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California Begging
1 hour, 25 minutes ago ago from One Penny Sheet
OPS_admin | Dec 26, 2009 | Comments 0 The once-great state of California has been reduced to begging from the federal government. But no matter how much help the feds give, the state's fiscal ills won't end until its lawmakers stop spending money. To say California is a mess is an understatement. In the current fiscal year, the state is expected to post a deficit of $21 billion as the budget continues to spiral out of control. Even ...
Related contentDemocrats see GOP hypocrisy in debate on health care costs
18 hours ago ago from co2 Tax
as some call it has irked Democrats, who claim that their plan will pay for itself with higher taxes and spending cuts and cite the nonpartisan Congressional Budget Office for support. By contrast, when Republicans controlled the House, Senate and White
Related contentEstate Tax Battles in the CT Legislature
3 hours ago ago from Stangler in a Strange Land
Just a few days before Christmas, CT Democrats rallied to postpone the estate tax cut (from Jan. 2010 to Jan. 2012) favored by Governor Rell and Republican legislators. At a time where Rell and the Republicans are asking to cut aid to hospitals, non-profit social services, and $84 million to towns and cities across the state to close the estimated $337 million budget shortfall, it simply makes sense to postpone the estate tax cut. In fact, it ...
Related contentNew Crisis: California Runs Out of IOU’s
9 hours ago ago from Banana News | All the news thats unfit for print
State Fault Lines Fracture the National Alphabet July 17, 2009 The California budget crisis has walloped a State already beset by earthquakes, suburban wildfires, rolling mudslides, and deteriorating tan lines. Now in a potential fatal punch to the California lifestyle, terminator turned Governor Arnold Schwarzenegger announced that the California State Government has run out of IOU’s to pay state salaries, services, and creditors ...
Related content10% tanning tax is a federal fundraiser; does not benefit consumers
5 hours ago ago from Slavens Says
One of the provisions hidden away in the Senate's phone book sized health care bill, which was passed by an early morning 60-39 vote on Christmas Eve, is a 10% tax on indoor tanning salons. The tanning tax was a last minute replacement of the proposed on Botox treatments and similar cosmetic procedures. The reasoning behind the switch? Tanning can cause cancer, while Botox does not. The 10% tax will not be donated to the American Cancer ...
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Digital Domain: Sorry, Shoppers, but Why Can’t Amazon Collect More Tax?
2 hours ago ago from The New York Times
BEFORE settling on Seattle as the home of Amazon.com , the founder, Jeff Bezos , considered placing the company on an Indian reservation near San Francisco. This way, we could have access to talent without all the tax consequences, he said in a 1996 interview with Fast Company. Jim Wilson/The New York Times Amazon collects sales tax in only a few states, but not in Arizona, where it has this warehouse. Related Times ...
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