Showing posts with label Governance Taxes. Show all posts

Tuesday, January 03, 2012

Washington Post editorial board: Overcharged - Pull the plug on electric-car subsidies

Overcharged

Congress declined to renew either the 45-cent-per-gallon tax credit for corn-based ethanol or the 54-cent-per-gallon tariff on imported ethanol, so both expired Dec. 31.

By Editorial Board, Published: January 1

http://www.washingtonpost.com/opinions/overcharged/2011/12/30/gIQAzQ0yUP_story.html

THERE MAY NOT have been a party in Times Square to celebrate, but two of the most wasteful subsidies ever to clutter the Internal Revenue Code went out with the old year. Congress declined to renew either the 45-cent-per-gallon tax credit for corn-based ethanol or the 54-cent-per-gallon tariff on imported ethanol, so both expired Dec. 31.

Taxpayers will no longer have shell out roughly $6 billion per year for a program that badly distorted the global grain market, artificially raised the cost of agricultural land and did almost nothing to curb greenhouse gas emissions. A federal law requiring the use of 36 billion gallons of ethanol for fuel by 2022 still props up the industry, but the tax credit’s expiration is a victory for common sense just the same.... http://www.washingtonpost.com/opinions/overcharged/2011/12/30/gIQAzQ0yUP_story.html

Meanwhile, a lesser-known but equally dubious energy tax break also expired when the year ended Saturday: the credit that gave electric-car owners up to $1,000 to defray the cost of installing a 220-volt charging device in their homes — or up to $30,000 to install one in a commercial location... http://www.washingtonpost.com/opinions/overcharged/2011/12/30/gIQAzQ0yUP_story.html

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Wednesday, December 28, 2011

Washington Examiner - Rachel Baye: Franchot: Don't raise taxes in Maryland

How did I miss this:

Franchot: Don't raise taxes in Maryland

http://washingtonexaminer.com/news/business/2011/11/franchot-dont-raise-taxes-maryland?utm_source=feedburner+dcexaminer/Local&utm_medium=feed+Washington+Examiner%27s+DC-area+news&utm_campaign=Feed%253

By: Rachel Baye | 11/09/11 8:05 PM
Examiner Staff Writer

Maryland Comptroller Peter Franchot

Maryland should institute a two-year moratorium on all tax and fee increases, Comptroller Peter Franchot said at a meeting of the Board of Revenue Estimates.

"The economy right now is too fragile, and introducing new taxes or increased fees would just be an increased hardship on Maryland families," said Comptroller spokesman Joseph Shapiro.

Franchot pointed to stagnant job growth and the state's 7.4 percent unemployment rate.

Franchot's urging comes less than two weeks after a state panel recommended raising gasoline and titling taxes, as well as a number of other fees, to fund the $12 billion the state needs for transportation projects. Montgomery County Executive Ike Leggett, Prince George's County Executive Rushern Baker and Baltimore Mayor Stephanie Rawlings-Blake urged state lawmakers last month to support these revenue-earning efforts. Read more at the Washington Examiner: http://washingtonexaminer.com/news/business/2011/11/franchot-dont-raise-taxes-maryland?utm_source=feedburner+dcexaminer/Local&utm_medium=feed+Washington+Examiner%27s+DC-area+news&utm_campaign=Feed%253

Washington Examiner - Rachel Baye: Franchot: Don't raise taxes in Maryland

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Wednesday, December 14, 2011

The Tax Man Cometh - Bill O'Reilly - Townhall Conservative

The Tax Man Cometh - Bill O'Reilly - Townhall Conservative:

This week Caesar came for me, demanding my tax obligation. As a 1 percenter, my burden was substantial, but I'm not whining. I love my country and understand it needs money to fulfill its obligations. So the check is in the mail... http://townhall.com/columnists/billoreilly/2011/12/10/the_tax_man_cometh/page/full/

'via Blog this'

http://kevindayhoff.blogspot.com/2011/12/tax-man-cometh-bill-oreilly-townhall.html

The Tax Man Cometh by Bill O'Reilly

http://townhall.com/columnists/billoreilly/2011/12/10/the_tax_man_cometh/page/full/

Dec 10, 2011

Tags: Government Spending, Barack Obama, Tax Relief, Taxes

This week Caesar came for me, demanding my tax obligation. As a 1 percenter, my burden was substantial, but I'm not whining. I love my country and understand it needs money to fulfill its obligations. So the check is in the mail.

Thirty-five years ago, I was broke, having just graduated from Boston University with a master's degree in broadcast journalism. I was lucky enough to get hired as a reporter in Scranton, Pa., at $150 a week. One problem: I couldn't pay my rent on that. So I picked up an additional $80 a month writing dopey gag lines for "Uncle Ted's Ghoul School," a Saturday night monster fright fest. Stuff like: "Listen, Drac, here's what's at stake."

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Sunday, December 04, 2011

Kenneth Schortgen Jr, Finance Examiner :New car purchases starting in June will have a mandatory black box installed

New car purchases starting in June will have a mandatory black box installed

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Kenneth Schortgen Jr

, Finance Examiner

May 25, 2011

Continue reading on Examiner.com New car purchases starting in June will have a mandatory black box installed - National Finance Examiner |

http://www.examiner.com/finance-examiner-in-national/new-car-purchases-starting-june-will-have-a-mandatory-black-box-installed

Beginning in June of 2011, all new cars manufactured and sold in the United States will be required to have a mandated black box device installed, which can be used to monitor several different physical and technical data points.

On May 24th, a report on the new regulatations to be implemented by the National Highway Traffic Safety Administration (NHTSA) next month expands the program that in February was just in a consideration phase.

The National Highway Traffic Safety Administration (NHTSA) is expected to issue new regulations next month, that will require a black box style data recorder be fitted in all new cars.

Similar in concept to the familiar black boxes used in commercial aircraft for decades, the boxes are expected to record information about speed, seat belt use and brake application in the final seconds leading up to an accident, the data can be retrieved for later analysis. – Dvice.com

The installation and use of these black boxes can have infinite possibilities for local, state, and federal governments to monitor and record data for a number of other revenue programs that are currently under consideration. In March, the Congressional Budget Office (CBO) issued a proposal to institute a tax on mileage to help pay for the federal budget deficit.... http://www.examiner.com/finance-examiner-in-national/new-car-purchases-starting-june-will-have-a-mandatory-black-box-installed

Continue reading on Examiner.com http://www.examiner.com/finance-examiner-in-national/new-car-purchases-starting-june-will-have-a-mandatory-black-box-installed

Kenneth Schortgen Jr, Finance Examiner :New car purchases starting in June will have a mandatory black box installed

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Friday, November 11, 2011

Politico: Christmas tree tax tabled by Obama

By TIM MAK | 11/9/11 http://www.politico.com/news/stories/1111/67933.html

The Obama administration learned Wednesday that it is no fun being the town Grinch.

On Tuesday, the administration gave the evergreen light for a new fee of 15 cents on all Christmas trees. But after a day of media attention and widespread criticism, the Obama administration confirmed to POLITICO that they were looking to delay the implementation of the fee.

“USDA is going to delay implementation and revisit this action,” said Matt Lehrich, a White House spokesman, while denying that the fee was a tax.

“I can tell you unequivocally that the Obama Administration is not taxing Christmas trees. What’s being talked about here is an industry group deciding to impose fees on itself to fund a promotional campaign, similar to how the dairy producers have created the “Got Milk?” campaign,” Lehrich said.

The new tax was meant to raise funds for an advertising campaign promoting the benefits of live trees, as opposed to artificial ones. The tax was expected to raise approximately $2 million, according to McClatchy News.

Conservatives had been in an uproar about the new tax.

“Does anyone in America - anyone? - believe that Christmas trees have a bad image that needs taxpayer-subsidized improvement?” wrote Sen. Jim DeMint (R-S.C.) on his blog Wednesday. “All I want for Christmas is a free market.” ... Read more: http://www.politico.com/news/stories/1111/67933.html

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Thursday, October 27, 2011

MarylandReporter.com: Groups share opinions on tax hikes

Thursday, October 27, 2011

Increased tax proposals get mixed reception

Proposals to raise the gas tax and flush tax are getting a mixed reaction, with business groups divided and other groups saying they are reasonable, but shouldn't preclude tax hikes for other needs.

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Today's State Roundup: Strategizing against PlanMaryland

Rural politicians to strategize against PlanMaryland; proposals for tax hikes and new fees to pay for roads and Bay cleanup continue to make news; massive new State Police facility near Hagerstown almost complete; Ehrlich takes the stand for Currie; and Charles County focuses on light rail line to D.C.

Have you checked out our new Government Meetings Schedule? It might save you a few clicks.

Editor and Publisher: Len Lazarick; Associate Editor: Megan Poinski; Roundup Editor: Cynthia Prairie

MarylandReporter.com is a 501(c)(3) nonprofit corporation, and contributions are tax-deductible. Donate here.

Labels: Governance Planning Sprawl Growth, Governance Taxes, MD Dept of Planning, MD Issues Taxes, Media Maryland Reporter, PlanMaryland, Planning

http://kevindayhoffwestgov-net.blogspot.com/2011/10/marylandreportercom-groups-share.html

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Kevin Dayhoff Soundtrack: http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://www.kevindayhoffart.com/

My http://www.explorecarroll.com/ columns appear in the copy of the Baltimore Sunday Sun that is distributed in Carroll County: https://subscribe.baltsun.com/Circulation/

Labels: Governance Planning Sprawl Growth, Governance Taxes, MD Dept of Planning, MD Issues Taxes, Media Maryland Reporter, PlanMaryland, Planning

http://kevindayhoffwestgov-net.blogspot.com/2011/10/marylandreportercom-groups-share.html

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Monday, October 17, 2011

Washington Post: O’Malley urges lawmakers to consider 15-cent gas-tax hike

O’Malley urges lawmakers to consider 15-cent gas-tax hike

www.washingtonpost.com

O’Malley said the General Assembly must begin considering a 15-cent increase to Maryland’s gas tax to fund road construction, public transit and other transportation projects...

Kevin Earl Dayhoff Gee, I shocked. Shocked, I tell you. Well, maybe not: http://www.thetentacle.com/ShowArticle.cfm?mydocid=4624 and http://www.thetentacle.com/ShowArticle.cfm?mydocid=4679

TheTentacle.com

www.thetentacle.com

In a little over a month, the Maryland General Assembly will hold its 15th speci...See More

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Wednesday, September 21, 2011

Kevin Dayhoff The Tentacle: Presidential Tax Attack

September 21, 2011

Presidential Tax Attack

Kevin E. Dayhoff

http://www.thetentacle.com/ShowArticle.cfm?mydocid=4637

Just as the United States’ economy teeters on the brink of a double-dip recession, President Barack Obama on Monday prescribed his solution – $1.5 trillion in new taxes.

Of course, the president’s plan has nothing at all to do with addressing the economic woes of the nation, creating jobs, stimulating the economy or dealing with the national debt. It is all about the president keeping his job in the face of his plummeting job approval ratings and an increasingly restless far-left political base.

When the president first took office, he enjoyed historically high approval ratings and his party held an overwhelming majority in both houses of Congress. Yet he could not get a tax increase passed.

That was before the political tsunami of last year’s elections, which witnessed the majority in the House go to Republicans, who are in no mood for a tax increase.

Zachary A. Goldfarb noted in a Washington Post piece last Sunday: “But his plan has little chance of passing and is already inflaming Republicans, who have vowed to oppose new taxes and have called for deep cuts in federal spending and entitlements. On Sunday, Republicans responded with vitriol to the proposal to create a special tax for millionaires.”

Rep. Paul Ryan (R., Wis.), chairman of the House Budget Committee, said for many on Fox News Sunday that “class warfare may make for really good politics, but it makes for rotten economics… It adds further instability to our system, more uncertainty, and it punishes job creation.”

http://www.thetentacle.com/ShowArticle.cfm?mydocid=4637

Kevin Dayhoff The Tentacle: Presidential Tax Attack:

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