NY to pass new budget, lots of cuts, no new taxes
Posted: March 28, 2011 Filed under: Uncategorized | Tags: budget, new york, taxes Leave a commentNY Gov. Cuomo and state lawmakers agreed on a budget deal that would cut spending to close a $10 billion shortfall without new taxes or borrowing.
The $132.5 billion budget, will close as many as six prisons, and potentially result in the layoffs of 9,800 state workers.
The taxpayers of NY hope this account is true and await all the details.
Detroit Population Crashes to Level of 100 Years Ago
Posted: March 23, 2011 Filed under: Uncategorized | Tags: detroit, michigan, taxes Leave a commentDetroit’s population has crashed 25% in the past ten years to the level it was 100 years ago.
see similar situation in Chicago
This means, among other things, that people with money and therefore people who pay taxes won’t be around to tax anymore, making Detroit’s budget situation even more perilous.
Miami Mayor Ousted in Recall Election for Raising Property Taxes.
Posted: March 16, 2011 Filed under: Uncategorized | Tags: taxes Leave a commentHe was a “republican” tax hiker!
Politicians of all parties better get it together!
Go Miami!
Texas goes after Amazon for online sales taxes. Amazon to leave Texas.
Posted: March 11, 2011 Filed under: Uncategorized | Tags: taxes, texas Leave a commentTexas has demanded Amazon pay $269 million in uncollected sales taxes.
Amazon is fighting the tax bill and has announced it is closing its distribution center in Irving, Texas, and is also dropping expansion plans in the state which may cost the state 1,000 jobs.
Illinois Now Taxes Online Sales. Amazon etc.
Posted: March 11, 2011 Filed under: Uncategorized | Tags: illinois, taxes Leave a commentIllinois is now taxing its citizens for things they buy online. This will include when you buy from such companies as Amazon and other companies.
While the company must have affiliates in Illinois in order to qualify for the tax, most large companies do have affiliates and so you will likely be taxed.
Massachusetts $61.5 billion in debt, higher taxes and fees coming
Posted: March 9, 2011 Filed under: Uncategorized | Tags: budget, debt, economy, massachusetts, taxes, unions Leave a commentMassachusetts has a state budget of $28 billion for 2011. It got a $700 million bailout from the federal government to try to help balance the budget.
It is estimated it will have a deficit of $2 billion in 2012 (obviously they don’t have a balanced budget). Gov. Patrick plans to balance the 2012 budget by raising taxes, and shuffling funds around (the legal, but unethical practice used by most state governments to “balance” their budgets while they pray for the economy to get better. California is the leading expert in this tactic.).
The state has a healthy debt of $61.5 billion. Get ready for more taxes, fees and borrowing.
About 66% of all state and local government workers belong to unions, which cripples their budgets with their hefty health care and pension benefits, not to mention their generous salaries.
“Anti-tax” GOP Georgia Governor keeps raising taxes and fees
Posted: March 6, 2011 Filed under: Uncategorized | Tags: georgia, taxes Leave a commentTaxpayers who voted in “anti-tax” GOP Governor Sonny Perdue can only wish the former Democrats, who were more anti-tax, were now back in control.
Illinois raises state income tax 67%
Posted: March 2, 2011 Filed under: Uncategorized | Tags: budget, illinois, taxes Leave a commentThis is the largest income tax increase for any state since the latest recession.
The state already ranks very high for gasoline taxes, property taxes and sales taxes.
Hidden Camera: Tough Salary Negotiation at the Local Government Agency
Posted: February 26, 2011 Filed under: Uncategorized | Tags: debt, taxes, unions Leave a commentBreaking News: our hidden camera caught this government union worker in a tough negotiation with her greedy boss.
click to view union negotiation
Calif Taxpayers on hook for $500 billion more in state workers’ pensions
Posted: February 20, 2011 Filed under: Uncategorized | Tags: california, pensions, taxes, unions Leave a commentYes, you Calif taxpayers, many of whom do not have savings or pensions, will have to come up with $500 billion more in cash to pay for state worker pensions.
How are you going to do that?
Watch out, the politicians and unions are trying to figure out a way to make you do it. Can you say higher taxes?
click to read story of Stanford study