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

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

That's why our military is so weak and ineffective no doubt. The same goes for SS, Medicare and the National Parks. All miserable failures.

see how badly the military and all those programs are managed now you are getting a clue.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

I love it when I read about a governor cutting taxes. Nothing like letting people keep more of the money they earn.

no state income tax where I live so the only way we can really cut taxes here is to pressure government on the amount of sales tax they charge and property taxes.
although they solved the property tax issue a few years back.

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

That's why our military is so weak and ineffective no doubt. The same goes for SS, Medicare and the National Parks. All miserable failures.

You forgot to include the Veterans Administration.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Why are they not blasting CA, NY, MI for their terrible budget woes? how big are their deficits there again? hundreds of billions of dollars?

Are the governors likely candidates for POTUS? Did those states just have massive tax cuts with no plan to balance the budget?
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

since monopolies are illegal and we have anti-trust laws to prevent them then well you are incorrect.

so please tell me why UPS, and FedEx still do very well for themselves and the USPS is in a hole so bad that they can't operate.

It's partially because USPS can't increase rates without congressional approval. I believe that UPS and FedEx can charge whatever the market will bear, and it's a lot more than 49¢ per letter.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

So you don't think we are going to learn plenty once people actually announce their candidacy?

I sure do. So if you aren't interested in knowing a little now, why did you read this thread?
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Do you think the cost of a letter represents an actual figure?

That's what a stamp costs me, that's all I know.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

deferring does not equal defaulting.

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

deferring does not equal defaulting.

From a 1 Billion surplus to deficit is not sound planning.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

From a 1 Billion surplus to deficit is not sound planning.

Yea, when I was doing the math in my head, I come up with the possibility that the state had to have increased spending by about $750 million dollars to have accomplished that.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Yea, when I was doing the math in my head, I come up with the possibility that the state had to have increased spending by about $750 million dollars to have accomplished that.

As the old saying goes-it was a smooth move exlax.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

If I recall Bush did that, results were not positive.

Taxes were cut and we had the best tax revenues ever. Had we not had the loan meltdown, those tax revenues would have kept flowing and hopefully we would have gotten some budget cutting congresscritters in place to reduce spending (my biggest complaint about the gov't at that time - they spent like a bunch of drunken Democrats). The Clinton era of prosperity was due to the long term effects of the Reagan era tax cuts. So yes, the results were positive, we just had a congress that spent too much and a People who borrowed too much - neither of which means that the tax cuts didn't increase tax revenue.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Are the governors likely candidates for POTUS? Did those states just have massive tax cuts with no plan to balance the budget?

does it matter if they are running for POTUS? those states have massive taxes and still can't balance their budgets.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Taxes were cut and we had the best tax revenues ever. Had we not had the loan meltdown, those tax revenues would have kept flowing and hopefully we would have gotten some budget cutting congresscritters in place to reduce spending (my biggest complaint about the gov't at that time - they spent like a bunch of drunken Democrats). The Clinton era of prosperity was due to the long term effects of the Reagan era tax cuts. So yes, the results were positive, we just had a congress that spent too much and a People who borrowed too much - neither of which means that the tax cuts didn't increase tax revenue.

Can we have some numbers & some links for that please. Over 1 Billion is a large number- revenue up- yet go from a massive surplu to a substantial deficit-
Loan meltdown???? Clarification please.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

From a 1 Billion surplus to deficit is not sound planning.

the surplus was a projection that didn't turn out. the tax cut was made on the projected surplus. it happens all the time.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Did you stop beating your wife? That's a cool one.

How about the Washington Post do a story about how the state governments are doing in all the 50 states rather than singling out one state who has a governor who may run for President? Most of the time no one cares what happens in Wisconsin, what is the agenda now?

Imma step out on a limb here and suggest that it might be because Walker is the governor of Wisconsin and Walker is presumed to be running for the GOP nomination for President, and will run on his record in, ahhh, you know, Wisconsin? :unsure13:

I mean, I don't know. It's just a wild guess. :shrug:
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Can we have some numbers & some links for that please. Over 1 Billion is a large number- revenue up- yet go from a massive surplu to a substantial deficit-
Loan meltdown???? Clarification please.

This is such common knowledge that I'm embarrassed for you. Tax revenues during the Bush admin. were at all time highs. Get educated about the real effect of the tax cuts so that we can have an intelligent conversation.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Imma step out on a limb here and suggest that it might be because Walker is the governor of Wisconsin and Walker is presumed to be running for the GOP nomination for President, and will run on his record in, ahhh, you know, Wisconsin? :unsure13:

I mean, I don't know. It's just a wild guess. :shrug:

You are absolutely right. it IS a relevant question to ask and Walkers positions are absolutely something people nationwide should be concerned about because he is ASKING them to be concerned about them. The question is not why are Walkers positions relevant. The question is, why are people that accept and tolerate the identical actions of his predecessors in the governors mansion suddenly ****ting themselves intentionally because Walker did what they have done. THAT is a relevant question.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Not agreeing to wage and pension increases for school administrators and teachers is not cutting education.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

You are absolutely right. it IS a relevant question to ask and Walkers positions are absolutely something people nationwide should be concerned about because he is ASKING them to be concerned about them. The question is not why are Walkers positions relevant. The question is, why are people that accept and tolerate the identical actions of his predecessors in the governors mansion suddenly ****ting themselves intentionally because Walker did what they have done. THAT is a relevant question.

You may have me there. I'll have to look at his predecessors and see what they did regarding unions, cutting higher education budgets, not making payments on the State debts.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Privatizing is less costly ergo less taxes ergo more money and jobs for the middle class to fill.

Not always. Our privatized health care system delivers mediocre 1st world healthcare outcomes at costs 50% higher than any other first world country.
Every other 1st world country has public healthcare or public/private healthcare; every other 1st world country has better healthcare outcomes; and every other 1st world country does it as healthcare/GDP of 12% or less (the US is 17%).

ACA - Healthcare - Life_expectancy_vs_spending_OECD.jpg

http://data.worldbank.org/indicator...pi_data_value+wbapi_data_value-last&sort=desc
 
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Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

...ion debt payment


Scott Walker cut $541 million in taxes last year. Now his state will miss a $108 million debt payment. - The Washington Post




This is the champion of fiscal conservatism and responsible governance? Oh My. Defaulting on a payment, costing the taxpayers' kids more in the future. This is my complete lack of surprise.
Maybe if he just cut taxes some more?

Oh, spare me the faux liberal/progressive/Democratic outrage.

When y'all are honest enough to care about the children of the future on the national level, you'll have the right to care about WI's children.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Veey good. I got you to read it after all. :)

Considering I joined here during his term, and I just learned about this today, no I have not criticised his predecessors

Don't lie. You know that you just now had to Google the definition of the word "predecessor". :2razz:
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

You may have me there. I'll have to look at his predecessors and see what they did regarding unions, cutting higher education budgets, not making payments on the State debts.
Well...what we know for sure is his predecessors DID use the same payment delay tactic. We also know his predecessor was responsible for cutting a buttload of unionized teachers jobs that they tried to pin on Walker. But by all means...you SHOULD look into it. Look into why a blue state would go away from a democrat governor and why they would not only elect Walker but reelect him comfortably.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

This is such common knowledge that I'm embarrassed for you. Tax revenues during the Bush admin. were at all time highs. Get educated about the real effect of the tax cuts so that we can have an intelligent conversation.

What a load of BS. You need to join the real world.....Not only did the Bush tax cuts reduce revenue by nearly $3 TRILLION but the SLOWER than expected growth that followed cost another 3.5 Trillion in lost revenue. Here's a Reagan man to explain it for you.

Revenue has averaged 18 percent of G.D.P. since 1970 and a little more than that in the postwar era. At a similar stage in previous business cycles, two years past the trough, revenue was considerably higher: 18 percent of G.D.P. in 1977 after the 1973-75 recession; 17.3 percent of G.D.P. in 1984 after the 1981-82 recession, and 17.5 percent of G.D.P. in 1993 after the 1990-91 recession. Revenue was markedly lower, however, at this point after the 2001 recession and was just 16.2 percent of G.D.P. in 2003.

The reason, of course, is that taxes were cut in 2001, 2002, 2003, 2004 and 2006.

It would have been one thing if the Bush tax cuts had at least bought the country a higher rate of economic growth, even temporarily. They did not. Real G.D.P. growth peaked at just 3.6 percent in 2004 before fading rapidly. Even before the crisis hit, real G.D.P. was growing less than 2 percent a year.

By contrast, after the 1982 and 1993 tax increases, growth was much more robust. Real G.D.P. rose 7.2 percent in 1984 and continued to rise at more than 3 percent a year for the balance of the 1980s.

Real G.D.P. growth was 4.1 percent in 1994 despite widespread predictions by opponents of the 1993 tax increase that it would bring on another recession. Real growth averaged 4 percent for the balance of the 1990s. By contrast, real G.D.P. growth in the nonrecession years of the 2000s averaged just 2.7 percent a year — barely above the postwar average.

Few people remember that a major justification for the 2001 tax cut was to intentionally slash the budget surplus. President Bush said this repeatedly during the 2000 campaign, and it was reiterated in his February 2001 budget document.

In this regard, at least, the Bush-era tax cuts were highly successful. According to a recent C.B.O. report, they reduced revenue by at least $2.9 trillion below what it otherwise would have been between 2001 and 2011. Slower-than-expected growth reduced revenue by another $3.5 trillion.

http://economix.blogs.nytimes.com/2011/07/26/are-the-bush-tax-cuts-the-root-of-our-fiscal-problem/?_r=0
 
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