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(Kansas City)   Tea Party economics in the state of Kansas have resulted in massive deficits, draining of the rainy day fund, and set up massive cuts to education and social services. The Tea Party solution: tax cuts   (kansascity.com) divider line 44
    More: Fail, rainy day fund, tax cuts, social services, Sam Brownback, bond credit rating, deficits  
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6937 clicks; posted to Politics » on 11 Nov 2012 at 7:44 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
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Archived thread
2012-11-11 07:26:44 AM  
9 votes:
So, what you're saying is that the Teabaggers have no idea what they're doing?

Quelle surprise!

Maybe you should vote with your own damn brains instead of what some gibbering moron on TV or AM radio tells you, eh?
2012-11-11 08:07:01 AM  
8 votes:
I don't even want to talk about this...

We have to suffer through major embarrassments like our Board of Education and Brownback...
I have to sit helplessly as the Koch bros. primary the hell out of any moderate republican candidate...
Then watch them roll to victory based on the (R) next to their name...

My beloved state is becoming the Tea Party dream - a place where a lack of basic services, government-licensed privatization of public property and regressive social polices make for a "job creator" paradise of low taxes and regulations...

You know what's funny - conservatives like to blame liberalism (or more generally a secular society) for a decline in "traditional values" but their policies hurt small cities and towns (bastions of more conservative ideas) by cutting public education and blocking access to quality healthcare.

The result is a under-educated, under-employable population that will, in my opinion, be much more likely to experience high-divorce rates, teen pregnancy and drug use. 

/I know, I talked about it anyway...
2012-11-11 08:23:22 AM  
6 votes:

nekom: FlameDuck: There is a counter argument, that a state needs to have good roads, good schools and other services to attract tax paying population. Business that requires educated workforce will slowly move away thus reducing tax revenue further. Nobody has ever suggested 100%. Sweet spot is not at the point where you get most revenue to the states it's where the population feels it get most for the taxes paid.

That's certainly true as well. "You didn't build that" could more accurately be put as "You didn't build that in a vacuum." Any business in America relies HEAVILY on infrastructure, no question about that. And yes, of course 100% would never be suggested as the "sweet spot", for the same reason that 0% wouldn't either. But I would think that you would want to try to approach higher revenue. And of course who pays more or less is subject to whether you are liberal or conservative on that.


More importantly - they depend upon the existence of an organized, lawful, civilized society. One in which property may be legally owned and protected, in which contracts can be made and enforced, and in which some basic human needs are met. And this requires government.
And if you are going to have a really big civilization, like ours, it's going to take a fairly big government to run it.
So one good step to adulthood for Americans would be to cross the phrase "big government" off the official list of dirty words.
2012-11-11 09:38:06 AM  
5 votes:

Vertdang: Don't forget. These are people who will reject empirical evidence because "it feels right in my gut". Facts and logic do not apply here.


It's Faith Based Economics. The last 30 years the country spent on deregulation and the Laffer Curve speak for themselves: a series of boom-bust cycles, a gutting of the middle class, chronic loss of industry, a dangerous reliance of the GDP on the financial sector, and a historically unprecedented disparity in wealth. None of this penetrates the message Teahadists hear from the moral authorities in the top 0.1%, their living 'proof' the policies work. By flooding whole-owned media outlets with messages concocted of base self-interest, religion, patriotism and strength, the tiny sliver owning most of the country profit from manipulating the middle class to defend to the point of revolt policies grievously harmful to their self-interest. Obvious failures, and the counter-arguments based on them, are accused of being the institutional bias responsible for failure and attacked with transparent lies like labor participation rate, unemployment numbers and gas prices.

By any reasonable reading of Merriam-Webster the manipulators behind this are traitors. That Teadhadists are only useful tools doesn't make finding common ground with their fantasy the correct solution.
2012-11-11 08:18:05 AM  
4 votes:
"Conservatives will own Kansas budget mess"


Um...when have conservatives ever "owned" any mess?
2012-11-11 09:52:15 AM  
3 votes:

born_yesterday: Jesus, a child could be raised on lead paint and come up with a better plan than that.


Yup. Now go back and think about this - the Ryan budget is the ONLY reason to bring Ryan into the campaign. His entire role in Congress was to be That One Guy who does nothing but shiat out nearly insane budgets to help push the point of compromise to the right (kinda like the guy at a bazaar who marks everything up $100 solely to move the haggle point up $20). Then, promptly after picking him up, the campaign disavowed any approval of the Ryan budget. THEN they refused to offer an alternative, or even mention material differences between the theoretical plan and the Ryan budget other than "Well, it's better."
2012-11-11 09:40:18 AM  
3 votes:
As a Kansan, I can say without question that these tax cuts benefit me personally. It's like they looked at my situation (multiple corps, partnership, and rental-property income) and devised a plan that ensured I will pay absolutely no state income tax. None. Zip. Nada.

W-2 wage earners? They continue to pay. And now, thanks to our brilliant governor, they will pay a much higher percentage of the state's revenue than before. This, my friends, is a perfect example of a regressive tax. Hurting the little people is OK as long as the rich benefit. Let them eat cake!

At first, I thought this plan was just an example of how stupid these small men are. I thought that they were living in a fantasy world thinking that this plan will attract new businesses into the state. Obviously, no business owner is going to relocate to Kansas simply because the owner will pay no state income tax. Anyone who believes this myth exposes just how little they understand about the dynamics of owning a business.

Upon reflection, I realized they can't possibly be this stupid. They don't suffer from ignorance; instead, they are simply bad people. Let's face it: W-2 wage earners don't donate to Republican campaigns. High earners do. Screw the W-2 earners!

From their point of view, ruining a once great place to live is simply a cost of ensuring reelection. It's nothing more, nothing less. Thus, this is not a "tax plan" or "business development program". It's just a cynical plan to ensure reelection.
2012-11-11 08:23:35 AM  
3 votes:
This like the House Republicans holding the country hostage is in a lot of ways the fault of the "reality based media" and their failure to call out the wreckless fiscal policy of deregulation, tax cuts, tax cuts, tax cuts, and more tax cuts out of fears of accusations of being biased.

Spending the reserve fund down to zero. Unlike many states, Kansas has no constitutional requirement to maintain a "rainy day" fund. Using the $470 million currently in the bank would provide a temporary partial fix, but for one year only. Kansas' structural budget imbalance won't go away unless the state finds more permanent sources of revenue. Eventually the imbalance and absence of a reserve fund could affect the state's bond rating.

Call me a conspiracy theorist, but like with Medicare and Social Security it seems to me that the "job creator" class sees this hunk of cash and it makes their mouths water. How do they get it? Well if you can't just take it, buy politicians who indirectly funnel it to you with disproportionate tax cuts in your favor while starving the government until they have to spend it. Of course you slowly break down the fabric of American society into some bastardized corproate caste system, but that is the point also.
2012-11-11 08:18:56 AM  
3 votes:
You really didn't buy the whole "fiscal conservatism" thing from fiscal conservatives did you? Every Republican "conservative" administration in the last 2 plus decades has raised both the deficit and the debt.

But idiot voters keep buying into it. Never underestimate the power of stupid people in large groups.
2012-11-11 07:48:07 AM  
3 votes:
Let them suffer the consequences of their own stupidity.
2012-11-11 07:18:56 AM  
3 votes:
And deregulation. Don't forget deregulation.
2012-11-11 05:31:36 PM  
2 votes:

thrgd456: I know it sounds crazy to a liberal, but the "smaller government" crowd actually wants LESS government. LESS. That's right, not more, not the same amount, but LESS. OK?

You liberals have a different opinion and that's fine. You are wrong, but in this country you have the right to hold an incorrect opinion and then vote your convictions. (not convicts, although we know you love padding the polls)

Less government by way of cutting off the resources that fund government, forcing the hard choices. That's what the fiscal cliff could do for us at the federal level.


Yeah but that isn't reality. This is:
Ohio really did go to President Obama last night, and he really did win. And he really was born in Hawaii. And he really is legitimately president of the United States -- again. And the Bureau of Labor Statistics did not make up a fake unemployment rate last month. And the Congressional Research Service really can find no evidence that cutting taxes on rich people grows the economy. And the polls were not skewed to oversample Democrats. And Nate Silver was not making up fake projections about the election to make conservatives feel bad. Nate Silver was doing math. And climate change is real. And rape really does cause pregnancy sometimes. And evolution is a thing. And Benghazi was an attack on us; it was not a scandal by us. And nobody is taking away anyone's guns. And taxes have not gone up. And the deficit is dropping, actually. And Saddam Hussein did not have weapons of mass destruction. And the moon landing was real. And FEMA is not building concentration camps. And U.N. election observers are not taking over Texas. And moderate reforms of the regulations on the insurance industry and the financial-services industry in this country are not the same thing as Communism.
Most of your fellow Americans know these things and in addition, they know that the GOP is NOT a party of small government.
The snake oil pitch about small government has been seen through, and rejected.
Reality.
2012-11-11 08:47:56 AM  
2 votes:

cirby: Oddly, there's not much mention of the $13.4 billion dollar budget. Which could be cut by a mere five percent to save that $707 million. It's a shame the Kansas state budget is so well-designed that they can't manage to cut five percent off of it within a year or so


Oh they'll find someplace to cut that $707M. They'll find it in places like medicaid, education, child protective services, welfare, and university funding. Next year they'll be faced with a similar situation and so will go on another round of cuts and repeat this annually until the state is an ignorant, impoverished backwater that subsists on federal farm subsidies.
2012-11-11 08:03:13 AM  
2 votes:

nmemkha: Of course, according to the comments, its all Obama's fault.


Well, it is. "Obama" is not a person.
"Obama" is a symbolic repository for all things evil.
"Obama" is that which causes the cow to sicken, and the milk to sour.
"Obama" is a dark cloud of homosexuality, socialism, atheism, Islam, and Communism that is overrunning the country.
"Obama" is the Devil.
2012-11-11 07:58:26 AM  
2 votes:

vegasj: Kittypie070: Let them suffer the consequences of their own stupidity.

and this has been what I've been saying about Obama supporters.

raise the debt, tell people taxes will not be raised.

I don't see how both can be done yet.


At least for the time being, this is how it can be done. We can borrow money for twenty years and pay back less than we borrowed today. That means that if we were to cut spending or raise taxes to close the deficit, it would actually cost us MORE than it would to just plain borrow the money. Not doing it when the market is practically begging us to do it is insane. Why would you pay ten bucks for a product when you can pay nine bucks for the exact same product just a block down the road?
2012-11-11 02:10:44 PM  
1 votes:
I am going to use this every chance I get:


'Is that some kind of Math You Do As A Republican To Make Yourself Feel Better?'
2012-11-11 01:54:17 PM  
1 votes:
The best part about how angry chimpsky is is this.

All the things he hates are going to continue to happen. We don't even need to argue with him. Just enjoy the fact that he's going to hate the world he lives in for his entire life.
2012-11-11 11:14:48 AM  
1 votes:
The laffer curve is a stupid meaningless concept that should never be used in any real world situation. There's just too many other factors you need to take into account.
2012-11-11 11:10:59 AM  
1 votes:

cirby: It does when you're trying to get people to start doing business in your state, and you cut the budget accordingly. As I noted above, they only need a five percent cut in spending to balance the budget. If you're too dumb to find five percent of a state budget to cut, you need to stay out of politics entirely.


It might bring more business to the state, but it won't be enough to make up for the shortfall as a result of the tax cut.

At best, you'll end up where you started and at worst, you'll be deeper in the red and have to cut spending even more than you probably needed to (which is the real intent of conservatives)/

People throw around tax cuts like it's a panacea to everything.

I've got to say this once and for all Tax cuts WILL NOT GET YOU OUT OF A DEFICIT!!!
2012-11-11 11:04:50 AM  
1 votes:

Noam Chimpsky: jso2897: Noam Chimpsky: The fallacy is the assertion by the commie editorialist that the state of Kansas has a responsibility to pay for all these commie dreams of his. Kansas needs to purge it's remaining liberals and it will be a utopia.

Yeah. That's probably not how this is going to shake out.

You want Kansans to be taxed to finance the parasitic existence of those who can't or won't finance their own existence. Cutting taxes effectively chokes off and purges these parasites and improves the quality of the state. Obama gets revenge against conservatives at the federal level and conservatives need to get revenge against the parasite left where they can, and that is at the state level in these liberal states.


A simple "I was wrong about everything and the american public left my failed ideology behind this election, I am sorry" is all you really needed to say.
2012-11-11 10:56:09 AM  
1 votes:

nekom: vpb: You mean cutting your income doesn't help you pay bills? Sounds like socialisms!

Well, to be fair there is a case to be made for a counter-intuitive "lowering taxes increases revenue" argument. At least, to some degree. After all, with a 100% or 0% tax rate, your revenues would be quite low. I would think that finding that "sweet spot" for the highest revenue ought to be the goal, though finding that is probably near impossible.


Sounds like the Tea Party needs to play some Sim City and get back to us.
2012-11-11 10:50:13 AM  
1 votes:

cirby: Oddly enough, it's always the Democrats who start screaming about cutting those things, instead of cutting, oh, "arts programs" (which somehow always seem to give money to fifth-rate failed artists who are friends with one or another local politician, to teach poor kids how to do really bad art) or "beautification projects" (which, by random chance, always seem to happen right in front of the homes of local or state politicians, and are awarded to relatives of same).


It's not our fault you live in a shiatty state with no controls on how public funds are spent to keep the most egregious examples of public graft to a minimum.
2012-11-11 10:24:59 AM  
1 votes:
Red state Kansas receives $1.12 cents in Federal spending for every dollar it pays in Federal taxes. New Jersey, a solid blue state, comes in dead last, receiving only 61 cents in Federal spending for every dollar paid in.

GIVE ME BACK MY FARKING MONEY, YOU RED STATE WELFARE WHORES!
2012-11-11 10:10:57 AM  
1 votes:
Now that NC has veto proof majorities of Republicans in both houses, and a Republican Governor as well, I expect that same kind of nonsense coming out of our legislature starting next year. McCrory is talking about how the government is "broken" and he's bringing a businessman's viewpoint to the state, but so far he's not provided any particulars on what he will do.

Nothing on that list from Kansas though would surprise me if they came up with it. Our Republicans aren't any smarter than theirs, unfortunately.
2012-11-11 09:58:40 AM  
1 votes:

spelletrader: The cuts in education ensure that the people remain uneducated enough to vote for the teabagging idiots.

Looks like Kansas is the next Mississippi.


I used to be stationed at Fort Riley, Kansas with the 1st Infantry Division. The shiathole town next door would have dried up and died without the money coming in from the base, but every local had a chip on their shoulder about how they all pulled themselves up without any government help.
2012-11-11 09:58:14 AM  
1 votes:
They left off one thing that Kansas can still do to close the budget gap. Sell off State owned assets. There is quite a bit they can do:

1. Sell the prisons to for profit companies. The inmates can pay for the operation of the prison by working at whatever jobs their corporate owners can make money with them doing. This strikes me as a way to also solve the migrant labor problem as low risk prisoners can be used to pick crops at harvest. I would imagine that arrests for short time offenses would go up right before harvest time.

2. Sell the roads and bridges, tolls everywhere. You can drive like 90MPH in Texas now on that freedom loving toll road.

3. Sell the State offices and buildings. Right now there are too many State employees as it is. There is no need to all that office space. Sell it off, especially after you fire most of the State workers, and lease back smaller offices from the corporations that now own the property.

4. Sell of the State parks and recreation areas to private recreation and resort companies. People that can't afford to pay an entrance fee to a nice lake or park should be working more anyway.

5. Sell off the schools, use whatever Federal dollars come in for education to pay for a voucher. The free market and churches will provide stuff like classroom VCRs for learnin' your young ones.


I'm surprised I could think of many ways to solve the Kansas budget crisis and this article only thinks that a useless rainy day fund is the only way they are going to do it.
2012-11-11 09:37:29 AM  
1 votes:
The inevitable consequence of electing a group of people who love a fictional version of your country, but outwardly despise the reality of it. Their true faith in bagger-economics will drag you to oblivion, and they'll just screech the national anthem louder and louder to drown out your protest.

/same problem in WI
2012-11-11 09:31:25 AM  
1 votes:

born_yesterday: In any case, let these people vote themselves into farking oblivion; ignorant, shiat-eating morans.


Hoarseman: I'm not saying your scenario is impossible, but it will require more maturity than the average voter has shown thus far.


Unfortunately, there's a reason the book is entitled What's The Matter With Kansas
2012-11-11 09:29:38 AM  
1 votes:

Noam Chimpsky: jso2897: Noam Chimpsky: The fallacy is the assertion by the commie editorialist that the state of Kansas has a responsibility to pay for all these commie dreams of his. Kansas needs to purge it's remaining liberals and it will be a utopia.

Yeah. That's probably not how this is going to shake out.

You want Kansans to be taxed to finance the parasitic existence of those who can't or won't finance their own existence. Cutting taxes effectively chokes off and purges these parasites and improves the quality of the state. Obama gets revenge against conservatives at the federal level and conservatives need to get revenge against the parasite left where they can, and that is at the state level in these liberal states.


I'm not talking about what I want. I'm talking about what is going to happen. The boomers are dying and the immigrants are coming. The Reagan years are over. The country is going to move in a new direction now - as it always does every generation or so. It ain't the end of the world.
Love it or hate it - you'd better prepare yourself to deal with it.
As far as what I want - it's not important, and anyway, I try to keep my desires reality-based, and view them in the context of the world I actually live in.
2012-11-11 09:24:32 AM  
1 votes:

Notabunny: Barbaro's Broken Ankle: Everybody laughs at Kansas, but be aware that Brownback is just building up his conservative credentials in preparation for a run at President in 2016.

You're right, and Brownback is pretty adept as far as Teabaggers go, But 2016 is not a good year for a Teabagger to run on the Republican ticket. Like Obama said in yesterday's announcement at the White House, the public voted for the Obama budget and against the Ryan budget. In 2016 Obama will have 12 million new jobs and a shrinking debt and deficit to point to, he'll be able to credit his budget as the reason, and he'll be the Democratic nominee's Cheerleader In Chirf. A Teabagger candidate promising a return to Bush-era trickle-down economics isn't going to have much success. Perhaps, though, 2020 may be the time for the Tea Party to become and actual party (as opposed to a movement within the Republican party) and run its own candidate.


Gonna have to disagree with Obama there. Because while I voted for him, I guarantee that, like me, no one else has a flying farking clue what the Ryan budget was because IT WAS A farkING CAMPAIGN SECRET.

In any case, let these people vote themselves into farking oblivion; ignorant, shiat-eating morans.
2012-11-11 09:13:24 AM  
1 votes:

nekom: vpb: You mean cutting your income doesn't help you pay bills? Sounds like socialisms!

Well, to be fair there is a case to be made for a counter-intuitive "lowering taxes increases revenue" argument. At least, to some degree. After all, with a 100% or 0% tax rate, your revenues would be quite low. I would think that finding that "sweet spot" for the highest revenue ought to be the goal, though finding that is probably near impossible.


To the Tea Party, the Laffer curve has no left half. Then again, they don't care... they don't believe the government should be providing free education or roads... that's a problem for the free market to fix.
2012-11-11 09:01:27 AM  
1 votes:
"Sir, we've hit the Mantle Layer and it is slowing us down. I don't think we will ever reach the moon."
"Keep digging!"
2012-11-11 08:57:58 AM  
1 votes:

Monkeyhouse Zendo: nekom: Well, to be fair there is a case to be made for a counter-intuitive "lowering taxes increases revenue" argument. At least, to some degree. After all, with a 100% or 0% tax rate, your revenues would be quite low. I would think that finding that "sweet spot" for the highest revenue ought to be the goal, though finding that is probably near impossible.

The problem is that most Americans struggle with grade school arithmetic while modeling something as complex as our economy can only reasonably be approximated by a set of differential equations. Laffer may have been an accomplished economist but his "law" is something that every Calculus 101 student has learned since there was Calculus 101; it's a property of just about any real continuous function, and the response to it should have been "well farkin duh, maybe you should slow down on the beers, lightweight".


This. Also, Republicans initially used the Laffer curve to justify cutting taxes in moderation to get to that "sweet spot." Fair enough. Nowadays, though, they're just throwing that out of the window and assuming that taxes ALWAYS need to be lower. They have no concept of the possibility that we might already be to the left of ideal on the Laffer curve, and they just assume that the peak of the Laffer curve is at zero, as though the Laffer curve were described by the upper right quadrant of y=(1/x).
2012-11-11 08:55:52 AM  
1 votes:

Monkeyhouse Zendo: cirby: Oddly, there's not much mention of the $13.4 billion dollar budget. Which could be cut by a mere five percent to save that $707 million. It's a shame the Kansas state budget is so well-designed that they can't manage to cut five percent off of it within a year or so

Oh they'll find someplace to cut that $707M. They'll find it in places like medicaid, education, child protective services, welfare, and university funding. Next year they'll be faced with a similar situation and so will go on another round of cuts and repeat this annually until the state is an ignorant, impoverished backwater that subsists on federal farm subsidies.


Monkeyhouse Zendo.

So, you're saying things will be pretty much status quo in Kansas for the near future?
2012-11-11 08:27:46 AM  
1 votes:

jso2897: So one good step to adulthood for Americans would be to cross the phrase "big government" off the official list of dirty words.


Depends on the context. Where government is wasteful, it should be fixed. As a lefty, I believe that taxes should be as low as possible while still taking care of our citizens, and I do believe that the wealthy should pay more. But even I will admit that there are some government programs in bad need of reform, or outright cancellation.

But you're absolutely right, without the rule of law and the structure of private property, any form of capitalism would be unworkable.
2012-11-11 08:13:41 AM  
1 votes:

wildcatben: I don't even want to talk about this...

We have to suffer through major embarrassments like our Board of Education and Brownback...
I have to sit helplessly as the Koch bros. primary the hell out of any moderate republican candidate...
Then watch them roll to victory based on the (R) next to their name...

My beloved state is becoming the Tea Party dream - a place where a lack of basic services, government-licensed privatization of public property and regressive social polices make for a "job creator" paradise of low taxes and regulations...

You know what's funny - conservatives like to blame liberalism (or more generally a secular society) for a decline in "traditional values" but their policies hurt small cities and towns (bastions of more conservative ideas) by cutting public education and blocking access to quality healthcare.

The result is a under-educated, under-employable population that will, in my opinion, be much more likely to experience high-divorce rates, teen pregnancy and drug use. 

/I know, I talked about it anyway...


Move to Lawrence. We're trying to fight against the state becoming Brownbackistan.
2012-11-11 08:13:10 AM  
1 votes:
Point of reference:

Kansas Agricultural Subsidies:
$15.4 billion in subsidies 1995-2011.
$9.07 billion in commodity subsidies.
$2.96 billion in crop insurance subsidies.
$2.27 billion in conservation subsidies.
$1.13 billion in disaster subsidies.
Kansas ranking: 6 of 50 States
2012-11-11 08:12:03 AM  
1 votes:
Sometimes the best punishment you can exact upon someone is to give them exactly what they want.
2012-11-11 08:09:34 AM  
1 votes:

Vodka Zombie: So, what you're saying is that the Teabaggers have no idea what they're doing?


Um, did you miss the headline where it said and set up massive cuts to education and social services? Sounds like they got exactly what they wanted.
2012-11-11 08:09:00 AM  
1 votes:
[pawslaps vegasj]

Did I ask for your opinion, buffoon?
2012-11-11 07:56:08 AM  
1 votes:

nekom: vpb: You mean cutting your income doesn't help you pay bills? Sounds like socialisms!

Well, to be fair there is a case to be made for a counter-intuitive "lowering taxes increases revenue" argument. At least, to some degree. After all, with a 100% or 0% tax rate, your revenues would be quite low. I would think that finding that "sweet spot" for the highest revenue ought to be the goal, though finding that is probably near impossible.


There is a counter argument, that a state needs to have good roads, good schools and other services to attract tax paying population. Business that requires educated workforce will slowly move away thus reducing tax revenue further. Nobody has ever suggested 100%. Sweet spot is not at the point where you get most revenue to the states it's where the population feels it get most for the taxes paid.
2012-11-11 07:53:12 AM  
1 votes:

Kittypie070: Let them suffer the consequences of their own stupidity.


Hey, I'm not stupid. I voted for people who didn't support his ridiculous tax cut plan. I talked up how idiotic it was to my friends and asked them to share the message. Hell, a not insignificant number of Republicans I talk to actually agree that it's ridiculous. Unfortunately, there are a bunch of farking lunatics out on the west end of the state who want the state to look like a Christian version of Pakistan.
2012-11-11 07:45:56 AM  
1 votes:

vpb: You mean cutting your income doesn't help you pay bills? Sounds like socialisms!


Well, to be fair there is a case to be made for a counter-intuitive "lowering taxes increases revenue" argument. At least, to some degree. After all, with a 100% or 0% tax rate, your revenues would be quite low. I would think that finding that "sweet spot" for the highest revenue ought to be the goal, though finding that is probably near impossible.
vpb [TotalFark]
2012-11-11 07:43:16 AM  
1 votes:
You mean cutting your income doesn't help you pay bills? Sounds like socialisms!
 
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