Monthly Archive for Taxes
Taxes Stories Posted in September 2008
In the mail: Measure 2: A rare chance to cut your own taxes
Category: Taxes · State: North Dakota · Source: Grand Forks Herald
Recently, Measure 2 officially was certified for the Nov. 4 ballot. Voters will have a historic opportunity to vote on guaranteed tax relief, thanks to the work of 65 North Dakotans who helped put Measure 2 on the ballot. Every month, we hear new estimates of just how big the surplus will be. The latest number by the Office of Management and Budget pegs the projected surplus just less than $1.3 billion, with more than $450 million of that excess revenue occurring outside of the oil-tax windfall the state has enjoyed. Many people would like to debate which tax is the “right tax to cut,” but the simple fact is that the overall burden is the real issue. The income tax is drawn from every paycheck, and the property tax is paid in one lump sum each year. Yes, the property tax is a real problem, but the 2007 Legislature spent 78 days debating the property tax and came up with an income-tax credit.
Drink tax is kept off ballot
Category: Alcohol Sales · State: Pennsylvania · Source: Pittsburgh Post-Gazette
The Allegheny County Board of Elections yesterday ruled that both referendum questions on the 10 percent drink tax should not be placed on the November ballot because they are illegal according to county and state law. In a ruling that seems to be a bigger blow to the restaurateurs and bar owners than it is to the county, the three judges temporarily serving as Board of Elections members unanimously declined to certify either ballot initiative. Bar and restaurant owners wanted to decrease the drink tax to 0.5 percent from 10 percent. The county wanted a referendum to offset a loss in drink tax revenues with a property tax increase. The county judges, appointed to replace the regular board members because of their public positions on both measures, cited established case law -- Hempfield School District v. Lancaster County -- to knock down the referendum petition by the group Friends Against Counterproductive Taxation, called FACT. FACT is composed of restaurateurs and bar owners who have opposed the drink tax since it was proposed together with a $2-a-day tax on car rentals to fund mass transit. It submitted 44,598 petition signatures to the county elections office last month in support of a ballot initiative to ask voters whether they want a reduction in the drink tax.
Other Monthly Archives for Taxes
- September 2008 (2)