A dozen school districts in Pennsylvania exploited a legal loophole to raise millions of dollars in new taxes on the public without putting it to a referendum.
In the process, they’ve hidden hundreds of millions of dollars in reserve funds that could cover school costs without raising taxes.Â
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Thursday morning on The Tennessee Star Report, host Leahy welcomed the author of The Great Money Bubble and former director of the Office of Management and Budget during the Reagan administration, David Stockman on the newsmaker line to breakdown the ramifications of a national budget spun out of control.
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The Arizona Free Enterprise Club (AFEC) shared its full support for prop 132, which is set to appear on the November ballot and would require a 60 percent majority vote of the people on any ballot measure that seeks to raise taxes.
“Today’s tax increase may not affect you, but tomorrow’s most certainly will. Allowing 51% of the population (who probably don’t have to pay the tax increase) to vote to tax the other 49% that do have to pay it, is wrong. And eventually, you will be in the minority,” said AFEC President Scot Mussi.
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Monday morning on The Tennessee Star Report, host Leahy welcomed the original all-star panelist Crom Carmichael to the studio for another edition of Crom’s Crommentary.
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Arizona Representative Paul Gosar (R-AZ-04) last week blasted the Inflation Reduction Act of 2022, a revival of President Joe Biden’s (D) “Build Back Better” (BBB) economic bill, saying the contents of the bill will not accomplish what the title promotes.
“Families can’t afford gas and groceries, yet democrats want to raise taxes and spends billions more of your hard-earned money. Instead of addressing the root cause of the recession: out-of-control government spending, Joe Biden and democrats are now doubling down on their Far-Left Socialist policies that put us into this inflationary death spiral,” Gosar said.
A bill to repay Minnesota’s federal Unemployment Insurance Trust Fund passed the Senate Monday and it will now travel to the House for consideration.
The bill, SF 2677, appropriates $2.3 billion from the state fiscal recovery federal fund and $408.5 million from the fiscal year 2022 general fund to the commissioner of employment and economic development.Â
The commissioner would repay the federal government outstanding loans and accrued interest within 10 days of the bill’s enactment. For the 2022 and 2023 calendar years, the base tax rate would be one-tenth of one percent.
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Tuesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed American’s for Prosperity’s Grant Henry and Maury County Mayor Andy Ogles to weigh in on the reckless spending in Washington.
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A new analysis from Gov. Tim Walz’s own Department of Revenue shows that his tax proposals would hurt the poorest Minnesotans the most. The Tax Research Division of the Minnesota Department of Revenue released its tax incidence analysis Tuesday, and looked at the combined changes that would be made…
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