ATR - Next week, the U.S. House of Representatives will be voting on an historic repeal of the Obamacare law. While there are many reasons to oppose this flawed government health insurance law, it is important to remember that Obamacare is also one of the largest tax increases in American history. Below is a comprehensive list of the two dozen new or higher taxes that pay for Obamcare’s expansion of government spending and interference between doctors and patients. Individual Mandate Excise Tax (Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax according to the higher of the following: Read more details here:
Counting Costs of Obamacare to New Mexicans
Posted by
Jim Spence
on Saturday, January 15, 2011
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Healthcare
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Chavez: Uniting Congress
Posted by
Jim Spence
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Commentary
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Linda Chavez |
The nation faces a mountain of debt, estimated at more than $14 trillion, or more than $45,000 for every person living in the United States today. The new Republican majority in the House has promised to cut spending in order to help close the deficit and keep long-term debt from rising. They'll have the chance over the next several weeks as they move to fund government beyond the continuing resolution that expires March 4. Republicans would like to cut $100 billion out of President Obama's 2011 budget, even before the president gets a chance to present his 2012 budget expected sometime in February. But doing so will require deep cuts in existing programs, and Republicans have already taken off the table those related to Defense, Homeland Security, and Veterans Affairs. Read full column here:
Chavez: Uniting Congress
Where the Budget Cuts Might Come From
Posted by
Jim Spence
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New Mexico News
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Capitol Report New Mexico - Last Friday (Jan. 7), the Legislative Finance Committee (LFC) came out with its recommendations for closing the $250-$400 million gap in New Mexico’s budget. Then, on Monday (Jan. 10), new Gov. Susana Martinez came out with her administration’s recommendations. While both sides generally agree their respective proposals are in the same ballpark and hope legislators and the executive office can hammer out a deal in the upcoming 60-day legislative session without spilling too much political blood, Capitol Report New Mexico decided to take a closer look at the differences between the two proposals. Read full story here:
Where the Budget Cuts Might Come From
News New Mexico on the Air in Artesia
Posted by
Jim Spence
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New Mexico News
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Just in time for New Mexico's most comprehensive coverage of the upcoming 60 day legislative session, beginning Monday January 17, 2011 Pecos Valley Broadcasting's KVSP Artesia's Own 990AM will begin airing News New Mexico weekday evenings between 7:00pm and 11:00pm.
News New Mexico on the Air in Artesia
Martinez Appoints Burt and Wooley to Legislature
Posted by
Jim Spence
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New Mexico News
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Bill Burt |
Martinez Appoints Burt and Wooley to Legislature
Property Tax Disparities
Posted by
Jim Spence
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New Mexico News
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Santa Fe New Mexican - A Santa Fe couple recently became the first county taxpayers to challenge a property-tax law that has already been overturned by two judges in Bernalillo County. Nancy Udell and James Atwood, retired attorneys, filed a complaint in District Court Jan. 7 seeking a refund for part of the property taxes they paid last year and a reassessment of their home. They contend that a law that caps increases on residential property assessments to 3 percent a year — unless it sells — violates the state constitution. The law was passed in 2001 to protect longtime residents from experiencing swift increases in valuation — a phenomenon referred to as "tax lightning" — that can occur when values skyrocket due to sharp market upturns, speculation or new construction of expensive homes. Read full story:
Property Tax Disparities