Free Republic 1st Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $28,711
32%  
Woo hoo!! And the first 32% is in!! Thank you all very much!!

Keyword: tax

Brevity: Headers | « Text »
  • Obamacare to make filing income taxes a nightmare for many low-income taxpayers this year

    01/20/2015 7:29:29 AM PST · by servo1969 · 40 replies
    americanthinker.com ^ | 1-20-2015 | Thomas Lifson
    There are gong to be many millions of newly befuddled, fearful, and angry taxpayers this April, hit with the consequences of Obamacare’s social engineering when they try to file their taxes in April. Many will suffer unexpected financial penalties and costs, especially those accustomed to filing under the simplified tax forms applying to straight salaried people with standard deductions. H&R Block is warning that “[n]o one can understand” the New Obamacare tax code requirements for filing this year. In fact, millions of people accustomed to filing the postcard-sized 1040EZ form will now have to file extremely complicated and detailed forms,...
  • Obama Wants The Death Tax Increased to 60 Percent, More Taxes on College Savings

    01/19/2015 12:21:35 PM PST · by Nachum · 71 replies
    townhall.com ^ | 1/19/15 | Katie Pavlich
    As the old saying goes, there are two things that are certain in life, death and taxes. Tomorrow night during his 2015 State of the Union speech, President Obama will announce that people paying taxes their entire lives just isn't good enough. The President wants the current 40 percent death tax rate increased to 60 percent. Americans for Tax Reform breaks down the details: 2. Stealth increase in the death tax rate from 40% to nearly 60%. Under current law, when you inherit an asset your basis in the asset is the higher of the fair market value at the...
  • Obamacare penalty may come as shock at tax time

    01/18/2015 7:12:51 PM PST · by george76 · 57 replies
    Washington Times ^ | January 18, 2015 | Tom Howell Jr.
    Those Americans who didn’t get health insurance last year could be in for a rude awakening when the IRS asks them to fork over their Obamacare penalty — and it could be a lot more than the $95 many of them may be expecting. The Affordable Care Act requires those who didn’t have insurance last year and didn’t qualify for one of the exemptions to pay a tax penalty, which was widely cited as $95 the first year. But the $95 is actually a minimum, and middle- and upper-income families will actually end up paying 1 percent of their household...
  • Senator Cruz on tax reform: Abolish the IRS

    01/18/2015 5:23:37 PM PST · by JOHN W K · 50 replies
    1/18/2015 | johnwk
     SEE: Cruz: Abolish the IRS January 13th , 2015 ”Republican Sen. Ted Cruz said Monday that Republicans should take advantage of their control of Congress to abolish the Internal Revenue Service. “We need to pass fundamental tax reform making our tax code simpler, flatter, fairer,” he said Monday at Heritage Action’s 2015 conservative policy summit. ”And I’ll tell you, the single most important tax reform, we should abolish the IRS.” What is discouraging is, the above article goes on to say that Senator Ted Cruz ”… acknowledged it’s not really possible to abolish the IRS or adopt a flat tax...
  • Conservatives Just Don’t Get It on Taxes

    01/16/2015 3:09:33 PM PST · by Ray76 · 17 replies
    Future of Freedom Foundation ^ | Jan 8, 2015 | Laurence M. Vance
    Now that the Republicans have regained the control of the Senate that they lost in the 2006 midterm election, conservatives are salivating about the prospect of “real” or “genuine” tax reform. Revenue-neutral tax reform is based on the suppositions that there is such a thing as a fair, just, or correct amount of taxation and that government revenue should not be decreased. The opposite, of course, is the case. Revenue-neutral tax reform masks the real problem — government spending. It shifts the debate from the amount of wealth the federal government confiscates from American taxpayers to the manner in which...
  • Bait & Switch: "Economic Development" in the States

    01/16/2015 3:02:40 PM PST · by Ray76
    Mises Daily ^ | Jan 15, 2015 | Jeff Scribner
    North Carolina recently offered Boeing $683 million in tax incentives to open a plant in North Carolina to build Boeing’s new 777X jetliner. The NC bid failed, as did those from some other states, when Boeing decided to build the 777X in its home state of Washington where there is no state, personal, or corporate income tax.
  • Sen. John Thune to push Chamber of Commerce’s tax reform

    01/16/2015 12:06:51 PM PST · by JOHN W K · 14 replies
    1/16/15 | johnwk
    SEE: GOP targets budget process for tax reform 1/13/15 ”The quiet push, led by South Dakota Sen. John Thune, seeks to use the potent tool known as budget reconciliation to give both the GOP and President Barack Obama the sweeping victory on tax policy that business groups want, which could include a significant cut in corporate tax rates as well as provide funding for a long-term transportation bill.” This is what happens when Republican voters elect Washington Establishment candidates to office. They use their power to manipulate a corruptible system of taxation to meet the Chamber of Commerce’s demands rather...
  • Congress Should Pump the Brakes on Gas Tax Hike

    01/16/2015 8:40:50 AM PST · by Kaslin · 6 replies
    Townhall.com ^ | January 16, 2015 | Eric Peterson
    While few Americans were fortunate enough to see a holiday bonus this year, there is one gift that American motorists have been enjoying of late; lower gas prices. Currently sitting at more than a dollar below the average price last year, U.S. drivers are projected to save somewhere between $380 and $750 dollars during 2015 if the prices hold. While wages have remained stubbornly flat for most workers, gas prices have provided a rare glimmer of hope for American workers, who have been struggling with an anemic job market, labor participation rates not seen since the 1970s, and median family...
  • Paul Ryan: Read my lips, no new gas taxes

    01/16/2015 7:05:00 AM PST · by SeekAndFind · 20 replies
    Hotair ^ | 01/16/2015 | Noah Rothman
    House Ways and Means Committee Chairman Rep. Paul Ryan (R-WI) promised reporters this week that his committee would not pass any new taxes – oh, sorry, “user fees” – on gasoline. Speaking to reporters at the GOP retreat in Hershey, Pennsylvania on Thursday, Ryan flatly asserted that his committee “won’t pass a gas tax.” He even had the gall to call it a “tax,” which is perhaps the best indication of his sincerity. The former Republican vice presidential nominee recently ruled out a 2016 White House bid and will instead pursue broad tax code reform as the chairman of...
  • Republicans weren't elected to raise the gas tax

    01/16/2015 4:36:57 AM PST · by HomerBohn · 15 replies
    Washington Examiner ^ | 1/12/2015 | Staff
    Politicians and pundits have spent a great deal of time trying to find the precise meaning of the results of the 2014 election. No one disputes that it was a great day for Republicans, but there are still many valid and varying interpretations. But whether the election was a true mandate for the GOP or simply a repudiation of President Obama, voters most certainly did not hand Republicans the U.S. Senate and elect them to a historic House majority so that they could raise federal gasoline taxes. This should really go without saying, but some Republicans are already discussing this...
  • Senate DFLers put transportation funding plan on table

    01/13/2015 5:14:03 AM PST · by TurboZamboni · 6 replies
    Pioneer Press | 1-12-15 | David Montgomery
    The Democratic-Farmer-Labor Party will present a unified front this year in favor of a transportation funding package, including about $1 billion of increased taxes and fees. Legislative DFL leaders unveiled a proposal Monday that dovetails closely with Gov. Mark Dayton's plan, along with that of advocacy group Move MN: almost $600 million per year in new gasoline taxes, plus $125 million in vehicle registration fees and hundreds of millions of dollars more for metro-area mass transit. The plan forestalls the possibility of a three-way fight among Dayton, the DFL majority in the Senate and House Republicans -- who oppose any...
  • Gas tax narrative builds as lobbyists lick their chops

    01/12/2015 4:18:37 PM PST · by ash-housewares · 43 replies
    NBC ^ | 1/12/2015 | Javier E. David
    Gas prices are plunging across the country, a product of surging U.S. energy production that has put the country in the same company as Saudi Arabia and Russia. However, in a strange twist of fate, that same dynamic is bringing to the fore a topic once thought to be anathema, especially in a Republican-dominated Congress: higher gas taxes. The drop in fuel prices has occurred for a record 102 consecutive days, according to the AAA, putting more than $14 billion of disposable income in consumers' pockets. However, the federal gas tax has been lodged at 18.4 cents for more than...
  • Democrats unveil “new” strategy to tax the wealthy

    01/12/2015 7:55:33 AM PST · by SeekAndFind · 27 replies
    Hotair ^ | 01/12/2015 | Jazz Shaw
    If you thought the Democrats – recently chased into the minority – were going to sit by quietly while the GOP put all the proposals on the table, think again. Their agenda to fix America (at least in terms understood by your dog and your veterinarian) will still be on the table. The rallying cry of income inequality isn’t going anywhere, and Chris Van Hollen (D-Maryland) is ready to lay out the next plan in what the Washington Post laughably calls a “stark shift in messaging” for 2015.Okay, boys… let’s see what you’ve got. Senior Democrats, dissatisfied with the...
  • Washington’s gas tax guzzlers "maybe motorists won’t notice that we’re gouging them"

    01/12/2015 6:12:00 AM PST · by bestintxas · 35 replies
    wash times ^ | 1/11/15 | s moore
    Suddenly everyone in Washington wants a gas tax hike — apparently so that consumers don’t save too much money at the pump. As prices keep falling, the politicians and the moochers in Washington want a piece of the action. Rep. Nancy Pelosi of California, Sen. Richard Durbin of Illinois and even Republicans such as Sen. Bob Corker of Tennessee have linked arms with the entire road-building industry and green groups that want the cost of fuel to go up.Mrs. Pelosi won’t even hide her cynical motivation: With gas prices low, maybe motorists won’t notice that we’re gouging them: “If there’s...
  • Dayton Slams "La-La Land" GOP Transportation Plan

    01/10/2015 6:31:32 AM PST · by Extremely Extreme Extremist · 10 replies
    KSTP.COM ^ | 09 JANUARY 2015 | KSTP.COM
    Governor Dayton wants to build billions of dollars worth of roads and bridges during the next 10 years, but he's not doing much bridge-building with House Republicans. At a news conference, he slammed their $750 million transportation plan that doesn't call for any new taxes. "The panel of experts I convened said there's a $6 billion shortfall over the next 10 years and their response yesterday was $200 million from the general fund and $550 million from la-la land," Dayton told reporters at a news conference Friday morning. Dayton also accused Republicans of not even wanting to solve the problem.
  • Charles Krauthhammer: The Case for a Revenue-Neutral Gas Tax (. . . and a Social Security-tax cut)

    01/09/2015 8:10:11 AM PST · by SeekAndFind · 46 replies
    National Review ^ | 01/09/2015 | Charles Krauthhammer
    For 32 years I’ve been advocating a major tax on petroleum. I’ve got as much chance this time around as did Don Quixote with windmills. But I shall tilt my lance once more. The only time you can even think of proposing a gas-tax increase is when oil prices are at rock bottom. When I last suggested the idea six years ago, oil was selling at $40 a barrel. It eventually rose back to $110. It’s now around $48. Correspondingly, the price at the pump has fallen in the last three months by more than a dollar to about $2.20...
  • Momentum builds in Congress for raising the federal gas tax - "in thoughtful way"

    01/09/2015 4:13:04 AM PST · by Cincinatus' Wife · 38 replies
    The Hill ^ | January 9, 2015 | Laura Barron-Lopez and Keith Laing
    Record-low gas prices across the U.S. have given rise to fresh talk in Washington of raising the federal gas tax for the first time in over 20 years, with leading Republicans now saying a hike must not be ruled out. The GOP has long resisted calls from business leaders and others to boost the 18.4 cent-per-gallon tax as a way pay for upgrades to the nationÂ’s crumbling roads and bridges. Yet in recent days, senior Senate Republicans have said they want to keep options open and that "nothing is off the table" when weighing the best mechanisms to pay to...
  • What Happens When Progressives Tax (and Spend)

    01/08/2015 3:42:06 PM PST · by Sean_Anthony · 2 replies
    Canada Free Press ^ | 01/08/15 | Dr. Robert Owens
    To solve the problem of greedy people making more than others, envious people created a system to take what the greedy had earned. As Rush Limbaugh so rightly pointed out, “No nation has ever taxed itself into prosperity.” So many people have accepted the argument that progressive taxation is just, necessary, and fair, so I know this article will offend many. Hopefully it will also make a few people reconsider their acceptance of policy. Many who are vehemently opposed to socialism, collectivism, and all the other trappings of the centralized corporate state believe that any injustice that might result from...
  • Medtronic Seals Deal with Covidien

    01/07/2015 4:00:24 PM PST · by TurboZamboni · 5 replies
    Pioneer Press ^ | 1-7-15 | David Fondler and Tom Webb
    Storied Minnesota medical-device company Medtronic will move its headquarters to Ireland after shareholders approved a merger Tuesday with Dublin-based health care supplier Covidien. The controversial $43 billion "inversion" deal will allow the new company, to be called Medtronic PLC, to reduce its corporate tax liability as it repatriates cash stored overseas. But the deal has irked longtime Twin Cities shareholders, who will face significant capital gains taxes on their Medtronic holdings. In preliminary vote totals, shareholders representing about 75 percent of Medtronic's outstanding shares approved the deal, general counsel Brad Lerman announced to a special shareholder meeting in Minneapolis. And...
  • Wisconsin Is Latest State To Consider Fees On Electric, Hybrid Vehicles

    01/05/2015 3:33:46 PM PST · by Theoria · 10 replies
    Here and Now ^ | 05 Jan 2015 | Susan Bence
    Chris and Ellie Eichman’s electric car gleams — even on this overcast day — in the backyard of the modest home they share with their nine-month old daughter. They did tons of research before deciding to purchase a Nissan Leaf in 2012. It was the first sold in Wisconsin. And it’s just one of the Eichman’s “sustainable” investments: 12 solar panels span the garage roof; their second car is a Prius. If Wisconsin’s governor and legislature give the transportation budget a thumbs up, the Eichmans would pay an annual transportation fee — $50 for the Prius, another $50 for the...
  • John Thune Puts Gas Tax Hike on the Table for GOP Senate(yep,GOP that is really important right now)

    01/05/2015 5:35:44 AM PST · by bestintxas · 28 replies
    breitbart ^ | 1/4/15 | d riehl
    The incoming chairman of the Senate Commerce, Science and Transportation Committee, Sen. John Thune (R-SD) put all options on the table when it comes to replenishing the shrinking Highway Trust Fund, which is widely seen as opening the door to a tax increase. Per an AP report, “Gas and diesel taxes haven’t risen since 1993, resulting in perennial shortfalls in the fund that pays for most road projects”. Several commissions have called for raising the taxes, but Congress has been reluctant. Instead lawmakers have dipped repeatedly into the general treasury to keep the trust fund solvent. The federal gas tax...
  • NC gas tax increase among the highest in the nation

    01/02/2015 6:12:26 AM PST · by thackney · 56 replies
    wsoctv.com ^ | Jan. 2, 2015 | Eric Philips
    Despite tumbling gas prices, North Carolina's tax on gasoline went up starting Thursday. State leaders still said there won't be enough money in the coffers to cover the transportation projects statewide. Fabian Escoto fills up his tank about once a week and word that the gas tax is increasing didn’t rattle him too much. “As long as it's not too much, I don't think it's going to affect a whole lot of people,” Escoto said. North Carolina's tax on a gallon of gas increased by a penny to 37.5 cents – the highest gas tax in the South and one...
  • The cheap oil dividend (BARF)

    01/01/2015 8:10:51 PM PST · by Tolerance Sucks Rocks · 17 replies
    The Baltimore Sun ^ | December 31, 2014 | Baltimore Sun
    hether one observed Christmas or Hanukkah — or any other seasonal festivity — there was a nice little gift included for the drivers of this nation. Gasoline prices, in case anyone hasn't noticed, are down, way down. The average price of a gallon of unleaded in Maryland by Christmas week was in the neighborhood of $2.53, according to AAA, and there were some stations in the Baltimore area selling it for as little as $2.22. lRelated The cheap oil dividend One year ago, average gasoline prices were about $1 per gallon higher, which means a typical fill-up is saving drivers...
  • Hidden Gas Tax Starts Today

    01/01/2015 12:41:59 PM PST · by cakid1 · 16 replies
    CBS47 News ^ | 01/01/15 | CAKID1
    California's Hidden Gas Tax Starts today. Here is a complete overview of the Cap and Trade program in California - and where the money is REALLY going.
  • The Carbon Tax Has Something for Everyone It would help the economy and reduce pollution.

    12/31/2014 8:47:41 AM PST · by bestintxas · 32 replies
    nas review ^ | 12/29/14 | Irwin Stelzer
    ‘There is a tide in the affairs of men which, taken at the flood, leads on to fortune; Omitted, all the voyage of their life is bound in shallows and in miseries.” The Bard was right, and it is not too much of an exaggeration to say that we have reached just such a point. We have a unique opportunity to end the rancorous debate about climate change, a debate that is poisoning the air — the political air, that is — and inhibiting progress on two fronts: progress on addressing the possibility that we are on the road to...
  • Mark Dayton wants to limit tax increases to transportation funding

    12/31/2014 7:06:21 AM PST · by TurboZamboni · 6 replies
    Pioneer Press ^ | 12-31-14 | David Montgomery
    Minnesota's highway needs can't be met without more tax revenue, Gov. Mark Dayton said Tuesday -- setting him up for a possible clash with the new Republican majority in the House. Dayton is finalizing his 2016-17 budget proposal, which aims to raise what he says is the $6 billion Minnesota's roads need over the next 10 years. The plan calls for a 6.5 percent wholesale surtax on gasoline -- separate from the existing 28.5 cents-per-gallon tax already levied. That means the tax would bring in more money when gas prices increase. "Our transportation systems are getting worse," Dayton said. "Anybody...
  • Fuel prices going up as greenhouse regulations hit gas, diesel fuels *(Kalifornia)

    12/30/2014 12:52:20 PM PST · by Signalman · 25 replies
    WUWT ^ | 12/30/2014 | Anthony Watts/Josh Richman
    By Josh Richman San Jose Mercury News 12/29/14 07:18 PM After months of seeing gas prices sink ever lower, Californians will ring in 2015 by paying more at the pump as a result of the state’s landmark greenhouse-gas emissions law. But how much more we’ll pay, and whether it’s worth it, remains bitterly debated among oil companies, some state lawmakers and environmentalists. Starting Thursday, gasoline and diesel producers will be subject to the state’s cap-and-trade system, forcing them either to supply lower-carbon fuels — which are more expensive to produce — or to buy pollution permits for the greenhouse gases...
  • Gas tax will add 10 cents per gallon starting Thursday (snip) - Pennsylvania

    12/30/2014 8:55:48 AM PST · by P.O.E. · 40 replies
    Penn Live ^ | 12/29/15 | Jan Murphy
    Driving in Pennsylvania will get more expensive in 2015 so enjoy the lower gas prices at the pump while we have them. As of Thursday, the state's uncapping of another third of its oil company franchise tax will cause it to rise by 10 cents a gallon and that likely will impact what you pay at the pump. But with gas prices averaging $2.48 a gallon on Sunday according to GasBuddy's daily survey of 241 gas outlets in Harrisburg, even if that full increase is passed along to consumers it would still keep the per-gallon price well below the $3...
  • Ten Reasons Why Per-Mile Tolling Is a Better Highway User Fee than Fuel Taxes

    12/29/2014 3:44:05 PM PST · by TurboZamboni · 93 replies
    Reason ^ | 2-13-2014 | Robert Poole
    This policy brief focuses on the challenge of developing a viable, user-friendly, per-mile charging system to replace fuel taxes for the nation's major highways. In doing so, it outlines 10 reasons why per-mile tolling is a better highway user fee than fuel taxes. Reason 1: Per-mile tolling is a direct, rather than indirect, user fee. Motorists would pay for the amount of service they received; they would pay providers directly for providing that service; and they would know exactly how much they were paying and what they were getting for it. Reason 2: Per-mile tolling is a sustainable long-term funding...
  • Minnesota May Start Taxing Drivers

    12/29/2014 2:31:13 PM PST · by TurboZamboni · 47 replies
    SeeBS ^ | 12-25-14 | SeeBS
    MINNEAPOLIS (WCCO) — Gas prices are finally falling, but those savings might not last long.At least 18 states, including Minnesota, are considering taxing drivers based on distance. Gas prices aren’t the only reason for the idea, since newer cars get better gas mileage. Oregon has a pilot project that will start next year to test the idea. They’re having 5,000 volunteers pay 1.5 cents per mile instead of the 30-cents-per-gallon tax.An electronic device attached to their vehicle will report how far they drive in state.
  • Affordable Care Act’s Tax Effects Now Loom for Filers

    12/26/2014 8:39:15 AM PST · by Theoria · 35 replies
    The New York Times ^ | 25 Dec 2014 | Tara Siegel Bernard
    If you decided to skip health insurance this year, consider this: Unless you can prove you have a valid excuse, you will be liable for a penalty during the coming tax season — and the time to start making your case is now. That’s not all. People who bought subsidized insurance through one of the marketplaces may have new tax forms to complete, while paying the penalty itself may demand some serious number-crunching. The Internal Revenue Service is gearing up to answer questions, but it warns that only half of the callers may get through — and those who succeed...
  • "US Voters Are Stupid", That's How Obamacare Was Passed

    12/17/2014 4:26:34 PM PST · by Enza Ferreri · 12 replies
    Enza Ferreri Blog ^ | 17 December 2014 | Enza Ferreri
    Jonathan Gruber is the Massachusetts Institute of Technology (MIT) health economist who was one of the architects of the Affordable Care Act (better known as Obamacare) in America, modelled on the UK's NHS. Not once, but twice he has been caught on tape saying that the "stupidity of the American voter" made a certain amount of duplicity necessary to the passage of Obamacare. The first time was during the panel sessions at the 2013 Annual Health Economics Conference, the video of which you can see by clicking on the "Enza Ferreri Blog" link above. (The relevant remarks are at 20:25.)...
  • Ahh, just what I had thought. ObamaCare is just a tax sham...

    12/16/2014 2:11:03 PM PST · by nesnah · 16 replies
    Finally. James O'Keefe interviews the gentleman that exposed Gruber and happens upon the true reason for ObamaCare. I've been thinking this for over a year. ObamaCare is nothing more than turning back the the provision of healthcare coverage paid for by employers that was brought about by FDR's wage & price controls implemented in the 1940s. http://en.wikipedia.org/wiki/Stabilization_Act_of_1942 There you have it. It's just about the money coming out of your pocket.
  • Alaska faces $3.5B deficit amid lower oil prices

    12/11/2014 6:07:51 AM PST · by thackney · 20 replies
    Slumping oil prices have helped push Alaska’s potential budget deficit this year to $3.5 billion — an increase of $2.1 billion from what lawmakers expected in April. The price of oil, forecast at $105 a barrel in the state’s spring revenue forecast, is now expected to average about $76 a barrel for the fiscal year that ends June 30. The price is forecast to dip even lower, to $66 a barrel, during fiscal 2016 before rebounding. The average price last fiscal year was $107 a barrel, according to the fall revenue forecast released Wednesday. The forecast expects unrestricted general fund...
  • The ObamaCare Tax Hidden in Plain Sight

    12/09/2014 5:02:04 AM PST · by SeekAndFind · 11 replies
    IBD ^ | 12/09/2014 | JOHN MERLINE
    ObamaCare's individual mandate penalties were supposed to encourage people to buy insurance. But it turns out that the penalties amount to a regressive tax that hits lower-income families the hardest. That's the conclusion of the Minnesota-based Citizen's Council for Health Freedom (CCHF), which found that low-income couples who don't buy an ObamaCare plan will end up paying a far greater share of their income in penalties than those making twice as much. In 2016, the penalty will be either $325 per adult plus $162.50 per child, or 2% of any income above the tax-filing threshold, whichever is greater. So a...
  • GOP Leaders: Gas Tax Hike Could Fuel Fixes To Bad Roads And Bridges

    12/08/2014 5:13:11 PM PST · by Theoria · 64 replies
    NPR ^ | 08 Dec 2014 | David Schaper
    Gasoline prices are at their lowest level in four years. The price at the pump in many states is almost a full dollar cheaper than it was last spring. So some politicians think this is a good time to raise gasoline taxes. Several states are tired of waiting for Congress to fix the federal highway trust fund, so they're considering raising gas taxes themselves to address their crumbling roads. Michigan Gov. Rick Snyder is trying to sell that state's legislators — especially those in his own Republican party — on raising the state's motor fuel tax to fund long neglected...
  • A national soda tax is needed to reduce obesity and save lives

    12/08/2014 4:00:43 PM PST · by PROCON · 103 replies
    Now that calorie counts on restaurant menus are a done deal, it's time to take the next step toward slimming America's flabby waistline.. A national soda tax. I know, I know: This is the kind of nanny-state talk that causes seizures among conservatives and libertarians. It's an intrusion on personal freedom, a trampling of consumer choice, blah-blah-blah. It's also, as we've learned from taxes on cigarettes and alcohol, a highly effective method of influencing behavior that carries high social costs.
  • Fuel is cheaper—so let's hike gas tax: Former governor

    12/08/2014 7:34:24 AM PST · by BenLurkin · 40 replies
    cnbc ^ | Katie Kramer
    Gas prices, on average, are about 50 cents less a gallon than a year ago, giving a de facto tax cut and providing relief to millions of consumers as the holiday season kicks into high gear. However, a growing number of politicians have suggested that, given cheaper fuel costs, conditions might be ripe to hike federal taxes on gas in order to help fund infrastructure projects. Rendell is one of those voices. He supports raising the federal gas tax—
  • Tracking Miles As Gas Tax Alternative Raises Fairness, Privacy Concerns Los Angeles

    12/06/2014 5:31:30 PM PST · by Steelfish · 59 replies
    LATimes ^ | December 06, 2013 | DAN WEIKEL
    Tracking Miles As Gas Tax Alternative Raises Fairness, Privacy Concerns Los Angeles California officials are testing the idea of a mileage fee to replace the state tax of 36 cents per gallon of gas. By DAN WEIKEL Among those who would be hardest hit by a mileage fee are owners of hybrids and electric cars Standing at a Chevron station in Long Beach, Teresa Gutierrez wished she was pumping fuel into a gas-sipping hybrid instead of her hulking GMC Yukon. She was nevertheless cool to the idea that the state might start raising money for highway repairs by replacing the...
  • From Killing the Rich to Taxing The Rich

    12/06/2014 5:28:53 PM PST · by Enza Ferreri · 1 replies
    Enza Ferreri Blog ^ | 7 December 2014 | Enza Ferreri
    [T]he suppression of the minority of exploiters, by the majority of the wage slaves of yesterday, is a matter comparatively so easy, simple, and natural that it will cost far less bloodshed… and will cost mankind far less. Lenin wrote this in The State and Revolution . In the end, 66 million people were killed in the USSR between 1917 and 1959: tortured, shot, starved, frozen or worked to death. This figure was calculated by Professor of Statistics I. A. Kurganov and quoted by Alexander Solzhenitsyn in The Gulag Archipelago . Others say that the figure is 45 million,...
  • Federal Legislation to Ban Local Cigarette Taxes (VANITY)

    12/05/2014 6:26:38 AM PST · by TigerClaws · 18 replies
    The Eric Garner Law. Ban cities from all of these absurd local taxes and creating the incentives that led to the arrest of a guy for selling loosies. Republicans can get behind it because it shows the overreach of tax laws and Democrats won't dare oppose it. All of these major cities are Democrat-run liberal bastions. What say you?
  • New York Cigarette Taxes Killed Eric Garner

    12/04/2014 12:21:02 PM PST · by servo1969 · 20 replies
    rushlimbaugh.com ^ | 12-4-2014 | Rush Limbaugh
    RUSH: It just keeps happening. We go from the Michael Brown case to the Eric Garner case in New York, and once again it becomes necessary to sort through all of the disinformation that's out there and try to make sense of it. At the end of the process here, once again, we have a grand jury decision, which, in many sectors of the culture and society, is unacceptable and is thought to have been rigged and is thought to have been unfair. So the president of the United States has said that we are not gonna let up, he...
  • The gas tax has been fixed at 18 cents for two decades. Now would be a great time to raise it

    12/04/2014 6:59:46 AM PST · by C19fan · 45 replies
    Washington Post ^ | December 3, 2014 | Chris Mooney
    Nationally averaged gas prices ticked down a little lower today -- yet again -- to $2.75 per gallon. They're now more than 50 cents lower than they were a year ago. So no wonder, at a time like this, the murmur is growing: Maybe Congress ought to think about raising the national gasoline tax. It was last raised, in the year 1993, to 18.4 cents per gallon. That's over 20 years ago, and gas prices at the time were close to the now unimaginable $1.00 per gallon mark. Yet the amount of the gas tax was fixed and not tied...
  • Rand: "No Excuse" For Someone To Die Over A Cigarette Tax

    12/04/2014 6:02:20 AM PST · by Biggirl · 51 replies
    Breitbart.com ^ | December 4, 2014 | Breitbart TV, Ian Hanchett
    Senator Rand Paul (R-KY) reacted to a grand jury's decision to not indict a New York City Police Officer in the death of Eric Garner by saying he was "horrified" by the video and blasting politicians for passing "bad laws" that "put our police in a difficult situation" in an interview broadcast on Wednesday's "Hardball" on MSNBC.
  • California's Cap & Trade .. And the so-called "Hidden Gas Tax"

    11/24/2014 8:36:41 PM PST · by cakid1 · 16 replies
    CBS47 ^ | 11-24-14 | cakid1
    Starting on January 1st some claim California drivers will start paying a new "Hidden Gas Tax." How much will you pay? We have a two part Special Report on Eyewitness News coming up tomorrow - Tuesday November 25th at Six and Eleven. When the story airs I'll send a link to Free Republic.
  • Obama Nominee, Antonio "Tax Inversion" Weiss Discloses Up To $203 Million In Assets

    11/20/2014 10:40:25 PM PST · by Nachum · 5 replies
    zero hedge ^ | 11/20/14 | Tyler Durden
    It appears Lazard's investment banker Antonio Weiss' "help" in tax inversions is not 'unpatriotic' enough to scare President Obama off - as we suspect Weiss' bundling and donating help more than offset any ethical challenges. However, in a somewhat eye-opening financial disclosure, Bloomberg reports that Obama's nominee for undersecretary of Treasury for domestic finance, has between $54 million and $203 million in assets spread across various family trusts and his anticipated compensation in 2014 is between $5 million and $25 million. It's good to know the 'people' are well-represented once again in Washington...
  • Maryland County To Churches: Preach Environmentalism And Get A Tax Break

    11/19/2014 11:01:47 AM PST · by C19fan · 36 replies
    Daily Caller ^ | November 19, 2014 | Derek Hunter
    Maryland Gov. Martin O’Malley made national news last year when he fought to pass and signed a tax bill that levied a tax on Marylanders, businesses and churches for the amount of “impervious surface” they have on their property. Roofs, driveways, sidewalks, and parking lots qualify for the “rainwater remediation fee” to “protect the Chesapeake Bay.” Though the O’Malley administration calls it a “fee,” it is commonly called the “rain tax” throughout the state. It is wildly unpopular and the promise to fight to repeal the tax was a large factor in Maryland electing Republican Larry Hogan governor this month....
  • Another rude Obamacare surprise awaits [Your TAX, uh, FINE, uh, TAX!]

    11/18/2014 10:56:30 AM PST · by Red Badger · 28 replies
    Yahoo Finance ^ | November 17, 2014 1:20 PM | By Rick Newman
    Taxes are bad enough when you know they’re coming—and much worse when they arrive unexpectedly. As the Affordable Care Act enters its second year of operability, a key and controversial element of the plan will begin to affect several million Americans for the first time. People who didn’t have health insurance during 2014 may soon have to pay a penalty fee that starts at $95 and goes up based on how much you earn. Some Americans know about the penalty, and they’ve budgeted for it or at least accepted its inevitability. But several million others could be in for a...
  • FCC official warns Obama-backed net neutrality plan would bring 'immediate' Internet tax

    11/17/2014 2:16:02 PM PST · by Oldeconomybuyer · 16 replies
    FOX News ^ | November 17, 2014
    Internet users would be forced to pay a new federal tax on their monthly bills if the government approves regulations recently endorsed by President Obama, a member of the Federal Communications Commission predicts. Commissioner Mike O'Reilly addressed what's known as "net neutrality" at a Washington seminar on Friday. That law requires telecommunications companies to pay into the FCC’s “Universal Service Fund” -- and would likely require the same of Internet companies. But O'Reilly says history clearly shows that the fees would quickly be “passed off” to customers, just like they are now on monthly phone bills. “Consumers of these services...
  • Food for Thought: Sugar tax could bite into your sweet tooth

    11/17/2014 9:50:50 AM PST · by John David Powell · 18 replies
    CW39 ^ | 11/10/14
    HOUSTON, Texas – If you guzzle a lot of soft drinks, you know, carbonated colas, well, you could be paying a little more for all that sugar. And when you do, you can thank the gentle woman from Connecticut, Rosa Delauro. Rep. Delauro (D-CT) is responsible for the “Sugar Sweetened Beverages Tax Act” or just the “Sweet Act” if you prefer the lite version. She wants congress to put an extra tax on drinks that contain sugar or any other sweetener with calories. It would be just a penny per teaspoon, but that could end up adding about 15 cents...