John Boehner held out the olive branch to President Obama today, saying that he would be willing to consider tax increases under the right conditions. He further called on the President to act as a leader
Regardless of the American economy’s checkered enthusiasm, it appears as if consumers are currently aboard the fast track to higher taxes and rising prices on things like health care and grocery items scheduled to come around at the turn of the new year.
According to a 2010 study done by the nonpartisan, Washington D.C. based Tax Foundation entitled, "Annual State-Local Tax Burden Ranking", Louisiana has the fourth lowest local-state tax burden in the nation at 7.8 percent.
Mitt Romney decided today to release his taxes from 2011. In addition, his blind trust released a letter indicating that he paid his taxes over the course of a longer period of time before that. In his taxes, he paid 14.1 percent with his income being based on investments. In addition, he showed that
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