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Originally Posted by Guest
Republicans seem to think that by decreasing corporate taxes there will be an increase in employment, but the Bush Administration tax cuts showed that to be a pipe dream.
Trump's tax proposal increases the debt substantially unless there is a 3% INCREASE in GDP and employment.....so, if you believe that tax decreases will increase employment you are fine with his proposals.
Let's look at two States, that differed in their approaches to taxes:
Kansas did exactly what Trump proposes to do, and they are in fiscal chaos.
Minnesota increased taxes on the rich, and their State is fiscally in better shape than at any time......
Which test State do you feel did the right thing?
If you believe Kansas did, please move there....if you believe Minnesota did, you are one of the few intelligent people who read the Villages Political blogs.
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I moved down from Minnesota. My taxes were extremely high then and since I left governor Dayton ( family owned Target) increase taxes to such an extent Minnesota became the 6th highest state for taxes. The Governor for Connecticut out did Dayton and residents are actually finding relief in Massachusetts. why do you think so many retirees leave such states? Taxes Taxes Taxes
My view concerning taxes in general is the more you are tax the more politicians will spend. Simply stated money that flows into the private sector stimulates productive growth . Tell me how government makes us richer? You can't count income redistribution. The degree of abuse, fraud and misguided spending by government is just astonishing.
Personal Best Regards: