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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

I think centrist on both sides of the political spectrum get usually get picked.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Republicans pay down debits. :lamo

Bush: Surplus Justifies Tax Cut

President Bush said Saturday that the most important number in the budget he sends to Congress next week is the $5.6 trillion surplus it projects over the next 10 years.

That huge projected surplus provides the underpinning of all the administration's tax-cut and spending plans, Mr. Bush said in his recorded weekly radio address.

"A surplus in tax revenue, after all, means that taxpayers have been overcharged," the president said. "And usually when you've been overcharged, you expect to get something back." The surplus figure "counts more than any other" in the budget, he said.....

Read more here:Bush: Surplus Justifies Tax Cut - CBS News
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Republicans see surpluses as overcharges, that is their SOP.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

iguanaman said:
It's not that we are rooting for Jeb as much as we can see that he is the "anointed one". Why do you think Romney dropped out so quick? He got he word from the ones that matter. It is going to be Jeb this time no matter how much you guys kick and scream and no matter who gets votes in the primaries. We will save our ammo for the campaign. Believe me there is plenty on Jeb as if his last name is not enough. A 3rd Bush in a row for the GOP? LOL
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Unfortunately politics only works that way in movies......

It's all about the money...who has it and who can get it. No body is sitting in a back room somewhere saying this guy or that guy in the Republican party...the party famous for shooting inward. Should anyone ever have any proof that such deals are made they are free to write an expose'.....and there are so many out there....

Romney backed out, it is said, that he couldn't find the $ to do the preliminary ground work, building the team who will find out if enough money and support are there. He's had two runs at it and blew it, and blew it bigger than Dewey last time, no one wants to touch him.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Fearandloathing said:
I love it too.

While the Obama administration goes into debt faster than the Starship Enterprise can find disaster, this thread about Scott Walker has become a debate of the minutea of the Bush administration and its activities eleven years ago.

Nothing happens in Obamaland that does not include a few hundred posts about the Bush administration even down to whether figures are adjusted for inflation.

How come no one ever asks such detailed questions of the guy spending the money now?
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Not only has the thread devolved, as usual, but the OP is a flat out lie, one of two the author of the OP has posted on DP. In one it was Walker Defaults, this one is about missing a payment. Neither took place, but that doesn't stop them from posting. At no place is the fact this practice of deferring is within the governors authority, has been going on in Wisconsin since 2001, and was done by the previous Democrat Governor despite the high taxes that were in place.

What we seen here is nothing but the Progressive Machine media blitz to attack every potential non-Liberal/Progressive candidate they can dream of. The grubbers are just the lap dogs that gladly spread the lies because I guess they think it makes them look important and informed.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

MrVicchio said:
Thats the worst example. usps should be disbanded
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MrVicchio said:
...I avoid the usps if at all possible.
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....For more than 235 years, the United States Postal Service (USPS) has been one of the nation’s largest employers of Veterans, second only to the Department of Defense.

In fact, we currently have nearly 120-thousand employees — 21 percent of our workforce — who have worn their military and postal uniforms with pride. Last year, we were proud to have more than 530 of our employees on military leave, actively serving our nation. That commitment continues right into 2012.....
Mass Vets Advisor > Detail > United States Postal Service Careers
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https://about.usps.com/who-we-are/postal-history/employees-since-1926.pdf

Tell us more about your hatred for the postal service.

:popcorn2:
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

iguanaman said:
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.



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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The idiocy of that is that it only looks at one side of the equation, it ignores the FACT that tax revenues went UP to historically high levels.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

ocean515 said:
Not only has the thread devolved, as usual, but the OP is a flat out lie
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missing a payment and restructuring the terms of your debt because you can't (or choose not to) pay isn't defaulting?
news to me, we had a giant national hissyfit over this a few years ago that resulted in the US credit being downgraded. Or maybe you conveniently forgot about that?

if there's another more accurate term *mods feel free to change the wording instead of default in the OP*


see pages 163-164
https://www.richmondfed.org/publications/research/economic_quarterly/2007/spring/pdf/martinez.pdf

I can admit if I'm wrong, but that's how I've always understood the word to mean.
 
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Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

ocean515 said:
Not only has the thread devolved, as usual, but the OP is a flat out lie, one of two the author of the OP has posted on DP. In one it was Walker Defaults, this one is about missing a payment. Neither took place, but that doesn't stop them from posting. At no place is the fact this practice of deferring is within the governors authority, has been going on in Wisconsin since 2001, and was done by the previous Democrat Governor despite the high taxes that were in place.

What we seen here is nothing but the Progressive Machine media blitz to attack every potential non-Liberal/Progressive candidate they can dream of. The grubbers are just the lap dogs that gladly spread the lies because I guess they think it makes them look important and informed.
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I am struck by the level of fear.....

Mention a possible candidate and very quickly we will have over a hundred posts attacking that person's character. That's fear.

To me, it is like the insecure boyfriend always putting down any other man in his girlfriend's life, fear that she might see his faults though a comparison. They have nothing to offer and feel it, when was the last time we saw a thread started by the left hailing the virtues of Hillary Clinton as president? Who do they have if not her?

In that cauldron of mist, they have nothing to give them warm and fuzzies.....so any possible candidate must be attacked with everything they have...

But it is incredibly stupid. First, they telegraph they're own plan and allow the other side time to counter and, two, it creates the idea in the minds of the undecided that they really have nothing to offer, like walking onto a used car lot and before they tell you about the cars they have, they tell you all about how the other guys are cheats.
 
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Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Hmmmm, maybe I missed a post but I saw nothing attacking his character. No one called him a womanizer, baby beater, terrorist, etc.....The thread basically shows how he is not a "fiscal" conservative.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

CanadaJohn said:
Seriously - gratuitous insults from you are the norm here and mean nothing.
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Show where my words are wrong and/or where the math in the Forbes article is inaccurate.
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Consider the source:


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

rabbitcaebannog said:
Hmmmm, maybe I missed a post but I saw nothing attacking his character. No one called him a womanizer, baby beater, terrorist, etc.....The thread basically shows how he is not a "fiscal" conservative.
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This thread shows no such thing.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Fearandloathing said:
I am struck by the level of fear.....

Mention a possible candidate and very quickly we will have over a hundred posts attacking that person's character. That's fear.

To me, it is like the insecure boyfriend always putting down any other man in his girlfriend's life, fear that she might see his faults though a comparison. They have nothing to offer and feel it, when was the last time we saw a thread started by the left hailing the virtues of Hillary Clinton as president? Who do they have if not her?

In that cauldron of mist, they have nothing to give them warm and fuzzies.....so any possible candidate must be attacked with everything they have...

But it is incredibly stupid. First, they telegraph they're own plan and allow the other side time to counter and, two, it creates the idea in the minds of the undecided that they really have nothing to offer, like walking onto a used car lot and before they tell you about the cars they have, they tell you all about how the other guys are cheats.
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Agreed. Try this, I did the other day. Google "Hilary Clinton 2016". Check the hits. Then do the same for Walker, Carson, and anyone else that might have hinted, or perhaps the left has invented, to be a candidate. The results are rather stunning.

You're correct, after Hilary, there doesn't seem to be anyone left in the room. Time will tell.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

rabbitcaebannog said:
Sure it does. He is borrowing instead of saving for a rainy day. That is not fiscal.
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He is suggesting borrowing to invest in infrastructure - entirely conservative and good management.

He is suggesting deferring a debt payment in order to avoid tax increases that could suppress economic activity in the State - also entirely conservative and good management.

Fiscal conservatives would rather let citizens keep their hard earned money so they can "save for a rainy day" - governments should fund to operational necessity and infrastructure maintenance, period.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

faithful_servant said:
The idiocy of that is that it only looks at one side of the equation, it ignores the FACT that tax revenues went UP to historically high levels.
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ONLY when you do not take GDP or inflation into account. Revenues as a % of GDP plunged from 18% to 15%.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

CanadaJohn said:
He is suggesting borrowing to invest in infrastructure - entirely conservative and good management.

He is suggesting deferring a debt payment in order to avoid tax increases that could suppress economic activity in the State - also entirely conservative and good management.

Fiscal conservatives would rather let citizens keep their hard earned money so they can "save for a rainy day" - governments should fund to operational necessity and infrastructure maintenance, period.
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I've no problem any governor who wants to invest in infrastructure. A real fiscal conservative would take whatever surplus he has and pay for it instead of giving tax money back to his rich constitutes and then borrow.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

Fearandloathing said:
Unfortunately politics only works that way in movies......

It's all about the money...who has it and who can get it. No body is sitting in a back room somewhere saying this guy or that guy in the Republican party...the party famous for shooting inward. Should anyone ever have any proof that such deals are made they are free to write an expose'.....and there are so many out there....

Romney backed out, it is said, that he couldn't find the $ to do the preliminary ground work, building the team who will find out if enough money and support are there. He's had two runs at it and blew it, and blew it bigger than Dewey last time, no one wants to touch him.
Click to expand...

Who did you think I was talking about when I said Romney dropped out when he talked to those that "know"? It is those with the money and they think Jeb can win and cut their taxes like his brother did. That is always the "quid pro quo" with the wealthy.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

ocean515 said:
Agreed. Try this, I did the other day. Google "Hilary Clinton 2016". Check the hits. Then do the same for Walker, Carson, and anyone else that might have hinted, or perhaps the left has invented, to be a candidate. The results are rather stunning.

You're correct, after Hilary, there doesn't seem to be anyone left in the room. Time will tell.
Click to expand...


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

rabbitcaebannog said:
I've no problem any governor who wants to invest in infrastructure. A real fiscal conservative would take whatever surplus he has and pay for it instead of giving tax money back to his rich constitutes and then borrow.
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And only a real liberal would refer to citizen taxpayers as "rich constituents".

So your problem was that Walker, seeing a surplus of $1 billion in his State's budget last year, based on the going tax rates at that time, chose to leave about 60% of that surplus in the pockets of citizen taxpayers rather then splurge on expenditures. And that, in your mind, disqualifies him as a fiscal conservative.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

vesper said:
The stories coming out of the Washington Post will be one hit piece after another on Republican candidates, during the primary season. And don't be surprised if there is an absent of hit pieces on Jeb Bush because that is the candidate the left wants to see on the right still standing.
Walker wasn't the only hit piece this week that came out of the Washington Post, Christie got his own also. But when you think about it, Christie is the closest one to Jeb's ideology which drains support from Jeb. And Walker for the past two weeks has been polling very well often ahead of Bush, so he too gets a hit piece. If anyone starts to outshine Jeb, the Post will do their part to tarnish them. So what does that tell ya when the left is rooting for Jeb?
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Myself I prefer Jeb Bush. As to Christie, in my opinion he does not have what is needed. He has been shown to be a vindictive SOB and fudging funds from 1 program to another.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

rabbitcaebannog said:
I've no problem any governor who wants to invest in infrastructure. A real fiscal conservative would take whatever surplus he has and pay for it instead of giving tax money back to his rich constitutes and then borrow.
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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.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

SlevinKelevra said:
missing a payment and restructuring the terms of your debt because you can't (or choose not to) pay isn't defaulting?
news to me, we had a giant national hissyfit over this a few years ago that resulted in the US credit being downgraded. Or maybe you conveniently forgot about that?

if there's another more accurate term *mods feel free to change the wording instead of default in the OP*


see pages 163-164
https://www.richmondfed.org/publications/research/economic_quarterly/2007/spring/pdf/martinez.pdf

I can admit if I'm wrong, but that's how I've always understood the word to mean.
Click to expand...

Right. Sure thing.

Wisconsin Defends Debt Maneuver Offering Short-Term Budget Boost - The Bond Buyer

The move, labeled by the non-partisan Legislative Fiscal Bureau as a debt restructuring, has put the Walker administration on the defensive. Many administrations, including Walker's, have in the past turned to debt restructuring to balance the books including the practice of "scoop and toss" in which long-term debt principal payments coming due are covered by a new debt issue.

"The proposed restructuring….would involve delaying $108 million in GPR (general purpose revenue) principal that had been previously scheduled to be retired," said a memorandum outlining the proposal by LFB in response to a request from minority Democratic lawmakers on the Joint Finance Committee.

The state's capital finance team defends the move, calling it a "debt management tool" that will allow the state avoid the more costly issuance of long-term debt to replenish its capital fund for projects.​

Gov. Scott Walker responsible for record debt payments, Democratic rival says PolitiFact Wisconsin

As for assigning responsibility, Vinehout conceded in her column that, like Walker, Doyle also stretched out debt payments in order to manage the state budget. But she suggested Walker's restructuring is what led to the record rate of general fund spending on debt payments.

Experts from the fiscal bureau, the nonprofit Wisconsin Budget Project and the nonprofit Wisconsin Taxpayers Alliance, however, told us that factors other than Walker's debt payment restructuring also play a role.

Doyle and Walker, and governors before them, have done long-term borrowing that is still being repaid. In other words, much of the debt, and debt payments, were inherited by Walker from previous governors -- something Vinehout acknowledged to us in an interview.

Another factor that occurred under both Doyle and Walker is an increase in bond issues that are repaid with general fund dollars, rather than simply gas taxes and related funds, to do major transportation projects.[/​

So all the Progressive Machine propaganda, multiple threads by you, and the blather of the grubbers reacting to dog whistles are just a bunch of BS.

How many examples of this type of yellow/hit piece journalism is required before the dogs stop barking at the whistles? I predict there is no amount of evidence that would cause that to happen.
 
Re: Scott Walker cut $541 million in taxes last year. Now his state will miss a $108

CanadaJohn said:
And only a real liberal would refer to citizen taxpayers as "rich constituents".

So your problem was that Walker, seeing a surplus of $1 billion in his State's budget last year, based on the going tax rates at that time, chose to leave about 60% of that surplus in the pockets of citizen taxpayers rather then splurge on expenditures. And that, in your mind, disqualifies him as a fiscal conservative.
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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.
 
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