The White House and House of Representatives announced an “Economic Stimulus” package today. Here is a quick overview from the WSJ. -Tax rebates: Checks of at least $300 for almost everyone earning a paycheck, including low-income earners who make too little to pay income taxes, so long as they earned at least $3,000 in 2007. [...]
Recently the State of Tennessee voted to allow a Property Tax Freeze Program. This permits individual governments to enact a property tax freeze for their constituents. Blount County has voted to enact this for its residents. I disagreed with the program from the start, but after finding out the details in a letter I received today, I am even [...]
Nathan Moore has a good commentary on poverty and taxes, where he actually looks at a couple other blog posts. Check it out. Poverty is not an effect of societal inequality, it is a sum of bad decisions. There is really not much argument as to what the causes of poverty are – if you [...]
In the wake of Huckabee’s view on AIDS, another article surfaced about his statements to a Pastor’s Conference in 1998. Some think this may hurt him, but I tend to agree with RedState and think this may strengthen his support, especially with those that are currently supporting him. Here are some of Huckabee’s comments: “Government [...]
The Maryville (TN) City Council is weighing options to increase the property tax rate by 45 cents. That is a 22% increase (current city rate is $2.05 per $1,000). This is crazy. They say it is to raise money to modernize the schools. Don’t get me wrong; I am all for helping the schools, and [...]
According to an AP article, Bush is set to outline his plan to “help” mortgage holders. Offering federal help for strapped mortgage holders, President Bush is proposing to aid hundreds of thousands of borrowers hard hit by the housing slump. The president on Friday was to talk about several initiatives and reforms to help homeowners [...]
According an article in The Daily Times today (you have to wade through some other stuff to find it), a bill is being drafted in the House of Representatives to eliminate the mortgage interest tax deduction – but only on those “evil” houses over 3,000 square feet. The bill is being drafted by U.S. Rep. [...]
According to a Wall Street Journal article, a case in Missouri could determine if state and local governments can impose a current tax on cell phones. Clearly they have seen a decline in revenue now that more people have ditched the land lines and gone to VOIP or exclusively cell phones. We certainly don’t need [...]
The Augusta Chronicle published a good article about the FairTax rally that took place in Columbia, SC across the street from the GOP Presidential debate. The rally and march also stood out because the mainstream media hasn’t really sensed how serious this movement is, so it’s not on the radar screens of a lot of [...]
In Merrill, Wisconsin, a gas station owner is being forced to raise his prices. By who, you ask? It must be those evil oil companies. Nope. The state! So in addition to the outrageous tax revenue they make from gasoline sales, the state now dictates prices in Wisconsin. Center City BP owner Raj Bhandari has [...]
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