It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

States propose $24 billion in tax hikes

page: 1
7
<<   2 >>

log in

join
share:

posted on Jun, 4 2009 @ 02:03 PM
link   

States propose $24 billion in tax hikes


money.cnn.com

NEW YORK (CNNMoney.com) -- States are poised to pass as much as $24 billion in tax and fee hikes in coming weeks, as they struggle to balance their budgets amid the worst economic downturn since the Great Depression, a report released Thursday found.

The spike blows away the $726 million in recommended increases for fiscal 2009.

(visit the link for the full news article)




posted on Jun, 4 2009 @ 02:03 PM
link   
So here is your change. Looks like the 95% that were not going to get a tax hike just did. So to make it not look like the Obama administration is raising taxes this is the new plan. What they do is cut federal funding thus causing deficits in state budgets. The states then increase taxes, but because it is the states doing it the Obama administration will not take the blame for the tax hikes.

This adminstration is more sneaky than any other prior to it. They are very decietfull and lie straight to our faces. They just get away with it because people are sleeping or feel guilty for voting on the current administration. I wonder what the new interviews about Obama supporters would say.

Flag this bad boy in hopes people might wake up and see the truth.

money.cnn.com
(visit the link for the full news article)

[edit on 4-6-2009 by LeaderOfProgress]



posted on Jun, 4 2009 @ 02:14 PM
link   
Many Americans, and people around the world, will continue to claim the current U.S. administration is great, despite the fact that the current administration has spent more money even than the last administration, and has more than doubled our debt. not only that but dictatorial programs are being implemented, but most of the left is so blind that they would accept giving up their rights and still claim they are living in a free and great society.

There are many people in the left who are admitting what the current administraiton is doing, and believe me, the past administration also did things which are UnConstitutional, however, this country is being turned more and more into another Socialist dictatorship in which the mega rich are the "state" claiming they speak for the people.



posted on Jun, 4 2009 @ 02:15 PM
link   
BTW, star and flag to you for pointing this out.


Let's hope more Americans wake up before it is too late.



posted on Jun, 4 2009 @ 02:20 PM
link   
Why not just simply take the money out of the pockets of those wall st crooks?

The entire financial system is nothing more that a big ponzi scheme.



posted on Jun, 4 2009 @ 02:26 PM
link   
This is not only the govt.'s fault
it's also the people's fault

there are plenty, even here on ATS that do not disaprove of more spending

ever heard of a pyrrhic victory

now that their currency is becoming useless
they will tax the people to finance undeclared wars

there's way too much blame to share i'm sorry

let's see how loud they will scream support their troops from a tent when they move to a tent city

[edit on 4-6-2009 by ModernAcademia]



posted on Jun, 4 2009 @ 02:33 PM
link   
your going to live in a tent city?

dang your rich

i wont be able to afford a tent...ill live under a bush



posted on Jun, 4 2009 @ 02:40 PM
link   
You people needs to understand that the so call tax hikes by the states is because they don't want to cut on their overinflated and over spend big local governments.

You want to make it fair then get out there in your states and start complaining, government is getting out of hand, too big to function and they are stealing the tax payer blind while sitting in their big fat butts and offices living the American dream with the promise of retirement expenses pay by tax money.

If these states do not cut government spending just like the Federal government things are not going to get any better.

Because all the tax hike is going to pay for the same old BS and keep their local government over bloated and too big to control.



[edit on 4-6-2009 by marg6043]



posted on Jun, 4 2009 @ 02:47 PM
link   

Originally posted by marg6043

If these states do not cut government spending just like the Federal government things are not going to get any better.

Because all the tax hike is going to pay for the same old BS and keep their local government over bloated and too big to control.



I agree with you wholeheartedly marg!

The federal government is doing what it needs to do to cut their spendings and deficit, now it's the individual states turn to cut their spending!

[edit on 6/4/2009 by Keyhole]



posted on Jun, 4 2009 @ 02:52 PM
link   
reply to post by Keyhole
 


Many of the states that are having budget problems are in the group that are call welfare states successful states are those with less welfare recipients and more work opportunities.



posted on Jun, 4 2009 @ 02:56 PM
link   

Originally posted by muzzleflash
your going to live in a tent city?

dang your rich

i wont be able to afford a tent...ill live under a bush


You're living under a bush?

Luxury. I have to go live in a lake. And wake up a hour before I go to sleep and pay for the privilege to go to work.

Seriously, how else did everyone think Obama was going to get money to finance all his grand ideas??



posted on Jun, 4 2009 @ 02:59 PM
link   
reply to post by jerico65
 


The money went to the financial, remember


When Bernanke went to congress and told them that the financial needed money or else, that is where all the money that Obama was planning to use to help the people in American went, after all we are nothing but expendable, the financial are not.


[edit on 4-6-2009 by marg6043]



posted on Jun, 4 2009 @ 03:14 PM
link   
The states are working in a coordinated manner.

That does not bode well.

Obama and his administration are in permanent campaign mode, smiles and lovely sentiments. The Europeans and Africans all wet themselves at the Obama phenomenon. And as long as the Chinese and Indian nations get all the employment opportunities and we keep allowing the Supranational Bank Cartel to render our sovereignty into a meaningless sham, Obama's job is just to keep us mesmerized. The party is good at making that happen.

I feel most pain for my children, and their peers, many of whom still won't allow themselves to see what is happening... and they lack a frame of reference upon which to base their perceptions.

Sadly, these hikes are only for keeping the control-class rolling in it. We. the little people, must 'deal with it' because otherwise, we are simply jealous sore-losers at best, or terrorists at worst.



posted on Jun, 4 2009 @ 03:20 PM
link   
why doesn't the government print money to pay off its debt? they seem to print it for everything else.




posted on Jun, 4 2009 @ 03:24 PM
link   

Originally posted by warrenb
why doesn't the government print money to pay off its debt? they seem to print it for everything else.



Because they ran out of paper wiping their a#'s with all the BS they spew.



posted on Jun, 4 2009 @ 03:28 PM
link   

Originally posted by Maxmars
I feel most pain for my children, and their peers,



I know what you mean, I remember when I was younger the older folk always saying things like, "You have it sooo much easier than I had when I was your age".

My how things have changed!




posted on Jun, 4 2009 @ 08:53 PM
link   
The effects of this wanton spending and over taxation will trickle down through the generations to come. We cannot sit idle and watch our futures go down the tubes. Yet no one does anything but wisper.



posted on Jun, 4 2009 @ 08:57 PM
link   

Originally posted by LeaderOfProgress
The effects of this wanton spending and over taxation will trickle down through the generations to come. We cannot sit idle and watch our futures go down the tubes. Yet no one does anything but wisper.


The Emperor wears no clothes.

No one is going to speak out against Obama as he spends money like a drunken sailor.

Ever since he started to tell everyone his ideas on fixing the economy, all I could think of was one word: Weimar.



posted on Jun, 4 2009 @ 10:59 PM
link   
reply to post by jerico65
 


Many should see the pictures from their collapse. The pictures speak a thousand words. The photos of them wheel barrowing money is phenominal. They will leave you almost speachless.

Wikkipedia Link to Wiemar.



posted on Jun, 5 2009 @ 11:21 AM
link   
reply to post by LeaderOfProgress
 


If the US government keeps printing more and more money to keep up with their spending frenzy, the US will end up with a medal commemorating OUR hyperinflation just like Germany in 1923!

Inflation in the Weimar Republic


A medal commemorating Germany's 1923 hyperinflation. The engraving reads: "On 1st November 1923 1 pound of bread cost 3 billion, 1 pound of meat: 36 billion, 1 glass of beer: 4 billion."



[edit on 6/5/2009 by Keyhole]




top topics



 
7
<<   2 >>

log in

join