Washington
Atlanta Journal-Constitution: Barnes plan: Remove capital gains tax for 2 years
January 4, 2013
(PDF of Original Post) Candidates says break would pay for itself; experts disagree By Jeremy Redmon The Atlanta Journal-Constitution 7:45 a.m. Wednesday, October 13, 2010 Democratic candidate for governor Roy Barnes appeared alongside a pair of local businessmen at a news conference in Midtown Atlanta’s Technology Square this month, trumpeting his plan to revive Georgia’s […]
Tallahassee Democrat: Tobacco tax, It’s a symptom of bad fiscal habits
January 3, 2013
(PDF of Original Post) November 22, 2009 It’s a symptom of bad fiscal habits When the Legislature was debating last spring whether to raise money by substantially boosting the taxes on tobacco, a couple of arguments were all that caused even a pause in enthusiasm for this “sin tax.” One was that it would likely […]
Wonk Room: Florida’s Incoming Republican Speaker Casts Doubt On Scott’s Plan To Cut Spending
January 3, 2013
(PDF of Original Post) By Pat Garofalo on Sep 13th, 2010 at 7:50 pm Florida’s Republican gubernatorial nominee Rick Scott — when he’s not spending an inordinate amount of time discussing policies over which he’d have no control as governor — likes to tout his economic growth plan, which involves large tax cuts and supposedly […]
Think Progress: Gov. Scott’s Version of ‘Fair Taxes’: Regressive Personal Taxes and No Corporate Tax
January 3, 2013
(PDF of Original Post) Like many Republican governors, Gov. Rick Scott (R-FL) has released a budget that lays off thousands of state workers and slashes education and Medicaid funding, but still cuts Florida’s already low corporate income tax rate by two and a half percentage points. During an interview with CNBC’s Larry Kudlow last night […]
Hartford Courant: State Taxes A Good Deal For Residents
January 3, 2013
(PDF of Original Post) By JOACHIM HERO The Hartford Courant April 26, 2011 Income tax filing day has just passed, which generates the usual talk about how much we pay. We can expect tea party followers to hold rallies that focus on what they pay and how much they dislike paying it, instead of all […]
Press Democrat: Your taxes are going up this week
January 3, 2013
(PDF of Original Post) 1-cent hike in sales tax taking effect Wednesday, vehicle license fee jumps in May; income tax already went up By GUY KOVNER THE PRESS DEMOCRAT Published: Sunday, March 29, 2009 at 2:32 p.m. The rancor in Sacramento over balancing California’s budget has subsided, at least for the time being. Now Californians […]
Arkansas Times: Kicking the Poor Around
January 3, 2013
(PDF of Original Post) Kicking the poor around While Arkansas and five other states might be considered “low tax” states overall, their taxes aren’t low for poor and middle-income families, according to the Institute on Taxation and Economic Policy, a Washington think tank. ITEP looked at data released earlier this summer by the Census Bureau […]
CNN: By the Numbers- Politics in 2013
January 3, 2013
(Original Post) By Amy Roberts, CNN Libraryupdated 11:14 AM EST, Thu January 3, 2013 (CNN) — Two-thousand-thirteen promises to be an interesting political year — with two governors races that will be closely watched, the very real possibility of another special Senate election in Massachusetts, a possible debate in Washington over immigration reform as the […]
Montgomery Advertiser: James Evans: System perpetuates poverty
December 21, 2012
(PDF of Original Post) There is a constant refrain in the faith tradition shared by Jews and Christians. It begins with the Law of Moses, flows through the prophets, and finds perfect expression in the teaching of Jesus. This refrain is God’s concern for the poor. People of faith who take the Scriptures seriously are […]
Ledger-Enquirer: Lobby for the poor won’t make any politician richer
December 21, 2012
(PDF of Original Post) Alabamians are being inundated, and almost certainly disgusted, by the tawdry details of a federal trial involving big money that lobbyists for gambling interests allegedly paid lawmakers for votes to legalize casino-style electronic bingo. Meanwhile, a far humbler lobbying effort of a very different kind quietly continues in Alabama, with hardly […]
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 […]
Politifact: Paul Krugman says poorest 40 percent of Texans pay more in Texas than national average
December 21, 2012
(Orignal Post) Says taxes paid by the poorest residents of Texas are above the national average. Paul Krugman on Monday, February 28th, 2011 in an op-ed column. Paul Krugman says poorest 40 percent of Texans pay more in Texas than national averageTrue New York Times columnist Paul Krugman sees Texas as a model for how […]
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 […]
Fiscal Times: Corporate Taxes: Wake up, Small Business!
December 21, 2012
Original Post August 5, 2011 by Karen Hube Many executives of big public companies have shared their ideas about corporate tax reform in hearings before policy makers lately. Just last week, the CEOs of Wal-Mart, Kimberly Clark, CVS and PMC-Sierra said they are willing to give up corporate tax breaks in exchange for lower tax […]
National Post (Canada): Are the rich paying more than their share in the U.S.?
December 21, 2012
Original Post August 5, 2011 by Kelly McParland All good situation comedies produce spin-offs, so it should come as no surprise that the wildly popular laugh-a-thon know as the U.S. debt debate has led to a comic sideshow, now playing under the working title “Who pays more taxes?” The argument is tied to the increasingly […]
Kansas City Star: Momentum grows to swap income tax for sales tax in states
December 21, 2012
By DAVE HELLING Talk about a tax break. While all the attention this summer was focused on the federal debt and tax policy in Washington, some lawmakers and activists closer to home were quietly moving toward achieving a long-term goal: eliminating income taxes in Missouri and Kansas. “The time has come,” said Jonathan Williams, director […]
Washington Post: The Trouble with the Fair Tax
December 21, 2012
Original Post August 24, 2011 By Dylan Matthews Greg Sargent has been doing some great reporting on Rick Perry’s walk-back on his past support for repealing the 16th amendment, which enables the federal governments to levy income taxes, and enacted the “Fair Tax” proposal for a national sales tax. The fair tax plan has been […]
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 […]
St. Louis Post-Dispatch: Effort to kill Missouri income tax has begun in earnest
December 21, 2012
Original Post September 26, 2011 by Virginia Young JEFFERSON CITY • Wrestling with your state income tax return? Missouri legislators are weighing a plan that would do away with that chore. But before you celebrate, be aware that it’s not a tax cut. While state individual and corporate income taxes would be eliminated, the lost […]
Huffington Post: Poverty Is Rising, But State Tax Systems Burden The Poor, While Rich Get Off Easy
December 21, 2012
Original Post September 27, 2011 by Tyler Kingkade WASHINGTON — Newly released U.S. Census data reveal that poverty levels have skyrocketed, but in most states, the tax systems disproportionally burden the poor. Most states also impose tax structures similar to what current Republican presidential candidates are advocating, and experts warn these should serve as cautionary […]
Maryland Reporter: Increased Tax Proposals Get Mixed Reception
December 21, 2012
October 27, 2011 by Megan Poinski Although the next legislative session is still a couple months off, it’s becoming apparent that new taxes will be one of the central issues before the General Assembly. The Blue Ribbon Commission on Maryland Transportation Funding formally recommended a 15-cent per gallon gas tax increase phased in over three […]
Seattle Post Intelligencer: Report claims Boeing paid no taxes over past three years
December 21, 2012
(Original Post) By AUBREY COHEN, SEATTLEPI.COM STAFFPublished 09:53 p.m., Thursday, November 3, 2011 Boeing has paid less than nothing in taxes on its billions of dollars in profits over the past three years, according to a new report. But Boeing disputes the accounting, saying it paid hundreds of millions in taxes from 2008 through 2010. […]
Seattle Times: Few companies pay anything close to 35 percent federal tax rate
December 21, 2012
(Original Post) A report on corporate taxation released Thursday calls out Bellevue-based truck maker Paccar and more than two dozen other major corporations for paying no net federal income taxes over the past three years, despite being profitable each of those years. By Drew DeSilver Seattle Times business reporter Paccar had an effective U.S. tax […]
AFP: Many big US firms avoid taxes: study
December 21, 2012
(Original Post) By Rob Lever (AFP) – 10 hours ago WASHINGTON — Dozens of US corporations paid no federal taxes in recent years and many received billions of dollars in government subsidies despite earning healthy profits, a new study showed Thursday. The report by Citizens for Tax Justice and the Institute on Taxation and Economic […]
AFP: Many big US firms avoid taxes: study
December 19, 2012
(Original Post) By Rob Lever (AFP) – 10 hours ago WASHINGTON — Dozens of US corporations paid no federal taxes in recent years and many received billions of dollars in government subsidies despite earning healthy profits, a new study showed Thursday. The report by Citizens for Tax Justice and the Institute on Taxation and Economic […]
