ran 3.0 miles
The bill is projected to produce an additional $50 million in annual revenue for the state. Like many other states, Arizona’s budget is at a growing deficit and this is one approach their state’s legislature deems necessary to keep the state afloat and in less debt.
This “flat tax” is not law yet but it will be interesting to see what the people of Arizona’s ultimate response to it is. I don’t fully understand the “flat tax” enough to form a solid opinion of it at this point, but if it is critical to the well-being of an entire state and its future, then perhaps it is necessary.
Between news like this out of Arizona and what has been going on in Wisconsin, both Republican led efforts, combined with an economy that is not soaring upward by any means, I can easily see the 2012 presidential election filled with ugly accusations about one side raising taxes and attacking unions and the other side proclaiming that tough decisions are absolutely necessary to make right now. Can you guess which side is which?
1,484.7 miles to go.
- Montana was the forty-first state to join the union on November 8, 1889, three days before Washington and six days after South Dakota.
- Population, as of 2010, is 989,415.
- Senators are Max Baucus (D) and Jon Tester (D).
- Representative is Dennis Rehberg (R).
- Montana has three electoral votes. Historically, the state has voted red since 1952 except for two democrats. Leading up to 1952, Montana had voted blue five times in a row. Montana is one of seven states with a minimum three electoral votes. John McCain defeated Barack Obama 50% to 47% in 2008.
The bill is projected to produce an additional $50 million in annual revenue for the state. Like many other states, Arizona’s budget is at a growing deficit and this is one approach their state’s legislature deems necessary to keep the state afloat and in less debt.
This “flat tax” is not law yet but it will be interesting to see what the people of Arizona’s ultimate response to it is. I don’t fully understand the “flat tax” enough to form a solid opinion of it at this point, but if it is critical to the well-being of an entire state and its future, then perhaps it is necessary.
Between news like this out of Arizona and what has been going on in Wisconsin, both Republican led efforts, combined with an economy that is not soaring upward by any means, I can easily see the 2012 presidential election filled with ugly accusations about one side raising taxes and attacking unions and the other side proclaiming that tough decisions are absolutely necessary to make right now. Can you guess which side is which?
1,484.7 miles to go.
I think we should all do our part so why did we extend the Bush tax cuts? Which side supported that? Why would Republicans have such an interest in extending those tax cuts? I'm definitely not a fan of Michael Moore who said "Just 400 Americans -- 400 -- have more wealth than half of all Americans combined." ...
ReplyDeletehttp://www.politifact.com/wisconsin/statements/2011/mar/10/michael-moore/michael-moore-says-400-americans-have-more-wealth-/
Taxes being cut for the wealthy and raised for the middle class, I can guess which side would say this is a tough decision.
J
The Bush tax cut extension surprised the heck out of me. Ending them was one of Obama's campaign promises. If I remember correctly. the decision to extend them across the board came shortly after mid-term elections. Pressure from the outcome of that election must have persuaded Obama to take that action. He may not have liked it, but it was his decision to sign it.
ReplyDeleteTaxes are a slippery slope. On the one hand I don't feel wealth distribution is the right approach but on the other it does seem unfair to raise taxes for middle and lower income families.
It is a shame that we are in this economic position and it is hardly even worth commenting on the fact that politicians on both sides aloud it to get to this point.
There is one silver lining, though. This is what it took to wake up hundreds of millions of Americans to get more involved in politics.
Have you seen this real time US Debt Clock?:
ReplyDeletehttp://www.usdebtclock.org/
Jason
hard to believe
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