newsobserver.com projects - Senate plan would shift taxes - Comments

Re: "Modernize Tax Code" = Lower your Taxes

Gosh — Wed, 22 Apr 2009 10:28:53 -0400

Can you even read?

The Senate Finance Committee will consider a proposal today that would reduce the sales tax rate but expand the services it covers, repeal the food tax and raise sin taxes.

Oh yes, drinking and smoking in the tax-exempt church that tells you not to do either, but vote for Bush anyway just 'cause will now cost more.

Point taken. Laughed at! But taken.

"Modernize Tax Code" = Raise your Taxes

PoliticalJunkie — Wed, 22 Apr 2009 10:19:45 -0400

Just the latest code word for a tax hike.

Senate plan would shift taxes

ryanteaguebeckwith — Wed, 22 Apr 2009 09:35:17 -0400

Senate Democrats have their tax plan ready.

According to a document received by the Associated Press, the Senate Finance Committee will consider a proposal today that would reduce the sales tax rate but expand the services it covers, repeal the food tax and raise sin taxes.

The plan would raise $600 million a year, more than the $500 million in revenue missing from the Senate budget passed earlier this month.

Under the plan:

* The sales tax rate in most counties would drop from 6.75 percent to 6 percent.

* The sales tax would be expanded to cover moving services, building repairs and downloaded music.

* Corporate and individual income tax rates would go down.

* The 2 percent tax on food at grocery stores and other retailers would be repealed.

* The cigarette tax would be increased 15 cents per pack.

* The alcohol excise tax would be increased.

The House is also expected to put together its own proposals for modernizing the tax code.