Posts Tagged ‘tax’

New York Set to Tax Cigarettes on Indian Reservations

New York, the nation’s third-most populous state, may begin collecting taxes as soon as tomorrow on cigarettes sold by Indians from their reservations to non- tribal buyers after a judge refused to block the levies. ... read more >>

Senecas want court to decide tax dispute

The Seneca Nation of Indians wants a court to decide the validity of legislation on collecting taxes on Native American-sold tobacco before the state enforces the law on Sept. 1. ... read more >>

State to return Seneca truck, cigarettes

ALBANY — Just two days after seizing a truck owned by a Seneca Nation businessman and the thousands of cartons of untaxed cigarettes inside it, the state tax department backed down Wednesday. ... read more >>

Anger rises over new cigarette tax

There’s plenty of anger among smokers and the Seneca Nation about plans in Albany to hike the cigarette tax and collect it on reservations. Monday’s emergency spending bill will include a plan to increase New York State Cigarette Tax up to $4.35, making it the highest in the nation. “Beaurocratic crap, that’s what I call it!” ... read more >>

Another alcohol tax hike set to sting drinkers

Britain’s alcohol prices are about to be hiked once again as the cost of beer, wine and spirits are set to rise in the forthcoming emergency Budget. It will be the second such tax rise in three months as the Treasury considers a repeat of the 5 per cent increase in alcohol duty imposed in the March Budget. Chancellor George Osborne is set to reveal the tax-raising package next week and reports say that VAT is likely to be increased as well. ... read more >>

Capital gains tax: Dark clouds ahead in the countryside?

It is eight o’clock on a sunny Thursday morning, and the village of Burnham Market on the north Norfolk coast has already opened one eye. A local farmer is delivering asparagus to Gurney’s, the fishmonger. Apricot-washed and pantiled, Grooms Bakery is fragrant with the smell of croissants, while the Krusty Loaf van, smartly decorated with a logo of an ear of wheat, stops at the upmarket delicatessen Humble Pie. Joggers are out, with the healthy complexion of folk who will later be sailing. In a couple of hours, the place will be packed. We are in half-term week. The second homers have arrived. ... read more >>

Quinn Has Tragically Wasted Budget Opportunities

As the General Assembly prepares to tackle the budget once and for all, Governor Pat Quinn is pointing the finger at everyone but himself. On Thursday, Quinn told reporters, “When the legislature wants to drift off and not focus on doing important things for the people, the governor has to call them back and make sure they do their duty.” I did not shirk my duty to represent the people of the 63rd District. Rather, I have offered and continue to offer sincere spending cut suggestions. In fact, I am still the only member of the House of Representatives to file any amendments to the current budget bill. ... read more >>

Democrats propose tax hikes in response to Schwarzenegger’s fiscal plan

The Democrats who control the Legislature have fired their opening salvo against Gov. Arnold Schwarzenegger’s spending blueprint, which proposed eliminating California’s welfare program and cutting deeply into other state services, by proposing that the state rely instead on billions of dollars in new taxes to balance the budget. ... read more >>

Illinois Budget Crisis: Lawmakers Head Back To Springfield To Work On Budget

Illinois lawmakers are going to take another stab at passing a new state budget. Democratic legislative leaders said Thursday they will call lawmakers back to Springfield next week in hopes of approving a spending plan by May 31. Stumped over what to do with a $13 billion budget deficit, the Legislature adjourned earlier this month without passing a budget. The Senate approved one version, but the House balked and Speaker Michael Madigan sent lawmakers home until he was ready for them to try again. ... read more >>

Chicago Cigarette Tax: Study Shows 75% Of Chicagoans Buy Cigarettes Out Of City

A cigarette tax increase is one source of revenue that legislators often see as win-win: either people will choose to keep smoking and pay an extra premium for it, or they’ll quit smoking and get healthier. Lawmakers have proposed a $1-a-pack tax increase to help resolve Illinois’ budget crisis. But opponents of the tax worry that smokers will just cross state lines, or buy on the internet, to avoid paying higher taxes. And a new study suggests that a majority of Chicagoans are doing just that. ... read more >>

Governments pledge crackdown on online alcohol ads, mull higher booze taxes to stem drinking

Countries around the world are pledging to get tough with companies that market beer and liquor on social media networks such as Facebook, warning that such promotions threaten to entice a new generation into harmful drinking patterns. The crackdown is part of a strategy endorsed Thursday by the World Health Organization’s 193 members, breaking decades of global inaction on one of the leading causes of death. It also puts national governments on a collision course with an industry wary of new taxes and advertising controls. ... read more >>

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