New York
LI Herald: Tax the wealthy
January 7, 2013
(PDF of the Original Post) March 24, 2011 Letter to the Editor Tax the wealthy To the Editor: This is in response to “Legislators Listen to the Community,” March 17-23. Nobody wants more taxes, especially the wealthy who lobby our elected officials with fury. And the rich have gotten everything they’ve asked for. According to […]
Art Voice: How a lower sales tax can help Western New York
January 4, 2013
(PDF of Original Post) A scholarly conference held at Buffalo State College this past week brought distinguished historians from here and elsewhere together to discuss the political phenomenon of populism. Scholars mainly associate the term with William Jennings Bryan, who ran against William McKinley and gave voice to the frustrations of Midwestern farmers resentful of […]
Concord Monitor: Estate tax would be a fair way to raise revenue
January 4, 2013
(PDF of Original Post) The rich will still move here and remain here By MICHAEL MARSH For the Monitor April 04, 2009 New Hampshire is known for low taxes and frugal government, but our low taxes don’t extend to everyone. Working people here pay four times more of their income in state and local taxes […]
Stateline: Md. ‘millionaire’s tax’ debate is back
January 4, 2013
(PDF of Original Post) TUESDAY, NOVEMBER 24, 2009 By Stateline.org Staff Reports A headline in this morning’s Baltimore Sun — “Maryland lost nearly 30% of millionaires last year” — is sure to revive a debate over the higher tax rates that Free State legislators imposed on millionaires in 2008. At least eight other states this […]
Frederick News Post: Huntin’ millionaires
January 4, 2013
(PDF of Original Post) Elizabeth Marsh Cupino Originally published December 10, 2009 Set up a roadblock. Put out an APB. Maryland’s comptroller has reported that the number of millionaires in the state dropped by 30 percent in 2008 and that some wealthy residents might be trying to make a break for it. We can’t have […]
Huffington Post: The Millionaire Migration Myth: Don’t Fall for This Anti-Tax Scare Tactic
January 4, 2013
(Original Post) Posted: 03/31/11 09:21 PM ET Virtually every state in the country has a tax system that heavily favors the rich. Despite this fact, only a handful of states responded to the revenue slump brought on by the Great Recession with any sort of tax increase on this favored group. What gives? With so […]
Tri-Parish Times: Will Jindal go for more sin taxes?
January 4, 2013
(PDF of Original Post) By TOM ASWELL During the 1988 presidential race, Vice President George H.W. Bush proclaimed, “Read my lips: no new taxes!” That famous line helped him defeat Michael Dukakis but when he was forced to back-track on that promise, it was his eventual undoing. Bill Clinton’s own pithy campaign slogan “It’s the […]
Hartford Courant: State Tax Exemptions In The Cross Hairs
January 3, 2013
(PDF of Original Post) By CHRISTOPHER KEATING, [email protected] The Hartford Courant 7:00 PM EST, January 26, 2011 HARTFORD — In flush economic times, the legislature could leave untouched the huge number of exemptions from the state’s 6 percent sales tax: haircuts, prescription drugs, boat repairs, car washes, and food purchased at supermarkets, to name a […]
Connecticut Post: GE tax issue still rages on
January 3, 2013
(PDF of Original Post) Rob Varnon, Staff Writer Updated 07:24 p.m., Tuesday, April 26, 2011 General Electric Co.’s tax bill is not a joke among constituents, U.S. Rep. Jim Himes, D-Conn., told the Stamford Advocate, but he said it’s Congress’ fault for not plugging the loopholes in the federal tax system. “Should they be paying […]
Stamford Advocate: Grandfather knew: The rich can afford higher taxes
January 3, 2013
(PDF of Original Post) Published 09:25 p.m., Thursday, May 19, 2011 In the mid-1950s, my grandfather told the Buffalo Evening News he didn’t mind paying taxes. He considered it “the rent I pay for the privilege of living in this country.” The quote was in a profile published because he ran a large local business. […]
Oregonian: TAXING THE RICH It’s not class warfare, it’s just common sense
December 21, 2012
(Original Post) The Sunday Oregonian (Portland, Oregon) September 20, 2009 SundaySunrise Edition TAXING THE RICH It’s not class warfare, it’s just common sense NEAL PEIRCE In a dramatic break from tax trends of recent decades, eight states have voted this year to push up the percentages of income that their wealthiest citizens must pay. Connecticut […]
New Haven Advocate: Connecticut Can Still Raise Taxes on the Rich, Even if Washington Doesn’t
December 21, 2012
Original Post By Mark EnglerMay 24, 2011 In 2009, when then-New York Gov. David Paterson signed a temporary tax increase on the state’s wealthiest individuals — one of the so-called “millionaire’s taxes” that have passed in recent years in select states across the country — at least one multimillionaire was not happy. Rush Limbaugh proclaimed […]
USA Today: Critics say states should discontinue tax holidays
December 21, 2012
Original Post August 6, 2011 by Jayne O’Donnell The back-to-school sales tax holidays that start Friday in many states may be popular with politicians and retailers, but critics say revenue-starved states should abandon them. Seventeen states plan to give shoppers a break on sales taxes for school-related purchases this season. Massachusetts and Arkansas added a […]
Chicago Sun Times: Cash-strapped Illinois rejects back-to-school tax holiday
December 21, 2012
August 7, 2011 Gannett news service Unlike last year, there will be no “back-to-school” sales tax holiday in Illinois this year. State Sen. Toi Hutchinson (D-Chicago), who was chief sponsor of the state’s holiday last year, says Illinois “just cannot afford it this year.” New York was the first state to enact a back-to-school sales […]
Christian Science Monitor: Jon Huntsman vs. Rick Perry: Shoot-out at the GOP corral
December 21, 2012
Original Post August 21, 2011 by Brad Knickerbocker Jon Huntsman and Rick Perry represent very different views of how a Republican can beat Barack Obama in 2012. To jazz up his campaign, Huntsman laid into tea party favorite Perry Sunday. In the end, whoever wins the GOP presidential nominating contest will have to take on […]
Los Angeles Times: An undeserved attack on the ‘undeserving poor’
December 21, 2012
Original Post August 31, 2011 by Michael HiltzikCriticism of low earners who pay no federal income tax is in fact a not-so-veiled assault on government aid for those in need. Amid the crowd-rousing shorthand employed by some American politicians, surely one of the hardiest chestnuts is the notion of the “undeserving poor.” You know the […]
Chicago Tribune: Chicago-area companies among those that pay $0 in income tax: Study
December 21, 2012
Integrys, Baxter, Navistar and Boeing included on list 5:05 p.m. CDT, November 3, 2011 The corporate tax rate is 35 percent, but an examination of 280 of the nation’s largest corporations suggests that many aren’t paying anything close to that. The real tax rate paid by a slew of major corporations averages closer to 18.5 […]
CNN Money: Many companies pay no income taxes, study finds
December 21, 2012
(Original Post) By Charles Riley @CNNMoney November 3, 2011: 3:10 PM ET NEW YORK (CNNMoney) — The corporate tax rate is 35%. But an examination of 280 of the nation’s largest corporations suggests that many aren’t paying anything close to that. The real tax rate paid by a slew of major corporations averages closer to […]
Bloomberg/BNA: Tax Reform Likely in 15 State Legislatures in 2013, Think Tank Says
December 20, 2012
December 20,2102 The major shifts in partisan control due to the November elections, which resulted in 37 states having unified one-party control over the Legislature and governorship, are likely to bring state tax reform to the forefront in 2013, Matthew Gardner, executive director of the Institute on Taxation and Economic Policy (ITEP), said Dec. 19. […]
Concord Monitor: No tax holiday for profits held offshore
December 19, 2012
(Original Post) By Monitor staffNovember 4, 2011 The driving force behind the Occupy Wall Street protests that have cropped up across the nation is the participants’ belief that the game is rigged. Corporations and wealthy political campaign donors concoct the rules and a Congress more concerned with reelection than governing makes them the law of […]
Daily News and Analysis: 30 corporate giants paid no US taxes in 3 years: Report
December 19, 2012
(Original Post) Published: Friday, Nov 4, 2011, 15:52 ISTPlace: NEW YORK | Agency: IANS Thirty of the 280 most profitable US corporations, including General Electric, Verizon and Boeing, paid no federal income tax in 2008-10, Citizens for Tax Justice (CTJ) said in a report released Thursday. Together, those 30 companies enjoyed pre-tax profits of $160 […]
AllGov: 30 Major Companies Paid No Federal Taxes Last 3 Years
December 19, 2012
(Original Post) Friday, November 04, 2011 According to the U.S. tax code, corporations pay a 35% tax rate on their earnings. But at least 30 of them paid zero federal income over the last three years, while hundreds of other companies paid half the official corporate rate. The findings, produced in a new report from Citizens […]
MSNBC.com: 30 companies paid ‘less than zero’ taxes in recent years
December 19, 2012
(Original Post) By Marisa Taylor (This story has been updated to include a response from General Electric.) General Electric made big waves earlier in the year when The New York Times reported that the company paid no taxes in the U.S. in 2010, and in fact claimed a tax benefit of $3.2 billion. How could […]
Cincinnati CityBeat: Here’s Why the ’99 Percent’ Are Pissed
December 19, 2012
(Original Post) By Kevin Osborne · November 9th, 2011 · Porkopolis Even the most ardent political junkie probably missed the news amid all the other reports last week about Ohio Issue 2, Cincinnati Issue 48, the looming City Council elections and the drama over the Occupy protests being busted up across the nation. While the […]
Forbes: American Families Are Bearing the Tax Burden
December 19, 2012
(Original Post) Jessica Bosari, Contributor Anyone with access to a news broadcast can see the middle class is suffering from bearing the brunt of the tax burden. In an ideal situation, people and business would pay taxes proportional to their earnings and tax bracket. The scales however, are not balanced in the country’s tax practices. […]
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