ksf42001
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Post by ksf42001 on Jun 1, 2016 12:20:42 GMT -5
Or is it always tax more? Yes, the problem right now in Kansas is clearly that taxes are too high...
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kchoya
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Post by kchoya on Jun 1, 2016 14:43:38 GMT -5
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AvantGuardHoya
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Post by AvantGuardHoya on Jun 1, 2016 14:55:01 GMT -5
With all that manna floating around, you would think there'd be an easy and equitable solution to funding education. Enlightened leadership couldn't possibly make decisions that undermine or jeopardize such a fundamental cornerstone of the American dream.
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ksf42001
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Post by ksf42001 on Jun 1, 2016 15:33:09 GMT -5
Interesting choice of words, as if you follow the link to the Kansas Policy Institute's (think Kansas Cato Institute) report the author is citing (https://kansaspolicy.org/kansas-private-sector-employment-competitive-since-2012/), they openly state: "To be clear, this is not presented as evidence that Kansas’ tax reform is ‘working.’" That's because the "evidence" isn't all that convincing. That's great that Private Sector job growth was 4.0%, but not when job growth was 6.2% in other states that have an income tax (especially since some of those same states actually raised their taxes instead of lowering them).
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hoyajinx
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Post by hoyajinx on Jun 1, 2016 17:35:26 GMT -5
Let's not pretend that raising taxes somehow relates to a state's financial well-being in the absence of curtailing spending. Look no farther than Connecticut, a state that taxes anything that moves (it is generally ranked second or third as the state with the highest combined taxes, even when normalized across states for wealth). Under Malloy, spending has been out of control as tax rates rise and special taxes are imposed. Connecticut is now ranked dead last in financial health. Companies and residents are fleeing the state in droves and small businesses are closing. Maybe the problem is more nuanced than "increasing taxes is good for a state" even if some people seem to think that it is just that easy.
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kchoya
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Post by kchoya on Jun 2, 2016 12:10:09 GMT -5
Interesting choice of words, as if you follow the link to the Kansas Policy Institute's (think Kansas Cato Institute) report the author is citing (https://kansaspolicy.org/kansas-private-sector-employment-competitive-since-2012/), they openly state: "To be clear, this is not presented as evidence that Kansas’ tax reform is ‘working.’" That's because the "evidence" isn't all that convincing. That's great that Private Sector job growth was 4.0%, but not when job growth was 6.2% in other states that have an income tax (especially since some of those same states actually raised their taxes instead of lowering them). But other data is surely being presented as the tax cuts aren't working. I'm not saying anyone has it figured out. However, I do believe that instead of reflexively attacking tax cuts as voodoo economics -- as many are wont to do -- why don't we see what actually happens. And some of the numbers are positive. I'm simply tired of so many deriding the actions taken in Kansas without actually examining what is taking place (along with conflating spending/appropriations with revenues).
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hoyainspirit
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Post by hoyainspirit on Jun 2, 2016 12:57:23 GMT -5
Interesting choice of words, as if you follow the link to the Kansas Policy Institute's (think Kansas Cato Institute) report the author is citing (https://kansaspolicy.org/kansas-private-sector-employment-competitive-since-2012/), they openly state: "To be clear, this is not presented as evidence that Kansas’ tax reform is ‘working.’" That's because the "evidence" isn't all that convincing. That's great that Private Sector job growth was 4.0%, but not when job growth was 6.2% in other states that have an income tax (especially since some of those same states actually raised their taxes instead of lowering them). But other data is surely being presented as the tax cuts aren't working. I'm not saying anyone has it figured out. However, I do believe that instead of reflexively attacking tax cuts as voodoo economics -- as many are wont to do -- why don't we see what actually happens. And some of the numbers are positive. I'm simply tired of so many deriding the actions taken in Kansas without actually examining what is taking place (along with conflating spending/appropriations with revenues). Working great in LA, so great that a deep red state in the deep South elected a Democrat as governor. Not looking too good in Kansas, as Republicans ask for revenue increases to stave off cuts in everything from education to health care. Want to try again?
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kchoya
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Post by kchoya on Jun 2, 2016 13:05:35 GMT -5
But other data is surely being presented as the tax cuts aren't working. I'm not saying anyone has it figured out. However, I do believe that instead of reflexively attacking tax cuts as voodoo economics -- as many are wont to do -- why don't we see what actually happens. And some of the numbers are positive. I'm simply tired of so many deriding the actions taken in Kansas without actually examining what is taking place (along with conflating spending/appropriations with revenues). Working great in LA, so great that a deep red state in the deep South elected a Democrat as governor. Not looking too good in Kansas, as Republicans ask for revenue increases to stave off cuts in everything from education to health care. Want to try again? Ah, thank you for proving my point. You keep mindlessly repeating "all tax cuts are bad" drivel and see where we end up. And I appreciate your attempt at humor in calling Louisiana a "deep red state." You know that state is its own peculiar creature. Or maybe I'm mistaken and Edwin Edwards and the Landrieu clan are democrats.
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hoyainspirit
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Post by hoyainspirit on Jun 2, 2016 13:41:58 GMT -5
Working great in LA, so great that a deep red state in the deep South elected a Democrat as governor. Not looking too good in Kansas, as Republicans ask for revenue increases to stave off cuts in everything from education to health care. Want to try again? Ah, thank you for proving my point. You keep mindlessly repeating "all tax cuts are bad" drivel and see where we end up. And I appreciate your attempt at humor in calling Louisiana a "deep red state." You know that state is its own peculiar creature. Or maybe I'm mistaken and Edwin Edwards and the Landrieu clan are democrats. Until John Bel Edwards, no Democrat had come close to winning a state wide election in LA since 2009, Mary's last successful campaign. Current composition of the LA legislature: (Rep, Dem) House-61,42; Senate-25,14. If that doesn't fit your definition of deep red, I'm not sure anything will. As in Kansas, even Republicans here (some, anyway) recognize the desperate need for additional revenue to fill a $600 billion hole caused by Jindal and the Republican dominated legislature which slashed taxes, especially business taxes. And BTW, pls show me where I stated that all tax cuts are bad. Thx.
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hoyainspirit
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Post by hoyainspirit on Jul 2, 2016 21:33:30 GMT -5
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tashoya
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Post by tashoya on Jul 2, 2016 21:52:18 GMT -5
In response to the original question in the thread, yes, there are millions of people worried about the economy. Those that live paycheck to paycheck or doing a little better or worse than that are constantly worried about it. That has pretty much always been the case. The only difference is that the number of people that are in that demo has grown consistently and trending towards the lower end of the spectrum. There are, very likely, more people worried about the economy now than any time in the past 20 years. It just doesn't get expressed as much in a "worried about the economy" sort of way so much as "how am I going to pay my bills next month" context.
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