September 2006 Budget & Tax News

Issue Date: 
September, 2006
Newspaper PDF: 

The September 2006 issue of Budget & Tax News features several articles on so-called "sin" taxes--excise taxes on such product as beer, wine, distilled spirits, cigarettes, and other tobacco products. Writes Sandra Fabry of Americans for Tax Reform, "With state coffers flush with cash, general tax increases have been off the table in most states. However, proponents of higher taxes are being aided by special interest groups that want new or higher excise taxes on 'morally ambiguous' products."

On page 1:

  • Bucking the "sin tax" trend, Florida repeals its beverage alcohol tax;
  • Chicago Mayor Richard M. Daley may veto the city's recently passed anti-Wal-Mart ordinance;
  • Household mover United Van Lines reports Michigan residents are leaving the state in droves; and
  • The typical American worked until July 12 this year to earn enough gross income to pay his or her share of spending and regulatory burdens imposed by federal, state, and local governments, according to Americans for Tax Reform.

Also in this issue: Cook County, Illinois to borrow $200 million; soaring state and local government debt; few members of Congress have spending cuts on their agenda; the high cost of federal regulation; union news; and a proposed wind farm in Massachusetts.

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