Delaware Democrats want to close the state’s $400 million budget shortfall with a tax hike on cigarettes, tobacco, alcohol, and “vaping” products.
A liberal billionaire who funds a group pushing for increased taxes on new oil and gas wells in Oklahoma has a history of avoiding taxes himself.
President Barack Obama presented a budget to Congress on Tuesday that if enacted would add nearly $10 trillion to the national debt, according to the White House’s projections.
Hillary Clinton’s proposed tax plan would raise taxes by $498 billion over the next decade and would reduce the economy’s size by 1 percent, according to analysis by the Tax Foundation.
President Barack Obama’s fiscal year 2016 budget would make permanent the Investment Tax Credit (ITC), a benefit used by Solyndra to build solar panels.
A Virginia Democrat has introduced a bill in the state legislature that would increase the per-pack cigarette tax by nearly 700 percent.