- Wisconsin Gubernatorial Candidate Scott Walker Signs Taxpayer Protection Pledge
- Why Do We Get Health Insurance from Our Employers Anyway? (ASA Site »)
- The Enormous Price Tag of Government Run Healthcare (ASA Site »)
- Call for Sunshine Week: "Just Give Us The Earmark Data" (CFA Site »)
- PA-12 Special Election Update: Tim Burns Signs the Taxpayer Protection Pledge
- How Government Accounting Works
- ATRF Analysis: The Importance of International Tax Competition
- How Tax Preparation "Simplification" Will Lead to Tax Hikes
- GAO: Implementation of Coburn-Obama Still Lacking in Some Areas (CFA Site »)
Monday, March 15, 2010
- Latest Developments In The Fight To Stop A Govt Internet Takeover
- State of Illinois Launches Sunshine Portal (CFA Site »)
- China Buys Our Debt, We Give Them Renewable Energy Stimulus Jobs...Seems About Right
- ATR Urges Governor McDonnell to Sign Bill to Abolish State Run Tax Filing
- Saving the Sea Turtles...But at What Cost? (PRA Site »)
- Craig Miller Signs Taxpayer Protection Pledge in FL-24
- Next Week is Sunshine Week! (CFA Site »)
- The Economics of #StimulusFail
- Missouri Unions and Andy Stern on the Same Page: Raise Taxes (AWF Site »)
- Obamacare, Free Trade, & Our Economic Prosperity
Friday, March 12, 2010
- Rusty Bowers Signs the Taxpayer Protection Pledge for AZ-01 Race
- Ask Your Virginia Legislator to Vote "NO" on Any Budget Containing Higher Taxes
-
ATR Supports H.R. 4781, the
"Keeping American Businesses
Competitive Act of 2010" - Stimulus Dollars Are Taking You for A Ride - On Greyhound Buses (CFA Site »)
- Ronald Reagan Legacy Project Urges Naming of California High School After Reagan
- Democrats Attempt to Subvert Congress in Hopes of Carbon Regulation
- Economic Issues Dominate at the Bloggers Briefing
- Pushback Against EPA’s Attempts to Regulate Carbon Emissions Grows
- Minnesota Gubernatorial Candidate Running on a Platform of Tax Hikes
Thursday, March 11, 2010
- Michigan Jobs Ain't What They Used To Be...Unless You Work For The Government
- ATR and CFA Support Earmark Moratorium
- Voter Fraud in the Name of Tax Hikes
- Ballooning Deficits in Greece Foreshadowing Future for the U.S.? (ASA Site »)
- Green Jobs FAIL
- The Evergreen Tax and Fee Spree
- ATR Staffer Testifies Before U.S. House Energy & Commerce Select Committee
Wednesday, March 10, 2010
- The endemic rot in government run health care
- The Debt Panel's 800-lb. Gorilla: Why Andy Stern Stands Out
- The Left Agree: Obamacare Ushers In Their Radical Ideological Agenda
- We Ought Focus On Cutting Taxes & Spending, Not Deficits
- The Debt Panel's 800-lb. Gorilla (AWF Site »)
-
Does the Obamacare Investment Surtax
Apply to Capital Gains? - ATR Urges Opposition to Sen. Isakson Pension Bailout
- Taxpayers to Legislators: Clean Virginia Budget of Taxes
- ATR Supports the Georgia JOBS Act
Tuesday, March 9, 2010
- ATR Urges Utah Governor Herbert to Veto Tax Increase
- More on the VAT
- Public Sector Jobs
- How 550,000 jobs were destroyed by the minimum wage hike
- How Obamacare Will Hurt Poor Women & Children Most
- Federal Workers Make $11,000 More Than Private Sector Workers, and There’s More of Them (AWF Site »)
Monday, March 8, 2010
- Legislation Introduced to Put Ronald Reagan on the $50 Bill
- Pledge Signer Wins Illinois Republican Gubernatorial Primary
- "Net Neutrality" To Kill Jobs
- NY Supreme Court Votes to Evict Residents and Close Businesses (PRA Site »)
- California US Senate Candidates Square Off in First Debate
Friday, March 5, 2010
- ATR and CFA Support the Spending Limit Amendment
- Utah Representative Breaks Tax Pledge
- AWF Will Rate Vote on House Jobs Bill (AWF Site »)
- Energy Tax Hike Series: Use it or Lose it Tax
Thursday, March 4, 2010
- The reliability of spending "estimates"
- Utah State Senator Tries to Sweeten Tax Hike with Pork
- Obama Administration Makes Attempt to Seize Millions of Acres Across America (PRA Site »)
- More "Stimulus" Boondoggles - Social Engineering and Lobbying for Higher Taxes
- Energy Tax Hike Series: Raises Taxes on Tertiary Injectants
Wednesday, March 3, 2010
- Is This Reality or a Science Fiction Dystopia?
- Andy Stern Update: US Attorney Reviewing Case & Obama Appoints Stern to Debt Panel
- Texans: Do You Know Which Candidates Have Signed the Taxpayer Protection Pledge?
- AWF Asks White House to Take Position on Andy Stern Investigation After Appointment to Debt Panel (AWF Site »)
- AWF Continues Andy Stern Investigation (AWF Site »)
Tuesday, March 2, 2010
- Energy Tax Hike Series: Superfund Tax Reinstated
Monday, March 1, 2010
Current DNC Chairman/Virginia Governor Tim Kaine Proposes Tax Increases
From Nathan Pick on Monday, December 21, 2009 4:00 PM
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DNC Chairman Tim Kaine, in order to tend to his duties as Governor of the Commonwealth of Virginia proposed a budget for the 2010 legislative session. On his way out the door, he is pushing for $1.9 billion in income tax increase and that is only one of the tax increases on the table.
Additionally, he is proposing a tax increase on businesses collecting sales taxes. Traditionally, businesses have been keeping a portion of the tax collection from sales taxes. This is estimated to be a $121.8 million tax increase over two years. Chairman Kaine wants that money to feed the government. He is also proposing a tax increase on alcohol which is taking the shape of a mark-up on prices at ABC stores. This 2% mark-up has a pricetag of about $8 million over the next two years. Another tax increase on his wish list is a change in section 199 deductions, a $60 million dollar tax increase, mainly hitting energy production.
The good news is that the incoming Governor-elect Bob McDonnell and House Speaker Bill Howell are declaring this tax hiking budget dead on arrival. In one article, Governor-elect McDonnell was quoted as saying, "I said during the campaign and I've said since then that I will not raise taxes. I would view repealing a significant tax reduction- say, the car tax- as a tax increase." In a press release from Speaker Howell stated House Republicans rejection of Governor Kaine's tax increases, saying, "...Governor Kaine's tax increases once again have no chance of receiving General Assembly approval, ......"
To see ATR's press release rejecting Chairman Kaine's tax increas riddled budget, click here.
Photo credit: super-structure
Related Articles
ATRF Analysis: The Importance of International Tax Competition - Monday, March 15, 2010 11:24 AM
How Tax Preparation "Simplification" Will Lead to Tax Hikes - Monday, March 15, 2010 11:04 AM
China Buys Our Debt, We Give Them Renewable Energy Stimulus Jobs...Seems About Right - Friday, March 12, 2010 4:24 PM
Urge Gov. McDonnell to Privatize Tax Preparation and Filing - Friday, March 12, 2010 4:20 PM
ATR Urges Governor McDonnell to Sign Bill to Abolish State Run Tax Filing - Friday, March 12, 2010 4:00 PM
Comments
The budget sounds for all the world like that written by a DNC chairman to try and embarrass the incoming governor of the party opposite. Voters in Virginia and New Jersey said very loud and clear they're tired of that kind of partisan gamesmanship in Richmond, Trenton, and Washington. The politicians who engage in games of which this budget is a glaring example choose to ignore the voters at their own political peril, which will become evident less than a year from now.
>> Wabash Cannonball Tuesday, December 22, 2009 11:01 AM