Keyword: taxes

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  • Portland looks to cash in on high CEO pay

    12/05/2016 5:13:25 AM PST · by kevcol · 31 replies
    The Washington Examiner ^ | December 5, 2016 | Joseph Lawler
    The city council in Portland, Ore., is set to consider a measure that would tax a company more if the CEO's pay is deemed too high compared to employees' salaries. It is a measure that may be too far-out right now even for famously liberal Portland, but it represents a way to use new CEO pay disclosure rules that advocates hope, and opponents fear, could be taken up by other cities or states. . . . Detractors are quick to point out potential flaws, especially that the policy would incentivize companies to leave Portland. "It's really easy to cross the...
  • Donald Trump Targets Second Plant Over Plans to Shift to Mexico

    12/03/2016 9:13:43 AM PST · by rhett october · 24 replies
    Resistance Feed ^ | 12-3-2016 | Rhett October
    This past Friday, Donald Trump focused on a second U.S. manufacturing plant that plans to move jobs from Indiana to Mexico due to the NAFTA trade imbalance and the highest-in-the-world corporate taxes of the United States at 35%. Paying the highest business taxes in the world makes it exceptionally difficult to do business in the United States compared to many other parts of the world such as Ireland where the corporate/business tax rate is 11%. Business has thrived in Ireland since the corporate tax rate was lowered to that percentage, resulting in large numbers of new jobs as businesses grew,...
  • Obama sneaks $4 billion for illegals in lame duck budget

    12/03/2016 4:42:33 AM PST · by kevcol · 27 replies
    The Washington Examiner ^ | December 2, 2016 | Paul Bedard
    Specifically, $1 billion would provide "cash and medical expenses and social services" for illegals and refugees. Another $2.82 billion would fund the care of youths flooding across the border in historic numbers. "HHS is experiencing the highest number of unaccompanied children in care and the largest footprint of funded capacity in the program's history, and flows of unaccompanied children have continued to grow over the last months," said the administration's documents. That increase, which has shocked many immigration critics on Capitol Hill, is far more than the $1.4 billion increase the administration sought for veterans health care in the Fiscal...
  • (Gov Rahm) Emanuel Announces Immigrant Legal Fund

    12/02/2016 1:32:49 PM PST · by PBRCat · 56 replies
    The Chicago Tribune ^ | December 2, 2016 | John Byrne
    Mayor Rahm Emanuel on Friday kept up his postelection push to position himself as a protector of immigrants against President-elect Donald Trump, announcing the creation of a $1 million "legal protection fund" to help those fighting possible deportation. The fund was created in partnership with the National Immigrant Justice Center to "provide immediate legal information, screenings, consultations and representation to individuals who may be at risk for deportation," according to a news release from Emanuel's office. The money will come from the $20 million the city set aside for Emanuel's property tax rebate program, according to city spokeswoman Jennifer Martinez.
  • Vice President-elect Mike Pence Says Trump Administration Plans Ambitious Agenda

    12/02/2016 12:05:29 PM PST · by rhett october · 5 replies
    The Wall Street Journal ^ | Dec. 1, 2016 | PETER NICHOLAS
    CINCINNATI—Vice President-elect Mike Pence said Thursday that the incoming Trump administration is planning a burst of activity that would take aim at the gridlock in Washington, pressing forward with its goals to overhaul the tax code, health care and immigration laws.
  • New EPA rules push regulatory costs past $1 trillion, $3,080 per person

    12/01/2016 6:20:53 PM PST · by george76 · 17 replies
    Washington Examiner ^ | 12/1/16 | Paul Bedard
    The new implementation of EPA rules on heavy trucks has boosted the 10-year regulatory burden on America past $1 trillion, 75 percent of which have been imposed by the Obama administration. That amounts to a one-time charge of $3,080 per person, or an annual cost of $540 ... each year every person, regardless of age, in the nation is responsible for paying roughly $540 in regulatory costs. These burdens might take the form of higher prices, fewer jobs, or reduced wages," said AAF's Sam Batkins ... The staggering amount is likely to surge even higher as President Obama scrambles to...
  • We Don’t Need No Stinkin’ Taxes

    12/01/2016 3:53:29 PM PST · by Sean_Anthony · 14 replies
    Canada Free Press ^ | 12/01/16 | Jeffrey A. Friedberg
    "Tax returns?” We ain't got no tax returns. We don't need no tax returns. We don't have to show you any stinking tax returns! “The top Senate Democrats on several committees will launch a push Thursday to require President-elect Trump’s Cabinet nominees to provide their tax returns to committees before their confirmation hearings. “Sens. Debbie Stabenow of Michigan, Patty Murray of Washington and Ron Wyden of Oregon will hold a press conference at noon to press for a Senate rules change requiring all Cabinet nominees to submit three years of their tax returns to the panel charged with reviewing their...
  • Another tax Chicago bars and restaurants now have to pay

    11/28/2016 11:17:54 AM PST · by george76 · 18 replies
    Crain's Chicago Business ^ | November 26, 2016 | John Pletz
    Last year, the Emanuel administration slipped through a tax on streaming video and cloud computing. Now, again without public hearings, City Hall is targeting bars and restaurants with a surcharge on satellite TV feeds. Earlier this month, the city served notice that its 9 percent amusement tax applies to businesses that subscribe to satellite TV services. The impact likely will be felt most by public spaces that buy premium subscriptions for NFL and college games that can easily run $5,000 to $10,000 a year, meaning their annual taxes would come to at least $450. "This is obviously a huge concern...
  • Larson’s tunnels: Big plan, even bigger challenge

    11/27/2016 8:28:10 PM PST · by Tolerance Sucks Rocks · 51 replies
    The Connecticut Mirror ^ | November 15, 2016 | Tom Condon
    Not everyone is thrilled with U.S. Rep. John Larson’s proposal to build massive highway tunnels under Hartford, but Daniel Burnham might be, were he still with us. It was Burnham, the great Chicago architect and planner, who said, “Make no little plans. They have no magic to stir men’s blood and probably will not themselves be realized.”Larson’s is anything but a little plan; it is breathtaking in scope. It has stirred the blood of some public officials and business leaders. But the concept is so vast, complex and potentially expensive – it would be longer than Boston’s “Big Dig” tunnels...
  • For some in middle class, Trump plan would mean tax increase (barf)

    11/25/2016 9:12:57 PM PST · by Freedom'sWorthIt · 17 replies
    WRALTV via AP ^ | 11/25/16 | Christopher Rugaber
    WASHINGTON — President-elect Donald Trump's proposals would modestly cut income taxes for most middle-class Americans. But for nearly 8 million families — including a majority of single-parent households — the opposite would occur: They'd pay more. Most married couples with three or more children would also pay higher taxes, an analysis by the nonpartisan Tax Policy Center found. And while middle-class families as a whole would receive tax cuts of about 2 percent, they'd be dwarfed by the windfalls averaging 13.5 percent for America's richest 1 percent.
  • How Trump Might Try to Fix Bridges and Highways: QuickTake Q&A

    11/24/2016 7:44:35 AM PST · by Tolerance Sucks Rocks · 9 replies
    Bloomberg ^ | November 14, 2016 | Laurence Arnold and Sho Chandra
    Link only - Bloomberg
  • Activists plan repeat of Mag Mile Black Friday protests

    11/24/2016 7:01:11 AM PST · by KeyLargo · 20 replies
    CRAINS ^ | November 22, 2016 | Brigid Sweeney
    Activists plan repeat of Mag Mile Black Friday protests Brigid Sweeney For the second year in a row, protesters are planning to block shoppers from entering stores along North Michigan Avenue on the day after Thanksgiving, the busiest shopping day of the year. The effort, planned by a diffuse network that includes Black Lives Matter, the Chicago Alliance Against Racist and Political Repression and area churches, seeks to draw attention to a wide range of issues, including police shootings, racism and economic inequalities that keep Chicago's South and West sides mired in poverty and violence. The organizers say they hope...
  • Obama is never going away

    11/21/2016 5:34:09 PM PST · by Sean_Anthony · 54 replies
    Canada Free Press ^ | 11/21/16 | Matthew Vadum
    Nothing is certain but death, taxes, and Obama whining President Obama has no intention of fading away as Republican presidents typically do when they leave office. Richard Nixon, Gerald Ford, Ronald Reagan, George H.W. Bush, and George W. Bush completed their presidencies and were then more or less silent on their successors’ performance in office. However, Democrat former presidents Jimmy Carter and Bill Clinton are constitutionally incapable of shutting up and Americans have long suffered their bloviations.
  • Who’s Going to Pay for Trump’s Huge Infrastructure Plans?

    11/20/2016 10:02:22 PM PST · by Tolerance Sucks Rocks · 71 replies
    The Fiscal Times ^ | November 14, 2016 | Mark Joffe
    A rare point of agreement between President-Elect Trump and Congressional Democrats is that America has an infrastructure deficit: The nation’s transportation, power, water and sewerage facilities are too often outdated and unable to reliably serve a growing population. But while the diagnosis crosses party lines, solutions are more controversial. Democrats may not be too worried about the recent increase in federal deficits, but Republicans who have made an issue of the national debt will be reluctant to produce more red ink. Likewise, tax increases to pay for new federal construction spending are off the table under Trump and a Republican-controlled...
  • UK Researchers: Tax Food to Reduce Climate Change (Get Ready To Be Hungry)

    11/19/2016 2:48:40 PM PST · by blam · 72 replies
    WUWT ^ | 11-19-2016 | Eric Worrall
    Eric WorrallNovember 19, 2016 A group of researchers in Oxford University, England have suggested that imposing a massive tax on carbon intensive foods – specifically protein rich foods like meat and dairy – could help combat climate change. “ Pricing food according to its climate impacts could save half a million lives and one billion tonnes of greenhouse gas emissions Taxing greenhouse gas emissions from food production could save more emissions than are currently generated by global aviation, and lead to half a million fewer deaths from chronic diseases, according to a new study published in Nature Climate Change. The...
  • Illinois’ wealth flight explained in 4 graphics

    11/18/2016 9:32:13 PM PST · by george76 · 28 replies
    Illinois Policy ^ | November 15, 2016 | Michael Lucci
    IRS data show the average income of taxpayers leaving Illinois surpassed the average income of taxpayers entering the state by $20,000 in 2014, a record loss for Illinois in the wake of the 2011 income-tax hike. Politicians enacted Illinois’ 2011 income-tax hike during a late-night legislative session in January 2011 and raised the state’s personal income-tax rate to 5 percent from 3 percent. This 67 percent income-tax hike lasted for four years, during which time Illinois experienced record wealth flight. IRS data reveal what happens when politicians choose short-term tax revenue gains over long-term stability. The short-term increase in tax...
  • Debunking Media Myths About The Economy & How To Debate Your Liberal Friends

    11/18/2016 12:52:48 PM PST · by 198ml · 5 replies
    Conservative Review ^ | 11/17/16 | Dan Bongino
    In this episode, I debunk liberal, media-driven myths about the Reagan and GW Bush tax cuts. I also address the potential effects of a Federal Reserve interest rate hike on the economy.
  • Liberal Math: Millions More Equals a 'Billion Dollar Cut'

    11/18/2016 8:46:12 AM PST · by MichCapCon · 4 replies
    Michigan Capitol Confidential ^ | 11/15/2016 | Tom Gantert
    The far left nonprofit Progress Michigan is on the road with a “MI Big Rig Tour” of seven Michigan cities. Progress Michigan states, “The tour is an effort to educate voters about how Michigan Republicans have rigged the economy in favor of their corporate donors and against working families, seniors and students.” During its Grand Rapids stop, the group posted this on Twitter: “GOP cut higher ed by $1B to cut taxes on corporations. Funding has never been fully restored.” ForTheRecord says: Progress Michigan’s claim to “educate voters” on education funding gets an "F." According to the Michigan Senate Fiscal...
  • Grassroots Tax Group Helps Defeat Big Metro Transit Tax

    11/17/2016 9:20:34 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 11/11/2016 | Derek Draplin
    Southeast Michigan voters shot down a $4.6 billion, 20-year mass transit plan for the Metro Detroit region, largely thanks to grass roots opposition to the proposal. The ballot measure, which would have imposed a 1.2-mill property tax increase on property owners in Oakland, Macomb, Wayne and Washtenaw counties, was defeated by 912,033 to 893,798 according to MLive. (The only precinct without 100 percent of votes reported is in Wayne County with 99.9 percent reported.) No Massive Transit Tax, a group opposed to the Regional Transit Authority’s plan, spent $53,751, according to campaign finance reports. Citizens for Connecting Our Communities, which...
  • Wayne Co. Schools’ $80 Million Annual Tax Hike Won’t Cover Pensions

    11/15/2016 11:55:28 AM PST · by MichCapCon · 11 replies
    Michigan Capitol Confidential ^ | 11/12/2016 | Tom Gantert
    The Wayne County Regional Educational Service Agency is seeking voter approval of a property tax increase for school operations. As part of its pitch for the question that will be on the Nov. 8 ballot, the government office distributed a campaign flier that stated: “A recent study has confirmed that districts across Wayne County have been drastically underfunded by the state in recent years.” The proposed 2 mill tax increase would, if approved, extract $80 million from county property owners in the first year alone. It would be levied for six years, beginning this year. ForTheRecord says: Michigan Capitol Confidential...
  • Trump team working on ‘biggest tax changes since Reagan,’ says economic adviser

    11/15/2016 8:18:22 AM PST · by GonzoII · 14 replies
    Washington Times ^ | Nov. 15, 2016 | S.A. Miller
    An economic adviser of President-elect Donald Trump said Tuesday that the transition team was working on plans for a tax code overhaul that would be “the biggest tax changes since Reagan.” Steven Mnuchin, a former Goldman Sachs banker who is considered a leading candidate for Treasury secretary in the Trump administration, told reporters at Trump Tower in New York that the team was hard at work on an economic plan. “We’re working on the economic plan with the transition, making sure we get the biggest tax bill passed, the biggest tax changes since Reagan, so a lot of exciting things...
  • Tax Hike Vote in Kent County Expensive, Unnecessary

    11/15/2016 6:30:23 AM PST · by MichCapCon · 4 replies
    Michigan Capitol Confidential ^ | 11/8/2016 | Michael LaFaive
    A Nov. 8 Kent County ballot proposal would impose an annual $9.2 million property tax to subsidize the Grand Rapids Public Museum and the John Ball Zoo. Voters may not realize that the proposal also distributes new tax revenue to other government entities, too. Kent County’s “animals and artifacts” have already been subsidized by taxpayers and officials want more, even though the museum already has an endowment fund worth nearly $40 million. While the ballot question is being sold as a way to support these cultural institutions, some of the tax hike will go to “local authorities for authorized purposes.”...
  • Think Twice about Going West, Young Man

    11/13/2016 4:43:45 AM PST · by Kaslin · 9 replies
    American Thinker ^ | November 13, 2016 | Doug Thorburn
    I’m an Enrolled Agent tax pro based in California with clients all over the country. Recently, the son of a client who had moved to a more free state than ours asked whether I thought he should move back here to start a business. I suggested not. Why? While California suffers from the highest income tax rate in the country and mountains of regulations that cause everything from housing costs to the price of power to be among the highest, the most destructive regulation of all is arguably an up-and-coming one. It mandates annual increases to the minimum prices of...
  • Are Texans paying twice for toll roads?

    11/10/2016 8:07:35 PM PST · by Tolerance Sucks Rocks · 13 replies
    Click 2 Houston ^ | November 7-9, 2016 | Joel Eisenbaum
    HARRIS COUNTY, Texas - The Harris County Toll Road Authority collected about $760 million in tolls the last fiscal year, yet it is improbable that any Harris County toll road will ever be “paid off,” Channel 2 Investigates has learned.   “Not with system financing, which allows us to borrow money at a favorable rate to build new projects,” said Patti Evans, the authority’s assistant director of communications.In other words, tolls collected today are not only used to pay down system-wide debt, but to construct more toll roads in the future.    “I think it is important to say —...
  • Kelly Ayotte concedes New Hampshire Senate race to Hassan

    11/09/2016 2:23:54 PM PST · by Emergencyawesome · 99 replies
    WCVB ^ | Nov 09, 2016 | None listed
    MANCHESTER, N.H. —New Hampshire Sen. Kelly Ayotte conceded the Senate race to Gov. Maggie Hassan Wednesday evening. he concession announcement comes after Democratic Gov. Maggie Hassan declared victory in the closely-watched U.S. Senate battle against the Republican incumbent. "I just spoke with Gov. Hassan to congratulate her on her election to serve in the U.S. Senate," Ayotte said in a statement. "I wish Gov. Hassan, her husband, Tom, and their children, Ben and Meg, the very best." Hassan is pledging to work with President-elect Donald Trump "when it's in the best interest of New Hampshire and the country," and she...
  • Tax Hike Sponsors Paint False Picture With ‘Factual Information'

    11/07/2016 8:45:19 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 11/5/2016 | Tom Gantert
    Earlier this year, some Michigan newspaper columnists, editorialists and politicians complained about a new law prohibiting local governments and school districts from publishing material referencing tax increase proposals they place on the ballot 60 days before an election. The law was passed in response to an extensive record of taxpayer-funded electioneering in favor of votes to raise taxes. Yet cities, school boards and their allies argued the new law was a disservice to voters, who could not receive “factual” information sent to them by the same government entity that placed a particular tax hike measure on the ballot. In the...
  • Morton Marcus: Business-government partnerships hide faults

    11/06/2016 7:44:26 AM PST · by Tolerance Sucks Rocks · 1 replies
    The Terre Haute Tribune Star ^ | October 29, 2016 | Morton Marcus
    It was disappointing, but not surprising, to learn from the Indianapolis Business Journal (Oct. 10-16) that both John Gregg and Eric Holcomb endorse public-private partnerships (P3s). These candidates for governor are experienced in the ways of our Indiana government. Mr. Gregg has served at the highest level of the legislature while Mr. Holcomb is our Lt. Governor. P3s are agreements between governments (national, state, or local) with private companies to assume control, but not ownership, of public assets. Hoosiers know them in the form of the new bridge over the Ohio River, connecting the east end of Louisville with Clark...
  • GOP Weekly Address Future President Donald Trump "Let's Close the Book on the Clintons"

    11/05/2016 11:34:43 AM PDT · by Sybeck1 · 59 replies
    https://youtu.be/kwJZukmWpM0
  • Trump Will Ignite an American Economic Boom

    11/04/2016 11:46:42 AM PDT · by 2ndDivisionVet · 10 replies
    Real Clear Policy ^ | November 4, 2016 | Stephen Moore
    After the election of Ronald Reagan in 1981, the U.S. Economy experienced one of its greatest booms in history. The growth rate averaged nearly 4 percent for seven years 1982–89. And the stock market rose from less than 1,000 on the Dow to more than 10,000 over the next two decades. This was a period of wealth and job creation that the nation and middle class had seldom seen before. All the liberal critics wrongly said it could not and would not happen. Now the question is: Could it happen again in this era of massive government debt, meager growth,...
  • IL Tollway announces $951M infrastructure program for 2017

    11/04/2016 6:43:53 AM PDT · by Tolerance Sucks Rocks · 12 replies
    Construction DIVE ^ | October 31, 2016 | Kim Slowey
    Dive Brief: The Illinois Tollway announced Thursday that it had set a preliminary budget for 2017 that includes $951 million for Move Illinois projects, as well as $336 million for a maintenance and operation program, according to Equipment World.Major Move Illinois capital initiatives planned for next year include the Illinois Route 390 Tollway ($374.5 million), SmartRoad upgrades to I-90 ($163.5 million), reconstruction of I-294 ($56.5 million) and expansion and maintenance of the I-PASS system. The remaining funds will go toward development, repair and maintenance.Move Illinois is a 15-year, $12-billion capital project program financed by bonds and tolls. The Illinois Tollway,...
  • Metro Detroit Transit Tax Assumes Funding From State and Feds That May Never Come

    11/02/2016 9:20:51 AM PDT · by MichCapCon · 4 replies
    Michigan Capitol Confidential ^ | 10/31/2016 | Tom Gantert
    Officials with state and federal transportation agencies say they did not review funding assumptions for the Regional Transit Authority of Southeast Michigan's $4.6 billion metro Detroit transit tax proposal. If approved by voters on the Nov. 8 ballot, the measure will impose a 20-year, 1.2-mill property tax increase on property owners in Oakland, Macomb, Wayne and Washtenaw Counties. The Regional Transit Authority’s spending plan assumes that some funds will come from both the Michigan Department of Transportation (MDOT) and the Federal Transit Administration (FTA). The money will mainly be used to expand municipal bus service in the region. “Total state...
  • Tilt from Tax Cutting to Corporate Welfare Renews Failed Approach to Economic Growth

    11/01/2016 7:20:47 AM PDT · by MichCapCon
    Michigan Capitol Confidential ^ | 10/24/2016 | Michael LaFaive
    During Michigan’s economic “Lost Decade” of the 2000s, state government seemed to have just one response for crushing declines in income and employment that cost about 800,000 residents their jobs between 2000 and 2010: more corporate welfare. If there was any evidence this approach works to turn around an ailing economy — there is not — it still could not have overcome the massive Michigan business and income tax increases imposed in 2007, and smaller exactions, such as a 2004 property tax hike. Starting in 2011 a new governor steered a different course. Gov. Rick Snyder scaled back the pace...
  • Media Loves Corporate Welfare Stories, But Silent When Jobs Go Bust

    11/01/2016 5:11:39 AM PDT · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 10/29/2016 | Tom Gantert
    Free-market economists have coined the term “press release economics” to refer to state corporate welfare deals whose job projections generate round after round of favorable media reports — but seldom any follow-up when no jobs materialize. A good example is related to a recent WikiLeaks release containing leaked emails from former Gov. Jennifer Granholm. In one letter from 2008, Granholm highlighted a company called the Mascoma Corporation that was promised state subsidies to build a wood-to-ethanol fuel processing plant. Granholm highlighted the company’s job projections as an example of her success at reinventing Michigan’s economy. Those projections had also been...
  • $1 Billion of Tax Money Thrown Into a Growing Deficit

    10/31/2016 1:35:25 PM PDT · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 10/29/2016 | James Hohman
    Michigan lawmakers are proud of their fiscal prudence for putting an extra $1 billion into the school employee pension fund. But the extra state payments have been insufficient to pay even the interest on the debt, let alone catch up on the $26.7 billion of unfunded liabilities in the system. The state determines the amount of money the pension system needs each year based on an actuarial assessment that looks at how much is being earned in benefits by employees and how much the state still owes in pension debt. This is different from Social Security and Medicare, where the...
  • Clintons Did Not Obtain Permits to Renovate Their New Chappaqua Home, Records Show

    10/30/2016 4:01:53 AM PDT · by SkyPilot · 43 replies
    NY Times ^ | 29 Oct 16 | STEVE EDER
    Hillary and Bill Clinton purchased a second home in Chappaqua, N.Y., on the same street as their current one, seen here in 2000. It is a necessary evil for any homeowner: a visit to the town building office to obtain the proper permits for upgrades. Hillary and Bill Clinton apparently skipped that required step when they began ambitiously renovating the house they purchased for $1.16 million this summer in the upscale New York hamlet of Chappaqua, according to records from the town building inspector. Those records, first reported and posted online by The Journal News, based in White Plains,...
  • Health Law Tax Penalty? I’ll Take It, Millions Say

    10/26/2016 9:11:36 PM PDT · by nickcarraway · 82 replies
    New York Times ^ | OCT. 26, 2016 | ROBERT PEAR
    The architects of the Affordable Care Act thought they had a blunt instrument to force people — even young and healthy ones — to buy insurance through the law’s online marketplaces: a tax penalty for those who remain uninsured. It has not worked all that well, and that is at least partly to blame for soaring premiums next year on some of the health law’s insurance exchanges. The full weight of the penalty will not be felt until April, when those who have avoided buying insurance will face penalties of around $700 a person or more. But even then that...
  • Gross Out in Portland: New union backed tax would hammer Oregonians

    10/23/2016 9:49:08 AM PDT · by reaganaut1 · 33 replies
    American Spectator ^ | October 21, 2016 | JEREMY LOTT
    If you had to choose one story that shows why American workers are not wild about unions these days, public or private, look to Portland, Oregon. Voters statewide are set to decide on a ballot initiative there in November that could do more to kill jobs than most category 4 hurricanes. Targeted at big businesses, Measure 97 would impose a new 2.5 percent tax on companies that gross over $25 million a year. The trick is, the tax would not be on net profits but on gross revenues after the $25 million mark. In other words, companies are not taxed...
  • Here's Why You Deserve a State Income Tax Cut

    10/20/2016 5:12:15 AM PDT · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 10/14/2016 | James Hohman
    Recent Michigan legislatures have taken more from regular people with new tax hikes while giving more to politically well-connected interests through municipal bailouts and corporate giveaways. It’s the people’s turn for something positive, and this is the right time and environment for a substantial state income tax cut. Legislators are sympathetic, and want you to know it: In every recent legislative session, bills have been introduced to lower the income tax rate. But they never move. The excuse is always the same: “Budget pressures are growing; we might have to cut spending if citizens get to keep more.” The excuse...
  • Donald Trump’s War of Independence

    10/15/2016 10:52:57 AM PDT · by Kaslin · 48 replies
    Townhall.com ^ | October 15, 2016 | David R. Usher
    Donald Trump is leading America’s third war of Independence (the first two being in 1776 and the War of 1812). Donald Trump’s declaration of independence from the Establishment in both parties was long coming.  He bounced between parties for two decades before coming to the conclusion that both parties worshipped globalism. He had no choice but to run for the Presidency.  His candidacy is in fact America’s Third War for Independence.  Trump’s campaign touched the taproot of the Electorate.  Most Americans cannot quite put a finger on the reason,  but understand one thing: they know they have been sold...
  • Face it: Property taxes are forcing Illinoisans out of their homes

    10/14/2016 10:09:51 AM PDT · by george76 · 109 replies
    Illinois Policy ^ | October 13, 2016 | Austin Berg
    Pardess Mitchell is watching her community crumble. She and her husband have lived in Lake County for 16 years. They pay more in property taxes than they do on their mortgage. The tax bill is $15,000 a year on a house they bought for $227,000 in 2013. “They’re taxing us out of the neighborhood. They’re pushing us out. They’re pushing us out of our homes and communities,” she said. “If it continues this way we’ll have to leave.” A Paul Simon Public Policy Institute poll released Oct. 10 revealed nearly half of registered Illinois voters said they would leave the...
  • HP Inc to cut up to 4,000 jobs over next three years

    10/14/2016 6:43:39 AM PDT · by DoodleDawg · 23 replies
    Reuters ^ | 10/14/16 | Rishika Sadam
    HP Inc said it expects to cut about 3,000 to 4,000 jobs over the next three years, as the maker of printers and personal computers continues to struggle with a subdued market, sending its shares down 1.3 percent in extended trading. HP, which houses the hardware business of former Hewlett-Packard Co, said in February it would accelerate its restructuring program and slash around 3,000 jobs by the end of fiscal 2016. HP Chief Executive Dion Weisler said the market continued to be volatile, facing pressures and uncertainties. "Our core markets are challenged and macro economic conditions are in flux right...
  • The Bickersons Revisited

    10/13/2016 11:29:56 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | October 13, 2016 | Cal Thomas
    Not since George and Martha in the play "Whose Afraid of Virginia Woolf?" or for older readers Don Ameche and Frances Langford in the radio comedy "The Bickersons," have we seen the kind of verbal pugilism practiced in Sunday night's presidential debate between Donald Trump and Hillary Clinton. If the business of Trump's lewd language about women caught on tape 11 years ago and Bill Clinton's sexual history with Hillary enabling him in the trashing of his conquests could be set aside, only the issues would remain, and wouldn't that be good? Sunday night, Clinton recycled the familiar Democrat playbook...
  • Vegas Stadium Deal for Raiders Passes First Hurdle

    10/11/2016 7:18:10 PM PDT · by nickcarraway · 34 replies
    A bill to raise hotel taxes to fund an NFL stadium for the Oakland Raiders and a convention center expansion has crossed its first hurdle in the Nevada Legislature. The Nevada Senate voted 16-5 on Tuesday to approve the measure. Democratic opponents have said they oppose putting public funds to a project backed by billionaire casino mogul Sheldon Adelson, while Republican opponents oppose raising taxes.
  • 1000th blog post & election issues

    10/11/2016 8:54:44 AM PDT · by mainestategop
    Maiinestategop ^ | Brian Balll
    As of 2008 we are now at 1000 posts for Mainestategop, the blog of those of us who are refugees of New England Socialism and the voice of the New Hampshire based New England Alliance for Liberty and Free Markets. We've come a long way I think and I am just ecstatic. Eight years of fighting liberalism and saving America from liberal failure. I love it. Thank you to all for your continued support.  Now, with that said I want to discuss political issues concerning elections in New England. There's not much to be said, we are voting straight GOP...
  • List of Hillary Clinton Tax Hikes (shields herself from 65% death tax ... surprise!)

    10/10/2016 4:19:09 AM PDT · by NYer · 6 replies
    American Tax Reform ^ | September 26, 2016 | John Kartch
    Trillion dollar tax hike – Hillary’s tax hike proposals will raise taxes on the American people by over $1,000,000,000,000 over the next ten years, based on her campaign’s own numbers. Payroll Tax Hike – Hillary said she would not veto a payroll tax increase on all Americans should such a bill reach her desk. She said she would set her middle class tax pledge aside. This took place Jan. 12 in Iowa, and it’s on video: Moderator: “Democrats have introduced a plan that Senator Sanders supports that you’ve come out against because it is funded by a payroll tax....
  • Robin Hood Economics Falls Flat in Debates

    10/07/2016 4:18:45 AM PDT · by Kaslin · 30 replies
    Townhall.com ^ | March 7, 2016 | Michael Barone
    Robin Hood is dead. Or at least seriously ailing. The politics of taking from the rich and giving to the poor -- the politics that philosophers from Aristotle to James Madison dreaded -- just doesn't seem to be working as it used to. That's not to say that the United States is about to give up on progressive taxation. With its graduated income tax, the American tax system is by some measures the most progressive in any advanced country. For a generation, the jousting between Republicans and Democrats has been waged within a pretty narrow range. The former want a...
  • Question for Hillary - What significant TAX DEDUCTIONS didn't you take ???

    10/07/2016 6:06:49 AM PDT · by XRdsRev · 21 replies
    n/a | me
    What significant TAX DEDUCTIONS did you, Bill or the foundation board instruct your accountants NOT to take ??? Given that the issue of Trump's tax deductions (business losses) is likely to come up again this weekend, I would love to see this question asked of Clinton. Unless she and the foundation can prove that they instruct their accountants to NOT take significant tax deductions for which they are eligible, then she shouldn't be against Trump or his businesses taking legal, applicable deductions also.
  • Luntz focus group: Yeah, we don’t care about Trump’s taxes, but Hillary’s emails…

    10/06/2016 3:54:45 PM PDT · by 2ndDivisionVet · 28 replies
    Hot Air ^ | October 6, 2016 | Larry O'Connor
    According to pollster Frank Luntz and his famous “undecided focus group” extravaganzas he holds after every debate, American voters aren’t nearly as worked up about Donald Trump’s tax returns as the media and Clinton campaign appear to be. In fact, according to Luntz’ appearance on CBS Wednesday, voters might be interested in getting tax tips from the GOP nominee:(VIDEO-AT-LINK) “Nobody wants to pay taxes. As long as you don’t break the law, as long as you didn’t do anything unethical, tax payers are fed up with the tax code and they actually did not hold him responsible for that. What...
  • I-73 is not an easy sell

    10/06/2016 10:09:47 AM PDT · by Tolerance Sucks Rocks · 13 replies
    The Martinsville Bulletin ^ | October 2, 2016 | Ben R. Williams
    There’s a famous old fable known as “Belling the Cat.” For those who haven’t heard it, it goes like this: A bunch of mice are threatened by a vicious cat, and they call a council to figure out how to solve the problem. One mouse proposes that they place a bell around the cat’s neck. That way, they’ll hear the cat approaching and have plenty of time to run and hide. The mice applaud the plan. They love the plan. It’s a great plan. One mouse asks who’s going to volunteer to place the bell around the cat’s neck. Suddenly,...
  • Liberals Should Now Be for Trump

    10/06/2016 8:47:02 AM PDT · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 10/06/16 | Ron A. Y. Rich
    Especially on Taxes, Women, and Muslim Issues Liberals who have the intellectual honesty to ascertain what Donald Trump has actually said on the issues, without the media’s spin, cannot help but support Trump especially on Taxes, Women, and Muslim issues. Regarding taxes Trump’s position on his taxes can be analyzed in a variety of ways, and he comes out as preferable for true and honest liberals, or at least comparable to the alternative.