tax

Municipalities are trying to find ways of dealing with the scourge of plastic bottles in their garbage, and with falling revenues from many sources. Plastic bottles have become a significant fraction of total garbage volume, and raise collection, handling, and landfill costs when they are not recycled. In 2011, according to NAPCOR (the National Association for PET Container Resources) 5.5 billion pounds of PET plastic bottles were available for recycling, but most of those bottles were not recycled. One answer: impose a tax on bottled water. Fewer than 1 in 3 of all PET bottles are recycled,…
Krugman is is on fire today, as he has been for a while, this time talking about the tax cuts. But, even he makes an essential error that all the democrats seem to be making. It is not about Bush's tax cuts, or keeping Bush's tax cuts or Obama raising taxes. Bush, for whatever reasons, proposed and got passed tax cuts that expire this year. That is it. They will be no more. Any changes in the tax code beyond that are not Bush's. So, at the end of this year, there will BUSH'S TAX INCREASES. That is the status quo, as set in law and signed by President Bush. If your tax increases next year, it…