Kansas has some Tax problems

[Eastoff]

http://www.vox.com/2014/7/8/5868717/sam-brownback-kansas-tax-cut

So what's this article leaving out? Why is this article wrong to assume tax cuts are the problem?

 

[SlyPokerDog]

Fucking Obama.

 

[JfizzleBlazer]

Fucking Obama.

I wonder what the tagline will be when Hilary becomes president.

Fucking Hilary?

That doesn't seem derogatory because nobody would Fuck Hilary. Not even bill.

 

[SlyPokerDog]

I wonder what the tagline will be when Hilary becomes president.

Fucking Hilary?

That doesn't seem derogatory because nobody would Fuck Hilary. Not even bill.

That Hunt Cilary.

 

[JfizzleBlazer]

That Hunt Cilary.

Probably. Nobody has seen that hunt for years. Dust would probably fly out if she was on her knees

 

[SlyPokerDog]

Probably. Nobody has seen that hunt for years. Dust would probably fly out if she was on her knees

McCain banged her in Estonia a few years back.

http://www.rawstory.com/news/2006/NYT_Senators_Clinton_McCain_held_vodkadrinking_0728.html

 

[SlyPokerDog]

That Hunt Cilary.

BTW for the record I was only kidding and would not call her that.

 

[barfo]

Apparently Republicans didn't put their money where their mouths were.

I'd say bummer for Kansas, but hey, "elections have consequences".

barfo

 

[Denny Crane]

KC newspaper tells a different story.

http://www.kansascity.com/news/government-politics/article673701.html

According to documents provided by his Department of Revenue, Brownback was actually told on “day one” that he faced a deficit of just $60 million in six months.

A $492 million deficit was predicted for 18 months later — June 30, 2012, the end of the 2012 fiscal year. The end of the federal stimulus program caused a cash crunch in Kansas and most other states.

On July 2, Brownback clarified his statement in an email to The Star.

“After taking office in January 2011, I was presented with an FY 2012 budget which … had a projected deficit of $500 million if the administration took no action,” he said, a much clearer description of what actually happened.

(Lots more at the link, including how he raised sales tax, property taxes by more than $300M, the state had $500M in the bank in May 2013, spending increased from $5B to $6B, etc.)

 

[BLAZER PROPHET]

That Hunt Cilary.

BWAAAAAAAAAAHAHAAAAAAAAHA
HAHA!!!!

 

[jlprk]

Reagan did the same. Cut taxes for the rich, but not spending, bingo bango, catastrophic deficits. Laffer and trickledown economics were disproven.

The article says Laffer approves what Brownback did. As a senator, Brownback sucked on the NASA committee, too.

 

[Denny Crane]

Reagan did the same. Cut taxes for the rich, but not spending, bingo bango, catastrophic deficits. Laffer and trickledown economics were disproven.

The article says Laffer approves what Brownback did. As a senator, Brownback sucked on the NASA committee, too.

Reagan cut taxes for the middle class and lower class. The bottom 6,000,000 earners paid no income tax at all when he was done.

He raised taxes on the rich by eliminating their favorite tax loopholes.

Is it scientific to rewrite history in a way it didn't happen?

 

[jlprk]

If so, you are the Albert Einstein of historians.

 

[Denny Crane]

And you are the bozo of scientists.

This site says bottom 4M. I stand corrected.

http://www.heritage.org/research/reports/2001/03/the-real-reagan-economic-record

• The proportion of total income taxes paid by the top 1 percent rose sharply under President Reagan, from 18 percent in 1981 to 28 percent in 1988.14
• Average effective income tax rates were cut even more for lower-income groups than for higher-income groups. While the average effective tax rate for the top 1 percent fell by 30 percent between 1980 and 1992, and by 35 percent for the top 20 percent of income earners, it fell by 44 percent for the second-highest quintile, 46 percent for the middle quintile, 64 percent for the second-lowest quintile, and 263 percent for the bottom quintile.15
• These reductions for the lowest-income groups were so large because President Reagan doubled the personal exemption, increased the standard deduction, and tripled the earned income tax credit (EITC), which provides net cash for single-parent families with children at the lowest income levels. These changes eliminated income tax liability altogether for over 4 million lower-income families.16

 

[jlprk]

You fool no one when you use Heritage. You would be more credible quoting Sean Hannity.

 

[MARIS61]

Reagan nearly doubled taxes for the middle class and lower class by eliminating nearly all peviously allowable medical deductions.

He virtually eliminated taxes on the rich by expanding their favorite tax loopholes and turning a blind eye to offshore accounts and earnings abroad.

I fixed your embarrassing misinformation for you.

You should probably have some cognitive tests done.

 

[Eastoff]

KC newspaper tells a different story.

http://www.kansascity.com/news/government-politics/article673701.html

According to documents provided by his Department of Revenue, Brownback was actually told on “day one” that he faced a deficit of just $60 million in six months.

A $492 million deficit was predicted for 18 months later — June 30, 2012, the end of the 2012 fiscal year. The end of the federal stimulus program caused a cash crunch in Kansas and most other states.

On July 2, Brownback clarified his statement in an email to The Star.

“After taking office in January 2011, I was presented with an FY 2012 budget which … had a projected deficit of $500 million if the administration took no action,” he said, a much clearer description of what actually happened.

(Lots more at the link, including how he raised sales tax, property taxes by more than $300M, the state had $500M in the bank in May 2013, spending increased from $5B to $6B, etc.)

So wait, this Republican In Name Only raised taxes? But when the Federal spending from Obama ran out, the state was in trouble? I'm confused.

 

[Denny Crane]

So wait, this Republican In Name Only raised taxes? But when the Federal spending from Obama ran out, the state was in trouble? I'm confused.

Ok, you're confused.

 

[Denny Crane]

I fixed your embarrassing misinformation for you.

You should probably have some cognitive tests done.

What good is a tax deduction if you pay $0 tax?

Tell me more about these cognitive tests. You should be the expert on those.

 

[Denny Crane]

You fool no one when you use Heritage. You would be more credible quoting Sean Hannity.

Prove they're not facts instead of supplying partisan and empty rhetoric. For once.

 

[blazerboy30]

http://www.vox.com/2014/7/8/5868717/sam-brownback-kansas-tax-cut

So what's this article leaving out? Why is this article wrong to assume tax cuts are the problem?

Is this a trick question or are you feigning ignorance? Or did you not actually read the article?

 

[Eastoff]

Is this a trick question or are you feigning ignorance? Or did you not actually read the article?

I thought the article did a good job of suggesting the tax cuts hurt the state. Perhaps I'm a poor reader and missed the counter point. Here I was hoping for some good arguments why it's wrong. Instead I get your snarky, sarcastic shit?

 

[BrianFromWA]

I think what the point of the article was was that submitting a bill that cuts x in tax revenue and x in services, then saying that you're not actually cutting the x in services, can lead to poor performance of the bill.
Not saying it's a D or R thing, because whoever the genii were that changed the bill before voting "yes" didn't help matters at all.

 

[Denny Crane]

I think what the point of the article was was that submitting a bill that cuts x in tax revenue and x in services, then saying that you're not actually cutting the x in services, can lead to poor performance of the bill.
Not saying it's a D or R thing, because whoever the genii were that changed the bill before voting "yes" didn't help matters at all.

I think the point was to distort the situation for political gain.

The KC news article and many others said he inherited a mess that would be $500M deficit in 18 months. The state's bank account grew by $350M in that time, instead. If the state's deficit is $10M, blame the tax cuts, never mind that without them that $10M would have been $350M+.

Income tax revenues are down. OMG. Property taxes revenues are up $300M.

From what I read, a big chunk of spending cuts were reversed by the courts.

 

[Eastoff]

I think the point was to distort the situation for political gain.

The KC news article and many others said he inherited a mess that would be $500M deficit in 18 months. The state's bank account grew by $350M in that time, instead. If the state's deficit is $10M, blame the tax cuts, never mind that without them that $10M would have been $350M+.

Income tax revenues are down. OMG. Property taxes revenues are up $300M.

From what I read, a big chunk of spending cuts were reversed by the courts.

This is the straight forward answer I was looking for. Thanks Denny.

 

[Denny Crane]

This is the straight forward answer I was looking for. Thanks Denny.

I'm not a fan of Brownback by any means. I am in favor of cutting taxes and spending at every opportunity.