Browsing All posts tagged under »Tax«

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 […]

CALIFORNIA CONSIDERS TEXTING TAX TO FUND PHONE SERVICE FOR ILLEGALS: GET FREE OBAMA PHONE

December 13, 2018

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CBS: “Californians may or may not type OMG at the news, but texting may soon come with an extra fee on their mobile phone bills. State regulators are weighing a tax on the popular communications tool to help fund a program that makes phone service available to low-income residents.” “Keep Obama president… get free phone.” […]

NEW HOUSE DEMS TO CHANGE RULES TO RAISE MIDDLE CLASS TAXES AFTER PUSH BY NEAL, OCASIO-CORTEZ

December 12, 2018

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FB: “The incoming chairman of the House Rules Committee, Rep. Jim McGovern (D., Mass.), confirmed to colleagues on Wednesday that he would not honor the three-fifths supermajority requirement to raise income taxes, as reported by the Washington Post.” “In November Pelosi and Neal initially proposed keeping the three-fifths supermajority rule for income tax increases “on […]

BLUE STATE GOVERNORS SIGN NEW BUDGETS, MORE SPENDING: PROTEST TRUMP ECONOMIC RESULTS

July 4, 2018

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NJ Biz: “Lawmakers have approved the newly agreed upon $37.4 billion budget package, following nearly 12 hours of deliberation and closed door sessions on Sunday over a variety of technical matters. The budget now heads to Gov. Phil Murphy’s desk, where it’s expected to pass. Sunday’s votes by the state State and Assembly to approve […]

NEW JERSEY INCOME TAX HIKE: CANNOT GIVE MONEY TO GOVERNMENT, THEY DO NOT KNOW HOW TO SPEND IT

July 3, 2018

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WSJ: “Call it the consummate New Jersey compromise. Governor Phil Murphy and State Senate leader Steve Sweeney have been fighting over whether to raise tax rates on individuals or businesses, and over the weekend they decided to raise taxes on both. Messrs. Murphy and Sweeney agreed to raise the state’s income tax on residents making […]

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