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170 Results found for tax hikes

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How the Minnesota Senate race became a purity test for the far Left
How the Minnesota Senate race became a purity test for the far Left
 
From tax hikes to gun bans and plenty of woke to go around, it's pedal to the metal in Richmond.
From tax hikes to gun bans and plenty of woke to go around, it's pedal to the metal in Richmond.
 
Robert F. Kennedy Jr. announced on Monday that he is dropping his 2024 presidential bid in the Democratic Party and will now run as an independent.
Robert F. Kennedy Jr. announced on Monday that he is dropping his 2024 presidential bid in the Democratic Party and will now run as an independent.
 
Yesterday a House Judiciary Committee held discussions about a Taxpayer Bill of Rights (TABOR) amendment to restrain state budget growth.
Yesterday a House Judiciary Committee held discussions about a Taxpayer Bill of Rights (TABOR) amendment to restrain state budget growth.
 
The North Carolina House, Senate, and governor have each released their budget proposals for the upcoming biennium
 
The new proposed tax cut schedule would lower the personal income tax rate to 2.49% after 2026.
The new proposed tax cut schedule would lower the personal income tax rate to 2.49% after 2026.
 
House Speaker Kevin McCarthy (R-CA) announced on Monday that lawmakers would soon vote to raise the debt ceiling for one year and seek to slow spending increases for federal agencies.
House Speaker Kevin McCarthy (R-CA) announced on Monday that lawmakers would soon vote to raise the debt ceiling for one year and seek to slow spending increases for federal agencies.
 
House Republicans sent letters to protect faith-based entities from discrimination in the federal budget due to their views on traditional marriage.
House Republicans sent letters to protect faith-based entities from discrimination in the federal budget due to their views on traditional marriage.
 
Higher spending and lower revenue intake produced a $1.1 trillion budget deficit in the first six months of fiscal year 2023, according to a report released Monday by the Congressional Budget Office.
Higher spending and lower revenue intake produced a $1.1 trillion budget deficit in the first six months of fiscal year 2023, according to a report released Monday by the Congressional Budget Office.
 
My latest piece at the American Institute for Economic Research discusses the particularly harmful impact progressive income taxes have on productivity and the poor.
My latest piece at the American Institute for Economic Research discusses the particularly harmful impact progressive income taxes have on productivity and the poor.
 
The White House responded to a budget cut proposal from the House Freedom Caucus with a series of criticisms that the group’s senior lawmaker calls “preposterous.”
The White House responded to a budget cut proposal from the House Freedom Caucus with a series of criticisms that the group’s senior lawmaker calls “preposterous.”
 
The showdown over the future of the federal budget is taking shape as President Joe Biden releases his fiscal year 2024 spending proposal and House Republicans prepare to leverage their new majority to block the plan.
The showdown over the future of the federal budget is taking shape as President Joe Biden releases his fiscal year 2024 spending proposal and House Republicans prepare to leverage their new majority to block the plan.
 
The budget proposal submitted by the White House on Thursday would add roughly $43 billion in funding to the Internal Revenue Service, also known as the IRS, months after the tax enforcement agency received $80 billion through the Inflation Reduction Act.
The budget proposal submitted by the White House on Thursday would add roughly $43 billion in funding to the Internal Revenue Service, also known as the IRS, months after the tax enforcement agency received $80 billion through the Inflation Reduction Act.
 
Republican lawmakers denounced the fiscal year 2024 budget proposal released by President Joe Biden on Thursday.
Republican lawmakers denounced the fiscal year 2024 budget proposal released by President Joe Biden on Thursday.
 
President Joe Biden unveiled record spending and several new tax increases on Thursday in his budget proposal for fiscal year 2024.
President Joe Biden unveiled record spending and several new tax increases on Thursday in his budget proposal for fiscal year 2024.
 
North Carolina would face a new limit on state government spending growth under the Taxpayer Protection Act legislation filed Monday in the N.C. House.
North Carolina would face a new limit on state government spending growth under the Taxpayer Protection Act legislation filed Monday in the N.C. House.
 
North Carolina lawmakers cut taxes in the last biennium budget, lowering the dollar amount workers owe to the state.
North Carolina lawmakers cut taxes in the last biennium budget, lowering the dollar amount workers owe to the state.
 
The federal government’s budget is in such disarray that balancing the books would require a 30% spending cut or a 40% increase in taxes, a recent study found.
The federal government’s budget is in such disarray that balancing the books would require a 30% spending cut or a 40% increase in taxes, a recent study found.
 
North Carolina’s state government revenues continue to exceed expectations. According to the new state budget Director Kristen Walker, revenues for the current fiscal year that began July 1 are 10% higher than expected, as reported by the Associated Press.
North Carolina’s state government revenues continue to exceed expectations. According to the new state budget Director Kristen Walker, revenues for the current fiscal year that began July 1 are 10% higher than expected, as reported by the Associated Press.
 
But All Five Local Sales Tax Proposals Were Defeated
 
Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
Local governments turning to bonds and sales tax referendums due to rising interest rates and inflation.
 
Large COLA this year caused by inflation will likely mean Social Security tax hikes or benefit cuts in the near future
Large COLA this year caused by inflation will likely mean Social Security tax hikes or benefit cuts in the near future
 
The question isn’t whether a massive buildout of offshore wind capacity off North Carolina beaches would lead to fewer jobs and less economic growth than otherwise, but how extensive the losses would be
The question isn’t whether a massive buildout of offshore wind capacity off North Carolina beaches would lead to fewer jobs and less economic growth than otherwise, but how extensive the losses would be
 
Republican Florida Governor Ron DeSantis’ fiery press secretary has resigned from her state office in order to act as his re-election campaign’s rapid response director.
Republican Florida Governor Ron DeSantis’ fiery press secretary has resigned from her state office in order to act as his re-election campaign’s rapid response director.
 
Entrepreneur Elon Musk slammed Democrats in a tweet on Monday over a proposal they are considering that would tax unrealized capital gains.
Entrepreneur Elon Musk slammed Democrats in a tweet on Monday over a proposal they are considering that would tax unrealized capital gains.
 
In addition to the inflation tax, the tax burden would also hit poor the hardest
 
On July 27, Democrat U.S. Sens. Joe Manchin of West Virginia and Chuck Schumer of New York announced they had reached a deal on a budget reconciliation bill they were calling the “Inflation Reduction Act of 2022.”
On July 27, Democrat U.S. Sens. Joe Manchin of West Virginia and Chuck Schumer of New York announced they had reached a deal on a budget reconciliation bill they were calling the “Inflation Reduction Act of 2022.”
 
Small businesses across the country are in danger due to Democrats’ Net Investment Income Tax (NIIT) proposal. With this legislation, 66 percent of small businesses in North Carolina are in at risk of taking the blow from Joe Biden’s tax hike – that’s over 2.2 million jobs on the line.
Small businesses across the country are in danger due to Democrats’ Net Investment Income Tax (NIIT) proposal. With this legislation, 66 percent of small businesses in North Carolina are in at risk of taking the blow from Joe Biden’s tax hike – that’s over 2.2 million jobs on the line.
 
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