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They tell me I was born there, but I really don’t remember

Give these people tax cuts tout suite (via via): It’s all very cordial: In the fall, Mr. Mellon and Ms. Hanley Mellon, 36, plan to introduce Hanley Mellon, their own clothing line. They are not exactly starting from the gutter. Mr. Mellon, who comes from the Mellon and Drexel families of Bank of New York [Read more...]

Documentary Video: WACO Rules of Engagement

Ronnie Reagan emptying the patients of psychiatric hospitals into the prison system for tax cuts for the wealthy and WACO were the two events that formed my skeptical mindset on the federal government.

Union-backed group says state spending, not tax cuts, helps business

By Benjamin Yount | Illinois Watchdog SPRINGFIELD, Ill. — As Illinois stumbles toward three possible tax increases, a union-backed tax group says any one would be better for small businesses than a tax cut. TAX TALK: If lower taxes don’t create jobs, how can higher taxes help? “It matters, particularly for small businesses, to invest...

Congressman Bill Foster Explains Why Middle Class Tax Cuts Lead to Economic Growth

[Bill Foster (IL-11) says it better than I could myself--MMC] Washington, DC, Friday, April 4, 2014 -- Today, Congressman Bill Foster (IL-11) spoke on the House floor against H.R. 1874, which would direct the Congressional Budget Office to selectively use dynamic scoring in its analyses of tax and budget legislation. Show More Summary

Nick Clegg speaks at Welsh Conference

On Saturday, Nick Clegg spoke at the Welsh Liberal Democrat Spring Conference about the Liberal Democrats’ achievements and plans for the coming years. On the eve of the new tax year, Nick Clegg spoke about the £700 tax cut that over 24 million people received across the country at the weekend. He also spoke about […]

24 million people will get a £700 tax cut today

Today, 24 million people will receive a £700 tax cut compared to 2010. This will put £700 back in the pockets of the lowest earners. Thanks to the Liberal Democrats, the new income tax personal allowance kicks in, reaching £10,000. It means 24m working people are paying £700 less in income tax than they were […]

Weekly Tax Roundup

Barron's, Danger Ahead for Tax Loopholes: An Interview With Tax Guru Robert Willens Citizens for Tax Justice, Another Ryan Budget Gives Millionaires Average Tax Cut of At Least $200,000 Citizens for Tax Justice, Corporate Tax Explorer Corporate Counsel, The Government Will Keep Those FICA Taxes, Thanks New York Times, Corporate...

Missouri Senate Passes Problematic Income Tax Cut Plan

Missouri’s state Senate this week passed a $621 million tax cut including a 0.5 percentage point income tax reduction and a special carveout to deduct up to 25 percent of business income. We recently wrote about tax cut proposals passed...Show More Summary

IBO: City faces pressure to extend state biz tax cuts

New York City will come under “great pressure” to extend tax cuts for banks that were approved in the state budget, a move that may cost hundreds of millions of dollars, the Independent... To view the full story, click the title lin...

Labour's plan to reduce tuition fees is a tax cut for bankers and lawyers

How do you spend £1.7 billion? Tax relief for City high-flyers is Labour's new answer. In the wake of the Tories' post-Budget poll bounce, Labour has been searching for a bright new policy to counter the despair engulfing some MPs. They now hope to have found it, by reducing annual tuition fees from their current level [...]

Income tax cuts will benefit 26 million people from 6 April 2014

As a result of a landmark government policy and a key plank of the long-term economic plan, over 3 million people will have been taken out of income tax altogether from this weekend. This is thanks to a series of increases in the tax-free personal allowance to £10,000 in 2014 to 2015. This means that […]

Lessons for Other States from Kansas' Massive Tax Cuts: Live from The Roasterie CXXX: March 31, 2014

Michael Leachman and Chris Mai: Lessons for Other States from Kansas' Massive Tax Cuts: "Kansas is a cautionary tale, not a model. >As other states recover from the recent recession and turn toward the future, Kansas’ huge tax cuts have...Show More Summary

The Tories are repeatedly reminding voters of their achievements – finally

It’s no surprise that the Conservatives want to take the credit for the tax cuts in the Budget, or that the Lib Dems are rather peeved about this. The Chancellor… Continue reading The post The Tories are repeatedly reminding voters of their achievements – finally appeared first on Spectator Blogs.

JIM TREACHER: TV show that mocks the Tea Party demands millions in tax breaks. I say, repeal the…

JIM TREACHER: TV show that mocks the Tea Party demands millions in tax breaks. I say, repeal the Hollywood tax cuts!

Don’t Be Kansas: Impact of Massive Tax Cuts on Kansas Offers a Warning to Wisconsin

Wisconsin lawmakers advocating for more tax cuts should consider the example of Kansas, a state that has pushed through enormous tax cuts and that has been held up by tax-cut proponents as a model worth replicating.

Kansas Income Tax Cuts: Boom, Bust, or Wash?

Yesterday, the Center on Budget & Policy Priorities (CBPP) attacked the recent tax cut package in Kansas (which changes the three-bracket 3.5%/6.25%/6.45% income tax into a two-bracket 3.0%/4.9% income tax, and perhaps even lower if revenue growth exceeds a stated threshold). Show More Summary

Sorry Arkansas, our taxes still stink

By Nic Horton | The Arkansas Project I know y’all have already heard about the incredible tax cuts Arkansas passed last year — and that, combined with the immense, nearly immeasurable economic growth that’s coming from Medicaid expansion, we will soon be surpassing Texas’s economy. Unfortunately, our friends at the Tax Foundation have deflated these...

Taxes: On Cuts, Sins, and Severance

There’s more than one way to cut a tax. Wisconsin just enacted a $541 million tax cut, including $406 million in property tax reductions and $98 million in lower state income taxes. Minnesota just cut $443 million in taxes, benefiting among others, “college students, educators, lower income families and those with mortgage insurance deductions.” There’s […]

Grover Norquist and the Kochs take on Tennessee GOP

The anti-tax activists declare war on Republicans in the Volunteer State who say a new tax cut is unaffordable...

Wisconsin Governor Walker signs $504 million tax cut

MILWAUKEE (Reuters) - Wisconsin Governor Scott Walker, a Republican, on Monday signed into law a measure that uses the state's projected surplus to give a tax break of more than $500 million to workers and property owners.

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