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re: Does JBE win re-election?
Posted on 11/14/19 at 7:50 pm to JKChesterton
Posted on 11/14/19 at 7:50 pm to JKChesterton
quote:
Yes I realize it but they never do they either spend it or cut taxes and when the next economic downturn comes we are right back where we started , cutting higher ed and putting temporary taxes back on
No you like high taxes and surpluses so that in tough times the government doesn’t have to tighten their belts.
The results of that policy is folks tightening their belts during the good times and when things get bad really tightening their belts even more or leaving the state for greener pastures.
You are a govt. first guy. You and Edwards agree. Govt. should always be flush with cash it’s just the people who need to adjust to the economic times.
Posted on 11/14/19 at 8:24 pm to doubleb
No that is not true tax collectons at the state level that grow with the Economy is not the same thing as wanting to raise marginal tax rates . When the economy grows and wages and earnings go up more income gets taxed in the higher marginal tax rate, if consumer spending goes up, sales tax collectons go up. I am for stability in revenues and spending , so surpluses could be the result of higher tax revenue do to rising consumer spending and higher salaries . for the record I am not for higher marginal tax rates at federal level . I am for tax system that allows for stable revenues and that is not overly reliant on oil taxes , which by 2007 to 2013 we once again were. I already have told u I was in support of the stelly tax code structure which was pushed by Governor Foster who I was a big supporter of. Nobody accused him of being a big government guy. our budget and fiscal policy were working fine under stelly and Foster .
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