Thursday, February 9, 2012

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Tax Increases

Guam Governor Signs Tobacco Tax into Law

by taxnick on February 5, 2010

Governor Felix Camacho Friday signed bill 150 into law.
It will raise the current $1 dollar tax on a pack of cigarettes to $3 dollars. The higher tax taxes effect in 60 days, the first week of April.
Cigars will be taxed at .40 cents per mini cigar, .44 cents per regular sized cigar, and .50 cents [...]

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From The Tax Girl:
Despite the Obama administration’s efforts to close the gap between decreasing revenues and increasing expenditures, the federal deficit is expected to soar this year. Congress has been scrambling for ways to find extra dollars and one Congressman believes he’s found a way: tax online music.
It’s no wonder. The number of songs sold [...]

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New Hampshire Town Has Small Tax Increase

by taxnick on November 13, 2008

The city of Nashua has had it’s tax rate increased by less than 1 percent, the mayor announced Wednesday, and one alderman said it couldn’t have come at a better time.
“This is one of our smallest increases over the last 10 years,” Mayor Donnalee Lozeau said. “I hope this provides some comfort for our residents [...]

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