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Jim Jones.
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June 7, 2009 at 9:12 PM #412740June 7, 2009 at 9:15 PM #412043
NotCranky
Participant[quote=SD Realtor]I understand those who support continuation of welfare support and benes for illegals. My only question is where do you guys propose the cuts be made then? Or is the solution to not make cuts and raise taxes only?
I recall someone had made a recommendation one time about a simple 20 percent reduction across the board. Not a bad idea.
.[/quote]
I am no bean counter, but sure,why not a 20% cut across the board to start with… or something like 10% per year three consecutive years with attenuating borrowing on a scale that allows for this pace. Revenues could still fall short of course. How about the state takes 10% of all refunds for the next few years too and generate some other revenue with use taxes.How about every existing tax goes up a small amount in the first year and drop from there as possible with a mandate to have no tax higher than todays rate in 5 years? No big tax increases in any specific area.
Not sure what I would do but the idea is to DO SOMETHING on a pain sharing plan, while hopefully real work to do something better with this state’s management is done.
June 7, 2009 at 9:15 PM #412280Participant[quote=SD Realtor]I understand those who support continuation of welfare support and benes for illegals. My only question is where do you guys propose the cuts be made then? Or is the solution to not make cuts and raise taxes only?
I recall someone had made a recommendation one time about a simple 20 percent reduction across the board. Not a bad idea.
.[/quote]
I am no bean counter, but sure,why not a 20% cut across the board to start with… or something like 10% per year three consecutive years with attenuating borrowing on a scale that allows for this pace. Revenues could still fall short of course. How about the state takes 10% of all refunds for the next few years too and generate some other revenue with use taxes.How about every existing tax goes up a small amount in the first year and drop from there as possible with a mandate to have no tax higher than todays rate in 5 years? No big tax increases in any specific area.
Not sure what I would do but the idea is to DO SOMETHING on a pain sharing plan, while hopefully real work to do something better with this state’s management is done.
June 7, 2009 at 9:15 PM #412526Participant[quote=SD Realtor]I understand those who support continuation of welfare support and benes for illegals. My only question is where do you guys propose the cuts be made then? Or is the solution to not make cuts and raise taxes only?
I recall someone had made a recommendation one time about a simple 20 percent reduction across the board. Not a bad idea.
.[/quote]
I am no bean counter, but sure,why not a 20% cut across the board to start with… or something like 10% per year three consecutive years with attenuating borrowing on a scale that allows for this pace. Revenues could still fall short of course. How about the state takes 10% of all refunds for the next few years too and generate some other revenue with use taxes.How about every existing tax goes up a small amount in the first year and drop from there as possible with a mandate to have no tax higher than todays rate in 5 years? No big tax increases in any specific area.
Not sure what I would do but the idea is to DO SOMETHING on a pain sharing plan, while hopefully real work to do something better with this state’s management is done.
June 7, 2009 at 9:15 PM #412592Participant[quote=SD Realtor]I understand those who support continuation of welfare support and benes for illegals. My only question is where do you guys propose the cuts be made then? Or is the solution to not make cuts and raise taxes only?
I recall someone had made a recommendation one time about a simple 20 percent reduction across the board. Not a bad idea.
.[/quote]
I am no bean counter, but sure,why not a 20% cut across the board to start with… or something like 10% per year three consecutive years with attenuating borrowing on a scale that allows for this pace. Revenues could still fall short of course. How about the state takes 10% of all refunds for the next few years too and generate some other revenue with use taxes.How about every existing tax goes up a small amount in the first year and drop from there as possible with a mandate to have no tax higher than todays rate in 5 years? No big tax increases in any specific area.
Not sure what I would do but the idea is to DO SOMETHING on a pain sharing plan, while hopefully real work to do something better with this state’s management is done.
June 7, 2009 at 9:15 PM #412745Participant[quote=SD Realtor]I understand those who support continuation of welfare support and benes for illegals. My only question is where do you guys propose the cuts be made then? Or is the solution to not make cuts and raise taxes only?
I recall someone had made a recommendation one time about a simple 20 percent reduction across the board. Not a bad idea.
.[/quote]
I am no bean counter, but sure,why not a 20% cut across the board to start with… or something like 10% per year three consecutive years with attenuating borrowing on a scale that allows for this pace. Revenues could still fall short of course. How about the state takes 10% of all refunds for the next few years too and generate some other revenue with use taxes.How about every existing tax goes up a small amount in the first year and drop from there as possible with a mandate to have no tax higher than todays rate in 5 years? No big tax increases in any specific area.
Not sure what I would do but the idea is to DO SOMETHING on a pain sharing plan, while hopefully real work to do something better with this state’s management is done.
June 7, 2009 at 9:29 PM #412054briansd1
Guest[quote=peterb]Politician and business people realize that in order to keep the scam going, they need population growth. Locals arent making enough new people. So they conclude we need to bring more in. America’s been doing this for a couple of hundred years. Irish, Italian, Asian and now Central American/Mexican.
Trouble is, the USA didnt have nearly the social welfare programs and taxation back in the day compared to now. So when the business cycle dips, it cost lots-o-money.[/quote]
If we want asset appreciation, we need population and market growth (growing the pie). Otherwise say sayonara, arrivederci, to asset appreciation.
June 7, 2009 at 9:29 PM #412289Guest[quote=peterb]Politician and business people realize that in order to keep the scam going, they need population growth. Locals arent making enough new people. So they conclude we need to bring more in. America’s been doing this for a couple of hundred years. Irish, Italian, Asian and now Central American/Mexican.
Trouble is, the USA didnt have nearly the social welfare programs and taxation back in the day compared to now. So when the business cycle dips, it cost lots-o-money.[/quote]
If we want asset appreciation, we need population and market growth (growing the pie). Otherwise say sayonara, arrivederci, to asset appreciation.
June 7, 2009 at 9:29 PM #412536Guest[quote=peterb]Politician and business people realize that in order to keep the scam going, they need population growth. Locals arent making enough new people. So they conclude we need to bring more in. America’s been doing this for a couple of hundred years. Irish, Italian, Asian and now Central American/Mexican.
Trouble is, the USA didnt have nearly the social welfare programs and taxation back in the day compared to now. So when the business cycle dips, it cost lots-o-money.[/quote]
If we want asset appreciation, we need population and market growth (growing the pie). Otherwise say sayonara, arrivederci, to asset appreciation.
June 7, 2009 at 9:29 PM #412602Guest[quote=peterb]Politician and business people realize that in order to keep the scam going, they need population growth. Locals arent making enough new people. So they conclude we need to bring more in. America’s been doing this for a couple of hundred years. Irish, Italian, Asian and now Central American/Mexican.
Trouble is, the USA didnt have nearly the social welfare programs and taxation back in the day compared to now. So when the business cycle dips, it cost lots-o-money.[/quote]
If we want asset appreciation, we need population and market growth (growing the pie). Otherwise say sayonara, arrivederci, to asset appreciation.
June 7, 2009 at 9:29 PM #412755Guest[quote=peterb]Politician and business people realize that in order to keep the scam going, they need population growth. Locals arent making enough new people. So they conclude we need to bring more in. America’s been doing this for a couple of hundred years. Irish, Italian, Asian and now Central American/Mexican.
Trouble is, the USA didnt have nearly the social welfare programs and taxation back in the day compared to now. So when the business cycle dips, it cost lots-o-money.[/quote]
If we want asset appreciation, we need population and market growth (growing the pie). Otherwise say sayonara, arrivederci, to asset appreciation.
June 7, 2009 at 9:32 PM #412059no_such_reality
Participant[quote=Russell]
Not sure what I would do but the idea is to DO SOMETHING on a pain sharing plan, while hopefully real work to do something better with this state’s management is done.[/quote]
What exactly do you call all the tax and fee increases they’ve already enacted?
June 7, 2009 at 9:32 PM #412294Participant[quote=Russell]
Not sure what I would do but the idea is to DO SOMETHING on a pain sharing plan, while hopefully real work to do something better with this state’s management is done.[/quote]
What exactly do you call all the tax and fee increases they’ve already enacted?
June 7, 2009 at 9:32 PM #412541Participant[quote=Russell]
Not sure what I would do but the idea is to DO SOMETHING on a pain sharing plan, while hopefully real work to do something better with this state’s management is done.[/quote]
What exactly do you call all the tax and fee increases they’ve already enacted?
June 7, 2009 at 9:32 PM #412607Participant[quote=Russell]
Not sure what I would do but the idea is to DO SOMETHING on a pain sharing plan, while hopefully real work to do something better with this state’s management is done.[/quote]
What exactly do you call all the tax and fee increases they’ve already enacted?
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