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Maryland's Democratic governor is pushing this year for a tax increase on high earners, although whether one will be passed before the state's new fiscal year begins on July 1 is unclear.
Senator Susan Collins, Republican of Maine, said Tuesday that she had suggested a tax increase on high earners that protected employers from that burden.
While many civic and social service groups and labor unions have lobbied for a tax increase on high incomes to restore money for social programs, Mr. McCormac repeated today that the administration opposed raising any broad-based taxes.
Labor, social service and education groups called today for an income-tax increase on high earners to avert some of the severe cuts in Gov. James E. McGreevey's proposed budget.
Republicans are sensitive to the notion that there is public support for a tax increase on high earners, and to their being portrayed as the party of Daddy Warbucks.
After a big tax increase on high incomes, people should have an especially strong incentive to give money to good causes: to the needy and to schools, colleges, hospitals, churches, the arts and other purposes.
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The government expects the tax increase on high-end real estate transactions to more than make up for the revenue lost because of the income tax cut.
That would be Australia's incoming prime minister, Tony Abbott, who has basically ridden a kind of anti-Bloombergism to power down under — campaigning against the carbon tax and taking a fairly conservative line on social issues, but also playing a little pro-family class warfare, promising to finance more generous benefits for parents with a tax increase on high-earning companies.
TRENTON — Gov. Chris Christie on Thursday vetoed more than $1.3 billion in spending, much of it for schools, and struck down a sharp tax increase on high-income people in a sweeping rejection of attempts by Democrats in the Legislature to assert some control over the state budget.
Because much of the savings that can drive investment and economic growth over time comes from the relatively small fraction of individuals in the top income tax bracket, permitting a tax increase on high-income earners would be a significant disincentive for savings.
Third Way framed the Colorado proposal as a tax increase "on high-income Coloradans".
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