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REAL WORLD EVENT DISCUSSIONS
Kansas: It Ain't Oz, Toto.
Sunday, January 11, 2015 10:42 PM
ELVISCHRIST
Quote:Kansas Governor Sam Brownback’s attempt to make his state a model for Tea Party governance has ended in abject failure. Brownback’ massive tax cuts for the wealthy were supposed to create a Grover Norquist inspired utopia where the government could be drowned in an irrigation ditch, and the Sunflower State would morph into the land of milk and honey. Instead, the ruinous, ideologically-driven, tax cuts have starved the state of revenue, lowered its credit rating, and left gaping budget shortfalls. Now Governor Brownback, once the undisputed champion of tea party economics, has waved the surrender flag. While he hasn’t specified all the details in his new budget proposal, he is calling for some “revenue enhancements” to help close the burgeoning state budget deficit. Revenue enhancements are Republican-speak for tax increases. In the understatement of the decade, Brownback’s chief of staff, John Hummel lamented that, “Revenue didn’t come in quite as was projected”. Imagine that. Huge tax cuts don’t increase revenue to the state’s coffers. Faith-based economic policies may play well before a crowd of die-hard market fundamentalists, but in the real world, it takes more than an abiding faith in the market to raise revenues. Sometimes it takes taxes.
Monday, January 12, 2015 2:43 AM
SHINYGOODGUY
Quote:Originally posted by ElvisChrist: Quote:Kansas Governor Sam Brownback’s attempt to make his state a model for Tea Party governance has ended in abject failure. Brownback’ massive tax cuts for the wealthy were supposed to create a Grover Norquist inspired utopia where the government could be drowned in an irrigation ditch, and the Sunflower State would morph into the land of milk and honey. Instead, the ruinous, ideologically-driven, tax cuts have starved the state of revenue, lowered its credit rating, and left gaping budget shortfalls. Now Governor Brownback, once the undisputed champion of tea party economics, has waved the surrender flag. While he hasn’t specified all the details in his new budget proposal, he is calling for some “revenue enhancements” to help close the burgeoning state budget deficit. Revenue enhancements are Republican-speak for tax increases. In the understatement of the decade, Brownback’s chief of staff, John Hummel lamented that, “Revenue didn’t come in quite as was projected”. Imagine that. Huge tax cuts don’t increase revenue to the state’s coffers. Faith-based economic policies may play well before a crowd of die-hard market fundamentalists, but in the real world, it takes more than an abiding faith in the market to raise revenues. Sometimes it takes taxes. http://www.politicususa.com/2015/01/11/kansas-tea-party-experiment-fails-brownback-supports-tax-hikes.html Wow. Cutting revenue doesn't result in increased revenue. Who could have guessed?
Monday, January 12, 2015 5:57 AM
AURAPTOR
America loves a winner!
Monday, January 12, 2015 10:56 AM
SECOND
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two
Quote:Originally posted by AURaptor: Maybe they ought not have spent so much of the people's money in the first place ?
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