Taxes

California Tax Revolt - Part 2

The voters in California on Tuesday severely rebuked the big-spending, big-taxing Republican Governor of California, Arnold Schwarzennegger. They overwhelmingly rejected, by a 2-1 margin, Governor Schwarzennegger's proposed tax increases and budget proposals which were supposed to meet his gargantuan $21.3 billion budget gap. And this was the governor who was elected to change things after the voters recalled his Democrat predecessor a few years ago because of the Democrat's big-spending, big-taxing ways.

California, in recent years, has rarely given the rest of us in America anything which was good for the nation. Considering that 33 states have either raised taxes to eliminate budget deficits or are trying to do so, the voters of California -- as they did with their earth-shaking Proposition 13 vote in 1978 -- have fired a shot across the bow of state legislatures and governors, and indeed, the Democrat-controlled Congress and President Barack Obama.

Governor Rick Perry leads effort in support of states rights

The Tenth Amendment to the United States Constitution is pretty clear.  It says that:  The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

Death Tax Needs to Die

In this Obama big-spending, high-taxing socialist era, at least one Republican in the United States House of Representatives is fighting back. The Chairman of the House Values Action Team, Congressman Joe Pitts, R-PA, introduced a bill last week which would permanently repeal the death tax, which liberals call the estate tax. What the Pitts' legislation will accomplish will be to allow family-owned farms and small businesses to remain in the hands of the families which inherit them.

Congressman Pitts said regarding his "Permanent Repeal of the Death Tax Act," H.R. : "Death should not be a taxable event. It is family-owned farms and small businesses who suffer the most from this unjust tax because these people pass down the business or the farm in the family. But the death tax can force farms and small businesses to sell assets just to satisfy the tax authorities.

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