Word: taxing
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...many city managers, it's easier to justify tacking a few fresh dollars onto locals' real estate tax bills than to try and slash the padding on a fireman's health insurance plan. City workers may pay 10% to 20% of a health plan's cost, compared with 30% in the private sector, but you win few local fans when you boost the burden on a teacher or policeman to prettify the municipal bottom line...
...held accountable for the profitability of a firm. He's held accountable if the streets aren't swept, the roads aren't paved or the garbage isn't picked up. It's easier to cave in to union demands than to save $9 on everyone's local tax bill, if that's what it comes down...
...beginning to clash with the fearsome reality of explosive state and local deficits. "Towns are starting to fight back," says Edholm. "They're drowning, and they realize they have to do something about it." Many municipalities and a majority of states now face serious budget shortfalls, and declining tax revenues are likely to result from the onset of a recession. That may force some tough choices. "Falling tax receipts resulting from a steep recession could change the budgetary requirements of state and local governments," says Bos. "Whether that will have an impact on services or benefits or wages remains...
...press conference last week the leaders of the solar, wind, geothermal and hydropower industries called on Obama and the incoming Congress to look ahead. First, energy leaders asked Obama to immediately adjust the alternative-energy production credit to provide green investors with a cash rebate, rather than a tax reduction. With the economy tanking, simple tax credits - which Congress renewed in October and without which the renewable-energy industry would not survive - aren't the lure they once were for companies looking to invest in new energy projects...
...There was not a policy ad that Obama did that did not quote us," boasts Jennifer Palmieri, who does communications for the think tank, and its more politically active offshoot, the Center for American Progress Action Fund. Remember the claim that John McCain wanted to give $4 billion in tax breaks to oil companies like Exxon? The Action Fund came up with that number. What about the dubious charge that McCain planned a 22% cut in Medicare? That was based on a speculative research paper by the same group. While most political ads cite journalists for their facts, the Obama...