From FOXNews.com | Associated Press ANNAPOLIS, Md. – As if gas prices weren’t high enough, several states across the U.S. are looking to raise fuel taxes they say are needed to pay for roads and bridges that are outdated, congested and in some cases, dangerous. Maryland’s governor is proposing a phased-in 6 percent sales tax [...]
By Reginald Fields, The Plain Dealer COLUMBUS, Ohio — Ohio Gov. John Kasich will propose a new tax on a form of oil and gas drilling known as horizontal fracking and then use the fresh revenue to give a personal income tax cut to Ohioans, The Plain Dealer has learned. The complicated plan also would [...]
BY DANIEL HALPER, The Weekly Standard The American Mustache Institute earlier today made this surprising announcement: After barnstorming the Nation’s Capitol in support of the proposed Stache Act (details and white paper here), the office of of [sic] Maryland 6th district U.S. Rep. Roscoe Bartlett informed the American Mustache Institute that the congressman has begun [...]
Tea Party chapters around the nation are blasting the Internal Revenue Service after the federal agency sent them letters demanding information about their politics, contributors and even family members.
In January and February of this year, the Internal Revenue Service began sending out letters to various local Tea Parties across the country. Mailed from the same Cincinnati, Ohio IRS office, these letters have reached Tea Parties in Virginia, Hawaii, Ohio, and Texas (we are hearing of more daily). There are several common threads to these letters: all are requesting more information from these independent Tea Parties in regard to their nonprofit 501(c)(4) applications (for this type of nonprofit, donations are not deductible). While some of the requests are reasonable, much of them are strikingly onerous and, dare I say, Orwellian in nature.
By Thomas Kaplan / New York Times – BendBulletin.com ONEIDA, N.Y. — The trucks lumber past cornfields and dilapidated farm houses, pull up to a onetime bingo hall, and unload their cargo: boxes of tobacco imported from the Carolinas. Inside, employees of the Oneida Indian Nation dump the shredded tobacco leaves into rolling machines and [...]
After years of austere state budgets and frustration among Democratic lawmakers who have tried unsuccessfully to increase taxes, a new poll shows the majority of voters are ready to raise the wealthiest Californians’ income taxes.
WASHINGTON—Cutting corporate tax rates and deleting loopholes is just what most economists prescribe for the tangled U.S. tax code.
This year’s Index of Dependence on Government presented startling findings about the sharp increase of Americans who rely on the federal government for housing, food, income, student aid or other assistance. (See last week’s chart.)
New Jersey Governor Chris Christie proposed a $32.1 billion spending plan, the biggest in five years, that counts on tax revenue increasing the most since before the recession began.
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