debt and tax cuts,
go together like love and cha-nge...
you can't have one without the - other.
Well...not exactly but close enough for government work. BTW, what the heck does running a business have to do with running a government? Well one important feature is investment. While profit is not really the purpose of government, let alone the main point of any needs related services, let alone infrastructure, health care, education, insurance and banking.
Investment seems a basic feature that even those in business don't understand when it comes to their own tax situation. And when it comes to taxes cuts it is a no brainer that they increase debt. It is a fallacy that cutting taxes increase revenues. That only works on one side of the Laffer Curve not the other. i.e. it is a bell curve.
And apparently no means yes in some cirles, while apparently the tea party does not understand "taxation without representation". A prohibition of legislative change to an initiative means that what is not in the initiative can be in the future. But not without the legislature paying a price they do not want to pay now. In other words the only way to prevent the possibility of change is to takeaway the possibility of representation and politics to have an effect. When it comes to what is not in the ads or not on the table, it is as ridiculous(if not more so) to claim that supporters of I-1098 are not telling you it is an income tax, (5% over $200K for single/$400K for couples or 1% of the tax filers) as it is that the same ads don't mention a 20% reduction in state property taxes and an over 1000%* increase in the B&O TAX CREDIT which will bring the benefit to 80% of businesses.
* actually this is my calculation of $420 being raised to $4800
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