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Re: Romney's Budget Fairy Tale 

By: clo in FFFT | Recommend this post (2)
Wed, 16 May 12 5:51 PM | 47 view(s)
Boardmark this board | Food For Further Thought 		Msg. 42029 of 65535
(This msg. is a reply to 42023 by Decomposed)
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Have you heard about how Gov. Walker promised to created 250,000 jobs? Instead he cut taxes for the rich & was the ONLY state to LOSE Jobs.
Well done....

Scott Walker – Killing Jobs Saved the State 1 Billion

Created on Tuesday, 24 April 2012 09:01

.....
Scott Walker’s master plan from the start of his term in office was just that; remove the people’s voice from the workplace, cut billions from education, cut social programs that feed the hungry and care for the ill, while at the same time, cut 2.3 billion in taxes for the wealthy because without them, the rest will die. The sickening statistics cannot be denied:

. 73 percent of school districts in the state reported cutting teachers this year
. The 1,446 teacher position cuts represents a 75 percent increase over similar reductions made last year
. 74 percent of school districts to cut staff, including the largest, exorbitant cuts made to reading, special education, career and technical education teachers
. The Legislative Fiscal Bureau projects that Scott Walker’s tax giveaways to the wealthiest 1% will cost Wisconsin more than $2.3 billion
. To pay for those giveaways, Walker raised taxes on seniors and working families by nearly $70 million. These increases include a $14 million increase by reducing the Homestead Tax Credit, affecting 247,000 homeowners and renters, and a $56.2 million increase on low-wage workers with children as a result of cuts to the Earned Income Tax Credit.
. In addition to raising taxes, Walker’s budget also increased fees by more than $133 million, $106 million of which came in the form of UW System tuition increases, making it harder for working families to afford college.

Something else to keep in mind as you see your family, friends and neighbors struggling to survive under Walkers rule, is that the pain they are feeling today has been mitigated, in part this year thanks to $82.3 million in funds provided by the Obama administration to offset such cuts on the state level: That money will not be available next year.

As for Scott Walker and his lockstep spin team telling Wisconsinites they can look at the bright-side by saying “You lost your job, home and family but the state saved 1 billion dollars”, they can go to hell, we will not be enslaved.

http://www.politiscoop.com/us-politics/wisconsin-politics/1326-scott-walker-killing-jobs-saved-the-state-1-billion.html




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The above is a reply to the following message:
Re: Romney's Budget Fairy Tale
By: Decomposed in FFFT
Wed, 16 May 12 5:38 PM 		Msg. 42023 of 65535

clo,

Your author doesn't seem to grasp that today, taxes and spending are BOTH sky high. They both need to be lowered tremendously.

I don't advocate maximizing tax intake for the government. But even if that WERE the goal, the way to do it is *NOT* by raising tax rates to ridiculous levels. After all, if government raised rates to 100% of income, it would collect NOTHING because no one would work any longer.

The government would maximize its tax intake by setting rates to some point between ZERO percent and ONE HUNDRED percent. I don't think you liberals understand that. Liberals only want tax rates to go up, without giving any thought to what the optimal tax rate to maximize state income should be. At least, *I* have never heard a liberal say that "the maximum tax rate should be XX%."

Look at California. Its tax collections were far lower than the state projected just three months ago. Why? At least in part because they didn't think about businesses that were closing their doors. If Jerry Brown gets his way (and I think he will), higher taxes will be imposed and still more Business will shut down or leave.

Just watch California and see. When a government increases taxes during weak economic periods, the effect is usually the OPPOSITE of what was intended.

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