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Thread: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108 mill

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by CanadaJohn View Post
    This thread shows no such thing.
    Smart money management has a rainy day surplus/fund- he went from a huge surplus to a deficit in a very short time. Call it what you want, I call it a dumb move.
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    Hillary is the only defense I or anyone else needs.
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    Not once have I showed my dick to a woman and she thought it was creepy. In fact, in 100% of the cases, they were pretty excited about it. I don't know who you're showing your **** too.

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by Gill View Post
    No, a fiscal conservative uses the public's money wisely, like taking advantage of historically low interest rates to defer a payment cheaply and provide better benefits for his constituents, rich and poor.
    Why would he need to borrow when he had a surplus in tax money? That's just not 'fiscal' at all. Now people will have to pay toward interest payments.

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by JANFU View Post
    Smart money management has a rainy day surplus/fund- he went from a huge surplus to a deficit in a very short time. Call it what you want, I call it a dumb move.
    I think that is why so many truly fiscal conservatives get angry. This kind of stuff is hardly fiscal at all.

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by rabbitcaebannog View Post
    He knew he was going to invest in infrastructure, but instead of saving for it or putting some money aside for whatever expenditures would happen, he made a decision to borrow because it was more important for him to give back money to the richest in that state. That is not fiscal whatsoever.
    Debenturing capital expenditures is a standard practice of all businesses and governments since the invention of the wheel. At a time when interests rates are historically low with no rise in sight, this is exactly the time to borrow to build. Going into debt to fund day to day operations, on the other hand, is in no way conservative, but a liberal pastime.

    And I do love the other liberal mindset you expose - "giving money back" to the "richest" constituents - when really what he's doing is letting taxpayers retain in their own pockets their own hard earned money. And I suppose, in the liberal mindset, taxpayers are rich, and retaining their earnings must be discouraged for the good of the collective.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by Fearandloathing View Post
    The Democrats already have three declared candidates...

    Democratic Party presidential candidates, 2016 - Wikipedia, the free encyclopedia

    I like Vermin Supreme...Supreme initially announced his intention to run in 2016 during his 2012 presidential campaign.[2] He confirmed his candidacy in May 2014[3][4]
    Gee, thanks FL. Didn't know a list had been started. After review, I kind of have to disagree with your thoughts on Mr. Supreme.

    I think Jeff Boss would appeal to most of the young Liberal/Progressive voters, as well as a large demographic of others on the left accustomed to believing all they are told. With Jeff's experience at thinking outside of the box, he might be somebody to keep an eye on.

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by CanadaJohn View Post
    Debenturing capital expenditures is a standard practice of all businesses and governments since the invention of the wheel. At a time when interests rates are historically low with no rise in sight, this is exactly the time to borrow to build. Going into debt to fund day to day operations, on the other hand, is in no way conservative, but a liberal pastime.

    And I do love the other liberal mindset you expose - "giving money back" to the "richest" constituents - when really what he's doing is letting taxpayers retain in their own pockets their own hard earned money. And I suppose, in the liberal mindset, taxpayers are rich, and retaining their earnings must be discouraged for the good of the collective.
    He's giving tax money back and then borrowing and then has to pay interest. Either he's not very smart or holds other things near and dear and it isn't being fiscal.

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by rabbitcaebannog View Post
    I think that is why so many truly fiscal conservatives get angry. This kind of stuff is hardly fiscal at all.
    Up North here we went thru this in the 90's. Massive deficits and rising. Liberals came in, massive cuts. It also helped that the world economy started growing, Under Chretien, his Finance Minister, Paul Martin, always had a low budget surplus as projected. Year after year it came in well above projections. Got to be a tad bit of a joke. Project a 3 billion surplus, come in at 10 Billion.
    Myself, over the years I have voted, Conservative, Reform and Liberal, not in any particular order.
    The thing about projecting a small surplus, stating you are a fiscally orientated Leader, is the unexpected can happen.
    I bet dollars to donuts he was aware of this.
    He did not take this into consideration or ignored simple facts, and I think this was done due to him wanting to step onto the national stage.
    As I stated earlier- a dumb move on his part.
    Quote Originally Posted by Fenton View Post
    Hillary is the only defense I or anyone else needs.
    Quote Originally Posted by apdst View Post
    Not once have I showed my dick to a woman and she thought it was creepy. In fact, in 100% of the cases, they were pretty excited about it. I don't know who you're showing your **** too.

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by rabbitcaebannog View Post
    He's giving tax money back and then borrowing and then has to pay interest. Either he's not very smart or holds other things near and dear and it isn't being fiscal.
    I see you don't have the mindset to understand that cutting tax rates is not "giving tax money back" - it's actually not confiscating it in the first place. And good fiscal conservatives in government do not try to run huge surpluses. The try to run and budget debt neutral budgets that get the mandatory government functions funded as well as capital improvements funded over the long term.

    It is an absolute guarantee that if a conservative Governor created a "rainy day fund" that was constantly growing, the very minute a liberal Governor was elected, there'd be a torrential downpour of spending.
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by rabbitcaebannog View Post
    He's giving tax money back and then borrowing and then has to pay interest. Either he's not very smart or holds other things near and dear and it isn't being fiscal.
    You get that thats not how budgets work for the state OR the fed...right? Every state carries debt. Wisconsin has a total debt of about 45Billion dollars. Thats not realized overnight...thats accumulated over the states history. Annual budgets pay down the debt and pay for operating costs. Because states might have an annual budget surplus, that does not mean the state doesnt have debt.

    Remember the Clinton administration? By intelligently working with the republicans in congress and imposing reforms and spending controls, Clinton was able to sign the budget, passed by the GOP congress, which resulted in an annual surplus. but while touting aa budget SURPLUS, we were in fact in debt, with the debt increasing from 4.065 trillion when he took office to 5.674 trillion when he left office in 2000. Yes...even with a budget 'surplus'. Bush went from 5.674 trillion to 10 trillion. Obama has taken us from 10 trillion to 18 trillion.

    Walkers record deserves scrutiny. Scrutiny does not mean a bunch of drive by gotcha hit pieces that mindless morons can regurgitate without understanding.

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    Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

    Quote Originally Posted by CanadaJohn View Post
    I see you don't have the mindset to understand that cutting tax rates is not "giving tax money back" -
    When you have to borrow (and pay interest) because you gave back your revenue it most certainly is short sighted and far from fiscal.

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