Keyword: tax
-
Seattle City Council president Tim Burgess is proposing a new tax on guns. The proposal would tax gun sales $25 per gun and add a five cent-tax on each round of ammunition. Five cents per round adds up to a roughly $2.50 increase for a box off handgun ammunition. The legislation would also impose a $500 fine on gun owners who do not report guns lost or stolen.
-
Even as Mayor Rahm Emanuel warns about a property tax hike of up to $250 million for the cash-strapped Chicago Public Schools, another big wave of increases likely is coming to rescue the pensions of police officers and firefighters. A massive payment due to those retirement plans next year could drive up Chicago property taxes by more than 30 percent, according to a Crain's analysis. And if the current logjam in Springfield continues, it could be a lot worse. Taxes on a $250,000 home would jump $224, assuming the city continues its current practice of using property taxes to fund...
-
Oregon launches program to tax drivers per mile Never autoplay videos David Hastings is a rare American. This long-time hybrid car owner from Oregon wants to pay higher taxes for roads and bridges and says the current 30 cents per gallon state gas tax barely affects him. "I've been free-loading on the highways for 20 years driving electric cars or hybrid cars, getting at least 40 miles to the gallon. So I haven't been paying my share," Hastings said. Now, Hastings will pay more thanks to OReGO -- the first pay-by-the-mile program in the U.S. Oregon’s Department of Transportation has...
-
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....
-
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...
-
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...
-
"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...
-
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...
-
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...
-
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.
-
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 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 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, 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
-
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...
-
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...
-
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.
-
... 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.
-
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...
-
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...
|
|
|