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Thread: Red states mull higher taxes

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    Red states mull higher taxes

    Red states mull higher taxes | TheHill

    It is a reversal, in many ways, of recent trends toward deep tax cuts, led by states like Kansas, where Gov. Sam Brownback (R) and the Republican-dominated legislature slashed rates on individuals and businesses in hopes of spurring economic growth. Kansas now faces a $350 million budget hole this year, and a likely $600 million gap next year.

    This year, a coalition of centrist Republicans and Democrats are plotting new tax hikes to plug those holes. The legislature is likely to roll back a tax cut on small businesses Brownback signed in 2012, while also raising gas taxes.

    Other states have taken notice of Kansasís budget woes, effectively putting the brakes on some efforts to adopt similar tax cuts.

    At least eight other states, including Tennessee, Arizona and Missouri, are considering raising gas taxes specifically aimed at paying for transportation and infrastructure projects. As vehicles become more fuel efficient, gas taxes have produced less revenue, squeezing state budgets.
    Guess the tax cuts for the wealthy did not bring in anything but deficits.
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    Re: Red states mull higher taxes

    One would think over three decades of Laffer failure would be enough for the Repubs, but apparently not so.

    How can anyone believe cutting revenue and increasing expenditure, is the way to run government?
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    Re: Red states mull higher taxes

    Quote Originally Posted by Chomsky View Post
    One would think over three decades of Laffer failure would be enough for the Repubs, but apparently not so.

    How can anyone believe cutting revenue and increasing expenditure, is the way to run government?
    Ask Trump and the people that voted for him.
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    Re: Red states mull higher taxes

    Quote Originally Posted by Carjosse View Post
    Ask Trump and the people that voted for him.
    That is very true.

    His stated M.O. seems to be:

    Tax cuts for all, especially the wealthy and corporations, and huge unbudgeted spending on infrastructure, wall, etc.

    And no one seems to think this might be an impossibility, for some reason. Like we live in some alternate reality universe.
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    Re: Red states mull higher taxes

    Quote Originally Posted by Chomsky View Post
    That is very true.

    His stated M.O. seems to be:

    Tax cuts for all, especially the wealthy and corporations, and huge unbudgeted spending on infrastructure, wall, etc.

    And no one seems to think this might be an impossibility, for some reason. Like we live in some alternate reality universe.
    And then they criticize Hilary for planning to run a deficit.
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    Re: Red states mull higher taxes

    Quote Originally Posted by Chomsky View Post
    One would think over three decades of Laffer failure would be enough for the Repubs, but apparently not so.

    How can anyone believe cutting revenue and increasing expenditure, is the way to run government?
    A real fiscal conservative doesn't believe that. your supposed to also decrease expenditure for it to work. unfortunately dems and reps both love to spend our money.

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    Re: Red states mull higher taxes

    Quote Originally Posted by Chomsky View Post
    One would think over three decades of Laffer failure would be enough for the Repubs, but apparently not so.

    How can anyone believe cutting revenue and increasing expenditure, is the way to run government?
    Ya gotta wonder where this fellow's brain is. I can hazard a good guess though.

    Red states mull higher taxes | TheHill

    Nebraska legislators are debating a deeper shift in the state’s tax code. One faction in the ostensibly nonpartisan unicameral legislature wants to reduce income taxes while raising sales taxes. Another wants to shift emphasis from property taxes to sales taxes. Gov. Pete Ricketts (R) has said he would like to cut both property and income taxes, though the state faces a $900 million shortfall.
    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: Red states mull higher taxes

    Quote Originally Posted by Carjosse View Post
    And then they criticize Hilary for planning to run a deficit.
    I get the feeling that Trumps deficits will be massive. Wonder how Republicans will square this circle?They went after Obama for massive deficits.
    Going to be interesting listening to the walk backs with that one
    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: Red states mull higher taxes

    Quote Originally Posted by SocialD View Post
    A real fiscal conservative doesn't believe that. your supposed to also decrease expenditure for it to work. unfortunately dems and reps both love to spend our money.
    Except you can't do that since everything is dependent on government spending these days.

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    Re: Red states mull higher taxes

    Quote Originally Posted by JANFU View Post
    Ya gotta wonder where this fellow's brain is. I can hazard a good guess though.

    Red states mull higher taxes | TheHill


    Holy geez!

    I can only wonder when those that vote for guys like this, see stuff like this, what the hell do they think of it? Do they care?
    "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

    The 10 Commandments of Logic - (Courtesy of Abbazorkzog Blog)

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