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re: Kansas tax cuts might cause republicans to lose the senate
Posted on 9/11/14 at 11:47 pm to Circle K Beggar
Posted on 9/11/14 at 11:47 pm to Circle K Beggar
How did you know I was left handed? It is usually considered an "advantage" in sports to be left handed, but I was always sort of bummed that I could never be a shortstop. That was my dream position as I was quite the fielder 
1
Posted on 9/12/14 at 1:11 am to HailHailtoMichigan!
quote:Wrong side of the laffer curve for the loss
It was poorly-timed, and is giving democrats and statists plenty of ammo.
Posted on 9/12/14 at 1:31 am to SirWinston
quote:
The Dems will have more Senate seats in February of 2016 than they have now - this is a virtually indisputable fact.
Indisputable, eh? Well, I'm here to dispute it.
You might want to edit your statement to save face.
February of 2016 is nine months before the 2016 election. The number of Democratic Senators in February of 2016 is absolutely certain to be FEWER than it is now, as they will definitely lose seats on Nov. 4th.
THAT is a virtually indisputable fact!
Posted on 9/12/14 at 6:35 am to NHTIGER
quote:
NHTIGER
This post was edited on 9/12/14 at 6:36 am
Posted on 9/12/14 at 6:38 am to NHTIGER
It seems every time Winston posts one of his "indisputable facts", its actually quite disputable
Posted on 9/12/14 at 7:03 am to Icceytiger
quote:
Also he vetoed a 8% raise for state employees mind you we haven't had a raise in 5 years..
Then quit. Go find you a job in the private sector, if you have the qualifications to do so.
I don't get you government people who want to raise taxes for everyone so you can make more money.
FWIW, my wife is a state employee but I don't feel it's right to tax my neighbor more for her benefit. Restructure some state budgets to find your raise.
Posted on 9/12/14 at 7:16 am to SirWinston
quote:
It is usually considered an "advantage" in sports to be left handed, but I was always sort of bummed that I could never be a shortstop.
You sinister types always want an advantage. It is the novelty, normally, that gives the southpaw advantage in one-on-one situations (boxers) - in other words, because the righties are not as used to the left handedness. For pitchers, it is because of the way a lefty's pithces break against a right-handed batter. For a first baseman, it is because a lefty can stretch further and keep his foot on the bag.
In all other instances it seems to me, to be at, best, a wash (or a negative).
This post was edited on 9/12/14 at 7:16 am
Posted on 9/12/14 at 7:22 am to SirWinston
quote:
The Dems will have more Senate seats in February of 2016 than they have now - this is a virtually indisputable fact.
I think you mean Feb 2017
ETA: who will care, Rand will be POTUS, GOP control the house
This post was edited on 9/12/14 at 7:29 am
Posted on 9/12/14 at 9:32 am to HailHailtoMichigan!
What is the rest of the story here? Were there cuts in spending that never happened? Of course the problem is not enough revenue (the new govt use of that word disgusts me) and not spending.
Posted on 9/12/14 at 9:41 am to ehidal1
The state had a surplus a couple years back which was a remarkable change from the previous governor who is currently killing the US though the office of HHS. A state court has also ruled that the state has to spend an additional $150M in education which negated a large cut (and added $50M) Governor Brownback made in the budget. Absent that ruling, there would be no crisis.
This post was edited on 9/12/14 at 9:42 am
Posted on 9/12/14 at 9:51 am to SirWinston
quote:
The numbers of seats up for grabs, geography/politics of these seats, and presidential election in 2016 (meaning higher Dem turnout) are all extremely favorable to the Democrats.
L.....O..........L
Posted on 9/12/14 at 9:52 am to HailHailtoMichigan!
quote:
because the current revenue crisis in the state is being attributed to Brownback's tax cut legislation.
...but the poliboard says tax cuts always lead to greater revenue.
Posted on 9/12/14 at 10:31 am to a want
quote:
...but the poliboard says tax cuts always lead to greater revenue.
Obviously this is false. A tax rate of 0 will not lead to greater revenue. It's equally false to claim every tax increase results in higher revenues.
Posted on 9/12/14 at 10:54 am to Ace Midnight
quote:
It is the novelty
In most cases you're correct but check out a hockey game. Most players shoot lefthanded.
I'd say it's about 70%.
Posted on 9/12/14 at 11:08 am to the808bass
quote:
The state had a surplus a couple years back which was a remarkable change from the previous governor who is currently killing the US though the office of HHS. A state court has also ruled that the state has to spend an additional $150M in education which negated a large cut (and added $50M) Governor Brownback made in the budget. Absent that ruling, there would be no crisis.
I haven't followed this closely, but I know some national folks who have. They (and these are anti-tax folks) say the tax cuts were not particularly well thought out.
If you have been following it, I'd like your (or anyone else who has been following it) thoughts on that.
Posted on 9/12/14 at 2:56 pm to ehidal1
quote:
What is the rest of the story here? Were there cuts in spending that never happened? Of course the problem is not enough revenue (the new govt use of that word disgusts me) and not spending.
Brownback actually believed the Laffer Curve crap and thought that cutting taxes would magically grow revenue, it didn't.
Tax cuts can grow revenue in some cases, but generally only at the federal level unless the previous taxes were massive and the new cut would make the state a significantly better business environment than neighboring states and it has other major advantages as well. Even then it only works in some cases-- Maine could cut the tax on say Investment Banks to 0% and I don't think Wall Street sets up shop in Bangor.
This post was edited on 9/12/14 at 3:07 pm
Posted on 9/12/14 at 3:01 pm to RD Dawg
quote:
In most cases you're correct but check out a hockey game. Most players shoot lefthanded.
I'd say it's about 70%.
Bet that's based on Goalies being either right or left handed and wanting the puck to go stick side more often.
You would think you'd want (at least prior to high skilled say HS players) to have left stick curves on one side and right stick on the other side and not care down the middle so that everyone could go forehand instantly when facing the net with their strong side.
Posted on 9/12/14 at 3:03 pm to socraticsilence
Actually, sovietsilence, there is some truth to the laffer curve. Both the Reagan AND Bush tax cuts resulted in revenue increases.
I do, however, find it disheartening that there are so many people in this country who think the government is better with your money than you are.
I have no issue with lower taxes and spending cuts, but there is this outrageous belief that letting folks keep their money somehow harms them.
Crazy. Even if tax cuts don't increase revenue, they are still morally right.
I do, however, find it disheartening that there are so many people in this country who think the government is better with your money than you are.
I have no issue with lower taxes and spending cuts, but there is this outrageous belief that letting folks keep their money somehow harms them.
Crazy. Even if tax cuts don't increase revenue, they are still morally right.
Posted on 9/12/14 at 3:08 pm to HailHailtoMichigan!
quote:
Actually, sovietsilence, there is some truth to the laffer curve. Both the Reagan AND Bush tax cuts resulted in revenue increases.
I do, however, find it disheartening that there are so many people in this country who think the government is better with your money than you are.
I have no issue with lower taxes and spending cuts, but there is this outrageous belief that letting folks keep their money somehow harms them.
Crazy. Even if tax cuts don't increase revenue, they are still morally right.
There was some truth to it in early 80s when the tax rates were significantly higher than they are now, the benefits at this point have largely been realized. Hell, even the curve posits a sweet spot not a continuing gain, its not called the laffer slope.
Posted on 9/12/14 at 3:15 pm to BigJim
quote:
If you have been following it, I'd like your (or anyone else who has been following it) thoughts on that.
The tax cuts were in large part "funded" by education cuts. A court ruled that the state must restore that spending and add $50M in spending (which is the height of insanity to begin with) based on the state Constitution. So about 60-70% of the budget shortfall is directly attributed to that.
I'd agree that the tax cuts may not have been particularly well thought out. Cuts in sales tax are not as directly stimulating to the economy as a cut in income taxes, IMO, and I think there's probably some data to back that up. I'd guess that you could increase sales taxes, reduce income taxes and come out with more state revenue within certain boundaries of change.
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