Word: taxed
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...Connecticut Assessment of State Income Taxation: Fueling Government, Stalling the Economy”; “Fifteen Years of Folly: The Failures of Connecticut’s Income Tax”; and “Save Connecticut’s Financial Future: Eliminate the Income Tax.” I’d say we’ve covered the income tax...
...Christie may not have the economic experience of Corzine, but he has no fear of the bread-and-butter issues on voters' minds. "Taxes and jobs are the issue of the campaign. We have the highest tax burden of any state in America, and we have the highest unemployment in the region," Christie told TIME in an interview. "If there's some people who decide to pull my lever in the booth because they don't like Jon Corzine, I'll take their votes too. I'm not particular in that regard...
...best-constructed health-care bill, developed by Senator Ron Wyden of Oregon, would eliminate the health-care tax exclusion the unions want. "But we also offer a tax credit of $17,000 per year, which is more than most people are getting in health-care benefits now," he says. Wyden's bill addresses most of the other major health-care issues. It has 14 bipartisan co-sponsors in the Senate, it covers everyone and offers more choices, it reforms the health-insurance business, it alleviates the responsibility of employers, it has a robust cost-control mechanism, and it has been...
...gotten rusty at legislating," says Representative Jim Cooper, a Tennessee Democrat. He is being kind. There are only two sorts of legislation that seem to pass these days: things that have to pass, like budgets - and cotton-candy giveaways, like tax cuts or the wildly irresponsible, unfunded Medicare drug bill that George W. Bush enacted. Occasionally, responsible actions take place in the budget process. Bill Clinton spent most of his political capital on deficit reduction, which helped fuel the economic boom of the 1990s. Obama has just managed to kill the F-22, an anachronistic fighter jet. Very, very occasionally...
...open to malpractice reform, but congressional Democrats haven't included it in their bills because trial lawyers are a major Democratic special-interest group. Another Democratic interest group, organized labor, has blocked the most logical and progressive way to fund a universal health-care system - eliminating the tax exclusion on health benefits and replacing it with a progressive tax credit. The health-care exclusion is, at approximately $250 billion, the single biggest tax break in the federal code. The problem is that unions have negotiated generous health packages over the years. According to Senator Stabenow, autoworkers get a package worth...