Taxation

HOW TO DEAL WITH THE DEBT LIMIT

JUNE 17, 2011 The White House and Congress should agree to a hard cap on spending. James A. Baker III,   Mr. Baker was President Ronald Reagan’s secretary of the Treasury from 1985-88. If the United States does not address its looming debt crisis, the cost of servicing the national debt will spiral out of control.

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NC LAWMAKERS OVERRIDE HISTORIC PERDUE BUDGET VETO

By GARY D. ROBERTSON Associated Press Wednesday, June 15, 2011 A North Carolina state government budget written by Republicans that cuts taxes, scales back environmental controls and trims courts and dozens of agencies became law Wednesday despite Democratic Gov. Beverly Perdue’s arguments it would eliminate tens of thousands of jobs. The two-year spending plan took

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AN INTERVIEW WITH MICHELE BACHMANN

JUNE 11, 2011 ‘On the Beach, I Bring von Mises’ The tea party favorite on her start in politics, where she learned her economics, and why she disagrees with Reagan on the War Powers Resolution. By STEPHEN MOORE “If I’m in, I’ll be all in,” says Rep. Michele Bachmann of Minnesota, artfully dodging my question

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JOHN LOCKE FOUNDATION MORNING UPDATE

June 09, 2011 – carolinajournal.com Carolina Journal Exclusive Feds Push for National Vehicle Mileage-Based Tax By Karen McMahan RALEIGH — Critics of a vehicle mileage-based tax note that boosting the cost of driving might push more commuters into public transit — a goal of the administration and advocates of a “smart growth” urban planning agenda.

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CALIFORNIA IS DROWNING IN STATE AGENCIES

WONDER WHY CALIFORNIA IS BROKE? These are all California State Agencies California Academic Performance Index (API) * California Access for Infants and Mothers * California Acupuncture Board * California Administrative Office of the Courts * California Adoptions Branch * California African American Museum * California Agricultural Export Program * California Agricultural Labor Relations Board * California

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A 62% TOP TAX RATE? – STEPHEN MOORE

MAY 26, 2011 Democrats have said they only intend to restore the tax rates that existed during the Clinton years. In reality they’re proposing rates like those under President Carter. By STEPHEN MOORE Media reports in recent weeks say that Senate Democrats are considering a 3% surtax on income over $1 million to raise federal

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PAUL RYAN – THE BUDGET DEBATE WE ALL DESERVE

THE CHICAGO TRIBUNE Paul Ryan (R-WI). (Tribune file photo) By Paul RyanMay 16, 2011 Despite Washington coming to grips with the fact that the debt threat is real, policymakers still are not having the debate Americans deserve. The talk is too often restricted to “shared sacrifice.” This sets up a debate where we are really

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CALIFORNIA’S TAX REVOLT – IN FAVOR OF HIGHER RATES

MAY 14, 2011 Education spending and student-teacher ratio are about where they were in 2004. The real problem is that tax dollars are being diverted for teacher benefits. By ALLYSIA FINLEY Fullerton, Calif. Thousands of California teachers turned out this week to protest potential budget cuts to education and to urge lawmakers to raise taxes.

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