Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
taxreformer -
"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
taxreformer -
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
taxreformer -
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
taxreformer -
Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
taxreformer -
9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
taxreformer -
.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
taxreformer -
"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
taxreformer -
Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
taxreformer -
The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
May 13, 2013 11:30 AM
taxreformer
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Governor Patrick Hits Small Businesses Hard With Proposed Budget
Massachusetts Governor Deval Patrick proposes $34.8 billion budget plagued with tax increases.
Last week during his annual State of the Commonwealth Address, Massachusetts Governor Deval Patrick outlined to lawmakers the key points of his proposed $34.8 billion FY2014 budget. The common theme of burying Bay State residents with numerous tax increases radiated throughout the speech.
The tax hikes Gov. Patrick proposed in this year’s budget include increasing the individual income tax from its current rate of 5.25% to 6.25%. This proposed income tax hike would be the biggest increase Massachusetts residents have seen in twenty one years. Patrick’s budget also extends the nickel deposit on bottled beverages to include bottled water and sports drinks, and increases the state’s tax on cigarettes to $3.51 per pack.
What Gov. Patrick fails to address in his speech is how his budget will raise taxes on the more than half a million small businesses in the Commonwealth that file their income taxes as individuals, significantly diminishing their job-creating capacity. The same small businesses that kept the struggling economy afloat during the recession would be rewarded with tax increases if the legislature enacts the Governor’s proposal.
ATR encourages Massachusetts legislators to reject Gov. Patrick’s efforts to bring Obama’s tax-and-spend policies, which have yielded economic contraction and rising unemployment nationally, to the Bay State.
