Saturday, September 6, 2008

Something other than Obama and McCain

The first time I came across these articles about ballot initiatives on cutting taxes, I must say that I was surprised. Many states are already concerned about decreasing revenues from taxes because of the slowdown in the economy and now they want to vote on giving the state even less money by getting rid of the state tax. Whoever, became up with that one must be a real Einstein.

Group unhappy with tax measure's summary

By Brian Duggan

The group sponsoring a ballot initiative to cut the state income tax in half are calling foul after Secretary of State Al Jaeger changed the measure's summary to reflect a number of errors in the petition.

Income-Tax Repeal Opponents Plan Strategy
By Tammy Daniels

Opponents say it will gut social services and local aid; proponents say it will put more money in citizens' pockets. On Nov. 4, voters will decide a ballot question that could ravage local and state budgets for years to come.

Rangel Says He Didn't Know of Loan Terms
Villa Deal Compounds Controversy

Rep. Charles B. Rangel (D-N.Y.) did not know that the Caribbean resort villa he purchased 20 years ago was financed with a no-interest mortgage from the developer and has generated $75,000 in income.

Fitch Rates Connecticut's $500MM 2nd Lien Special Tax Obligation Refunding Bonds 'AA-'

Fitch Ratings assigns an 'AA-' rating to $500 million State of Connecticut second lien special tax obligation (STO) refunding bonds, transportation infrastructure purposes, 2008 series 1.

McCain, Obama Tout Competing Plans to Save Social Security
By Edwin Chen and Kim Chipman

Presidential candidates John McCain and Barack Obama made dueling pitches to the nation's elderly, each vowing to bolster Social Security while offering very different approaches.

Grandparents Plan To Help Finance Their Grandchildren's College Education

Banks are cutting student loans and financial aid packages are dwindling as the nation's freshman class reaches an all-time high.

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