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Keyword: tax

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  • 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.