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The States. It's 10th Amendment or bust!

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Re: The States. It's 10th Amendment or bust!

CT is proving to be a laboratory in what not to do.

They have been raising every tax they can think of year after year after year, yet each time, for some reason, those tax increases never quite generate the revenue they were expecting. Yet they still have not learned.

A friend who works in government told me that, after the last income tax hike, ten people moved out of state, and that cost the state $300,000,000 in income tax revenue that they had previously been paying.*

People on the left seem to turn off their brains sometimes. "Hey, they are rich, they can 'afford' it." Um, it's not really up to you to decide what someone else can 'afford' or not, is it?? The only thing that matters is whether they are willing to pay it or not.


*the math works out to be that on average each of those ten people had annual taxable income of about $450 million.
 
Re: The States. It's 10th Amendment or bust!

FreshFish said:
People on the left seem to turn off their brains sometimes. "Hey, they are rich, they can 'afford' it." Um, it's not really up to you to decide what someone else can 'afford' or not, is it??
Click to expand...

We all know it's up to people on the right to decide which people should live or die. :rolleyes:

Taxation isn't theft; get over it. If you want different tax policy in CT, vote and get your people in, like you did in KS and for that matter Congress. But the precious moral need of rich people getting to keep their fifth vacation home is less vital to democracy than the moral need of all citizens to have access to basic services and the opportunity to thrive.

Impositions on the rich are inconveniences. Impositions on the poor are lethal. If you can't see that you are an ethical cripple.
 
Re: The States. It's 10th Amendment or bust!

FreshFish said:
CT is proving to be a laboratory in what not to do.

They have been raising every tax they can think of year after year after year, yet each time, for some reason, those tax increases never quite generate the revenue they were expecting. Yet they still have not learned.

A friend who works in government told me that, after the last income tax hike, ten people moved out of state, and that cost the state $300,000,000 in income tax revenue that they had previously been paying.*

People on the left seem to turn off their brains sometimes. "Hey, they are rich, they can 'afford' it." Um, it's not really up to you to decide what someone else can 'afford' or not, is it?? The only thing that matters is whether they are willing to pay it or not.


*the math works out to be that on average each of those ten people had annual taxable income of about $450 million.
Click to expand...

I always find it interesting that the people who benefit the most from a stable government, clean water, clean air, etc. are the people most likely not wanting to pay for it.

It's fascinating.
 
Re: The States. It's 10th Amendment or bust!

ScoobyDoo said:
I always find it interesting that the people who benefit the most from a stable government, clean water, clean air, etc. are the people most likely not wanting to pay for it.

It's fascinating.
Click to expand...

The Republican recipe: one part greed, one part sanctimony, one part ignorance and ninety-seven parts self-justifying rationalization. Half-bake with transparently fraudulent ideology and serve only to self.
 
Re: The States. It's 10th Amendment or bust!

FreshFish said:
A friend who works in government told me that, after the last income tax hike, ten people moved out of state, and that cost the state $300,000,000 in income tax revenue that they had previously been paying.*
Click to expand...

"a friend" = completely made up anecdote
 
Re: The States. It's 10th Amendment or bust!

BassAle said:
"a friend" = completely made up anecdote
Click to expand...

Next time I see him, ask him whether he actually exists or not.

He's an elected official in local government, and the state is in a huge budget hole, around $2 billion. The governor has proposed pushing some state pension costs onto municipalities, and also eliminating all state revenue sharing to local governments. CT is in a real bad mess right now.

Do you generally call people liars so baldly? Your manners are terrible.

From Forbes:
According to an analysis by The Yankee Institute for Public Policy, Connecticut’s outmigration causes the state to lose $60 of income every single second.

Numbers from How Money Walks corroborate The Yankee Institute’s findings, while showing the grim longer-term picture: Between 1992 and 2014 (the most recent year for which Internal Revenue Service taxpayer data is available), Connecticut lost $12.36 billion in net adjusted gross income (AGI).

Of additional concern is the impact Connecticut’s heavy burden has on the state’s wealthy residents. The state’s largest taxpayers are taking a look at the financial environment and moving their assets elsewhere.

The loss of wealthy families is of particular concern in Connecticut, because the state relies heavily on residents with adjusted gross incomes above $1 million. Internal Revenue Service data shows that, in 2013, people in this income bracket paid 40% of the federal taxes from Connecticut.
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Let me guess, Forbes made all this up too, right?

Study using IRS and Census data:

In just two years – from 2011 to 2013 – more than 27,000 people left Connecticut, taking with them $3.8 billion in income.
Click to expand...
Right there, that statistic alone adds up to $230 million just in income tax revenue alone. It does not include sales taxes, nor the people they used to pay to clean house and mow lawns who also have reduced income in the wake of their departure. and that was four years ago. The trend seems to be accelerating.
 
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Re: The States. It's 10th Amendment or bust!

ScoobyDoo said:
I always find it interesting that the people who benefit the most from a stable government, clean water, clean air, etc. are the people most likely not wanting to pay for it.
Click to expand...

That's just crazy talk.

I don't know anyone who doesn't want to pay for clean water and clean air. Those costs are a very small fraction of the overall budget.

It is the plethora of other budget items that foolishly squander money in ridiculously wasteful ways. Somehow you just totally overlook all those other problem areas?



You do understand the difference between cost and value, do you not?

:rolleyes:
 
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Re: The States. It's 10th Amendment or bust!

Dorian Gray said:
The recipe for ideologues on both the left and the right: one part greed, one part sanctimony, one part ignorance and ninety-seven parts self-justifying rationalization. Half-bake with transparently fraudulent ideology and serve only to self.
Click to expand...


.
 
Re: The States. It's 10th Amendment or bust!

FreshFish said:
That's just crazy talk.

I don't know anyone who doesn't want to pay for clean water and clean air. Those costs are a very small fraction of the overall budget.

It is the plethora of other budget items that foolishly squander money in ridiculously wasteful ways. Somehow you just totally overlook all those other problem areas?



You do understand the difference between cost and value, do you not?

:rolleyes:
Click to expand...

Not familiar with Flint, Michigan are you.

That's where a State Republican Governor saved money not by cutting all the waste that YOU think is in Government, but by cutting costs in clean water.

And what happened? He destroyed many lives.

When you guys actually start cutting out all this fat you talk about I'll believe you. Until then, I'll believe me.
 
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FreshFish said:
Next time I see him, ask him whether he actually exists or not.

He's an elected official in local government, and the state is in a huge budget hole, around $2 billion. The governor has proposed pushing some state pension costs onto municipalities, and also eliminating all state revenue sharing to local governments. CT is in a real bad mess right now.

Do you generally call people liars so baldly? Your manners are terrible.

From Forbes:

Let me guess, Forbes made all this up too, right?

Study using IRS and Census data:

Right there, that statistic alone adds up to $230 million just in income tax revenue alone. It does not include sales taxes, nor the people they used to pay to clean house and mow lawns who also have reduced income in the wake of their departure. and that was four years ago. The trend seems to be accelerating.
Click to expand...

First off, citing a Forbes contributor isn't the same as citing Forbes itself. Forbes contributors are glorified bloggers who are unpaid and do it simply for exposure for their real businesses. Their stuff is minimally edited, if at all.

The guy you cite also wrote a post calling Kansas an unsung hero of economic growth. Yeah, very credible indeed.

Secondly, all your sources go back to the single study of a right-wing think tank. "The Yankee Institute develops and advances free-market, limited-government solutions in Connecticut." I am shocked that it spins things in a manner that makes taxes look bad.
 
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