    Conservative activists who helped doom Speaker John Boehners (R-Ohio) Plan B say Republicans must be prepared to go over the fiscal cliff to force President Obama to reach a deal that includes no tax hikes. I think Obama is very mindful of his legacy and is horrified of going over the cliff, said Andy Roth of the Club for Growth. Going over the cliff might be a signal that needs to be sent to the president, that he needs to play ball. I think it is certainly better to go over the fiscal cliff than to have the...
  • EU budget agreed after MEPs settle for 3.8-billion spending hike

    12/12/2012 11:50:50 PM PST · by Olog-hai
    EU Observer ^ | 12.12.12 @ 20:48 | Benjamin Fox
    The 2013 EU budget has been agreed after MEPs signed off on a deal worth 132.8 billion ($173.8 billion) in Strasbourg on Wednesday (12 December). The agreement breaks months of deadlock between MEPs, the commission and national governments. It increases EU spending next year by just 3.8 billion ($4.97 billion), over 5 billion ($6.5 billion) less than the sums demanded by MEPs and the EU executive. It also includes a controversial deal providing just 6.1 billion ($7.98 billion) of emergency funding to the European Commission to cover outstanding bills from 2012.
  • Pushing Conservatives Off the Fiscal Cliff

    11/28/2012 2:55:52 PM PST · by Kaslin · 5 replies
    Townhall.com ^ | November 28, 2012 | Brent Bozell
    The conventional wisdom has emerged that in order to avoid the so-called "fiscal cliff," politicians in Washington must agree to some method of tax increases ("revenue") -- which will be real, even if low taxes are not the cause of our ills -- alongside some kind of promise of spending restraint on entitlement programs, which is our problem, and which no one believes Washington will restrain. The American left and our "objective" journalists -- same thing, I know -- are not helping the nation balance its budget. As usual, these partisan hacks are obsessed with tearing the Republican coalition apart,...
  • The TEA PARTY SHOULD EMBRACE THE FISCAL CLIFF -- er, FISAL BABY STEP

    11/25/2012 11:04:56 AM PST · by Moseley · 26 replies
    The Tea Party Tribune ^ | November 25, 2012 | Jonathon Moseley
    America faces a Fiscal Cliff in January. Well, no, actually, it doesnt. In politics, alarmist language like elections can have real consequences. Political spin can be deceitful. Shakespeare asked Whats in a name? A rose is a rose is a rose. That which we call a rose by any other name would smell as sweet. This may be thought-provoking and controversial: Yet the Tea Party should embrace the Fiscal Baby Step coming on January 1, 2013. Republicans should do absolutely nothing and sit on their hands. One exception: When the next vote comes up to raise the debt...
  • Obama RX: Bleeding an Anemic Economy with Tax Increases

    11/16/2012 8:33:59 AM PST · by Kaslin · 13 replies
    Townhall.com ^ | November 16, 2012 | Donald Lambro
    WASHINGTON - If you thought the presidential election would lead to an early break in the fiscal gridlock that now divides our government, think again. President Obama's post-election press conference on Wednesday signaled he is digging in for a lengthy political battle to raise tax rates amid new evidence the economy is still very weak and will likely remain so for the foreseeable future if not throughout his second term. If anything, he's taking a tougher tone with Republicans in Congress as he prepares for negotiations with House Speaker John Boehner and other House and Senate leaders on Friday. Despite...
  • Beware the "Grand Bargain"

    10/27/2012 2:45:59 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | October 27, 2012 | John C. Goodman
    Barack Obama really does have a plan for the next four years. When he thought he was speaking off the record to the Des Moines Register the other day, he said he wanted to negotiate a "grand bargain" with the congressional Republicans. It would include spending reductions and tax increases to reduce forecasted federal deficits. About the same time that the president was giving his interview, more than 80 CEOs of some of the nations largest companies were making a similar announcement. To get the countrys fiscal house in order, they said, we need both spending reductions and tax increases.The...
  • White House warns of $1,600 tax hike on 114M middle-class families

    07/25/2012 7:00:28 AM PDT · by Qbert · 33 replies
    The Hill ^ | 07/24/12 | Jonathan Easley
    The White House has launched a new offensive in its fight with congressional Republicans over taxes, arguing 114 million middle-class families will see their taxes rise without action by Congress. A report from President Obama’s National Economic Council released Monday contends the families would see their taxes rise by an average of $1,600 if the George W. Bush-era tax cuts expire as scheduled at the end of the year. The report is the latest effort by President Obama to corner Republicans on taxes. The GOP has argued that all of the Bush-era rates should be extended for a year, and...
  • Tax Increases For Some Marylanders Go Into Effect This Week

    07/05/2012 7:00:43 PM PDT · by Tolerance Sucks Rocks · 39 replies
    Your4State.com ^ | July 3, 2012 | Dawn White
    FREDERICK, MD - Some people in Maryland will get a surprise when they look at their tax bill. In a special session the Maryland General Assembly approved increasing taxes for people who make more than $100,000 a year and couples who make more than $150,000 a year. Those changes take effect this week. "They will go up for most people anywhere from five to 15-percent, and what they'll also see is that they'll be retroactive. I think Maryland families are suffering under the current economy and really don't need to be sending more and more to the government," said Sen....
  • Obamacare taxes to hit almost all Americans

    07/03/2012 2:11:54 PM PDT · by usalady · 7 replies
    Exaiminer ^ | July 2, 2012 | Martha
    In spite of denials by Democrats and the Obama administration millions of Americans will begin feeling the impact of new Obamacare taxes on January 1, 2013.
  • Take Tax Increases Off The Table

    06/04/2012 9:21:11 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | June 4, 2012 | Brian Darling
    There’s a plan afoot to hike your taxes after the November election. Who woulda thunk it? According to Americans for Tax Reform, President Obama has already signed 21 tax hikes into law that hammer middle class and low income taxpayers. Included are a massive tax hike on tobacco, ObamaCare individual mandate surtaxes, ObamaCare employer mandate taxes, ObamaCare taxes on indoor tanning, and something called the “economic substance doctrine” that empowers the IRS to remove tax deductions from the code without the consent of Congress. Americans are already overtaxed. Now there is widespread fear that some Republicans may go wobbly on...
  • Md. special session hit as political theater

    05/14/2012 5:06:54 AM PDT · by Tolerance Sucks Rocks · 4 replies
    The Washington Times ^ | May 13, 2012 | David Hill
    After discussing and debating the states finances behind closed doors for the past month, the Maryland General Assembly will convene Monday to start debating a revenue package during a special session. Lawmakers will hold public hearings and consider amendments on a pair of bills meant to supplement the states budget largely by raising income taxes. But the details of the bills appear all but set in stone, having been finalized in recent weeks during closed-door negotiations among Democratic leaders who say the bills will likely pass with few or no changes. House and Senate leaders say they did most of...
  • Progress made on Maryland revenue package

    05/03/2012 5:13:51 PM PDT · by Tolerance Sucks Rocks · 7 replies
    The Washington Times ^ | May 2, 2012 | David Hill
    ANNAPOLIS The General Assembly likely will return May 14 for a two- or three-day special session on a revenue package including income-tax increases and a shift of state-paid teacher-pension costs onto counties, state officials said Wednesday. Democratic leaders say the extra revenues are needed to bolster the states $35.4 billion spending plan and undo more than $500 million in cuts that went into effect when last-minute bickering caused the assembly to adjourn April 9 without passing two key revenue bills. The House and Senate still have slightly differing proposals to raise taxes, but leaders said they are making progress...
  • Maryland special session goals conflict

    04/26/2012 7:20:51 PM PDT · by Tolerance Sucks Rocks · 2 replies
    The Washington Times ^ | April 25, 2012 | David Hill
    With the Maryland General Assembly looking toward two possible special sessions this year, some lawmakers are calling for an expanded agenda to address long-term transportation funding. Gov. Martin O'Malley and House leaders have made clear that they want to devote a May special session exclusively to passing new revenue and income-tax increases to supplement a $35.4-billion budget that currently includes more than $500 million in cuts because of the assemblys failure to pass a revenue package during the regular session. Mr. O'Malley, a Democrat, said Tuesday that is his only priority for a May special session. Other proposals would have...
  • OMalley pushes two sessions on Maryland revenue, gambling issues

    04/25/2012 8:57:47 PM PDT · by Tolerance Sucks Rocks · 2 replies
    The Washington Times ^ | April 24, 20112 | David Hill
    ANNAPOLIS Gov. Martin O'Malley emerged Tuesday from a much-anticipated meeting with the states two leading lawmakers and revealed that he is not only leaning toward calling a special session, but he might even call two of them. Mr. O'Malley, a Democrat, said he hopes to bring the General Assembly back into session by mid-May so legislators can pass a set of tax and revenue increases to erase $512 million in cuts that were put into place when the assembly adjourned April 9. The governor said he wants to focus strictly on finances and hold off on debating a gambling...
  • $494 billion tax increase to hit in 2013

    04/10/2012 8:02:44 PM PDT · by Free ThinkerNY · 26 replies
    The Daily Caller ^ | April 10, 2012 | Caroline May
    It will be up to Washington to save the country from what the Washington Post has dubbed Taxmageddon the looming tax increase set to hit Americans on Jan. 1. Curtis Dubay, a senior analyst in Tax Policy at the Heritage Foundation, has chronicled the taxes set to hit if Congress and the administration do not make adjustments. According to Dubay, Americans will see a $494 billion tax increase at the beginning of 2013. [The tax increase] is hitting because of expiring tax policies and the beginning of five taxes in Obamacare, Dubay told The Daily Caller. Dubays study of...
  • Maryland bills still to be settled: Budget, wind, casinos

    04/03/2012 9:35:28 PM PDT · by Tolerance Sucks Rocks · 2 replies
    The Washington Times ^ | April 2, 2012 | David Hill
    ANNAPOLIS With just a week left in the 2012 General Assembly session, lawmakers have hundreds of bills left to consider. But only a handful of proposals will get most of their attention. The House and Senate still must approve a joint version of the state budget, which they are required to do before adjourning Monday. Legislators also will consider bills that would implement offshore-wind energy and set up a referendum on whether to allow table games and a new casino in Prince Georges County. A conference committee of House and Senate representatives got to work Monday on hashing out...
  • Jerry Brown the chameleon Hes whatever it takes

    03/26/2012 12:39:12 PM PDT · by Mark Landsbaum · 2 replies · 3+ views
    Some years ago none other than our own governor, Jerry Brown, advocated a flat federal income tax. Imagine that. And it was, Brown said, to be a 13-percent tax. One tax rate for every income earner. And a relatively low rate, at that. That was then. Today Brown has changed, it would appear. Like a chameleon, . . .
  • Cut taxes to get more taxes?

    03/16/2012 12:39:28 PM PDT · by landsbaum · 13 replies · 3+ views
    The Orange County Register ^ | 3-16-2012 | Mark Landsbaum
    The last thing Democrats and other tax-and-spenders want to do is to cut taxes. Oh woe are they if tax cutters have their way. Where will they get money to spend if taxes are cut? Of course, this is short-sighted as well as greedy. Ask Art Laffer. . . Or, ask John Kennedy. Yeah, that John Kennedy. . .
  • Dueling ballot tax initiatives? Hey Jerry, Mollys not going away

    03/16/2012 10:13:23 AM PDT · by landsbaum · 3 replies
    Gov. Jerry Brown tried to improve his chances of raising your taxes by caving in to a teachers union and agreeing to merge his tax initiative with the unions. Too many tax-increase initiatives on the ballot, Brown rightly reasons, will make it unlikely voters will approve one. But theres still a second initiative authored by attorney Molly Munger to raise about as much in taxes as Browns, $9 billion to $10 billion. Mungers would increase everyones state income tax. Browns would increase income taxes on high earners and add a quarter cent to the sales tax...
  • Jerry Brown caves in to unions? Were shocked. Well, not really.

    03/15/2012 10:43:16 AM PDT · by landsbaum · 5 replies
    To increase his chances of increasing taxpayers burden, Jerry Brown has compromised with a teachers union and revised his tax initiative to take $9 billion a year out of the economy instead of the mere $7 billion he intended to take. Whereas there are some who cast this as a compromise, its more accurately identified as what it is: Gov. Jerry Brown kowtowing to the people he serves, the people who got him elected, public employee unions. In this case, public school teachers...
  • Marylands doomsday budget used as club

    03/07/2012 8:13:12 PM PST · by Tolerance Sucks Rocks · 7 replies
    The Washington Times ^ | March 6, 2012 | David Hill
    ANNAPOLIS State budget analysts Tuesday suggested nearly $800 million in potential cuts as part of a doomsday budget that Senate leaders have vowed to consider if lawmakers cannot agree on a mix of cuts and revenue increases in this years spending plan. The analysts briefed the Senate Budget and Taxation Committee on the reductions, which include cuts to education and health services, elimination of 500 state jobs and more than $300 million in cuts of local aid to counties. Senate President Thomas V. Mike Miller Jr. said lawmakers are determined to make more aggressive cuts than those in Gov....
  • EDITORIAL: Big spenders on the Chesapeake

    02/05/2012 3:09:20 PM PST · by Tolerance Sucks Rocks · 7 replies
    The Washington Times ^ | February 3, 2012 | The Washington Times
    Maryland Gov. Martin O'Malley may be more skilled at implementing President Obamas agenda than the White House itself. The Democratic governor is bringing the same big-spending, high-tax and class-warfare policies to the Free State. Its going to cost residents a bundle. Tough economic times have forced ordinary Americans to cut back in order to get by. Not so Mr. OMalley, who spends $35.9 billion in the budget released last month. Thats up from $34.2 billion last year and $32 billion the year before that. As Maryland Business for Responsive Government points out, the general fund budget fattened 11.4 percent last...
  • McDonnell: No gas tax during recession

    02/02/2012 1:59:27 AM PST · by Tolerance Sucks Rocks · 20 replies
    WTOP ^ | January 31, 2012 | WTOP
    WASHINGTON - A day after the governor of Maryland said he would like to institute a percentage tax on gasoline, the chief executive of Virginia said he would not seek any additional taxes during a recession, particularly on gas, despite a significant demand for more transit projects. Both states have looked to sales tax to resolve their transportation funding woes. On Monday, Maryland Gov. Martin O'Malley said he would like to do away with a ban on sales tax for gasoline, to add to its existing 23-cent flat tax. Virginia Gov. Bob McDonnell has a different approach. "I will not...
  • CBO: Taxes Will Shoot Up by More Than 30 Percent Over Next 2 Years

    01/31/2012 9:42:21 AM PST · by Sub-Driver · 15 replies
    CBO: Taxes Will Shoot Up by More Than 30 Percent Over Next 2 Years By Terence P. Jeffrey January 31, 2012 (CNSNews.com) - The amount of money the federal government takes out of the U.S. economy in taxes will increase by more than 30 percent between 2012 and 2014, according to the Budget and Economic Outlook published today by the CBO. At the same time, according to CBO, the economy will remain sluggish, partly because of higher taxes. In particular, between 2012 and 2014, revenues in CBOs baseline shoot up by more than 30 percent, said CBO, mostly because of...
  • Top earners would pay more under OMalley budget (yep)

    01/19/2012 10:19:18 PM PST · by Tolerance Sucks Rocks · 6 replies
    The Washington Times ^ | January 18, 2012 | David Hill
    Maryland Gov. Martin O'Malley proposed a state budget Wednesday that would increase tax payments for the top 20 percent of Maryland wage earners, prompting criticism that the move will further burden families in difficult economic times. Mr. O'Malley, a Democrat, laid out a $35.9-billion spending plan that would pay for increased spending on infrastructure by raising several taxes and shifting some state costs to counties. The budget calls for an increase in the states so-called flush tax, higher taxes on cigars and smokeless tobacco, and restrictions on income-tax deductions and exemptions that will cause the top 20 percent of earners...
  • OMalley springs sales-tax surprise on assembly

    01/12/2012 8:21:03 PM PST · by Tolerance Sucks Rocks · 16 replies
    The Washington Times ^ | January 11, 2012 | David Hill
    ANNAPOLIS Gov. Martin O'Malley surprised Maryland lawmakers Wednesday by suggesting an increase in the state sales tax, jump-starting the 2012 General Assembly on what was expected to be a largely ceremonial first day. Mr. O'Malley suggested increasing the tax from 6 percent to 7 percent as an alternative to a 15-cent increase in the gas tax that has been widely discussed by legislators but poorly received by many residents. Democratic leaders have said they are likely to raise taxes this session to help pay for roads, schools and other infrastructure projects. Lawmakers last raised the sales tax during the 2007...
  • Maryland Gov. OMalley urges $372M for school construction

    01/11/2012 10:03:17 PM PST · by Tolerance Sucks Rocks · 5 replies
    The Washington Times ^ | January 10, 2012 | David Hill
    Maryland Gov. Martin O'Malley proposed Tuesday that the state spend $372 million on new school construction next fiscal year, unveiling a key initiative in his push to increase capital spending during the 2012 General Assembly. The proposed funds would be the second-most allotted by the state and would be well above the state-recommended minimum of $250 million for annual school construction. Mr. O'Malley, a Democrat, will recommend the spending as part of his proposed budget, which he will introduce this month. The assembly is expected to amend and pass a budget during its 90-day regular session, which begins Wednesday. These...
  • Tell Obama: Start Attacking Problems; Not People! Is this ad airing in your market?

    11/21/2011 7:40:48 AM PST · by Vigilanteman · 9 replies
    Television ad airing in the Pittsburgh market ^ | 10 November 2011 | Dan Cirucci
    This ad popped up a couple of weeks ago on our local stations, particularly during the news and news programs, which covers most of my television viewing.It shows clips of former President Clinton explaining the wrong headed nature of tax increases during an economic downturn.They are interspersed with Obama clips touting tax increases and urging congress to "pass my bill."