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

  1. #321
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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 SenorXm/Sirius View Post
    I doubt anyone knows yet how the hack happened.. Sony's hack had everything to do with email. Email's are sometimes a way in.

    Anyway the Internet has a big problem with security, and because of that, and the Constitution the USPS isn't going anywhere anytime soon.
    No, the Sony hack had absolutely nothing to do with email.

    Do you always post without bothering to know what you are claiming ???

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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, the Sony hack had absolutely nothing to do with email.
    Sony's email was hacked. That's a fact and common knowledge. You just throw out one-liners about the USPS and now Sony which are your your opinion, and those opinions are wrong, but you expect me to take your nonsense as fact.

    I don't play that game.

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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 doing as Norquist calls starving the beast. He wants to kill all government programs in order to privatize everything. It will make his wealthy contributors wealthier while hurting everyone else in his state. He's a perfect tool for them.
    Quote Originally Posted by MrVicchio View Post
    As opposed to taxing everyone into poverty?
    Quote Originally Posted by rabbitcaebannog View Post
    The fastest way to poverty for the middle class is to privatize everything.
    Quote Originally Posted by Kal'Stang View Post
    How do you figure?
    Quote Originally Posted by rabbitcaebannog View Post
    The privatized scheme was tried in Chile under the Chicago Boys and Pinochet. At the time the country was experiencing poverty around the same as our own. Once they enacted their goals half the country plunged into poverty. It was only after the country started to put back into place social safety nets they had dismantle, many were able to climb out of poverty and back to the ranks of the middle class.
    Quote Originally Posted by MrVicchio View Post
    Privatizing is less costly ergo less taxes ergo more money and jobs for the middle class to fill.
    To a degree, MrVicchio is right. The more public-sector industries are privatized, the more jobs there could be to go around. The only problem is those newly created jobs will need to be long lasting, high paying and not depend on government funding neither at the state nor federal level to make up cashflow gaps. Otherwise, the moment their is a cashflow problem and that government cost ratio/federal match isn't met, something will have to give. And the thing that's usually cut first in any downturn in a business cycle is jobs.

    Of course, the fall back is (or should be from the conservative mind-set) charitable organizations coming to the aid of those in need who can't otherwise afford to pay for those things public services once provided, but when you have so few wealthy people to give to said charities and the public-at-large can ill afford to put any of their disposable income toward charitable giving, that does create problems in the public domain.

    From an economic standpoint, what Conservatives are doing along the lines of "privatize everything or as much as possible" is akin to charging (higher) fees for every taxpayer funded public service. Sounds nice in theory, but in practice it only holds up if their is an abundant need for such services for the marketplace said services once served AND the cost of such services are affordable. Bottom Line: You can't beat free. But if you want to compete with a need niche market, the price must be affordable, the cost of services self-sustaining and the salaries for those newly privatized jobs must be well above the minimum wage. Otherwise, any dream of adding to the consumer driven economy will eventually be exposed for the wet dream they are. Service-sector jobs can help pull the economy along, but they can't sustain them in the long-run. At some point you have to produce something.
    "A fair exchange ain't no robbery." Tupac Shakur w/Digital Underground

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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 faithful_servant View Post
    The reasoning behind missing the payment is that tax cuts are a long term solution, not a short term solution. That means that there will have to be some sacrifice initially to see the results down the road. Tax cuts don't automagically create money, they take some time to help build the economy. This is why liberals just don't get the benefits of tax cuts - most liberals are short term oriented. If you don't see the results NOW, they didn't happen. I don't like the idea of missing that payment, as I'm sure Gov. Walker does as well, but I understand why it's necessary.
    Tax cuts aren't a problem when they're fair and meant to be temporary. It's when they're made permanent and/OR the responsibility of government revenue generation isn't distributed on a more equitable basis, i.e., less taxation for the rich, more taxation for the working-class, very little if any for the poor, that's when it becomes a problem. Prolonged (or permanent) tax cuts further compound problems in the economy when your tax structure is based moreso on consumption and the number of consumers dwindle OR the cost of consumer goods and services increase where wages remain relatively flat. When such happens, you lose the positive impact consumer spending is meant to have on the economy. Less buyers, more sellers = reduced GDP (in this case at the state-level) which translates to less revenue to work with.

    Even if the debt is spread out over time, you'll still have to make up that revenue shortfall somewhere. So, the irresponsibility here per the OP really is the fact that Gov. Walker's tax cutting budget strategy does "kick the can further down the road" by purposely running up a short-term debt with no way to pay it down in the near future despite coming into office lamenting "balanced budgets, debt/deficit reductions". Put another way: If Republicans are going to scream about the federal government running up debts and deficits, then why can't the people call out state executives for doing the same?
    "A fair exchange ain't no robbery." Tupac Shakur w/Digital Underground

  5. #325
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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 ernst barkmann View Post
    it should be noted that federal law dictates, that Fedex and UPS cannot undercut USPS
    Which doesn't seem relevant because they aren't anywhere near USPS prices!
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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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 ocean515 View Post
    Well, there is opinion, and then there are facts. I appreciate your opinion, but I'll stick to the facts.

    Best to fund the pension plan when there are 1000 employees rather than try to do it with 100 years later. Those are the facts. You're welcome to hate on Republicans while doing everything you can to ignore the facts.
    Clearly you don't.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

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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 Fletch View Post
    Nor is it yours. Nearly $8 trillion of that $18 trillion has been amassed under one man: Obama.


    Pure BS.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

  8. #328
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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 poweRob View Post


    Pure BS.
    The debt hit $10 trillion in October of 2008. Obama took office 3 months later. Do the math.
    Actually, I will do the math for you since it seems to be giving you some trouble. Ready?

    18,000,000,000,000
    -10,000,000,000,000
    8,000,000,000,000

  9. #329
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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 Fletch View Post
    The debt hit $10 trillion in October of 2008. Obama took office 3 months later. Do the math.
    Actually, I will do the math for you since it seems to be giving you some trouble. Ready?

    18,000,000,000,000
    -10,000,000,000,000
    8,000,000,000,000
    Whose budget was that 2009 budget again?

    I'll let the uber conservative think tank CATO Institute explain it for you.

    Don’t Blame Obama for Bush’s 2009 Deficit

    ... (Fletch's opinion is wrongly) based on the assumption that the current administration should be blamed for the 2009 fiscal year. While this makes sense to a casual observer, it is largely untrue. The 2009 fiscal year began October 1, 2008, nearly four months before Obama took office. The budget for the entire fiscal year was largely set in place while Bush was in the White House.

    Nice try. Too bad your snark has to taste like crow now.
    Last edited by poweRob; 02-26-15 at 12:07 AM.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

  10. #330
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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 poweRob View Post
    Whose budget was that 2009 budget again?

    I'll let the uber conservative think tank CATO Institute explain it for you.

    Don’t Blame Obama for Bush’s 2009 Deficit

    ... (Fletch's opinion is wrongly) based on the assumption that the current administration should be blamed for the 2009 fiscal year. While this makes sense to a casual observer, it is largely untrue. The 2009 fiscal year began October 1, 2008, nearly four months before Obama took office. The budget for the entire fiscal year was largely set in place while Bush was in the White House.

    Nice try. Too bad your snark has to taste like crow now.
    It doesn't taste like crow at all. I love how you liberals want to give Obama credit for all the spending that helped save the world from the global recession but stick Bush with the tab. Have it your way. It was Bushs spending and budget that lifted us out of the recession, which only serves to make Obama that much more of an insignificant president. But unfortunately for you, the math still doesn't work in your favor. Pile that trillion onto Bush and you still have $7,000,000,000,000 added to the debt by a single man: Obama. And he isn't done yet. He will get to 8,000,000,000,00. Easy.

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