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Mike's comments:
on Budget Cuts Are Coming
Did she just say that we have a 25% budget shortfall because we are heavily income tax driven? I know there is not a pre-employment math test for legislative positions but if an additional 4% of your population does not pay income taxes for about a third of your budget cycle, how does that add up to a 25% decrease in your income?
Perhaps the crisis of consumer confidence which is at the root of the issue today is partially driven by these “explaining where babies come from to a 3 year old” type rationalizations for the problem. If our legislators are either confused by or need to hide the real root of the problem, then maybe I should hoard my money…
posted 4 years, 3 months ago
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