No property tax increase is expected in 2022 for Jeannette residents, according to chief fiscal officer Ethan Keedy.
But city officials do have some work ahead to make spending cuts in an effort to balance the proposed 2022 budget.
“We need to cut $6,000 off this budget,” he told the group. “I would like to try to slash some of these.”
Platte Institute promotes plan to rely more on sales taxes | Regional Government | journalstar.com
The Platte Institute on Thursday promoted its support for a proposal to dramatically overhaul Nebraska's tax system as the key to unlock the state's economic future during a legislative summit in Lincoln.
The Blueprint Nebraska "tax modernization plan" would reduce state income taxes, broaden the sales tax base to include a range of exempted services and reduce the burden on local property taxes.
No new taxes in $8 billion Cook County budget: Preckwinkle - Chicago Tribune
Cook County's budget next year would grow to a whopping $8 billion under a proposal revealed by board President Toni Preckwinkle, whose administration cast the balanced plan as another sign the county will weather the COVID-19 pandemic's financial hits.
The $8.04 billion spending recommendation — over $1 billion more than Preckwinkle's final budget for 2021 — would not include any new taxes, fines, fees or layoffs, she said in a Thursday speech.
Recent White House Study on Taxes Shows the Wealthy Pay a Lower Rate Than Everybody Else —
A decade ago, in an essay for The New York Times, Warren Buffett disclosed that he had paid nearly $7 million in federal taxes in 2010 . "That sounds like a lot of money," he wrote.
Buffett owns a substantial number of shares in Berkshire Hathaway, the fabulously successful holding company he founded decades ago. As the company's shares have soared nearly every year, his wealth has grown by billions. Under the U.S.
Prop. 119 explainer: Raise marijuana taxes to pay for out-of-school learning?
Supporters say it will help close the achievement gap while opponents see it as a slippery slope toward privatizing education
Colorado voters will decide next month whether to raise taxes on recreational marijuana to help fund a new state program aimed at providing Colorado students with out-of-school learning opportunities.
What has Murphy done on taxes and the budget? | NJ Spotlight News
The size of New Jersey's annual budget has grown by more than 30% since Gov. Phil Murphy took office in early 2018, easily outpacing the rate of inflation.
To help support the big spending increase, Murphy has worked with state lawmakers to raise several taxes, including those levied on wealthy individuals and top-earning businesses.
Taxing the Rich - The New York Times
The shift was in part a genuine attempt to be pragmatic about what worked. The United States was faring better than its economic rivals in the 1980s and 1990s, and a market-oriented approach seemed to be a reason.
But the evidence has changed in the early 21st century. Economic growth has been disappointingly slow in the U.S., as has income growth for most families. According to many measures of well-being, the U.S. is faring worse than other high-income countries.
Taxes, 'Fair Share' and Earnings - WSJ
Concern over paying for government programs is all well and good (" Joe Biden's Economic Fantasy World ," Free Expression, Sept. 28).
Don't Believe The Hype – Biden's $600 Tax Plan Won't Force You to Report All Venmo
There has been a flurry of furious cash app users this past week angrily responding to rumors of President Joe Biden’s new tax reporting plan requiring taxpayers to report all Venmo and cash app income over $600 .
See: The IRS Is Behind On Processing More Than 5.5 Million Tax Returns As Oct. 15 Deadline Looms
Find: Missing A Child Tax Credit Payment? Here’s The IRS Phone Number
Happening on Twitter
Something in the Water 2022 is CANCELLED in Virginia Beach. 757 native and music superstar @Pharrell says the cit… https://t.co/gwGtwLsMep KPattersonWAVY Wed Oct 06 09:10:10 +0000 2021
BREAKING: N35trn debt: We urge President Buhari to immediately drop the reported plan to borrow to finance N6.258 t… https://t.co/qAMKQ66j39 SERAPNigeria (from Lagos Nigeria ) Thu Oct 07 08:41:57 +0000 2021
F1 wants to have the sprint qualifying format at one-third of its proposed 23 races in 2022. Thoughts 🤔 https://t.co/ku4deUh5Xv ESPNF1 Wed Oct 06 20:28:00 +0000 2021
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