Discussion in 'Politics' started by Bass v 2.0, May 20, 2011.
Rising revenue ups pressure to undo budget cuts - Yahoo! News
SMH at Republitards.
that depends, just because more ( and thats relative hello) money is coming now doesn't mean it will remain that way and waste is still waste and mismanagement is still mismanagement.
we got here becasue we spent ahead of pop. growth and inflation etc. creating liabilities we need to pay for in the future, incrementally that pulls from the bottom line on a year to year basis no matter what you are taking in, then you hit lean times in the unstoppable cyclical bus. climate.............. That paradigm has not changed, if we were taking in 60$ in the 90's, took in 55 in the 00's, went to 40 in the last 4-5 years and now are back at 50, and all along spent as if we were taking in 80......well?
Assuming the higher revenue does appear, it should be spent to reduce the defecit, not spent on illegal, immoral, and unConstitutional programs (like Medicare, SS, etc...)
Revenues are rising...or expected to rise? HOW?
I mean...we extended the Bush tax cuts.
And we lowered the SS tax on all people.
With these extended "Tax cuts for the wealthy"....how in the hell are governments getting MORE revenue?
Or could it be....could it possibly be...that the right was..."right", and lower taxes result in increased government revenue in the long run?
LMAO at stupid fucking liberals seeing evidence that WE were right...but refuse to admit it.
Most local gov'ts and school districts are financed by property taxes, which are not going up and in many cases still dropping. They're going to need more help due to rising pension and healthcare costs for their local public union employees. Those increased revenue expectations at the state level are from state income and sales taxes, which frankly I wouldn't put a whole lot of trust in. Some states are reducing the spending cuts, but they still gotta balance their budgets and help out the locals.
Which indicates that indeed the deficit is both a revenue and spending issue; we wont solve this problem with budget cuts alone.
I think we need to fix the tax code, it's just ridiculous. If we can rev up the economy and crearte more jobs, the revenue problem will solve itself if we fix the tax code. But the spending is where the heavy lifting is, we've gotta make big adjustments there or things will get really ugly.
Paying debt service with forecasted revenue increases is still called a "Workout"
And I find your fucking flag offensive, Buckwheat
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