States Turning to Last Resorts in Budget Crisis Raise Taxes

In Illinois, the Democratic-led legislature is fighting a plan by Gov. Patrick J. Quinn, also a Democrat, to balance the new budget by raising income taxes.

In Massachusetts, Gov. Deval Patrick, a Democrat, has threatened to veto a 25 percent increase in the state sales tax that Democratic legislative leaders say is crucial to help close a $1.5 billion deficit in the new fiscal year.

Gov. Edward G. Rendell of Pennsylvania has proposed raising the state’s income tax by more than 16 percent, to 3.57 percent from 3.07 percent, for three years — and tax increases on myriad consumer goods.

Democratic legislative leaders last week offered alternatives to Mr. Schwarzenegger’s recommended cuts, including levying a 9.9 percent tax on oil extracted in the state and increasing the cigarette tax to $2.37 a pack, from 87 cents. But Mr. Schwarzenegger has vowed to veto any budget that includes new taxes

Governors have recommended increasing taxes and fees by some $24 billion for the coming fiscal year, the survey found. This is on top of more than $726 million they sought in new revenues this year.

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During the campaign, Obama said taxes would not be raised on the poor and middle income Americans. Well tell me now that all Americans will not be paying these taxes and higher prices! As we can now see that instead of the economy getting better under the leadership of Obama, the economy is worst today than it was when he took office and his spending spree is bankruping America!

LINKS:

(1) Obama’s Budget includes $1.6 trillion in New taxes—the Largest Tax Increase in History

Angry (taxpayers) citizens open fire Lawrence City Hall

From the bullet that smashed through a Lawrence City Hall window to stinking fishes flung at the Gloucester mayor’s home.
“In this budget climate, we’re all faced with cutting jobs, people’s livelihoods,” Kirk said. “It makes a mayor a target.”

Meanwhile, at a gas station on Old Colony Avenue yesterday, State Rep. Brian Wallace (D-South Boston) got an earful from a man incensed about Gov. Deval Patrick’s proposed 19-cent gas tax hike.

“It’s gotten worse,” said Wallace, who also gets blistering e-mails from constituents. “It’s taken a different tone, an edge. People are stretched to the limit.”

Geoff Beckwith, executive director of the Massachusetts Municipal Association, fears that the anger could morph into violence as the economic crisis deepens….Read More

What does the government expect from the people when Obama is giving billions of dollars to banks that the CEO then has big parties with while the American people are hurting trying to provide for their families.

Gas tax hike protested at State House
Boston drivers cruising past the Statehouse today honked horns in opposition to a proposed 19-cent gasoline tax increase, as the governor tried to ease fears that the hike would run tandem with toll increases on the Massachusetts turnpike.
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Can anyone say Tax and Spend Liberals?