Search Results for: wealth tax – Page 7
Business & Economics
Congress will show economic leadership by extending tax cuts
In 2001 and 2003, under the administration of George W. Bush, Congress passed significant tax reductions. These will expire on December 31, if Congress does nothing. Instead, Congress should seize the opportunity to show economic leadership, by extending the cuts and cutting federal spending. The current debate in Washington centers ...
Business & Economics
LA TIMES: There’s no defense for the estate tax
In his July 6 Op-Ed, law professor Ray D. Madoff made a case for the estate tax, claiming that it promoted tax fairness and economic growth. Madoff is wrong on both counts. The estate tax violates common principles of justice and stifles economic growth. Congress should permanently lock in this ...
Business & Economics
Democrats dreamin’ — a public demanding tax hikes
California’s Assembly Democrats want you to be part of the state’s budget solution, which is how they are touting a series of live budget forums across the state. One took place Saturday in San Diego and the next one is scheduled May 13 in the Bay Area city of Albany. ...
Business & Economics
What do we get in return for our taxes?
As Tax Day approaches, Americans rummage for misplaced receipts and dread any letters from the Internal Revenue Service. Most Americans remain unaware that for almost a century America got along just fine with no federal income tax at all. To help fund the Civil War, the federal government introduced its ...
Commentary
Tax-credit scholarships could ease school funding burden
Gov. Chris Christie has proposed freezing $475 million in education spending to help shrink New Jersey’s $2.2 billion budget deficit, focusing on school districts with budget surpluses. (“Deep budget cuts carry economic risk for N.J.,” Feb. 14.) This plan raises concerns about punishing fiscally responsible school districts. It also raises ...
Health Care
The Rich Get Richer: The Senate’s Medicaid Proposal Gives a Bigger Bailout to Wealthier States
Imagine that you were inspecting a swimming pool that was cracked and leaking water, such that anyone who dove into it would be at risk of cracking his head on the bottom. You would likely make it a priority to fix the pool. However, if the pool were on a ...
Commentary
Bye Bye ‘Cadillac’ Tax?
As congressional negotiators wrangle this morning over whether to soften the potential blow of the so-called “Cadillac” tax or kill it altogether, health care insiders on National Journal’s Health Care Expert Blog are discussing the plan’s effect on controlling skyrocketing costs. When congressional Democrats meet with President Obama today, the ...
Business & Economics
Policies Should Promote Wealth Creation
What causes poverty? That’s what North Carolina’s “Poverty Reduction and Economic Recovery Commission” — which met again last week — claims to be investigating. Specifically, the law that created the commission declares “an understanding of the causes and effects of poverty are critical in the reduction of poverty and economic ...
Business & Economics
Torts, taxes hinder Pennsylvania’s prosperity
Editor’s note: This is the fifth in a series of occasional commentaries on how Pennsylvania can turn around its economic fortunes. Wrongheaded economic development policies and one of the nation’s worst labor climates are serious impediments to Pennsylvania’s prosperity. As if those obstacles were not enough, the commonwealth also has ...
Business & Economics
Poizner says he’ll increase state revenue by cutting California’s tax rates
Despite projections that the next governor will inherit multibillion-dollar deficits, Republican gubernatorial candidate Steve Poizner on Tuesday promised to slash taxes on personal income, corporations and sales. Poizner said that as part of his “Jobs Plan,” he would reduce those rates by one-tenth, as well as cut capital gains taxes ...
Congress will show economic leadership by extending tax cuts
In 2001 and 2003, under the administration of George W. Bush, Congress passed significant tax reductions. These will expire on December 31, if Congress does nothing. Instead, Congress should seize the opportunity to show economic leadership, by extending the cuts and cutting federal spending. The current debate in Washington centers ...
LA TIMES: There’s no defense for the estate tax
In his July 6 Op-Ed, law professor Ray D. Madoff made a case for the estate tax, claiming that it promoted tax fairness and economic growth. Madoff is wrong on both counts. The estate tax violates common principles of justice and stifles economic growth. Congress should permanently lock in this ...
Democrats dreamin’ — a public demanding tax hikes
California’s Assembly Democrats want you to be part of the state’s budget solution, which is how they are touting a series of live budget forums across the state. One took place Saturday in San Diego and the next one is scheduled May 13 in the Bay Area city of Albany. ...
What do we get in return for our taxes?
As Tax Day approaches, Americans rummage for misplaced receipts and dread any letters from the Internal Revenue Service. Most Americans remain unaware that for almost a century America got along just fine with no federal income tax at all. To help fund the Civil War, the federal government introduced its ...
Tax-credit scholarships could ease school funding burden
Gov. Chris Christie has proposed freezing $475 million in education spending to help shrink New Jersey’s $2.2 billion budget deficit, focusing on school districts with budget surpluses. (“Deep budget cuts carry economic risk for N.J.,” Feb. 14.) This plan raises concerns about punishing fiscally responsible school districts. It also raises ...
The Rich Get Richer: The Senate’s Medicaid Proposal Gives a Bigger Bailout to Wealthier States
Imagine that you were inspecting a swimming pool that was cracked and leaking water, such that anyone who dove into it would be at risk of cracking his head on the bottom. You would likely make it a priority to fix the pool. However, if the pool were on a ...
Bye Bye ‘Cadillac’ Tax?
As congressional negotiators wrangle this morning over whether to soften the potential blow of the so-called “Cadillac” tax or kill it altogether, health care insiders on National Journal’s Health Care Expert Blog are discussing the plan’s effect on controlling skyrocketing costs. When congressional Democrats meet with President Obama today, the ...
Policies Should Promote Wealth Creation
What causes poverty? That’s what North Carolina’s “Poverty Reduction and Economic Recovery Commission” — which met again last week — claims to be investigating. Specifically, the law that created the commission declares “an understanding of the causes and effects of poverty are critical in the reduction of poverty and economic ...
Torts, taxes hinder Pennsylvania’s prosperity
Editor’s note: This is the fifth in a series of occasional commentaries on how Pennsylvania can turn around its economic fortunes. Wrongheaded economic development policies and one of the nation’s worst labor climates are serious impediments to Pennsylvania’s prosperity. As if those obstacles were not enough, the commonwealth also has ...
Poizner says he’ll increase state revenue by cutting California’s tax rates
Despite projections that the next governor will inherit multibillion-dollar deficits, Republican gubernatorial candidate Steve Poizner on Tuesday promised to slash taxes on personal income, corporations and sales. Poizner said that as part of his “Jobs Plan,” he would reduce those rates by one-tenth, as well as cut capital gains taxes ...
