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A proposal for a 16 percent increase in the state income tax is dead because of strong opposition from Western Pennsylvania lawmakers, House Democratic leaders said yesterday. The group of 20 or so conservative Democrats, called the Blue Dogs, “wanted us to take the PIT [personal income tax] increase off the table,” said House Speaker [...]
Posted by admin in : News ,
California’s budget debacle holds a lesson for America, but one we will probably ignore. It’s easy to attribute the state’s protracted budget stalemate, now temporarily resolved with about $26 billion of spending cuts and accounting gimmicks, to the deep recession and California’s peculiar politics. Up to a point, that’s true. Representing an eighth of the [...]
