Browsing All posts tagged under »Tax«

DEMS REINTRODUCE OUR LARGEST TAX BILL, FOCUSED ON SMALL BUSINESS AND EMPLOYEES

March 19, 2019

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W Examiner: “Rep. John Larson, D-Conn., along with more than 200 Democratic cosponsors, recently introduced the Social Security 2100 Act. The legislation would raise the effective payroll tax rate by 2.4 percentage points, split between employer and employee, to 14.8 percent. And this tax increase would apply to all earned income.” “Larson’s plan would increase […]

NEW YORK IMPOSES STRICT AUDITS ON THOSE WHO TRY TO ESCAPE IT’S HIGH TAXES

March 11, 2019

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Fox: “New York state goes to extraordinary lengths to catch wealthy residents who try to flee its burdensome taxes, leaving a gaping hole in the state’s treasury.” “The aggressive approach by state tax collectors comes as the Empire State faces a $2.3 billion budget deficit that even Democratic Gov. Andrew Cuomo called “as serious as a heart attack.” Cuomo, […]

MORE STATES PUSH FOR POPULAR VOTE PRESIDENTIAL ELECTION: LIBS OUTNUMBER GOP IN ONLY 6

February 26, 2019

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Fox: “Colorado is the latest state to pass a bill which would change the way presidential candidates win office. The state joins 11 others after passing a bill to join the National Popular Vote Interstate Compact.” “Under the compact, the candidate who receives the most popular votes nationwide would be be awarded the electoral college […]

GOV CUOMO (D-NY) SAYS AMAZON TRAGEDY WILL DEFEAT DEMS AT ELECTION TIME

February 22, 2019

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NYP: “Gov. Andrew Cuomo on Friday called the defeat of the Amazon deal “the greatest tragedy I have seen since I’ve been in politics” — and blamed his fellow Democrats in the state Senate, who he said would “pay a price” at the ballot box.” “Cuomo even suggested that the Senate Democrats may have imperiled […]

GOV CUOMO NY TAX REVENUE FELL $2.3B LAST MONTH WITH NEW PLAN: BUDGET INCLUDES $176B SPENDING

February 5, 2019

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NYP: “Gov. Andrew Cuomo (D) announced Monday that state income tax revenues plummeted by $2.3 billion since he introduced his new budget plan last month — a bombshell that will force him to curb spending. Cuomo attributed the revenue drop in December and January largely to the new federal tax code, as well as volatility […]

BLACK CAUCUS CHARITY GIVES NO SCHOLARSHIPS IN 2YRS, IT’S STATED MISSION: HIDES TAX BOOKS

January 3, 2019

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DC: “The caucus of black New York state lawmakers runs a charity whose stated mission is to empower “African American and Latino youth through education and leadership initiatives” by “providing opportunity to higher education” — but it hasn’t given a single scholarship to needy youth in two years, according to a New York Post investigation.” […]

FEDERAL JUDGE THROWS OUT OBAMACARE AS UNCONSTITUTIONAL

December 15, 2018

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W Examiner: “A judge ruled Friday evening that Obamacare is unconstitutional, putting the future of the federal healthcare law in jeopardy.” “The suit in the case, Texas v. Azar, was brought by 20 Republican state officials, who have asked that all of Obamacare be thrown out as a consequence of the new tax law, which […]

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