#taxation

#taxation

A Canadian politician proposed a substantial increase in car registration taxes to fund improved public transit, highlighting a shift towards reducing car dependency. [ more ]

May is a challenging time for California's state budget negotiations, heavily relying on volatile income and capital gains taxes, creating fiscal uncertainties. [ more ]

Governor Newsom's May Revise preserves climate investments but includes a cut to the Active Transportation Program.

California's state transportation budget has sufficient funds despite cuts to programs like the Active Transportation Program.

Governor Newsom aims to maintain core services by tightening budgets, delaying programs, and tapping into state reserves without raising taxes. [ more ]

Local option transfer taxes in Massachusetts may harm housing crisis, new taxes could reduce tax revenue and worsen housing problems. [ more ]

Newsom faces significant deficit in California's budget, aims to address without raising taxes. [ more ]

California Gov. Gavin Newsom reveals a $28 billion budget deficit, proposing cuts without new taxes.

The actual deficit could be higher at around $45 billion due to omissions in the calculation process. [ more ]

Local governments face financial challenges; NYC plans to charge water board $1.4 billion in rent, leading to potential rate hike and service vulnerabilities. [ more ]

The New York state budget agreement includes a focus on increasing housing supply and controls on school and Medicaid funding. [ more ]

States are adopting progressive revenue-raising policies to fund essential services and support low- and middle-income taxpayers. [ more ]

High-income earners unfairly portrayed as overtaxed

Use of cherry-picked data in articles can mislead readers [ more ]

The City Council subcommittee is considering new revenue ideas like video gaming, expanded helicopter service, and digital advertising. Freshman Ald. William Hall supports taxing salaries over $100,000 and assets of wealthy residents for a fair tax distribution. [ more ]

Vaping products to have dedicated levy

Vaping and tobacco products to become more expensive [ more ]

California is facing a $68 billion budget deficit due to a decline in revenue similar to that seen during the Great Recession and dotcom bust.

The state's reliance on taxation of capital gains and the personal income of high earners, along with the federal government's efforts to control inflation, are contributing factors to the budget deficit. [ more ]

Churches being taxed could have unintended consequences on public education and care facilities.

The current institutions may not be able to handle the increased load. [ more ]

E-bikes are a cost-effective and environmentally friendly alternative to traditional cars, reducing transportation expenses significantly. [ more ]