Commentary: Mayor Cooper’s Tax Increase Would Torpedo an Already Reeling Nashville

Mayor John Cooper’s proposed 32 percent property tax increase is a terrible idea and would be detrimental to the city of Nashville, potentially creating a chilling effect across Middle Tennessee. An increase of such magnitude would bring additional pain and suffering to untold thousands of Nashvillians already harmed by the government-mandated COVID-19 lockdown and the tornado that preceded it.

Decisions about tax increases should be delayed until next spring. After the Mayor has made significant cuts and structural changes in Metro government. It also must come after Mayor Cooper has hosted townhall meetings in every Nashville neighborhood. At such times he can educate voters about what he will have done to cut spending and exactly how he will operate the city in a fiscally conservative manner.

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Tennessee Revenues for March Exceeded Budget by $62.1 Million

Commissioner of Finance and Administration Butch Eley announced Monday that the Tennessee’s tax revenues exceeded budgeted estimates for the month of March by $62.1 million, despite the anticipated impact of the coronavirus.

Eley was named to the new post by Governor Bill Lee on April 15, while also serving as the Chief Operating Officer for the state. Prior to joining Governor Lee’s administration, he was a founder and CEO of Infrastructure Corporation of America, an infrastructure asset maintenance management company and a partner at the Ingram Group.

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Whitmer Signs ‘Pay As You Stay’ Law That Helps Michigan Homeowners Struggling with Back Taxes

Gov. Gretchen Whitmer signed legislation on Monday that would help struggling Michigan homeowners pay their property taxes.

The “Pay As You Stay” bill, sponsored by Rep. Wendell Byrd (D-3-Detroit), eliminates penalties, interest, and fees to allow foreclosing governmental units to significantly reduce delinquent taxes.

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Tennessee’s January Revenue Collections Result in $129.4 Million Surplus

The state’s revenue collections for the month of January remained strong, resulting in a $129.4 surplus over the budgeted estimate of $1.55 billion, Tennessee Department of Finance and Administration Commissioner Stuart McWhorter reported Friday.

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Tennessee State Revenues for October Exceed Budgeted Estimates for a $50 Million Surplus

In a news release Friday, the Commissioner of Finance and Administration Stuart McWhorter announced that the state’s revenues for October exceeded budgeted estimates, resulting in a $49.8 million surplus for the month.

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Tennessee State Revenue Report Shows Surplus of $138.8 Million in September

  The report of Tennessee state revenues for September at $1.6 billion resulted in a budget surplus of $138.8 million. Revenue for the month of September 2019, as indicated in the report, is $138.7 million more than September 2018, reflecting a 9.75 percent year-over-year growth rate. On an accrual basis,…

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Tennessee Has Surplus Revenue of $28.8 Million in August, First Month of 2020 Fiscal Year and Governor Bill Lee’s Budget

Commissioner of the Department of Finance Administration, Stuart McWhorter, reported last week that Tennessee revenues for August were $28.8 million more than the budgeted estimates.

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Commentary: Tariff Hawks Got It All Wrong When They Predicted ‘Another Great Depression’ from Trump’s America-First Trade Policies

Donald Trump

by Robert Romano   In 2016, when President Donald Trump ran on his America first trade agenda, much of the conventional wisdom was that, if implemented, his tariffs would wreck the U.S. economy. It would have the same impact as the 1930 Smoot-Hawley Act, and so the prediction goes, lead to…

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Federal Regulations Amount to a $15,000 ‘Hidden Tax’ on Families, Report Finds

by Michael Bastasch   The federal regulatory apparatus imposed a roughly $14,600 “hidden tax” on American households last year, according to a new report by the Competitive Enterprise Institute (CEI). “That amounts to 20 percent of the average pretax income of $73,573, and 24 percent of the average expenditure budget…

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Conference Committees Meet to Hash Out Tax, Spending Increases in Minnesota Budgets

by Bethany Blankley   With 17 days to go before the end of session, legislative conference committees began meeting Friday to hash out differing proposals for three of the most contentious omnibus bills yet to be voted on by the full Legislature. The Omnibus tax bill, Omnibus Health and Human Services…

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Minnesota Dept. of Revenue: Walz Tax Proposals Would Hurt the Poor Most

  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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Lawmakers Eye a Huge Backdoor Spending Increase

US Capitol

by David Ditch   Members of Congress are promoting the concept of changing three programs from the discretionary category (requiring annual appropriations) into mandatory (auto-pilot) spending. Such changes would become a huge backdoor spending increase. Spending limits have come under relentless attack from both parties. In 2013, 2015, and 2018,…

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Buckeye Institute Blasts Tax Hike, Warns Legislators: ‘Don’t Increase the Tax Burden on Ohioans!’

A joint committee of the Ohio House of Representatives and Senate was convened Wednesday in the hopes of reconciling the major divides in their respective transportation budgets. As they work towards a solution, one state think tank is reminding them not to forget the consequences Ohio citizens will face as a result…

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Former California GOP Chairman Lists Nine Ways America Is Moving Towards Socialism

by Nick Givas   Former California GOP Chairman Tom Del Beccaro listed nine ways in which America is moving towards socialism during an appearance on “Fox & Friends” Monday. Del Beccaro said increased government spending and inflated tax codes are just the beginning and claimed they’ll have a domino effect on…

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Rick Manning Commentary: President Trump Versus Washington’s Spending and the Constituencies Who Fight for Them

by Rick Manning   In Washington, D.C., every spending program and tax break has a constituency that fights for it.  This is why they exist, because somewhere, someone believes that Warren Buffett needs a wind production tax credit, and that opera programming should be taxpayer funded. These constituencies are tightly…

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Americans for Tax Reform Urges Ohio to Reject ‘Straight-Up’ Gas Tax Increase

Grover Norquist, President and Founder of the nationally recognized Conservative taxpayer advocacy group Americans for Tax Reform (ATR), implored Ohioans Friday to reject the “straight up” gas tax currently being considered by the Ohio Legislature. In an open letter, Norquist warned; A gas tax hike does the greatest harm to households who…

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Federalism Committee Chair John Becker Gauges Gas Tax as Ohio Statehouse Battle Ignites

COLUMBUS, Ohio — The battle over a gas tax increase has officially kicked off in the Ohio Statehouse. Since taking office, Ohio Republican Gov. Mike DeWine has insisted that a gas tax was critically necessary to preserving and repairing the state’s decaying roads and bridges. Though many in the state on both…

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Columbus Democratic Mayor Backs Governor DeWine’s Gas Tax

COLUMBUS, Ohio– In a statement made via a Facebook Video, Columbus, Ohio’s Democratic Mayor Andrew J. Ginther announced that he is backing DeWine’s 18 cent gas tax hike. The mayor said he is backing the bill because: It will help us increase our funding for infrastructure in Columbus neighborhoods by 19 million a year.…

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Governor DeWine Accelerates Gas Tax Planning with No Limits Set

It’s safe to say that when Ohio Governor Mike DeWine appointed his “Governor’s Advisory Committee on Transportation” to develop solutions for paying for road and bridge repairs, citizens were hoping they’d come up was some creative answers. Instead, the committee reached a consensus last week that the primary means by which…

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North Carolina State House Democrats File Progressive Agenda ‘Wish List’ Bill

North Carolina State House Representatives Pricey Harrison (D-D61) and Susan Fisher (D-D114) filed a bill on Monday that contains a progressive agenda wish list of tax reform rollbacks and social justice inspired mandates. House Bill 46, is titled the “Economic Security Act of 2019,” and includes items such as barring…

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DeWine Appointed Committee Recommends Gas Tax Hike for Ohio

After two meetings and two hours of public testimony, the Governor’s Advisory Committee on Transportation has, so far, agreed on only one thing to save Ohio’s roads and bridges: raise taxes. As previously reported, the committee was officially launched on January 31st. Hand-picked by Governor Mike DeWine, the bipartisan committee of industry…

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Macron Bails on Climate Summit as France Melts Down Over High Gas Taxes

by Chris White   French President Emmanuel Macron made his way back to France Sunday as protesters turn the streets of Paris upside down over sky-high gas taxes designed to fight global warming. Officials are considering declaring a state of emergency to deal with the unrest. Macron returned from his trip in…

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FEC Records Indicate Taylor Swift’s Political Contributions to Federal Candidates Total $15 To-Date

Taylor Swift is making the headlines again but this time, on the political stage. After her statement on Sunday that she is endorsing Democrat Phil Bredesen over Rep. Marsha Blackburn (R-TN-07) in this November’s contest to replace retiring Sen. Bob Corker (R-TN), The Tennessee Star tried to find some information…

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Fact Checking Shows Bredesen Raised Taxes, Fees By Nearly $1 Billion as Governor

Republicans are checking the facts about Phil Bredesen’s “phony” claims to have balanced the state budget when he was governor, pointing out Tennessee’s constitution requires a balanced budget. “Phil Bredesen is touting his budgetary accomplishments in a recent ad, but he’s not giving Tennesseans the full story,” the Tennessee Republican…

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New Ad Touts ‘Out of Touch’ Bredesen’s History of Supporting Tax Increases

Senate Leadership Fund on Tuesday launched a new advertising blitz targeting Phil Bredesen’s fixation with raising taxes on Tennessee families. The $1.1 million buy will run statewide on a combination of broadcast and cable television, radio and digital. The ad is available to watch here. Bredesen, a former Democratic governor, is running…

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House Votes Overwhelmingly To Kill Obamacare’s Tax On Medical Devices

Obamacare

by Julia Cohen   A bipartisan majority in the House voted to repeal President Barack Obama’s 2.3 percent medical device tax Tuesday. The repeal passed 283-132, with 57 Democrats and all but one Republican voting in favor. North Carolina Republican Rep. Walter Jones was the sole Republican against the bill. “Minnesota’s innovators can breathe…

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Republicans Unveil Tax Cuts Round Two On The Same Day Progressives Release Plan For Tax Increases

Steve Scalise

by Julia Cohen   House Republicans announced they are working on a second iteration of tax cuts on Tuesday, the same day the Congressional Progressive Caucus announced a proposal for raising taxes. “The tax cuts have been working incredibly well to get this economy moving, to create more jobs, to…

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Just Facts Think Tank President: The True Effects of Regulations on the Economy

by James D. Agresti   In a New York Times article about President Trump scaling back regulations, reporters Binyamin Appelbaum and Jim Tankersley report “there is little historical evidence tying regulation levels to” economic growth. They support this sweeping claim only with a quote from Jared Bernstein, a former chief economic adviser to…

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