Rick Snyder, 1.8 Billion in corporate tax cuts, Taxes Elderly and poor

[Armistead]

If the Governor of Florida has his way he'll lower corporate taxes to 3% and cut many programs. Course he was the head of a health insurance company that got sued for mass fraud, not to mention he took a 300 million stock option with him, so he wants to see that do well.

[Platapus]

It could be worse. You could be in Virginia.

Our new "fiscally conservative" Republican Governor's master plan for transportation?

Take money out of the already underfunded education fund and then buy $4,500,000,000 worth of bonds. That's 4.5 BILLION dollars he wants to borrow. Deficit financing. That's some kind of fiscal conservativism there McDonnell.

What does he care, by the time the bonds are due, he will be long out of office. And best of all, next election when we elect a Democratic Governor the GOP can point fingers at the huge debt that Virginia has.

[nikimcbee]

I like bacon

[mookiemookie]

If they could at least point to a time in history where lowering taxes on business ever paid for itself, or even bolstered economic growth, I could see the thinking behind this. But to keep doing it when it's never worked is lunacy.

[gimpy117]

Originally Posted by mookiemookie

If they could at least point to a time in history where lowering taxes on business ever paid for itself, or even bolstered economic growth, I could see the thinking behind this. But to keep doing it when it's never worked is lunacy.

it's not lunacy when you give a bonus to the buddies that pay your bills or give you free money, trips, and perks.

[Armistead]

Originally Posted by mookiemookie

If they could at least point to a time in history where lowering taxes on business ever paid for itself, or even bolstered economic growth, I could see the thinking behind this. But to keep doing it when it's never worked is lunacy.

The GOP is doing all it can to insure corporate america has the power.
They're doing it under the guise of capitalism. Making corporate rich has proven only one thing, a few percent are gaining all the wealth.

Just wait for the trickle down effect. If you hold your tongue out and wait for a few days you may feel a drip.

[Platapus]

That is the problem with Trickle Down Economics. Soon the middle class get's tired of being trickled on.

[Growler]

Originally Posted by Platapus

That is the problem with Trickle Down Economics. Soon the middle class get's tired of being trickled on.

And it ain't economics trickling.

[Sea Demon]

Originally Posted by Armistead

Just wait for the trickle down effect. If you hold your tongue out and wait for a few days you may feel a drip.

Or we can just go the Democrat way like out here in California where taxes are high, and businesses are leaving in droves. Productive people are leaving in droves. And deficits are skyrocketing. No thanks guys. Your answers here are completely fallacious through real world application. Higher taxes, and more government spending doesn't lead you to heaven. That's real world here.....not Democrat party talking points.

[Platapus]

Originally Posted by Sea Demon

Or we can just go the Democrat way like out here in California where taxes are high, and businesses are leaving in droves. Productive people are leaving in droves. And deficits are skyrocketing. No thanks guys. Your answers here are completely fallacious through real world application. Higher taxes, and more government spending doesn't lead you to heaven. That's real world here.....not Democrat party talking points.

Is the only alternative you can consider is the opposite extreme?

I don't think anyone is advocating that we use Schwarzenegger as a model of how to run a state.

We need to stop thinking in terms of extremes and start thinking in terms of moderation, balance, compromise.