Keyword: taxincrease
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ANNAPOLIS -- Republican Sen. Richard Colburn of Dorchester voted against Maryland’s recently passed gas tax increase, but now hopes some of the new money will go to replacing the Dover Bridge in his district. The new taxes, initially expected to raise prices at the pump by 4 cents a gallon this July, might help to expand funding for the rehabilitation and replacement of Maryland’s deteriorating bridges. As of April, 87 of the 2,572 Maryland State Highway Administration maintained bridges were structurally deficient, which doesn’t mean they are unsafe, but that they have areas that need to be repaired or replaced,...
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Vote Summary Question: On Passage of the Bill (S. 743, as amended ) Vote Number: 113 Vote Date: May 6, 2013, 06:12 PM Required For Majority: 1/2 Vote Result: Bill Passed Measure Number: S. 743 (Marketplace Fairness Act of 2013 ) Measure Title: A bill to restore States' sovereign rights to enforce State and local sales and use tax laws, and for other purposes.
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The US Senate on Monday passed a bill aimed at ending tax-free shopping on the internet but the move looks set to face fierce opposition before it becomes law. The Marketplace Fairness Act, which has cross-party supporter and the backing of powerful retailers, would give states the power to require retailers with sales over $1m to collect state and local sales taxes for online purchases.
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Despite President Barack Obama’s promises that he would never, ever, ever, raise taxes on people making less than $250,000 year, a new analysis from the Tax Policy Center -- citing a new tobacco tax that will hit some low-income families harder than the rest -- indicates he's breaking that oath. Upon closer examination of the budget, it's revealed Obama raises taxes on middle and low-income families again, and again, and again. “President Barack Obama's budget proposal would lead to significant tax increases on upper-income Americans,” the Wall Street Journal reported, “and also to moderate increases on some lower-income Americans.” Those “moderate increases” on lower...
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Proposed Internet sales-tax legislation received a huge boost on Monday when the White House officially backed the bill, saying it would level the playing field among online and retail stores by ensuring that both pay sales taxes. “Today, while local small-business retailers follow the law and collect sales taxes from customers who make purchases in their stores, many big-business online and catalogue retailers do not collect the same taxes,” White House press secretary Jay Carney. “This puts local, neighborhood-based small businesses at a disadvantage to big, out-of-state, online companies.”Now, the Senate is scheduled to debate the Internet sales-tax legislation for...
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As I mentioned yesterday, the medical device tax that went into effect last January is just one of the many insidious job-killing measures contained within ObamaCare, but it is an especially terrible one. The 2.3 percent excise tax is meant to raise a handsome $30 billion to pay for ObamaCare over the next decade, except that, added bonus: It’s going to stifle innovation and competition in an industry that provides all manner of life-saving medical devices, from MRIs to pacemakers to blood tubes.And this hasn’t just been a Republican refrain, by the way. Thursday night, the Senate voted overwhelmingly to...
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The first budget from Senate Democrats in four years includes nearly $1 trillion in new taxes but would not balance the budget. The blueprint unveiled by Senate Budget Committee Chairwoman Patty Murray (D-Wash.) on Tuesday to her Democratic colleagues would also turn off the next nine years of the sequester and replace those spending cuts with a 50-50 mix of tax increases and spending cuts. The budget would dedicate $100 billion to economic stimulus in the form of infrastructure spending and job training. Murray argues that her budget cuts $1.85 trillion from deficits over 10 years. But once the sequester...
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"Conservative" does not mean the same thing as "pro-business," as Virginia Gov. Bob McDonnell has demonstrated. McDonnell -- whose three-year record is mostly characterized by conservative policies -- this week won the largest tax hike in state history and a package of new spending on transportation. Cheering him on was Virginia's business lobby. The tax-hike-and-roads package fits well into a pattern of McDonnell veering from his conservative principles when the business lobby wants more government. McDonnell, for instance, has subsidized favored businesses and industries through tax credits and special incentives. Also, Virginia's dependence on the military-industrial complex and the "Beltway...
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Virginia's House of Delegates has voted to approve what would become the first major reform in a generation of the state's system for financing its highway network. Friday's vote was 60-40.
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The so-called fiscal cliff has been avoided, at least for the time being, and all it cost was a tax rate increase on the nation's most productive taxpayers. Of course, conservatives are disappointed, but one also needs to appreciate that with all the Bush tax rate decreases set to expire automatically, Democrats had Republicans over a barrel. That being the case, Republicans didn't do so badly, considering. The higher rates that would have kicked in at incomes above $250,000 (for marrieds, $200,000 for singles) will instead apply only to incomes above $450,000 (for marrieds, $400,000 for singles). And the formerly...
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Gabriella Hoffman’s paycheck is a little lighter today, thanks to a payroll tax increase that is forcing millions of Americans to make the kind of tough budget cuts their representatives in Washington lawmakers seem unwilling to tackle. Hoffman, a 21-year-old Virginian who works at a nonprofit, estimates her paycheck will be roughly $30 less this biweekly pay period, or about $780 annually, thanks to the end of a two-year cut on payroll taxes, which fund Social Security. The tax has risen back up to 6.2 percent from 4.2 percent, costing someone making $50,000 annually about $1,000 per year and a...
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Ouch! Nothing hurts quite as much as kicking yourself in the shin. It looks like low information voters across America are waking up from the personality party they’ve been at for the past few years to discover that not only do their shiny Obama-bucks not go as far as they use to, butt now they’re taking fewer of those bucks home. Man, who could have seen that coming? I mean, shoot(am I still allowed to say that?), read Big Guy’s lips. He promised, remember?(snip)READ MY LIPS: NO MORE TAXES! And yet people across the country – not just wealthy Republicans –...
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January 1, 2013 brought a host of new taxes, fees, and charges to the American people. Some of them were anticipated. Others, like the (Medical Device Excise Tax) (MDET), were not — at least not in this way. How so? Well, the MDET has started showing up on the receipts for purchases made at sporting goods giant Cabela’s. This receipt from one such store in Texas is making the rounds on the web. It shows an additional tax has been added to the purchase, after the local sales tax of nearly 10% was charged. [snip] What is a Medical Excise...
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Taxes will rise on all Americans in 23 days without bipartisan Congressional intervention. But President Obama and House Republicans are showing little sign of breaking the frosty standoff over the “fiscal cliff.” Both sides remain at loggerheads over what to do about tax rates for the top two percent of income-earners and the nation’s debt limit. In his weekly address, Obama says he wants an immediate resolution, but only if Republicans agree to raise the top tax rates on individuals earning $200,000 or more. “If we’re serious about reducing our deficit while still investing in things like education and research...
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Congressional Republicans shouldn't give President Barack Obama the tax increases he wants without getting something in return. Many of the Republicans strongly opposed to tax increases believe Obama won the election because of voting irregularities in some states. They might find a tax increase more acceptable if the legislation were accompanied by appointment of a special prosecutor to investigate allegations of voting irregularities. I don't know how valid the allegations are or if the actions could actually have changed the outcome of the election. However, ignoring these allegations won't make them disappear. Those who believe the allegations are valid will...
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One of the key questions lurking in the "fiscal cliff" talks — though well below the public's radar — is what happens to the alternative minimum tax — or AMT. Implemented in 1969 to make sure upper-income Americans pay their share of taxes, the AMT has increasingly snared more middle-income Americans over the years because it was never indexed for inflation. During the 2011 tax year for example, the higher tax hit single taxpayers with incomes as low as $48,450 and joint filers making only $74,450. But millions more Americans could be subject to the AMT in their 2012 returns...
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Anti-tax promoter Grover Norquist is losing his vice-like grip on the Republican party. The head of Americans for Tax Reform, who as recently as last year counted 238 members of the House and 41 members of the Senate among those who had signed his anti-tax pledge, has seen those numbers decline to 217 in the House, one shy of the 218 needed for a majority, and 39 in the Senate. Both totals represent an all-time low. Last Wednesday, Senator Saxby Chambliss (R-GA) disavowed his pledge not to raise taxes, even as he acknowledged doing so could hurt his reelection chances...
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This is called surrendering before the war starts: Conservative commentator and Weekly Standard editor Bill Kristol said Sunday the Republican Party should accept new ideas, including the much-criticized suggestion by Democrats that taxes be allowed to go up on the wealthy. ***** "It won't kill the country if we raise taxes a little bit on millionaires," he said on "Fox News Sunday." "It really won't, I don't think. I don't really understand why Republicans don't take Obama's offer." "Really? The Republican Party is going to fall on its sword to defend a bunch of millionaires, half of whom voted Democratic...
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It should come as no surprise that President Obama will raise taxes if he is re-elected. But here’s the shocker: He will invite the United Nations to tax Americans directly. And the proceeds would go directly to the Third World. In this way, Barack Obama will, indeed, realize the dreams of his father.
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Atlanta Metro area rejects a massive tax increase (an additional one percent sales tax on the existing 6% - 8% around the metro area.) The county by county results are as follows: County YES NO Total Ratio yes/total Cherokee 9105 35280 44,385 20.51% Clayton 16750 19303 36,053 46.46% Cobb 38703 85412 124,115 31.18% DeKalb 57915 61792 119,707 48.38% Douglas 6383 13534 19,917 32.05% Fayette 6677 21712 28,389 23.52% Fulton 69064 72365 141,429 48.83% Gwinnett 28884 70273 99,157 29.13% Henry 9405 23371 32,776 28.69% Rockdale 5433 12484 17,917 30.32% Total: 248,319 415,526 663,845 37.41%
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Eleven Southern California business owners met this week with Mitt Romney, the presumptive Republican presidential candidate, at a Costa Mesa manufacturing plant. On the wall behind Mr. Romney's chair hung a large banner that read, "We did build it!" – with "did" underlined for emphasis. The banner underscored how out of touch President Barack Obama seems with what makes the American economy work. The business owners echoed the ire of those nationwide who do understand what makes the American economy work. Their words Monday in Costa Mesa directly refuted the president's now-infamous campaign utterance of last week: "If you've got...
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Sen. Joe Manchin (D-W.Va.) announced Tuesday that he will vote on Democratic legislation to extend the Bush-era tax rates. Manchin said he will join Democrats in voting to extend the rates for income up to $250,000 a year. The Democratic legislation would allow Bush-era rates on higher annual income to expire. Republicans want to extend all the rates for another year. The vote on the Democratic plan is expected to take place on Wednesday. "When considering these two proposals, I kept two priorities in mind: putting our fiscal house back in order and restoring fairness to the tax code," Manchin said...
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(CNSNews.com) – Rep. Rosa DeLauro (D-Conn.) said on Wednesday that Congress ought to look at imposing a federal tax on soda pop. “We have to address the situation in the marketplace," DeLauro said at a press conference on the Supplemental Nutrition Assistance Program, or SNAP. "Right now, the least expensive beverages are often those with the least value to our health like regular cola or juice drinks that are only 10 percent juice. “But I will tell you that if you’re paying $3.49 for juice and 79 cents for soda, if you are in a low-income family and you have...
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Behold what a prominent politician's "CYA" instinct hath wrought:  Facing questions about why she and other top Congressional officials won’t release their tax returns, House Minority Leader Nancy Pelosi (D-Calif.) downplayed her previous demands for presumptive GOP presidential nominee Mitt Romney to release his, calling the issue a distraction. As recently as Wednesday, Pelosi had strongly urged Romney to provide further disclosure of his tax returns. But today, while maintaining Romney should release more documents because of “custom” and “tradition,” Pelosi said the issue was trivial compared with economic issues. “We spent too much time on that. We should...
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Obama and his fellow Democrats grow louder and more frequent for the top 5% (really the top 20%) who pay most of the federal taxes to ‘pay their fair share’ meaning even more taxes. But what about the 45 percent or so of our fellow citizens and legal residents who pay zero federal income taxes which that money is dedicated to pay for everything it does and that it gives away except retirement entitlements? With the government running the enormous deficits it is and candidates especially Dems promising more and more ‘free stuff’ to voters as Romney put it, this...
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Last month’s Supreme Court ruling on Obamacare left champions of that law breathing a sigh of relief, while its opponents — a majority of the public — were left frustrated. It seemed at first glance as though the chief justice’s tortured opinion had saved the individual mandate, and with it the broader statute. But Obamacare’s champions should take a closer look at what the Court left them with, because on their own terms, the law is now set to collapse.
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In a dramatic change, Republican governors — including New Jersey Gov. Chris Christie — are supporting sales taxes on online purchases in an attempt to send more revenue to state coffers.
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Democrats are making increasingly explicit threats about their willingness to let nearly $600 billion worth of tax hikes and spending cuts take effect in January unless Republicans drop their opposition to higher taxes for the nation’s wealthiest households. Emboldened by signs that GOP resistance to new taxes may be weakening, senior Democrats say they are prepared to weather a fiscal event that could plunge the nation back into recession if the new year arrives without an acceptable compromise. In a speech Monday, Sen. Patty Murray (Wash.), the Senate’s No. 4 Democrat and the leader of the caucus’s campaign arm, plans...
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Early voting just began this week for the upcoming primary, but some metro counties are already seeing a surge of early voters. In Henry County, elections officials say they are seeing up to 500 voters a day and are now expecting a 45-50 percent turnout for the primary. Turnout has been similar in DeKalb County. "We are already seeing more people coming out than in 2008's primary... we've already voted more people in three days than we voted in the first five weeks of 2008," says the county's elections supervisor Maxine Daniels. She says the presidential race, the transportation sales...
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The Supreme Court has allowed Obamacare's individual mandate as a TAX President Obama LIED to America when he told us that Obamacare was not a tax in any way. He then turned around and argued to the United States Supreme Court that the individual mandate and penalty for not getting healthcare was a tax and therefore constitutional. ObamaTAX via Obamacare ...... this might be JUST the right Slap in the face that America Needs to wake up and VOTE OUT OBAMA WAKE UP AMERICA! We are not only DROWNING in Debt, but not we have seen Obama impose...
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President Obama signaled in our interview that he was prepared to address some of the concerns raised by key Senator Jay Rockefeller, who called the Baucus bill a “big middle class tax increase” this week. That means he’ll support more subsidies for middle class families. But in our most spirited exchange, the President refused to accept the argument that a mandate to buy health insurance is equivalent to a tax. Here it is: STEPHANOPOULOS: You were against the individual mandate… OBAMA: Yes. STEPHANOPOULOS: …during the campaign. Under this mandate, the government is forcing people to spend money, fining you if...
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The Maryland General Assembly passed a $260 million tax increase Wednesday as it adjourned from a three-day special session that ended with Gov. Martin O'Malley saying he will bring lawmakers back for another session this summer. The House gave final approval to two bills that will raise income taxes and shift a portion of teacher pension costs to counties to balance the state’s $35.5 billion budget, which is nearly $1 billion larger than last year’s spending plan.
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What’s worse than dueling tax increases appearing on the November ballot? How about, dueling tax increases that find a “cooperative” way to work together on the November ballot...
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Among the intended goals of higher taxes on cigarettes is that some smokers will quitrather than dealwith the increased cost. While this may happen, newly released numbers show that taxing cigarettes also drove up the sales of forms of tobacco that are taxed at lower rates. The Children's Health Insurance Program Reauthorization Act (CHIPRA) of 2009 increased and equalized federal excise tax rates for cigarettes, roll-your-own tobacco, and small cigars. It also increased the tax rates on pipe tobacco and cigars, but not to the levelof theother items.
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ANNAPOLIS — Senate President Thomas V. Mike Miller Jr. is pushing for broader income-tax increases and a last-ditch attempt at expanding gambling as lawmakers look toward a possible special session, but the House appears reluctant to embrace either proposal. Mr. Miller will meet Tuesday with Gov. Martin O'Malley and House Speaker Michael E. Busch to discuss the scope of a potential special session, during which the General Assembly likely would pass several tax and revenue increases to cancel out $512 million in cuts resulting from their failure to pass the increases at the regular session’s close. Mr. Miller is waging...
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Gov. Jerry Brown’s plan to raise your taxes would raise less than he planned, according to the nonpartisan Legislative Analyst. So Brown came up with another plan, caving in to union demands. Now Brown would raise your taxes even more. Does Jerry Brown have it right this time? Guess what the Legislative Analyst says about this new, improved (higher) tax plan? Just two days after the governor announced his “compromise” ballot measure to raise taxes, California’s top budget analyst said today the measure will generate $2.2 billion less next year than Brown has estimated...
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ANNAPOLIS — The Maryland Senate passed a $35.9 billion budget package Thursday that would increase income-tax rates on nearly all earners and impose a flat income tax on residents making more than $500,000 a year. The spending plan would boost the state’s income-tax brackets by as much as 0.25 percentage point — a move expected to generate more than $500 million next fiscal year. The budget bill passed after senators narrowly approved an amendment Wednesday night that would allow the state to tax “half-millionaires,” who make more than $500,000 annually, at the maximum 5.75 percent rate for every dollar they...
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ANNAPOLIS — Gov. Martin O'Malley told House and Senate lawmakers Wednesday that failing to raise Maryland’s gas tax could lead to crumbling roads and bridges in the future, and that they should pass his proposal despite its lack of popularity with residents. Mr. O'Malley, a Democrat, touted his proposed 6 percent sales tax on gas while testifying before the Senate Budget and Taxation Committee and at a joint hearing of the House Ways and Means and Environmental Matters committees. Legislators have said a gas-tax hike appears unlikely during this year’s General Assembly session because of rising gas prices, public outcry...
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ANNAPOLIS — Gov. Martin O'Malley will go before House and Senate committees Wednesday and ask them to raise the state’s gas tax, but he might get drowned out by the talk from constituents back in lawmakers’ home districts. Mr. O'Malley, a Democrat, has clung to the proposal in recent weeks even as skepticism of the plan has mounted in the face of rising gas prices and persistent objections from the public. The governor says the tax increase is a necessary investment in the state’s congested, too-long-ignored road and transit infrastructure. But with gas prices climbing toward $4 a gallon, leading...
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The huge tax increases proposed by Gov. Jerry Brown are becoming much less popular as voters learn more about them. At the rate of decline in popularity over just the past two months, there may be no one left in California who will vote for the higher taxes by the time November balloting arrives, save, of course, Mr. Brown and the principal beneficiaries, public employee union members to whom he panders. Meanwhile, an analysis by the state Board of Equalization, which handles state business taxes, has weighed the impact of the governor's higher taxes and found them quite costly. The...
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ANNAPOLIS —Gov. Martin O'Malley’s proposal to increase the state’s gasoline tax is looking more and more far-fetched because of rising gas prices and persistent public outcry, say state lawmakers from both parties. The Democratic governor’s bill to phase in a 6 percent sales tax on gas has been met with skepticism from Republicans and moderate Democrats in the General Assembly. Now with gas prices climbing toward $4 a gallon and lawmakers focused on fine-tuning a state budget that could include several other tax increases, some legislators say they are running low on time and political will to tack on a...
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For years, we’ve been hearing from experts across the political spectrum about the need to invest more in our failing transportation infrastructure in Maryland. The D.C. region is at the top of the list of the most-congested cities in America, and Baltimore is not far behind. Almost half of Maryland’s roads and bridges are in poor or mediocre condition, and 55 percent of our urban highways are heavily congested. Maryland’s construction industry and its thousands of workers have been decimated by years of severe cuts in transportation investment. Despite what is clearly a growing need, Maryland’s transportation program is a...
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This bill will increase the VA gasoline tax by indexing it to the Producer Price Index. Click on the link to see the actual results....should be posted by tomorrow. The bill passed 26 to 14. Republicans voting FOR the gas tax included Blevins, Hanger, Norment, Ruff, Stosch, Wagner and Watkins. Their emails are listed below....
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It is amazing how much legislators forget while they are in Richmond. While their constituents are home balancing their budget and making do with much less, the Senate of Virginia is supporting efforts to increase taxes. This week, the Virginia State Senate will consider a bill that will increase the gas tax (SB 631). The sponsor of the bill calls this an “inflation adjustment,” but AFP-VA is calling this a tax increase on hard working families of Virginia. Increasing the gas tax will drive up consumer costs; unfairly hurting the less fortunate and the unemployed. Tell your Legislators you oppose...
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WASHINGTON - A day after the governor of Maryland said he would like to institute a percentage tax on gasoline, the chief executive of Virginia said he would not seek any additional taxes during a recession, particularly on gas, despite a significant demand for more transit projects. Both states have looked to sales tax to resolve their transportation funding woes. On Monday, Maryland Gov. Martin O'Malley said he would like to do away with a ban on sales tax for gasoline, to add to its existing 23-cent flat tax. Virginia Gov. Bob McDonnell has a different approach. "I will not...
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IN THE MAELSTROM of tax increases proposed by Maryland Gov. Martin O’Malley (D), it’s easy to lose track of which are most critical. For a start, it’s useful to identify which needs have been most and longest neglected — and near the top of that list is transportation. It’s been 20 years since Maryland raised its gasoline tax, the largest source of transportation funding. As construction costs have risen, the revenue it yields has plummeted in real terms. At this point, Marylanders (like Virginians, who last saw a gas tax increase when Ronald Reagan was president) are not paying for...
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CBO: Taxes Will ‘Shoot Up by More Than 30 Percent’ Over Next 2 Years By Terence P. Jeffrey January 31, 2012 (CNSNews.com) - The amount of money the federal government takes out of the U.S. economy in taxes will increase by more than 30 percent between 2012 and 2014, according to the Budget and Economic Outlook published today by the CBO. At the same time, according to CBO, the economy will remain sluggish, partly because of higher taxes. “In particular, between 2012 and 2014, revenues in CBO’s baseline shoot up by more than 30 percent,” said CBO, “mostly because of...
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WASHINGTON - Many of Maryland's traffic woes would be alleviated by allowing a percentage tax on gasoline, the state's governor said Monday. While speaking on WTOP's "Ask the Governor," Martin O'Malley said he would like to "phase out" the sales tax exemption on gas, which would allow a percentage tax on the fuel in additon to the existing 23-cent flat tax. The current flat tax has not changed since the early 1990s when gasoline was about $1.08, the governor says, adding the regional arteries wouldn't be so clogged if the state had more to invest in transportation infrastructure. "The best...
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For Immediate Release Contact: Garren Shipley (540) 686-1138 Surprise! Democrats Call for Plastic Bag Tax -- Bill would add $1 to a grocery bill for every five bags -- Democrats in Virginia are often fixated on the gas tax, but sometimes they do come up with other ideas. Like making it more expensive for you to take home groceries. Del. Joe Morrissey, D-Richmond, and Del. Scott Surovell, D-Mount Vernon, have put forward a bill that would charge hard working Virginia families 20 cents every time they bring home a bag from the grocery store. Why? It's not about money, according...
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DES MOINES, Iowa - Republican presidential hopeful Michele Bachmann is telling college students in politically important Iowa that all Americans should pay taxes since they all benefit from services such as roads and bridges, national defense and the courts. Her position, which she was outlining today at Iowa State University in Ames, is a direct challenge to rivals Rick Perry and Herman Cain, who are advocating plans that would allow low-wage earners to continue paying no taxes while implementing a form of a flat tax on all other workers. The Tax Policy Center estimates that some 46 percent of households...
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