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To have more, you'll need to pay more

21 hours ago ago from jad.blog

Run away, run away! It's an adage that shouldn't need too much explanation, but allow the humoring for the sake of obviousness.  If you want something and don't have enough money for it, you can either not get it, or you can save up what you need in order to acquire it.  Sure there's gray areas and ways around this logic when you start throwing things like credit into the equation, but everyone will end up paying for that at some point . ...

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Tax cuts: High earners set to benefit most

9 hours ago ago from Ian Mellett - Lawyer and principal of QUAY LAW

Source: nzherald.co.nz  By Audrey Young    4:00 AM Wednesday Feb 10, 2010  Big personal tax cuts for middle and high-income earners are likely to be announced in the May Budget and take effect from October this year. The tax cuts of up to $4 billion will be funded mainly by increasing GST from 12.5 per cent to 15 per cent, and cutting depreciation tax breaks on buildings. Prime Minister John Key pledged to give ...

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Towards an open Budget system

2 hours ago ago from Latest News from STANZOO - Cosmetic surgery Hyderabad

Mr Mukherjee's Budget exercise on the expenditure side will be limited to a little more than a third of what the government will be spending next year, writes A K Bhattacharya.   When was the last time the government changed income-tax rates for individuals? Well, more than 13 years ago!   That change was an initiative of P Chidambaram in February 1997 in his second Budget for the United Front government.   Mind ...

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Reardon Calls for Tax Hike in KCK State-of-the-City Speech

7 hours ago ago from 20 Pounds Of Headlines

KCK Mayor Joe Reardon called for a sales tax increase during his state-of-the-City speech Tuesday. Reardon wants the  3/8th increase in the sales tax to last for 10 years. He says it would be dedicated to public safety and neighborhood infrastructure. Passing a sales tax today and allowing those outside our community to help pay for the services provided is our best insurance policy to avoid large property tax increases or drastic ...

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Here are my reasons not to vote Obama, can you give me reasons to vote Obama?

4 hours ago ago from Death Records Now

This is a list that I personally have compiled over the course of the last couple of weeks. It is not complete by any means, but I think it does give a sampling of my concerns as well as the concerns of many. Due to the length of the posting, I have not included links but have included the dates if one wanted to look it up. ABORTION: 1.Voted against partial birth abortion ban- October 2007 2.He voted against requiring medical care ...

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Greece Grapples With Tax Evasion

3 hours ago ago from Wall Street Journal

ATHENS Greece has one apparently simple option for reining in a budget deficit that has roiled financial markets: Clamp down on widespread tax evasion, which costs the country an estimated 15 billion ($20.5 billion) a year, an amount that would pay off a big chunk of the budget deficit. The trouble is, tax evasion in this Mediterranean country is extremely difficult to eradicate. Trying to cope with its budget problems, Greece announced ...

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Greece Unveils Austerity Measures

15 hours ago ago from Wall Street Journal

ATHENS The Greek government, facing pressure from financial markets on one side and union protests on the other, Tuesday announced measures to cap public-sector salaries and reform the country's tax code in a bid to fix the country's finances. "The outlines of the [public sector] wage policy, as well as the tax reform policy, are part of the broader effort to reform our public finances," Finance Minister George Papaconstantinou said at a ...

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Unemployment taxes slam businesses

15 hours ago ago from CNN Money

Unemployment taxes slam businesses By Tami Luhby , senior writer February 9, 2010: 10:48 AM ET NEW YORK (CNNMoney.com) -- Employers are getting hit with a massive tax hike at a time when they can least afford it. Companies in at least 35 states will have to fork over more in unemployment insurance taxes this year, according to the National Association of State Workforce Agencies. The median increase will ...

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Damien Hoffman: Unemployment Tax Hikes Punish Greediest States

9 hours ago ago from Huffington Post

If you've been self-employed, you are familiar with the time-tested axiom: "Always put some money aside for a rainy day." Unfortunately, politicians sustain their business by giving away as many tax dollars as possible to those who can best influence re-election. This ass-backwards business model has now come back to haunt states which got drunk on giveaways during the boom. CNNMoney reports that one of the greediest and least thoughtful ...

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Unemployment Taxes for Companies Skyrocket in 35 States

17 hours ago ago from Politics Daily

Given persistent job losses in the struggling economy, companies in at least 35 states are seeing their unemployment taxes jump an average of nearly 30 percent, CNN reports . Many of the hikes will happen automatically as prolonged unemployment triggers state laws governing unemployment insurance programs. Other states have voted to raise the taxable base wage or tax rate. The states are seeking ways to restore their unemployment insurance ...

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