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Red states mull higher taxes

Chomsky said:
That is very true.
-96++0\
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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They do live in an alternate reality where the economy is still terrible, high paying blue collar jobs are disappearing entirely due to greedy corporations and free trade deals, and they don't have to change their way of life at all to be successful in the new world because Trump will fix everything for them by kicking out illegal immigrants and fighting CEOs and NATO on twitter.

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Chomsky said:
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? :doh
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I was opposed to cutting taxes and the resulting high debt when Bush did it and when Obama did it. Now we have added $14 trillion in debt in 16 years.
 
JANFU said:
Guess the tax cuts for the wealthy did not bring in anything but deficits.
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Odd that you use Kansas as the example. Kansas is doing very well financially, with a debt to revenue ratio of 37%. The average for the country is 51% and some states, like Illinois and New Jersey, are at 75% and 95% respectively.
 
vash1012 said:
They do live in an alternate reality where the economy is still terrible, high paying blue collar jobs are disappearing entirely due to greedy corporations and free trade deals, and they don't have to change their way of life at all to be successful in the new world because Trump will fix everything for them by kicking out illegal immigrants and fighting CEOs and NATO on twitter.

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I think this is very true actually, and your depiction is accurate.

The personal economy of many of Trump's supporters *is* a disaster. Trump can do a little, but only so much. Some of his supporters realize this, and some don't. But even the ones that do realize little can be done, are happy to have a voice and whatever slight help they can get. In a way I can't blame them, though for me personally Trump crossed too many lines for me to accept him. His response to Maryl Streep is a poignant current example. And I'm pretty sure it's not going to stop.
 
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Eric7216 said:
I was opposed to cutting taxes and the resulting high debt when Bush did it and when Obama did it. Now we have added $14 trillion in debt in 16 years.
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Agreed,

And everything I've seen so far from the Trump administration, seems to indicate the rate of the debt & deficit will quicken.
 
Eric7216 said:
Odd that you use Kansas as the example. Kansas is doing very well financially, with a debt to revenue ratio of 37%. The average for the country is 51% and some states, like Illinois and New Jersey, are at 75% and 95% respectively.
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Fair example-
Kansas faces $346 budget deficit in current fiscal year | The Kansas City Star

Look to Louisiana for a fiscal mess of epic proportions.

https://www.bloomberg.com/news/arti...shortfall-louisiana-needs-tax-reform-and-fast
 
Henrin said:
Except you can't do that since everything is dependent on government spending these days.
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Sure you can, we had less spending for two years due to the sequester.
They could cut spending now. a lot of waste and useless spending going on.
 
Chomsky said:
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.
Click to expand...

Kinda like the unbudgeted war that Bush waged.

Well in 4 years Trump can lay the bill on the next POTUS, just like Bush did.
 
JANFU said:
Fair example-
Kansas faces $346 budget deficit in current fiscal year | The Kansas City Star

Look to Louisiana for a fiscal mess of epic proportions.

https://www.bloomberg.com/news/arti...shortfall-louisiana-needs-tax-reform-and-fast
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$350 million is 2% of the $18 billion in revenues for Kansas so Kansas is still much better than most other states in debt to revenues. A bigger issue for Kansas is underfunded public pension liabilities. Kansas is tied for 6th worst in the country, with Hawaii and only ahead of poorly managed Connecticut, Illinois, Louisiana, and some others.
 
The legislature is likely to roll back a tax cut on small businesses Brownback signed in 2012, while also raising gas taxes.
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Funny how they are not looking into rolling back tax cuts on the wealthy and big businesses. I guess the people who are really running Kansas, the Koch's, only wanted to target the little guys.

Of ALL the things I don't understand about the modern GOP and the GOP base is WHY in God's name the Middle Class working Republicans constantly vote to cut their own throats by swallowing the GOP's 'cut taxes on the rich BS' which has been shown over and over to hurt the MC working people.

They really care more if gays marry then their own wallets and financial well being? My God!
 
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SocialD said:
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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The old adage from years ago was dems=tax and spend, repubs=borrow and spend.
 
Carleen said:
The old adage from years ago was dems=tax and spend, repubs=borrow and spend.
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And I would say for the most part that's pretty accurate.
The important part is the spending. unless you can control spending it doesn't matter how much revenue you have or money you can borrow.
 
BrewerBob said:
I had never thought about how more fuel efficient vehicles cut into tax revenue.
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California already has some of the highest gas taxes and are considering higher taxes due to electrics, diesels, hybrids and other high efficiency vehicles.

My last car was a diesel running approx 50MPG, my new car is gas and approx 40MPG.

Huge difference from older 20-30 MPG vehicles.
 
I'm sure they'll tax everyone but those most able to afford it, like the billionaires
 
SenorXm/Sirius said:
Funny how they are not looking into rolling back tax cuts on the wealthy and big businesses. I guess the people who are really running Kansas, the Koch's, only wanted to target the little guys.

Of ALL the things I don't understand about the modern GOP and the GOP base is WHY in God's name the Middle Class working Republicans constantly vote to cut their own throats by swallowing the GOP's 'cut taxes on the rich BS' which has been shown over and over to hurt the MC working people.

They really care more if gays marry then their own wallets and financial well being? My God!
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Yep, drive thru any small town and you will see confederate flags (even where there was no confederacy), praise jesus, and trump signs everywhere. Not the brightest bunch, that's for sure
 
JANFU said:
Red states mull higher taxes | TheHill

Guess the tax cuts for the wealthy did not bring in anything but deficits.
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Georgia has been trying to do that for years. Successful lobbying from ALEC, the Koch Bros., and the like got us a constitutional amendment that caps the top state income tax bracket. Instead, our Republican legislature wants to raise taxes on the lower classes. So far, they haven't been able to succeed at screwing us this way. So far.
 
Phys251 said:
Georgia has been trying to do that for years. Successful lobbying from ALEC, the Koch Bros., and the like got us a constitutional amendment that caps the top state income tax bracket. Instead, our Republican legislature wants to raise taxes on the lower classes. So far, they haven't been able to succeed at screwing us this way. So far.
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I liked post 34- Pension problems. I think Illinois or Michigan has one of the worst??
350M is a low amount, but what about unfunded programs?
What cuts have been made to bring this down to 350M??
The plan the Governor had in place with the original cuts, well that did not work.
Myself I believe in a progressive tax system. Even in retirement I have a very good income.
 
JANFU said:
Red states mull higher taxes | TheHill



Guess the tax cuts for the wealthy did not bring in anything but deficits.
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Yep, and they're going to have eleventyseven excuses for doing it too. Now just wait for Sean Hannity to start validating this crap. This is what you're going to have to look forward to with a right-wing government.
 
The time to raise taxes is when the economy is doing well.

Isn't the nut of all the left's arguments that the economy is doing well now?
 
Chomsky said:
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.
Click to expand...

It's ok because he is a Republican...
 
chromium said:
I'm sure they'll tax everyone but those most able to afford it, like the billionaires
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The poor should pay the same tax rate as the rich
 
Mac77 said:
The poor should pay the same tax rate as the rich
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Renters should pay the same tax as homeowners, the size of your "household" or marital status should not matter and income taxation should not be based on how (or upon who) that income was later spent. The federal income tax code should have two numbers: a standard deduction (of $30K?) and a tax rate (of 20%?) on any and all income above that amount.
 
Mac77 said:
The poor should pay the same tax rate as the rich
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Spoken like someone who's never had to live paycheck to paycheck, as half the damn country now does. Really your proposal leaves two possibilities: either our infrastructure and education quickly crumbles into nothingness, or the poor just quit their jobs and turn to crime since it's all the same. Just don't complain when they come after you, since you caused it
 
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