January 4, 2009 |
For years, Oregon has been diligent about reducing the state's dependence on fossil fuels, but its environmental consciousness has come at a stunning price -- gas tax revenue is down $4.8 million a year compared with 2006. That drop, caused by lower fuel consumption and a slowing economy, has prompted Oregon to consider a new way to pay for road repairs: Democratic Gov. Theodore R. Kulongoski's upcoming budget calls for a highway tax based on mileage, not gasoline purchases.
March 28, 2009 |
Faced with mounting budget deficits and the enormous cost of overhauling the nation's healthcare system, Democrats and Republicans on Capitol Hill are expressing increasing openness to an idea that once seemed unthinkable: putting taxes on some healthcare benefits. The idea of taxing medical insurance benefits has long worried many lawmakers, who are concerned that new taxes could jeopardize the employer-based health system most Americans rely on.
August 14, 2013 |
Nona was looking at her cable bill recently and spotted a $3 charge she didn't recognize. Her cable company said it was a new state tax. Nona wants to know: Can they do that? Can the state just slip new taxes into your cable bill? It won't come as a surprise to cable and satellite TV customers that fees and taxes make up a hefty portion of their bill. For example, there's the Universal Connectivity Charge, state and local 911 taxes, state and local sales taxes, state communications taxes.
CALIFORNIA | LOCAL
November 5, 2009 |
Backers of various tax proposals were celebrating ballot-box victories Wednesday in such places as Culver City, Palm Springs and South Pasadena. But there was little to cheer about for supporters of similar measures in Long Beach, Rancho Palos Verdes and Ventura, where voters in Tuesday's local elections kept the purse strings tightly shut. Along with filling scores of local offices, voters in four Southern California counties decided a range of ballot measures, many of which sought money for cities and school districts hit hard by the recession and state budget cuts.
CALIFORNIA | LOCAL
February 14, 2009 |
The average Californian's taxes would shoot up five different ways in the state budget blueprint that lawmakers hope to vote on this weekend. But the bipartisan plan for wiping out the state's giant deficit isn't so bad for large corporations, many of which would receive a permanent windfall. About $1 billion in corporate tax breaks -- directed mostly at multi-state and multinational companies -- is tucked into the proposal.
March 26, 2012 |
When it comes to economic matters, such as taxes, who do you trust more, professional politicians who worry first and foremost about being reelected, or professional economists who worry exclusively about the economy? Yeah, me too. So we should all sit up and take notice that a big majority (87%) of economists polled by the National Assn. for Business Economists says higher taxes need to be part of any serious deficit-reducing plan. The deficit is currently expected to top $1 trillion for the fourth straight year.
October 11, 2011 |
The Republican presidential candidates were put in a difficult position tonight: debating Ronald Reagan. Debate moderator Charlie Rose introduced a video clip of the former president advocating a compromise plan that might raise taxes on those who had not paid their "fair share," in order to reduce the deficits. Rose asked the candidates how they would answer the most revered man in Republican politics. "I think we're certainly talking about different times," was Texas Gov. Rick Perry's initial response.
August 18, 2012 |
WASHINGTON - President Obama took aim at Rep. Paul D. Ryan's tax proposals Saturday, slamming the Republican vice presidential candidate for a 2010 budget plan that he said would have eliminated almost all federal taxes for wealthy investors like his running mate, Mitt Romney. In a campaign marked by growing vitriol, Obama also accused his opponents of being dishonest in the debate over Medicare, the government health plan for seniors and the disabled. Ryan put forward a fiscal plan that “would let Gov. Romney pay less than 1% in taxes each year,” Obama told an enthusiastic crowd at a high school in Windham, N.H. “And here's the kicker -- he expects you to pick up the tab.” PHOTOS: Paul Ryan's past Obama said middle-class families with children would see their taxes go up by an average of $2,000 under plans supported by Romney and Ryan.
April 3, 2012 |
The reaction to my column on Monday was, in one sense, not terribly surprising. A few readers wrote to praise Molly Munger for spearheading a thoughtful alternative to Gov. Jerry Brown's proposed tax hikes. A few others wrote to suggest that her effort will only make the governor's plan more difficult to pass. And a bunch wrote to say I'm a yahoo or a “clueless columnist” (several used more colorful language) for arguing that some form of tax increase was needed to help California through its current budget difficulties.
January 21, 2013 |
It's hard to feel sorry for a guy who has made more than $67 million in PGA Tour earnings (and that doesn't even count millions more in endorsement deals), but you can sort of see his point. Phil Mickelson announced on Sunday that he will make "drastic changes" because of federal and California state tax increases. "It's been an interesting off-season," Mickelson said. "And I'm going to have to make some drastic changes. I'm not going to jump the gun and do it right away, but I will be making some drastic changes.