Powered By: Cost of living by state

Will California Tax Tweaks Raise Cost of living?

The cost of living in every state is on the rise. California is no exception. There are many proposed taxes hikes that state leaders are trying to sneak on the 2012 ballots.

Taxing Crude Oil and the Cost to Californians

Cost of living in CaliforniaThe proposal is to levy a 9.9% extraction fee on each barrel of oil. City leaders are saying the oil taxes could bring in up to $3.5 billion for schools, while somehow preventing oil companies from raising the price of gasoline.

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Orange County Schools Could lose Property Tax Earmarks

Orange County officials stated that because of budget shortfalls they may divert property tax revenues away from public schools in January and May of next year. As a result hundreds maybe joining the unemployment line. The extra funds would be used to maintain correctional facilities and pay down the counties debts.

Are Politicians Breaking the Law?

California Cost of livingIt is interesting to note that the state is investigating the legality of Orange Counties desire to divert over 73 million dollars from public schools. A spokesperson for the state finance department stated that if Orange County follows through on its vow to redirect the funds, the state might take legal action against the county.

County Auditor David Sundstrom said he would not redirect the funds if he thought it was illegal and is trying to work with the state to find a resolution.

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Will Congress Extend Payroll tax cuts & Federal Unemployment Benefits?

Our indecisive congress will have to come to an agreement on whether or not to continue the payroll tax cut and federal unemployment benefits. Both are set to expire at the end of 2011.

Obama Supports Renewing Payroll Tax Cuts

Compare Cost of livingPresident Obama last week called for extending the cut in payroll taxes. The President has been campaigning in support for bigger temporary payroll tax cuts. Obama is pressuring Congress to renew and increase next year’s payroll tax cut. Obama claims it will raise consumer demand and boost the economy. If Congress fails to make a decision by the end of the year than the payroll tax would return to 6.2%. This would increase taxes on 160 million working Americans.

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The Latest on Health Care cost in Hawaii

Cost of living in Hawaii could be on the rise again in lieu of proposed Health care increases. Kaiser Permanente and the Hawaii Medical Service Association are lobbying the state division to raise premiums upwards. Unfortunately this is a nation wide trend but Hawaiian’s can not afford yet another raise in their cost of living. With a weak economy and job market along with high energy and food costs the citizens of Hawaii are already finding it difficult to make ends meet.

The Proposed Raise in Insurance Premiums

Cost of living in HawaiiThe Hawaii Medical Service Association after raising premiums 11.7% two years ago and 14.8% this year are trying to increase rates for 84,000 members by 3.6% starting next year. HMSA is celebrating a $5.8 million profit this quarter and hopes to host an even bigger party at the end of the 1st quarter next year. They did post a $4.1 million loss a year earlier.

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How Energy Comsumption affects the Cost of Living for every Hawaiian

Hawaii is in dire straits when it comes to energy. Although Hawaii has taken enormous strides to develop alternative energy projects it still is a long way from getting its fossil fuel dependency under control. The cost to Hawaiian is nothing less then shocking. Hawaii ranks 2nd now to Connecticut in energy consumption.

The Facts Regarding the Cost of Energy in Hawaii

Cost of living in HawaiiHow does energy consumption affect the cost of living in Hawaii and what steps are being taken to reduce Hawaii’s fossil fuel reliance? Also – Rebates for Hawaiians looking to buy Green.

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