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Kansas Takes Republican Economic Theory For a Spin
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Jul 18, 2014 09:58:19   #
RichieC Loc: Adirondacks
 
More to the story. Understand that cutting taxes can not succeed in liberal media, so don't expect to read anything different! That the state took in less money then before is sort of a forgone conclusion when you cut it's main income source, as a STATE nor GOVERMNMENT is a business!

http://www.thenewamerican.com/economy/sectors/item/18685-kansas-tax-cuts-already-improving-the-state-s-economy

http://www.alec.org/publications/rich-states-poor-states/

http://www.alec.org/wp-content/uploads/RSPS-KS-14.pdf

Wanna see what high taxes do for a state, look at mine, Dead *&^%$#* last ( New York- home of the highest taxes in the land, which according to Liberals, should make us a success) So if NY cuts taxes, will it make our outlook jump to 15th in the country instead of keeping high taxes and leaving us at 50th???

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Jul 18, 2014 10:13:00   #
Blurryeyed Loc: NC Mountains.
 
RichieC wrote:
More to the story. Understand that cutting taxes can not succeed in liberal media, so don't expect to read anything different! That the state took in less money then before is sort of a forgone conclusion when you cut it's main income source, as a STATE nor GOVERMNMENT is a business!

http://www.thenewamerican.com/economy/sectors/item/18685-kansas-tax-cuts-already-improving-the-state-s-economy

http://www.alec.org/publications/rich-states-poor-states/

http://www.alec.org/wp-content/uploads/RSPS-KS-14.pdf

Wanna see what high taxes do for a state, look at mine, Dead *&^%$#* last ( New York- home of the highest taxes in the land, which according to Liberals, should make us a success) So if NY cuts taxes, will it make our outlook jump to 15th in the country instead of keeping high taxes and leaving us at 50th???
More to the story. Understand that cutting taxes c... (show quote)


Thanks for posting, you are right, the liberal media will not report on this.

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Jul 18, 2014 10:21:28   #
amyinsparta Loc: White county, TN
 
Blurryeyed wrote:
LOL... Kansas is one state that is struggling, so I guess that this disproves that republican governors know how to handle the economies of their states.... I guess that we should all focus on Kansas and pay no attention to what is happening in Texas, Ohio, North Dakota, Tennessee, Utah, Indiana, and others.

You guys are funny, years to get out of debt.... how's Illinois doing these days?


Tennessee is balanced because, essentially, there are only a few rich people. We are at the bottom of income, education, health care, longevity, a living wage, none of which is a marker of a progressing state. We have nothing but a sales tax,and in my county it is 3.75 on the dollar. Add that to the state sales tax of 6% and you get 9.75 on the dollar. And that is all we have. But then, if we spend little to nothing on things that matter, we are golden, eh?

You want to find poor, come to my country. And mine is likely average in this state. No, we aren't in debt. But we aren't moving forward by any stretch of the imagination. And obviously, our governor doesn't give a whit.

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Jul 18, 2014 10:47:23   #
Blurryeyed Loc: NC Mountains.
 
amyinsparta wrote:
Tennessee is balanced because, essentially, there are only a few rich people. We are at the bottom of income, education, health care, longevity, a living wage, none of which is a marker of a progressing state. We have nothing but a sales tax,and in my county it is 3.75 on the dollar. Add that to the state sales tax of 6% and you get 9.75 on the dollar. And that is all we have. But then, if we spend little to nothing on things that matter, we are golden, eh?

You want to find poor, come to my country. And mine is likely average in this state. No, we aren't in debt. But we aren't moving forward by any stretch of the imagination. And obviously, our governor doesn't give a whit.
Tennessee is balanced because, essentially, there ... (show quote)


As of June of 2013 your state was growing above the national average, in fact your state experience the 7th fastest growth rate in the previous 12 months of all of the 50 states. I am making no statement on the condition of your state other than it is fairing better in recovery than are many other states. To put this conversation into perspective, Bazbo has latched on to the efforts of the republican governor of Kansas, it has been widely publicized in the liberal press that the so called "trickle down" economics of Art Laffer have failed in Kansas and that republican leadership has set the state backwards, Bazbo is just cheerleading for progressivism and uses Kansas as his hammer to drive his argument home.... If you look at what is occurring all across the country it becomes clear that Bazbo draws the wrong conclusions regarding republicean leadership at the state level.... If you read the links posted above by RichieC it would seem that those same policies are now beginning to bear fruit in spite of the harsh criticism coming from the left.

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Jul 18, 2014 11:16:49   #
usnpilot Loc: Ft Myers Fl
 
nakkh wrote:
Gotta start somewhere. ;-)


Agreed.

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Jul 18, 2014 11:23:50   #
EdJ0307 Loc: out west someplace
 
nakkh wrote:
Bazbo is correct. Now that the republicans are gone. we've been able to repair the economy & are currently running a surplus.
Once Kansas gets rid of their republican Governor, perhaps they can do the same.
"The Budget Outlook
Under Current Policies, $5.6 Billion Projected Reserve at End of 2014-15. The state’s 2013-14
budget plan assumed a year-end reserve of $1.1 billion. Our revenue forecast now anticipates
$6.4 billion in higher revenues for 2012-13 and 2013-14 combined. These higher revenues are
offset by $5 billion in increased expenditures, almost entirely due to greater required spending
for schools and community colleges. Combined with a projected $3.2 billion operating surplus
for the state in 2014-15, these factors lead us to project that, absent any changes to current laws
and policies, the state would end 2014-15 with a $5.6 billion reserve".
Bazbo is correct. Now that the republicans are go... (show quote)
Bazbo and nakkh may be correct about California's revenue but they failed to mention the debt owed by California, especially for lucrative state employee pensions. This quote is from an article in the Huffington Post Business section:

"At $617.6 billion, California had by far the biggest total debt, more than twice the total of No. 2, New York, with $300.1 billion owed, according to State Budget Solutions, a research and non-partisan advocacy group."

Although Bazbo proudly proclaimed they recently voted themselves a tax increase, both failed to mention that California already had some the highest taxes in the country along with the highest prices on just about everything. They need those higher taxes just to pay the interest on that debt. But liberals aren't generally concerned about debt.

P.S. I keep telling myself, "Self, don't respond to any of these posts in the General Chit-Chat section." But I keep doing it, I can't help myself sometimes. I consider it a character flaw and I probably should get some professional help.

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Jul 18, 2014 11:27:43   #
idaholover Loc: Nampa ID
 
NDcanoe wrote:
So if we tax everyone and everything at 100% all will be well. Makes sense to me.


Don't forget to make the minimum wage $30.00/Hr.

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Jul 18, 2014 11:29:23   #
idaholover Loc: Nampa ID
 
Reaganomics! Longest expansion of the economy in peacetime history!

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Jul 18, 2014 11:30:52   #
idaholover Loc: Nampa ID
 
EdJ0307 wrote:
Bazbo and nakkh may be correct about California's revenue but they failed to mention the debt owed by California, especially for lucrative state employee pensions. This quote is from an article in the Huffington Post Business section:

"At $617.6 billion, California had by far the biggest total debt, more than twice the total of No. 2, New York, with $300.1 billion owed, according to State Budget Solutions, a research and non-partisan advocacy group."

Although Bazbo proudly proclaimed they recently voted themselves a tax increase, both failed to mention that California already had some the highest taxes in the country along with the highest prices on just about everything. They need those higher taxes just to pay the interest on that debt. But liberals aren't generally concerned about debt.

P.S. I keep telling myself, "Self, don't respond to any of these posts in the General Chit-Chat section." But I keep doing it, I can't help myself sometimes. I consider it a character flaw and I probably should get some professional help.
Bazbo and nakkh may be correct about California's ... (show quote)

I'm with ya! I keep reading the definition of insanity!

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Jul 18, 2014 12:04:24   #
davefales Loc: Virginia
 
EdJ0307 wrote:
They need those higher taxes just to pay the interest on that debt. But liberals aren't generally concerned about debt.


You touch upon a key point. I think all politicians are not worried by debt (Progressives even less so), because it gives the government the ability to pay for today's "needs" with deflated currency in the future. Of course that gives them enormous incentive to pursue policy that ensures the currency will devalue.

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Jul 18, 2014 12:16:20   #
Blurryeyed Loc: NC Mountains.
 
nakkh wrote:
Bazbo is correct. Now that the republicans are gone. we've been able to repair the economy & are currently running a surplus..
Once Kansas gets rid of their republican Governor, perhaps they can do the same.
http://www.lao.ca.gov/reports/2013/bud/fiscal-outlook/fiscal-outlook-112013.pdf
"The Budget Outlook
Under Current Policies, $5.6 Billion Projected Reserve at End of 2014-15. The state’s 2013-14
budget plan assumed a year-end reserve of $1.1 billion. Our revenue forecast now anticipates
$6.4 billion in higher revenues for 2012-13 and 2013-14 combined. These higher revenues are
offset by $5 billion in increased expenditures, almost entirely due to greater required spending
for schools and community colleges. Combined with a projected $3.2 billion operating surplus
for the state in 2014-15, these factors lead us to project that, absent any changes to current laws
and policies, the state would end 2014-15 with a $5.6 billion reserve".
Bazbo is correct. Now that the republicans are go... (show quote)


LOL California is no where near being out of the woods yet.... I would not start bragging about the miraculous recovery just yet. It will prove to be a great case study no matter the outcome to see what the highest taxes and most liberal policies in the country will yield, but it is something that must be watched for 10 or more years before judgement can be passed.

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Jul 18, 2014 12:34:55   #
chrisscholbe Loc: Kansas City, MO
 
davefales wrote:
In fairness: Brownback took a chance that we would have a near normal recovery. Maybe the Obama/("Summer of Jobs") )Biden economy had a little too much regulation and Obamacare drag (part-time jobs) to lift off normally. Just saying.


So, "you" hold Obama's feet to the fire but NOT Brownback's?

Can you say....Double Standard?

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Jul 18, 2014 12:35:48   #
idaholover Loc: Nampa ID
 
Blurryeyed wrote:
LOL California is no where near being out of the woods yet.... I would not start bragging about the miraculous recovery just yet. It will prove to be a great case study no matter the outcome to see what the highest taxes and most liberal policies in the country will yield, but it is something that must be watched for 10 or more years before judgement can be passed.


Not to mention the large influx of new citizens from the south!

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Jul 18, 2014 12:58:55   #
davefales Loc: Virginia
 
chrisscholbe wrote:
So, "you" hold Obama's feet to the fire but NOT Brownback's?


Had to re-check my words. Don't think I absolved Brownback at all.

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Jul 18, 2014 13:08:22   #
nakkh Loc: San Mateo, Ca
 
Gotta start somewhere...

Blurryeyed wrote:
LOL California is no where near being out of the woods yet.... I would not start bragging about the miraculous recovery just yet. It will prove to be a great case study no matter the outcome to see what the highest taxes and most liberal policies in the country will yield, but it is something that must be watched for 10 or more years before judgement can be passed.

Reply
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