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Amid growing concerns about the mounting federal debt, Reagan signed the Tax Equity and Fiscal Responsibility Act of 1982, [205] one of the eleven times Reagan raised taxes. [206] The bill doubled the federal cigarette tax , rescinded a portion of the corporate tax cuts from the 1981 tax bill, [ 207 ] and according to Paul Krugman , "a third of ...
On March 8, 2013, President Dilma surprised her own party by announcing a tax cut on the basic food basket on television. She declared that "by cutting taxes on the basic food basket, the government will give up 7.4 billion reais in revenue per year". Other tax breaks, such as IPI and payroll tax, had also been made during his term in office.
The federal gasoline tax was first imposed in 1932 at one cent per gallon; during the Eisenhower administration, the Highway Trust Fund, established by the Highway Revenue Act in 1956, prescribed a three-cent-per-gallon fuel tax, soon increased to 4.5 cents per gallon. Since 1993 the tax has remained at 18.4 cents per gallon. [72]
The initial cost of the tunnel project was estimated in 1984 to be $334.6 million, but the final costs rose 56% over budget to a total of $468.7 million (equivalent to $1.09 billion in 2023 dollars); [10] [132] [133] the project's cost overruns were blamed on unanticipated soil conditions on the approach to Pine Street from 3rd Avenue ...
On December 11, 2013, the UFC purchased the contracts of 11 female fighters from Invicta Fighting Championships to launch their 115-pound Strawweight division. Eight of the Invicta fighters took part in the 20th season of The Ultimate Fighter , The Ultimate Fighter: Team Pettis vs. Team Melendez , along with eight additional fighters signed up ...
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