Tax Hikes

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Republican and Democratic congressional leaders are stepping up their war of words over a looming lame-duck session that is already being described as "chaos in Congress," as they gird for a marathon debate tackling everything from the debt ...
May 19, 2012 at 23:56 | Source: FOX News
WASHINGTON — The Congressional Budget Office warned that the country could be thrown into a recession if Congress tries to reduce the nation’s deficit quickly with a combination of budget cuts and higher taxes scheduled to take place at the ...
May 23, 2012 at 13:57 | Source: Boston Herald
(NECN: Katelyn Tivnan, Worcester, Mass.) - A city council meeting in Worcester is expected to be packed Tuesday night with residents and business owners worried about expected tax hikes. Some are facing the prospect of staggering increases. Susan mailman's ...
May 22, 2012 at 22:12 | Source: NECN
WELLINGTON, New Zealand -- There are smoke-free bars, smoke-free parks, even smoke-free college campuses. But a smoke-free country? New Zealand's government on Thursday squeezed smokers more than ever by announcing a 40 percent hike in tobacco taxes over ...
May 26, 2012 at 04:07 | Source: Pittsburgh Post-Gazette
WASHINGTON — A new government study released Tuesday says that allowing Bush-era tax cuts to expire and a scheduled round of automatic spending cuts to take effect would probably throw the economy into a recession. The Congressional Budget ...
May 22, 2012 at 20:18 | Source: Washington Post
A popular first-term Kansas City mayor looks around and sees troubling signs of decay. Crumbling streets and bridges. Crime. Too few good-quality jobs. His answer? Higher taxes. It sounds like Sly James, but of course it isn’t. It’s then ...
May 16, 2012 at 01:55 | Source: Kansas City Star
SACRAMENTO (AP) – California Gov. Jerry Brown proposed more than $8 billion in cuts Monday to close a widening state budget deficit that he blamed partly on a slower-than-expected economic recovery. In addition to making cuts to a wide array ...
May 14, 2012 at 18:18 | Source: USA Today
PARIS (Reuters) - Japan should stick to its plan of raising the consumption tax from 2014 or even earlier to demonstrate budget prudence and avert a run-up in borrowing costs, the OECD said, adding that a credible fiscal consolidation plan must ...
May 22, 2012 at 08:29 | Source: Reuters
A tug-of-war over tax hikes for law enforcement and fire protection erupted Tuesday among Lexington County Council members. The nine council members are divided over adding about $7.50 to the yearly bill of a $100,000 home to give deputies more ...
May 23, 2012 at 03:56 | Source: The State
Senate leaders say lawmakers can take a major step toward balancing future budgets without tax hikes by voting to legalize table games and a new casino in Prince George’s County during an expected special session this summer. However ...
May 16, 2012 at 23:59 | Source: Washington Times