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re: Does JBE win re-election?
Posted on 11/14/19 at 8:24 pm to doubleb
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 .
Posted on 11/14/19 at 8:36 pm to JKChesterton
We didn’t wait for the economy to grow, we raised taxes. The biggest tax increase in state history killed economic activity.
That along with the anti business stance JBE took caused businesses to shy away and folks to leave.
But govt. did well. No services were cut. In fact they increased. There was no belt tightening, no layoffs.
Edwards fixed the govt. at the expense of the population.
That along with the anti business stance JBE took caused businesses to shy away and folks to leave.
But govt. did well. No services were cut. In fact they increased. There was no belt tightening, no layoffs.
Edwards fixed the govt. at the expense of the population.
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