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Keyword: tax

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  • TIME Op-Ed: Now’s the Time To End Tax Exemptions for Religious Institutions

    06/29/2015 7:01:03 AM PDT · by SeekAndFind · 51 replies
    TIME ^ | 06/28/2015 | Mark Oppenheimer
    The Supreme Court's ruling on gay marriage makes it clearer than ever that the government shouldn't be subsidizing religion and non-profits Two weeks ago, with a decision in Obergefell v. Hodges on the way, Sen. Mike Lee of Utah introduced the First Amendment Defense Act, which ensures that religious institutions won’t lose their tax exemptions if they don’t support same-sex marriage. Liberals tend to think Sen. Lee’s fears are unwarranted, and they can even point to Justice Anthony Kennedy’s opinion in Friday’s case, which promises “that religious organizations and persons [will be] given proper protection.” But I don’t think Sen....
  • New York Times Columnist: ‘Time To End Tax Exemptions for Religious Institutions’

    From Mark Oppenheimer in Time: Two weeks ago, with a decision in Obergefell v. Hodges on the way, Sen. Mike Lee (R-UT) 100% of Utah introduced the First Amendment Defense Act, which ensures that religious institutions won’t lose their tax exemptions if they don’t support same-sex marriage. Liberals tend to think Sen. Lee’s fears are unwarranted, and they can even point to Justice Anthony Kennedy’s opinion in Friday’s case, which promises “that religious organizations and persons [will be] given proper protection.” But I don’t think Sen. Lee is crazy. In the 1983 Bob Jones University case, the court ruled that...
  • Schools Fear Gay Marriage Ruling Could End Tax Exemptions

    06/25/2015 12:00:27 PM PDT · by C19fan · 31 replies
    NY Times ^ | June 24, 2015 | Laurie Goodstein and Adam Liptak
    Conservative religious schools all over the country forbid same-sex relationships, from dating to couples’ living in married-student housing, and they fear they will soon be forced to make a wrenching choice. If the Supreme Court this month finds a constitutional right to same-sex marriage, the schools say they will have to abandon their policies that prohibit gay relationships or eventually risk losing their tax-exempt status. The religious schools are concerned that if they continue to ban gay relationships, the Internal Revenue Service could take away their tax-exempt status as a violation of a “fundamental national public policy” under the reasoning...
  • A New Ruinous Era Of Tax-And-Spend In California Is Upon Us

    06/24/2015 6:50:35 AM PDT · by SeekAndFind · 15 replies
    IBD ^ | 06/24/2015
    "When I ran the second time, I didn't say that — and you didn't ask me. So we'll have to leave that as an open question." When taxes are "an open question," we think we know the answer. So the state with the highest income and sales taxes in the nation is now looking at new tax revenues to pay for roads. That probably means a gas tax hike, in a state that already pays America's highest prices at the pump and ranks as a "tax hell" in most ratings by business and taxpayer groups. But hey, things can always...
  • Senators Rally Conservative Support for $2 Trillion Carbon Fee Bill

    06/19/2015 8:46:02 AM PDT · by Sir Napsalot · 45 replies
    PJ Media ^ | 6-18-2015 | Nicholas Ballasy
    Whitehouse: "I extend an open hand, or an olive limb, to conservatives everywhere."Sens. Sheldon Whitehouse (D-R.I.) and Brian Schatz (D-Hawaii) have proposed a bill that would establish an economy-wide tax on carbon dioxide and other greenhouse gas emissions. “My bill sets the fee for a ton of carbon at $45 in 2016, the central range of the social cost of carbon as estimated by OMB, and would increase it each year at a real 2 percent. When emissions fall 80 percent below 2005 levels, the annual adjustment would fall to inflation,” Whitehouse said at the American Enterprise Institute when presenting...
  • House votes to repeal ObamaCare tax (280-140 - 46 RATS vote yes)

    06/18/2015 5:00:00 PM PDT · by Libloather · 15 replies
    The Hill ^ | 6/18/15 | Sarah Ferris
    The House voted Thursday to repeal an ObamaCare tax on medical devices that is intended to generate billions of dollars for the law. The final vote was 280-140, with 46 Democrats voting in favor. Supporters of the bill say the 2.3 percent tax, which affects about 7,000 manufacturers nationwide, is holding back innovation on important devices like X-ray machines and ventilators. “Only in Washington would you impose a tax on life-saving medical technology and think you will actually reduce healthcare costs," said Rep. Erik Paulsen (R-Minn.), the bill’s lead sponsor. The House first voted to repeal the tax passed in...
  • Influential Anti-Tax Group Okays Key Trade Measure

    06/16/2015 8:04:55 PM PDT · by MN_Mike · 2 replies
    Washington Free Beacon ^ | June 16, 2015 | Lachlan Markay
    Curtis Ellis is a long-time Democratic communications aide who runs ObamaTrade.com, a project of the American Jobs Alliance. The site promotes conservative opposition to the Trans-Pacific Partnership, but Ellis is a self-described progressive. A three-time Democratic congressional candidate funds the site. Ellis on Monday criticized Republican TPP supporters for violating Americans for Tax Reform’s no-tax pledge due to a provision that raises penalties for businesses that fail to file 1099 tax forms from $30 to $50.
  • Pa. House says no, 193-0, to Gov. Wolf's tax plan

    06/02/2015 4:19:17 PM PDT · by Timber Rattler · 14 replies
    TribLive.com ^ | June 1, 2015 | Brad Bumsted
    House Republicans called up Democratic Gov. Tom Wolf's tax-shifting plan on Monday, and the House shot it down by a unanimous vote. Minority Leader Frank Dermody, D-Oakmont, called the vote on an amendment that contained Wolf's tax plan “a political stunt.” “It does nothing to move this process forward,” Dermody said. “I would never ask (Democrats) to vote for a stunt.” Wolf denounced the vote as “gamesmanship” and said it was an effort to “‘see if we can embarrass the administration.'”
  • Oregon to test pay-per-mile idea as replacement for gas tax

    05/20/2015 11:34:05 AM PDT · by Timber Rattler · 27 replies
    AP ^ | May 20, 2015 | GOSIA WOZNIACKA
    Oregon is about to embark on a first-in-the-nation program that aims to charge car owners not for the fuel they use, but for the miles they drive. The program is meant to help the state raise more revenue to pay for road and bridge projects at a time when money generated from gasoline taxes are declining across the country, in part, because of greater fuel efficiency and the increasing popularity of fuel-efficient, hybrid and electric cars. Starting July 1, up to 5,000 volunteers in Oregon can sign up to drive with devices that collect data on how much they have...
  • Oregon to test pay-per-mile idea as replacement for gas tax

    05/20/2015 8:52:09 AM PDT · by Enlightened1 · 66 replies
    My Way ^ | 05/20/15
    Oregon is about to embark on a first-in-the-nation program that aims to charge car owners not for the fuel they use, but for the miles they drive. The program is meant to help the state raise more revenue to pay for road and bridge projects at a time when money generated from gasoline taxes are declining across the country, in part, because of greater fuel efficiency and the increasing popularity of fuel-efficient, hybrid and electric cars. Starting July 1, up to 5,000 volunteers in Oregon can sign up to drive with devices that collect data on how much they have...
  • Bernie Sanders Wants Huge ‘Robin Hood’ Stock Tax To Make College Free

    05/19/2015 9:31:47 AM PDT · by tcrlaf · 29 replies
    Daily Caller ^ | 5-19-2015 | Eric Owens
    Bernie Sanders, the Democratic presidential candidate and self-proclaimed socialist who wants the United States to morph into a vast Scandinavia, is holding a Tuesday press conference to explain how he will soak the rich to make tuition at public, four-year colleges and universities free. Sanders will propose legislation to fund his free-college scheme with massive new taxes on stock transactions, Bloomberg reports. The Vermont senator’s bill, if passed, would add a 50-cent tax for every “$100 of stock trades on stock sales, and lesser amounts on transactions involving bonds, derivatives, and other financial instruments,” according to a press release
  • Exchange board votes to scoop up millions from two higher fees ( Colorado health insurance )

    05/15/2015 12:10:18 PM PDT · by george76 · 20 replies
    Health News Colorado ^ | May 15, 2015 | Katie Kerwin McCrimmon
    Despite fury from lawmakers the day before, Colorado’s health exchange board voted on Thursday to collect millions of additional dollars from all Colorado health insurance customers, even those who have nothing to do with the exchange. On top of that “broad market assessment,” the board also voted to more than double the user fees levied on people who buy insurance through Colorado’s exchange. .. The higher broad market fee is projected to allow Connect for Health Colorado to scoop up about about $20 million in 2016. It has been set at $1.25 per member per month on all health insurance...
  • Top five quotes from the always-candid Judge John McBain in ruling on city stormwater fee lawsuit

    05/13/2015 9:21:39 AM PDT · by cripplecreek · 9 replies
    Mlive.com ^ | May 13, 2015 | Will Forgrave
    JACKSON, MI – Jackson County Circuit Court Judge John McBain has been known to unload a healthy dose of candor when entering judgments. Anyone from a convicted murderer to a local politician can get caught in the judge's verbal volley. In the case of the city's illegal stormwater tax hearing on Tuesday, May 12, it was the latter. City leaders are required to repay their illegally collected stormwater fees by June 26 or face a $1,000-per-day fine, McBain ruled with fiery contempt. After creating the fee in 2011, a Michigan Court of Appeals' decision ruled the fee unconstitutional two years...
  • New services tax could boost CA revenue by $122 billion

    05/10/2015 6:13:26 PM PDT · by artichokegrower · 74 replies
    CalWatchDog ^ | 09 May, 2015 | Dave Roberts
    Placing a tax on business services in California has the potential to raise an additional $122.6 billion annually for state and local governments, according to a recent Board of Equalization study. A services tax could become a reality if Senate Bill 8 is approved by the Legislature and signed by Gov. Jerry Brown.
  • Germany eyes modest tax cut next year

    05/09/2015 4:49:38 AM PDT · by Berlin_Freeper · 6 replies
    expatica.com ^ | 7th May 2015 | AFP
    ... In January, the German government said that in 2014 it had managed to balance its books for the first time since 1969, a year ahead of target.
  • Historic Defeat of Michigan Tax Increase Shell Game: One Small Victory for Mankind

    05/07/2015 11:31:47 AM PDT · by NOBO2012 · 1 replies
    Michelle Obama's Mirror ^ | 5-7-2015 | MOTUS
    If you’ve been holding your breath, waiting to see if Governor Rick Snyder (RINO-MI) was going to enter the RINO sweepstakes for President, the suspense may be over: Gov. Rick Snyder said he would wait until after this week's special road funding election to decide whether he'll run for president. The overwhelming defeat of the measure should send a straightforward message to the governor: Don't run, Rick. – Detroit News Not only does Snyder rank dead last in name recognition among Republicans in Iowa, butt the ballot initiative he championed to raise taxes in Michigan was not just defeated in...
  • America’s Politicized Tax Enforcement Is a Harbinger of Decline

    05/07/2015 4:14:04 AM PDT · by Servant of the Cross · 49 replies
    National Review ^ | 5/7/2015 | Victor Davis Hanson
    Why did Rome and Byzantium fall apart after centuries of success? What causes civilizations to collapse, from a dysfunctional fourth-century-B.C. Athens to contemporary bankrupt Greece? The answer is usually not enemies at the gates, but the pathologies inside them. What ruins societies is well known: too much consumption and not enough production, a debased currency, and endemic corruption. Americans currently deal with all those symptoms. But two more fundamental causes for decline are even more frightening: an unwillingness to pay taxes and the end of the rule of law. Al Sharpton is again prominently in the news, blaming various groups...
  • Clinton Charities Raked in Millions of Taxpayer Dollars (greedy parasites sucked-up $7.4M)

    05/01/2015 4:02:08 PM PDT · by Liz · 13 replies
    freebeacon.com ^ | 5/1/15 | Elizabeth Harrington
    Embattled Clinton Foundation and Clinton Health Access Initiative its major health-related offshoot received over $7 million from the US government in recent years, according to an analysis of public records conducted by the Washington Free Beacon. The Clinton Health Access Initiative (CHAI), chaired by Bill Clinton and run by the former president’s long-time associate Ira Magaziner, has received $6,010,898 from the Centers for Disease Control and Prevention (CDC) since 2010. CHAI, the biggest arm of the Clinton family’s charitable efforts, accounting for 60 percent of all spending, received $3,193,500 in fiscal years 2010, 2011, and 2012, according to federal contracts,...
  • CA DMV not available to Natural born or Naturalized citizens on Saturday but, if'n yer an immigrant

    05/01/2015 4:11:18 PM PDT · by Vendome · 25 replies
    Vanity | 5/01/2015 | Vendome
    So, get this. I was offered a job to sell cars by a friend, who owns the largest automobile dealership group in Northern California. Drug Test: Check...Completed Finger Print Test: Check...Need to finish CA DMV License to sell cars: Check... but, wait. "You are from America? You can't use DMV on Weekend. DMV, on weekend, is only availble to immigrants... Huh? I am a Natural Born American. A full blown Tax Slave every since I can remember and I cannot use DMV on weekend? No. Funny rules, due to influx of immigrants, DMV is only available to immigrants. All others...
  • Billionaire Hypocrisy: George Soros May Owe $7 Billion In Taxes

    04/30/2015 11:20:23 AM PDT · by SeekAndFind · 31 replies
    Zero Hedge ^ | 04/30/2015 | Tyler Durden
    “You support President Obama’s proposal to increase taxes on the wealthy?” That was the question put to George Soros on CNN some three years ago. Here was his answer: “Yes, very much… the super bubble really resulted in creating a great increase in inequality, and now we have the after effect where you have slow growth, but if you could have better distribution of income, then the average American would actually be better off.” There’s no question that “everyday Americans” (as a reminder, those are the people Hillary Clinton wants to help by running for president… well, those people...
  • A Mathematics and History Lesson for Conservative Candidates for President

    04/28/2015 9:54:19 AM PDT · by Sean_Anthony · 11 replies
    Canada Free Press ^ | 04/28/15 | Dale Summitt
    From liberal Democrats and the radical left, the mindset of tax, borrow and spend has been their legacy throughout American history It was 1963, and I was a 16 year old high school junior, sitting attentively in an American History class, when our history teacher informed us that the national debt was 311.6 billion dollars. Being good at math even then, it was not difficult, knowing the population stood at about 180 million in 1963, that the debt amount to approximately 1600.00 for every adult and minor child in America. My reaction, even at age 16, was one of concern...
  • A tax on non-metered downtown parking to fund bike and pedestrian improvements — yay or nay?

    04/27/2015 5:58:08 PM PDT · by TurboZamboni · 33 replies
    Pioneer Press ^ | 4-23-15 | City Hall Scoop
    The cities of Minneapolis and St. Paul are asking lawmakers to put a new tool in their toolbox, so to speak: a parking surcharge that could eventually fund downtown amenities like pedestrian walkways and bike paths. Proposed legislation would allow the Twin Cities to impose a tax on non-metered parking, including stalls in public and private ramps and surface lots, within a defined area of their respective downtowns.
  • Follow Sweden: Kill the Inheritance Tax Now

    04/17/2015 7:43:15 AM PDT · by SeekAndFind · 9 replies
    National Review ^ | 04/17/2015 | The Editors
    Class warriors on the left argue that the United States should be more like Sweden, and we agree: Senate Republicans should move forward with a plan to repeal the inheritance tax, which the House passed Thursday. Sweden had an inheritance tax for 110 years, and though the rate was sometimes quite high, the tax never became an important source of revenue. In the United States, the hated death tax produces only a fraction of a percentage point of federal revenue, though it imposes very heavy costs on a small number of families and businesses. In Sweden, the tax provoked various...
  • 27.49% of Everyone's Tax Bill Is Spent on Health Care

    04/16/2015 10:47:20 AM PDT · by free_life · 44 replies
    Weekly Standard ^ | April 16, 2015 | Jeryl Bier
    Every year since 2011, the White House has used tax time to post a "Federal Taxpayer Receipt" showing taxpayers how their federal tax dollars are being spent. President Obama introduced the concept in his 2011 State of the Union address, and Wednesday the White House posted the fifth installment so taxpayers can see how "tax dollars are being spent on priorities like education, veterans benefits, and health care." While users can punch in their own tax liability and see dollar amounts assigned to each category, the figures are based on percentages from the prior fiscal year budget. Comparing those percentages...
  • APRIL 15TH TAX DAY

    04/15/2015 6:55:24 AM PDT · by Einherjar · 5 replies
    YOU TUBE
    https://video.search.yahoo.com/video/play;_ylt=A2KLqIH3Wy5VaCEAkt77w8QF;_ylu=X3oDMTByZ2N0cmxpBHNlYwNzcgRzbGsDdmlkBHZ0aWQDBGdwb3MDMg--?p=beatles+taxman+song&vid=dfb4477b96a675e97ac888a0700f64fa&l=4%3A14&turl=http%3A%2F%2Fts1.mm.bing.net%2Fth%3Fid%3DWN.Li350nvHNx%252fYk%252filNWPk%252bw%26pid%3D15.1&rurl=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DMaz9ddxEQnM&tit=The+Beatles+-+Taxman&c=1&sigr=11brct2bg&sigt=10k6i9q05&sigi=1253q1eu0&age=1202293511&fr2=p%3As%2Cv%3Av&fr=yhs-invalid&tt=b
  • Obamacare’s $800 Billion Tax Hike Explained in One Chart

    04/14/2015 9:25:43 AM PDT · by QT3.14 · 8 replies
    The Daily Signal ^ | April 6, 2015 | Alex Rendon
    April 15 is right around the corner, and millions of Americans will find themselves paying more in taxes than ever thanks to Obamacare. The law is more than a fundamental change to the country’s health care system. It also is a massive tax hike. As The Heritage Foundation’s Federal Budget in Pictures shows, according to the most recent scores, Obamacare will increase taxes by nearly $800 billion for the period of 2013-2022.
  • Routt County commissioners decry Colorado Senate's 'raid' on severance tax fund

    04/08/2015 6:53:05 AM PDT · by george76 · 6 replies
    Steamboat Pilot & Today ^ | April 8, 2015 | Tom Ross
    Steamboat Springs — Routt County commissioners are among local government officials in Colorado who are railing against the latest plans of the state legislature to appropriate $20 million from the mineral severance tax fund to balance the 2015-16 budget. "Since I’ve been a commissioner, this is the fourth or fifth time they’ve raided the severance tax to take care of the state’s budget, and to the detriment of local governments,” Routt County Commission Chairman Doug Monger said. “If we don’t make noise about it, it will become a normal event. We have to get out there and say ‘This really...
  • Next Obamacare Battle: 'Cadillac Tax'

    04/06/2015 5:38:42 PM PDT · by Nachum · 22 replies
    newsmax ^ | 4/6/15 | Jason Devaney
    The Obamacare "Cadillac tax," which will tax businesses for employee health plans that are above a certain level by 40 percent, could be the next big fight in the push to either repeal or change the Affordable Care Act. This particular piece of the Obamacare law will not go into effect until 2018, but it is already causing headaches for businesses as they put together employee benefit plans. Politico has an in-depth story about the "Cadillac tax," which will apply to individual health plans worth more than $10,200 and family plans worth more than $27,500. The current system in place...
  • [Australia]set to introduce tax on bank deposits

    03/30/2015 9:40:27 AM PDT · by Lorianne · 26 replies
    ABC ^ | 28 March 2015
    The idea of a bank deposit tax was raised by Labor in 2013 and was criticised by Tony Abbott at the time. Assistant Treasurer Josh Frydenberg has indicated an announcement on the new tax could be made before the budget. The Government is heading for a fight with the banking industry, which has warned it will have to pass the cost back onto customers. Mr Frydenberg is a member of the Government's Expenditure Review Committee but has refused to provide any details
  • Stop MN Gas Tax Hike

    03/18/2015 6:06:18 AM PDT · by TurboZamboni · 7 replies
    galt.io ^ | 3-17-15 | MR RIGHT
    So Governor Mark Dayton of Minnesota wants another new tax--this time adding a 6.5% gas tax at the wholesale level, along with license fee increases and a new metro-wide sales tax for, you guessed it, mass transit. A lack of government revenue isn't what plagues our roads. About 25% of the current federal gas tax of 18.4 (not including diesel) cents per gallon is siphoned off for non-highway uses, primarily via the Mass Transit Account. As a result, the HTF must now rely on general fund bailouts to survive. Recent history here in Minnesota also proves a similar point. In...
  • Road builders want 15-cent gas tax hike

    03/12/2015 10:45:58 AM PDT · by C19fan · 26 replies
    The Hill ^ | March 12, 2015 | Keith Laing
    A group representing road builders said Thursday that the federal gas tax should be increased by 15 cents per gallon to help pay for infrastructure improvements. The American Road & Transportation Builders Association (ARTBA) said increasing the gas tax this year would raise $401 billion for new transportation spending. The gas tax hike could be offset with a “federal tax rebate for middle and lower income Americans for six years,” the group suggested.
  • Amazon Tax

    03/11/2015 6:58:12 PM PDT · by napscoordinator · 35 replies
    11 March 2015 | NapSCOORDINATOR
    Interenet Tax
  • California Legislature Considering Sales Tax Reduction For Clean Vehicles

    03/10/2015 7:04:55 AM PDT · by nascarnation · 6 replies
    The Truth About Cars ^ | 3/10/2015 | Cameron Aubernon
    Live in California and looking for more money in your wallet upon purchasing a green vehicle? The state’s legislature just might make that wish come true. The Los Angeles Times reports a bill sponsored by Assemblyman Phil Ting of San Francisco would reduce the sales tax on so-called clean vehicles from 7.5 percent to 3.06 percent. The reduction would be applied to EVs, PHEVs, FCVs and CNG-powered models. Should the legislation become law, over $92 million in tax revenue would disappear between 2016 and 2020, when the law rides off into the sunset; the figure is based on 60,000 PHEVs...
  • Pennsylvania’s new Dem Governor may tax his state out of the energy boom

    03/09/2015 6:43:18 PM PDT · by SeekAndFind · 26 replies
    Hotair ^ | 03/09/2015 | Jazz Shaw
    Unlike its foolish neighbors to the north in New York, Pennsylvania has been enjoying the fruits of the energy boom for several years now. Natural gas drilling in particular has been paying benefits to the government and the citizens, with thousands of new jobs and all of the secondary growth which is associated with higher employment levels. In November of last year, however, the citizens of the Keystone State decided to oust incumbent Republican Governor Tom Corbett and replace him with Democrat Tom Wolf. Would anyone care to hazard a guess as to what one of the new guy’s...
  • Oregon To Be First In Nation To Implement Per-Mile Road Tax Program

    03/09/2015 9:39:57 AM PDT · by nascarnation · 93 replies
    The Truth About Cars ^ | 3/9/2015 | Cameron Aubernon
    With EVs and other fuel-efficient vehicles saving consumers money at the pump, Oregon will be the first to issue a per-mile road tax to refill its coffers. Automotive News reports the state will offer two options to its motorists: pay at the pump, or pay a 1.5-cent rate per mile traversed. The latter will be conducted through a device that plugs into a vehicle’s OBD port, then gathers mileage data to determine how much the motorist will pay in tax. Right now, the program — set to begin July 1 — will be implemented by the Oregon DOT in partnership...
  • The Rubio – Lee tax overhaul plan is… better than nothing

    03/04/2015 9:13:36 AM PST · by SeekAndFind · 16 replies
    Hotair ^ | 03/04/2015 | Jazz Shaw
    I know that a lot of tax reform hawks were hoping for more of a complete overhaul, perhaps taking the form of an entirely new system which replaces the progressive tax code with a completely alternate structure. (Something along the lines of a flat tax, consumption tax, etc.) It doesn’t look like that will be happening any time soon, but Marco Rubio and Mike Lee are at least looking at some simplifications. GOP Sens. Marco Rubio of Florida and Mike Lee of Utah are rolling out an overhaul of the tax code on Wednesday that, among other things, consolidates...
  • Avoiding Payment of the Obamacare Tax With Your 2014 Form 1040

    03/03/2015 6:27:25 PM PST · by T Ruth · 16 replies
    3/3/2014 | Self
    [What follows is not legal, accounting, or tax advice, but merely the ruminations of a concerned citizen.] Until Obamacare is repealed, you should, as many have noted, adjust your withholding and estimated tax payments so that you owe a small amount of tax when you file your return, rather than overpay so that you are in a refund position. Assuming that you have done this, then you will have to make a payment when you file your income tax return. It may be that if you are not careful in how you pay your balance due, you may end up...
  • (Democrat Governor) Wolf wants Pennsylvania income, sales tax increase

    03/03/2015 1:07:25 AM PST · by prisoner6 · 26 replies
    Pittsburgh Post-Gazette ^ | March 3, 2015 | Karen Langley
    Gov. Tom Wolf is expected to call today for the Republican-controlled General Assembly to send him a budget that boosts state education funding and provides relief for school district property taxes while raising the rates of the sales and personal income taxes. His plan for doing so includes a proposal to raise the personal income tax rate in July 2015 from 3.07 percent to 3.7 percent, while increasing the eligibility for a poverty exemption, according to a briefing document prepared by the administration. He will propose increasing the state sales tax in July 2016 from 6 to 6.6 percent while...
  • Lawmakers may end tax break on jet fuel, to Delta’s dismay

    03/02/2015 5:26:46 AM PST · by thackney · 7 replies
    Fuel Fix ^ | March 1, 2015 | Associated Press
    Georgia lawmakers may eliminate a tax break for all airlines buying jet fuel at the world’s busiest airport. A bill filed in the House would cut the exemption at Atlanta’s Hartsfield Jackson Airport. Supportive lawmakers say it would help the state get federal money for aviation improvements throughout the state. They also argue the credit shouldn’t be kept in place forever....
  • White House looking to creep into 401(k)s

    03/01/2015 7:22:49 AM PST · by Enlightened1 · 39 replies
    NY Post ^ | 2/28/15 | Jonathon M. Trugman February 28, 2015 | 11:21pm
    Under the false pretense of calling for new and tougher so-called fiduciary standards for financial brokers, advisers and retirement plan representatives, the White House once again horned in on Wall Street’s compensation formulas. However, what the president surely knows is that a vast majority of retirement plans — IRAs and 401(k)s — are in simple fee-based products like mutual funds. The commission-based accounts are for those who prefer to direct their brokers in certain purchases inside some of their retirement products. The key to the White House’s interference is in its nuanced language. Currently, a broker may make a recommendation...
  • Jihadist snouts still in public trough ( Australia )

    02/28/2015 7:58:55 AM PST · by george76 · 6 replies
    News au ^ | February 23, 2015
    NOT a single welfare payment has been cancelled for terrorist recruits leaving Australia for the Middle East, or those merely deemed a national security threat, since new laws were enacted last October to crack down on the so-called welfare warriors. The Daily Telegraph revealed at the weekend that 96 per cent of the junior ­jihadis who snuck out of the country before last September had been on some form of welfare payment, prompting the introduction of new laws to stop it. ... Subsequent inquiries, however, have revealed that the new laws have yet to be used, despite some 40 more...
  • Texas Legislature Gets Down to Business

    02/27/2015 5:59:12 AM PST · by thackney · 3 replies
    Texas Alliance of Energy Producers via Rig Zone ^ | February 26, 2015 | Alex Mills
    Before the Texas Legislature got down to business a month ago, there was a strong feeling among insiders that the big issues would be water, transportation, and taxes. So far, the leadership has kept true to those projections. Already, Governor Abbott has called for a $2.2 billion reduction in property taxes and a $2 billion franchise tax decrease. Lt. Governor Dan Patrick and House Speaker Joe Straus also have stated their belief that a primary goal should be tax reduction, and funding for transportation. The House Energy and Natural Resources committees already have held a joint hearing on water and...
  • Obama administration sent 800,000 people the wrong Obamacare subsidy information--and 50,000 will...

    02/21/2015 12:37:19 AM PST · by Zakeet · 19 replies
    (UK) Daily Mail ^ | February 20, 2015 | David Martosko
    Complete Headline: Obama administration sent 800,000 people the wrong Obamacare subsidy information – and 50,000 will need to file their 2014 taxes a SECOND time The Obama administration said on Friday that the Internal Revenue Service sent incorrect tax information to about 800,000 Americans who enrolled in new medical insurance plans through Healthcare.gov. The Centers for Medicare and Medicaid Services, the Health and Human Services subagency that handles Obamacare, sent them forms that contained an error which would cause them to miscalculate the government subsidy for their insurance policies. That, the administration admitted, would change the amount of their tax...
  • Obama Admin. Announces Major Healthcare.Gov Tax Glitch

    02/20/2015 8:03:19 AM PST · by sheikdetailfeather · 25 replies
    The Blaze ^ | 2/20/15 | Fred Lucas
    Obamacare customers are being asked to wait to file their taxes this year because of yet another problem with the online system. The Obama administration acknowledge Friday that about 800,000 users of healthcare.gov were sent incorrect tax information, the Associated Press reported.
  • FREEP THIS PETITION: Say 'NO!' to the FCC Internet Takeover

    02/17/2015 7:50:20 AM PST · by Yosemitest · 23 replies
    On February 4, Federal Communications Commission Chairman Tom Wheeler proposed that the federal government reclassify the Internet from an ‘information service’ to a ‘telecommunications service’ in the name of keeping it 'fair' --a plan that came straight from Barack Obama's desk.Of course, this is nothing more than a pass for Big Government to expand its regulatory power at the expense of digital freedom. Like all innovation, the Internet wasn’t created by government… and government certainly has no power to control it. Nowhere in the Constitution is there a provision providing the federal government with power to regulate the free-flow...
  • FCC, FEC look to ruin the Internet

    02/16/2015 11:17:32 AM PST · by Enlightened1 · 14 replies
    The Washington Times ^ | 2/16/15 | Tammy Bruce
    The left lifts its boot toward the free flow of information We knew this was coming. Within the last couple of weeks, both the Federal Communications Commission and the Federal Election Commission declared their intention to regulate the Internet. Fascists always explain their actions as efforts to either make something more efficient, “fair,” or to supposedly “protect” their target. Sometimes they simply lie, like saying they’re nationalizing health insurance to make it more affordable and to increase access to health care. Now, with the feds’ latest effort, their new slogan might as well be, “If you like your Internet, you...
  • FEC latest front in Democrats’ multi-pronged assault on internet freedom

    02/11/2015 10:07:18 AM PST · by Jim Robinson · 17 replies
    hotair.com ^ | February 10, 2015 | by Noah Rothman
    The internet is under assault. At the Federal Communications Commission, regulators are hard at work crafting a plan that would turn the internet into a taxable utility. In Congress, lawmakers are determining whether and how best to tax the sales that occur on the internet. And over at the Federal Election Commission, the regulation of political speech that takes place on the internet is back on the table. In October, then FEC Vice Chairwoman Ann M. Ravel promised that she would renew a push to regulate online political speech following a deadlocked commission vote that would have subjected political videos...
  • Health Insurance Deadline Approaches, Penalties Will Double

    02/08/2015 8:13:18 AM PST · by george76 · 16 replies
    KOAA 5 ^ | Feb 07, 2015 | Maddie Garrett
    The penalty for not having health insurance this year is more than doubling. Coloradans have until February 15 ,2015, to shop for plans through the Connect for Health Colorado market place. Under the Affordable Care Act individuals are required to either have health insurance or pay a penalty at tax time. That penalty is either a flat rate or two percent of family income. This year, that rate is $325 per adult, $162 per child and up to $975 per family. Compared to last year the fine for an adult was only $95 and up to $285 per family.
  • Revocation of Islamic organizations tax exempt status

    02/07/2015 11:33:55 AM PST · by Steve Newton · 158 replies
    Self ^ | 2015 | Steve Newton
    Ok. This is the final version of an Act to remove the tax exempt status from all Islamic organizations. Let's FReep this petition.
  • Enjoy Low Gas Prices While You Can…Because New Taxes in These States Might Wipe Out Your Savings

    02/06/2015 9:25:58 AM PST · by ThethoughtsofGreg · 27 replies
    IJ Review ^ | 1-31-15 | Kevin Boyd
    American drivers have been enjoying low gas prices lately. According to AAA, the national average price of gas per gallon is $2.03 for regular, compared to $3.29 this time last year. Also happy with low gas prices are state governments, but mainly for different reasons: politicians in certain states see low gas prices as an opportunity to raise the gas tax. Here’s a map of the states currently considering an increase in gas tax: