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Sales tax allocations stay down, causing future budgetary concerns
16 hours ago ago from Eye on Williamson
The sales tax numbers for Austin and Round Rock as well as the state as a whole continue their slide. Austin's allocations are 8.73% lower this December than last, and down 10.64% for the year. Round Rock's are even worse 21.76% for December and 12.43% for the year. (List of Top 20 cities in Texas allocations). For Williamson County cities as a whole allocations are down 17.05% in December and 9.91% for the year. (List of cities by ...
Related contentLabour’s Pre-Budget Report or Election Manifesto?
21 hours ago ago from Denzil Coulson
What we needed was a national economic plan but what we got was a weak party manifesto. The Chancellor has ducked the hard choices on spending and cuts. Instead of facing up to reality he has chosen to move the goal posts by relying on fanciful growth forecasts. He could have used this Budget to make the tax system fairer. But instead people on middle incomes will be paying more tax while those at the top end continue to enjoy ...
Related contentBalancing the books
20 hours ago ago from The Quiet Road
Yesterday over in London the New Labour government delivered a pre-budget report . This is essentially a way to test the reaction of the electorate to the contents of the budget without going through the hassle of leaking stuff through journalists. And despite the fact that opposition parties are wailing and gnashing their teeth based on claims that they'd make a 5% adjustment here and 4.2% adjustment there , there was ultimately little of ...
Related contentImportant News - Dec. 10
20 hours ago ago from InvestmentWatch
Top 10 Countries Most Likely To Default Lebanon, one of the most heavily indebted states in the world, completed a debt swap in March for around $2.3 billion of foreign currency paper maturing this year. 1) U.S. Foreclosures to Reach 3.9 Million in Second Record Year Dec. 10 (Bloomberg) Foreclosure filings in the U.S. will reach a record for the second consecutive year with 3.9 million notices sent to homeowners in default, ...
Related contentGood News For People Who Love Bad News
20 hours ago ago from The Come And Take It Blog
Speaking in Waco yesterday, the Dew painted a bleak picture of the state’s finances: Lt. Gov. David Dewhurst discussed a proposal to cut state agency spending during the next 3 1/2 years, hoping to offset a budget deficit and projected shortfalls, during a visit to Waco on Wednesday. The state’s structural budget deficit — the result of 2006 school property tax cuts that weren’t offset by business taxes — along with the bleak ...
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Expect budget pains for education in Virginia
7 hours ago ago from Media General - TriCities.com
Search: Keyword Site Web | RSS + - Text Size Print Share This Expect budget pains for education in Virginia By Bristol Herald Courier Editorial Board Published: December 11, 2009 The day of financial reckoning is upon us. In fact, expect it to arrive next Friday when Virginia Gov. Tim Kaine delivers his final ...
Related contentGerman Budget Sees Spending Rising by 11%
3 hours ago ago from Wall Street Journal
BERLIN -- German Finance Minister Wolfgang Sch uble is set to finalize the new government's first budget, which will be based on record debt levels and a gloomy outlook for public finances. In a meeting with his counterparts from Germany's 16 states, Mr. Sch uble presented figures that put his government's net debt requirement at 86 billion ($126.6 billion) for next year -- more than twice the 37.5 billion predicted for this year. ...
Related contentFederal Budget Deficit For November Hits $120.3 Billion
16 hours ago ago from Media General - WJBF.com
Search: Keyword Site Web | RSS + - Text Size Print Share This Federal Budget Deficit For November Hits $120.3 Billion The federal deficit for the first two months of the new budget year is piling up faster than last year's record imbalance. Economists worry the flood of red ink could push interest ...
Related contentFrance Uses Tax To Attacks Bank Bonuses, Following U.K.'s Lead
20 hours ago ago from Huffington Post
ft.com : President Nicolas Sarkozy is to follow Britain's lead and impose a one-off tax on bonus pay-outs by banks operating in France. The French government intends to include the 50 per cent tax in the budget bill going through parliament. It will be levied on bonuses above €27,000 (£24,400, $40,000) and will be paid by the banks, bringing Paris in line with London Read the whole story: ft.com
Related contentHouse adopts spending measure over GOP protests
17 hours ago ago from PopEater
WASHINGTON -The House has passed a massive year-end spending bill awarding generous funding boosts to domestic programs despite massive budget deficits. The wrapup measure totals $1.1 trillion, combining six spending bills for 10 Cabinet departments into a 1,088-page bundle packed with more than 5,000 back-home projects sought by lawmakers. The 221-202 vote sends the House-Senate compromise measure to the Senate, which may vote on it this ...
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