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Rudd's Christmas gift: higher taxes
19 hours ago ago from The Western Lines
The Howard government was able to provide income tax cuts virtually every year after the budget went into surplus. Thanks Rudd's big government we will be getting tax increases instead: ACROSS-THE-BOARD income tax cuts are off Labor's agenda as the Henry review looks instead to ease the burden on individual taxpayers by simplifying returns and reducing churn in the tax and family payment systems. The compromise at the heart of the report ...
Related contentOur National Bankruptcy
14 hours ago ago from Blogs For Victory
As exemplified by California, detailed over at Mish's who then concludes : If is on the table (for budget cuts), then why isn't anyone mentioning union contracts, pensions, prisons, privatizing services, property taxes, proposition 13, state mandates, and illegal immigration? California is in a mess because in practice is on the table. Democrats do not want to cut services. Nor do Democrats want to address unions, pension problems, ...
Related contentGov. Lingle accuses Associated Press of “blatant lies”about her administration’s budget cuts
31 minutes ago ago from i L i n d . n e t
Hawaii Governor Linda Lingle made the following remarks during a December 21, 2009 press conference to discuss the supplemental budget she has submitted to the 2010 Legislature. It refers to an AP story that appeared in the NY Times and many other newspapers. It will be interesting to see how her comparisons to budget priorities in other states will stand up to scrutiny. Before I talk about the budget specifically, something ...
Related contentSetting the record straight...
21 hours ago ago from longvalleypolitics.com
An article in this week's Observer Tribune contains misleading informatiom pertaining to next year's municipal budget. While the article states "the township could legally increase taxes by 3.5 percent , 1 percent above the state maximum, because funds have been posted into a cap bank for the past two years", this is incorrect as the cap bank is associated with spending, not taxation. This 2.5 percent spending limit and cap bank were in place ...
Related contentIs This One Of The Signs Of The Apocalypse?
1 hour, 49 minutes ago ago from The Sacramento 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in Sacramento, CA
Schwarzenegger signs budget with more welfare cuts SACRAMENTO, Calif. – Gov. Arnold Schwarzenegger is making another $656 million in cuts to build a reserve fund for California as he signs the state's new budget. Schwarzenegger cut spending on child welfare, health care for the poor and AIDS prevention Tuesday. He signed a package of bills aimed at balancing the state's $85 billion budget through June 30, 2010. Schwarzenegger says the ...
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California's Gov. Schwarzenegger Likely to Seek More Federal Assistance to Cut Deficit
42 minutes ago ago from BloggingStocks
California update: Gov. Arnold Schwarzenegger (R-Calif.) is expected to ask President Obama to ease federal mandates and minimums on social programs to save the state up to $8 billion. The action is needed because California, which has already cut programs to eliminate previous budget deficits, faces up to a $21 billion budget deficit for this fiscal year, Bloomberg News reported Thursday . California's double-digit unemployment rate has ...
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