America's independent, non-partisan advocate for overburdened taxpayers.

 

Blog Contributors

Budget

The Late Edition: May 9, 2013
Posted By:  - 05/09/13

Today’s Taxpayer News!

Pete Sepp weighs in on the future of the so-called “Marketplace Fairness Act” in this US News op-ed.  

Thanks to Governor Martin O'Malley and Lt. Governor Anthony Brown, Marylanders will endure 40 different tax and fee increases totaling an additional $20 billion from 2007 through 2018. Read the full story from the Potomac Patch.

0 Comments | Post a Comment | Sign up for NTU Action Alerts


The Late Edition: May 8, 2013
Posted By:  - 05/08/13

Today’s Taxpayer News!

NTU’s Pete Sepp applauds Senator Rand Paul’s recent proposal to repeal the burdensome "Foreign Account Tax Compliance Act" (FATCA), which taxes Americans abroad. Read the full story from the Wall Street Journal.

This piece from cincinnati.com explains that not only does the President’s 2014 budget proposal raise taxes by $1.1 trillion over a decade and increase spending by $800 billion; it never balances.  

One of the drug manufacturers which originally supported and lobbied for “Obamacare” is now calling the law ‘catastrophic’, says the Daily Caller

1 Comments | Post a Comment | Sign up for NTU Action Alerts


The Late Edition: May 7, 2013
Posted By:  - 05/07/13

Today’s Taxpayer News!

NTU’s Pete Sepp speaks about the negative effects of the “Marketplace Fairness Act”, which passed the Senate yesterday and is headed to the House to be voted on. Read more from the Christian Science Monitor.

The federal government has managed to run a $489 billion dollar deficit since the fiscal year began, according to the Congressional Budget Office.

0 Comments | Post a Comment | Sign up for NTU Action Alerts


The Taxpayer’s Tab, Plus Americans on ObamaCare and Excise Taxes - Speaking of Taxpayers, May 3
Posted By:  - 05/06/13

Subscribe to NTU's podcast "Speaking of Taxpayers" via iTunes!

   
   
   
   
   
   

NTUF's Dan Barrett joins Pete and Doug to discuss the latest Taxpayer's Tab issues, plus new polls reveal Americans' lukewarm reaction to ObamaCare and excise taxes for junk foods.
1 Comments | Post a Comment | Sign up for NTU Action Alerts


The Late Edition: May 6, 2013
Posted By:  - 05/06/13

Today’s Taxpayer News!

The Reason Foundation weighs in on the federally funded municipal broadband program, and includes NTU’s analysis of Utah’s costly UTOPIA initiative.  

The New York Times takes a look at ever-increasing airline taxes, and possibilities on the table for the future of air travel.

0 Comments | Post a Comment | Sign up for NTU Action Alerts


The Late Edition: May 2, 2013
Posted By:  - 05/02/13

Today’s Taxpayer News!

NTUF’s Dan Barrett weighs in on the spending records of four U.S. House members from New Jersey who may run for the Senate in 2014. 

Fiscally conservative groups are warning Congress that any attempt to raise the debt-ceiling will need to include a balanced budget amendment, according to The Hill.

0 Comments | Post a Comment | Sign up for NTU Action Alerts


The Late Edition: April 23, 2013
Posted By:  - 04/23/13

Today’s Taxpayer News!

Obama's 2014 budget contains damaging energy policy goals, says NTU’s Pete Sepp in this US News  piece.  

Gas prices are high enough without adding additional state taxes onto them, say 66% of the public. Read the full story from CNN.

0 Comments | Post a Comment | Sign up for NTU Action Alerts


President Obama’s 2014 Budget, Plus State Cigarette Tax Plans - Speaking of Taxpayers April, 12
Posted By:  - 04/17/13

Subscribe to NTU's podcast "Speaking of Taxpayers" via iTunes!

      
   
   
   
   
   

Pete and Doug are joined by NTUF's Director of Research, Demian Brady, to discuss the President's 2014 budget proposals. Plus, NTU's State Affairs Manager, Lee Schalk, has an update on cigarette tax schemes.

0 Comments | Post a Comment | Sign up for NTU Action Alerts


The Late Edition: April 11, 2013
Posted By:  - 04/11/13

Today’s Taxpayer News!

NTU joins a broad coalition of activists in support of a bipartisan effort to reform ineffective and costly fuel mandates.

NTUF did a thorough analysis of what President Obama’s 2014 budget means for taxpayers.

0 Comments | Post a Comment | Sign up for NTU Action Alerts


NTU Foundation's FY 2014 Budget Breakdown
Posted By: Dan Barrett - 04/11/13

Recycling policies is a common practice in Washington DC. In conducting NTU Foundation's BillTally research, we find many pieces of legislation that are exact matches to the previous Congress' version. Many Hill offices say the bills are placeholder legislation to show that Members care about a specific issue or see their ideas as the best solution to a local, state, or national problem. However, when it comes to the federal budget, Americans have at least seen some variance in what the President would like to do with your tax dollars. It's not the case for the Fiscal Year 2014 Budget.

One of the most startling facts about the Budget is the rosy economic projections made for taxes and other sources of government revenue. While the FY 2010 Budget projected a $512 billion deficit for FY 2013, the latest Budget predicts a $973 billion shortfall. Such billion-dollar deviations (90 percent higher) are not only cause for alarm but puts into question just how optimistic the President should be when putting together his trillion-dollar agenda.

On the spending side, which is the focus of the BillTally project, NTUF Director of Research Demian Brady and Policy Analyst Michael Tasselmyer found some peculiar proposals that might or might not add up. Overall discretionary spending falls by three percent up until FY 2016 BUT, when taking mandatory spending into account (the real source of federal spending), spending never decreases. How much? If this Budget was passed, taxpayers would be on the hook for $3.7 trillion this year and continue to grow to $5 trillion by 2021.

How does the Administration expect pay for more government? Increase taxes and expect the next President to cut spending. The estate tax, airline security fees, and the so-called "Buffett Rule" are just a few of the new costs imposed on Americans. Yet, it's hard to tell if all those new (and old) taxes would equal the projections outlined in the Budget. If deficit estimates were so off over the course of four years, how can more market distortions and public spending be accurately predicted for the future? Details and answers on NTUF's FY 2014 Budget analysis can be found here.

NTUF staff will also be highlighting other parts of the Budget in the following days here on Government Bytes, on Twitter (@NTUF), and in The Taxpayer’s Tab.

29 Comments | Post a Comment | Sign up for NTU Action Alerts


 

Items 81 - 90 of 200  Previous12345678910Next