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... worse. ... But an effective remedy is at hand. ... What I have in mind is
a surtax on extremely high levels of consumption. It would be enacted ... topped $500,000, the families would be
subject to the surtax. Rates would start low but rise as consumption ... mansion a C.E.O. needs. If a
progressive consumption surtax induced all of them to postpone those additions,
nothing important would be sacrificed ...
related tags: budget deficit, China, current account, development, distribution, economic, economist, environment, equity, financial, fiscal, growth, income, inflation, links, red, view
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... pay for it. Here's : Obey, a from , made it pellucid that he is totally opposed to and says if decides to do that, he'll market a uncharted tax -- what he calls a "war surtax" -- to take-home for it. "On the merits, I cogitate it is a bad move to dredge our involvement," Obey said.
"But if we are customary to do that, then at least we ought to chastise for it. ...
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By Theresa Hupp, Kansas City Star Midwest Voices columnist 2010
When my husband and I moved to Missouri in 1979, we brought with us two brand-new law degrees and belongings that fit in our Pinto station wagon. What we have accrued in the last thirty years is because we saved much of what we earned.
read more
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... , I then have to perform two additional calculations to establish my health premium surtax and my Ontario surtax, and then add these amounts onto the basic tax. I have no illusions that the ... is that there is a negative psychological impact attached to performing additional surtax and premium calculations, and that perhaps a significant proportion of the taxpaying electorate might be happier just ...
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... of through the back door -- rather than eliminating the benefit for unions, the delayed imposition of the surtax on expensive plans, it nullifies the idea that that was a special benefit by delaying the imposition of the surtax for everyone.
The most interesting part is the new federal board that would have the power to review rate hikes. Jon Cohn has a good ...
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... nbsp; The House bill has no excise tax, but it is deficit neutral -- it raises money from other taxes, such as a surtax on high earners, while the Obama plan published in advance of the summit adds a new Medicare surtax on capital gains for high earners. Second, as Atul Gawande has documented in exhaustive detail and as a group of ...
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... he considered absolutely critical, but which Congress bitterly opposed.
Chief among these was a 10% surtax on income. (The Keynesian dogma of that time held that increasing taxes was the way ... after he announced he wouldn’t run, Congress gave him his income surtax, and several other priorities as well.
Obama is now telling us that he wants to pass sweeping healthcare reform, with or without ...
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... chopping block.
****
7. Tax Structure--Mostly Conservadem victory
Progressive proposal (House proposal): Surtax on high-income households,; no excise tax on high-end health insurance plans
Conservadem proposal ... tax, excise tax on high-end health insurance plans
Result (White house proposal): No surtax on high income households; delayed and weakened excise tax on high-end insurance plans; tax ...
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... in the health care reform bill passed by the House (H.R. 3962) to impose a 5.4% surtax on the modified adjusted gross incomes (MAGIs) of single filers above $500,000 and the MAGIs of ... a fairer distribution by income level of the cost of government services. A similar argument underlies support for the surtax in H.R. 3962.
One approach to evaluating the contention that the proposed tax hikes would ...
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Mercedes Benz SLK 55 AMG - starting at $84,800 - and now more affordable with no luxury vehicle surtax!
Bill Tieleman's 24 hours/The Tyee column
Tuesday March 9, 2010
Why Car Dealers ... 't stop there. The B.C. Liberals also eliminated the up-to-3 per cent luxury vehicle surtax on cars over $55,000.
It means ordinary taxpayers will subsidize those buying an expensive new Mercedes Benz or ...
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... decided to issue a set of semi-postal stamps each year during the Christmas season with the surtax going to charitable organizations. The first such "Caritas" issue appeared on December 21, ... and remained on sale only until January 15, 1926. A surtax of five centimes was added to each of the three lower denominations; ten centimes to the one-franc denomination.  ...
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... one of the defining issues of 2007-2009, water rates. In spite of a court ruling against Leesburg's surtax on out-of-town water customers, the Mayor maintained her position that a large out-of-town surtax is legal and advisable. The Town Council voted against the Mayor to rationalize in-town and out-of-town rates in April of last ...
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... a year -- I believe the limit in the rest of the economy is $1 million.
Beginning in 2013, there is "additional surtax of 0.9% on earned income in excess of $200,000/$250,000 (unindexed), and a 3.8% surtax on investment income for taxpayers with AGI in excess of $200,000/$250,000 (unindexed)." Combined with inflation and bracket ...
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... me why blue dogs would prefer a mixture of an excise tax and a tax on high incomes to the surtax on the super rich.
This is a move to the right *and* a change which creates an excellent issue for Republicans. The surtax is very popular. The excise tax is very unpopular. Representatives who fear the voters should be much more reluctant to vote for an ...
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... percent and growing to
8 percent by 2040. It had to grow fairly rapidly. For Social Security, we had to
increase payroll taxes from 12.4 to almost 15 percent. And then we
needed a surtax on top of all that. All this would take us from a total
tax burden including state and local from below OECD average today to
where by mid century we'd be considerably above average. Spun out to
2060 we ...
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