I accept your correction with a smile and will now be going about my day.
Regarding your actual post, there's just too much Complex Math in Tax Stuff for me to deal with right now (or ever?). I've just woken up from a 3-hour nap and don't have the mental capacity to read that article (if it does, in fact, go into the complexities of which of our taxes were raised, etc.) and respond to it.
My only guess is that the article is oversimplified and/or leaves out important factual details that would explain why our state government raised taxes in the way it did and why our methods of tax increase resulted in the economic situation we now find ourselves in. Either that or our economic situation has absolutely nothing to do with the fact that we raised taxes, or (my favorite), we didn't actually raise taxes. I really don't remember us raising taxes, and I think I woulda heard a few complainers out and about if we had.
Anyway. Hopefully k_sui has some time to stop by and attempt to shed some light on these things.
I'm sure there's a bit of oversimplification being done, but that's hardly avoidable when discussing complex economics without a PhD, isn't it? It's either being done with one agenda or another.
And note that I'm not saying the tax hike caused or is solely responsible for economic hardship in MI. But it sure doesn't help matters.
I always welcome k_sui's opinion, especially on matters of taxes and economics.
Just one more thing and then I really have to stop:
And note that I'm not saying the tax hike caused or is solely responsible for economic hardship in MI. But it sure doesn't help matters.Who says it doesn't help matters? WSJ? The current state of the economy in Michigan? How do we know for certain that this tax hike won't bring longer term benefits to the state economy
( ... )
Taking people's money away during economic hardship doesn't help matters. It's just basic economic theory. Sure it conflicts with the arrogant liberal theory of "We're the government and we know what's best for you!" but that doesn't make it untrue
( ... )
Green Movement may be big, but there's a better way than guessing what's the best place to create jobs: The Market.
This doesn't appear to either conflict with what I've said or offer an actual alternative to the Green Movement, so I'm just gonna let it go, I guess, cuz now my head really IS starting to hurt.
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behold: resk
success
reveal:
!label Caspian
!analyze: Existential Crow Bowl
fail
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AWESOME icon, by the way.
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Thanks!
Now Crow Bowl ...THAT I get.
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Regarding your actual post, there's just too much Complex Math in Tax Stuff for me to deal with right now (or ever?). I've just woken up from a 3-hour nap and don't have the mental capacity to read that article (if it does, in fact, go into the complexities of which of our taxes were raised, etc.) and respond to it.
My only guess is that the article is oversimplified and/or leaves out important factual details that would explain why our state government raised taxes in the way it did and why our methods of tax increase resulted in the economic situation we now find ourselves in. Either that or our economic situation has absolutely nothing to do with the fact that we raised taxes, or (my favorite), we didn't actually raise taxes. I really don't remember us raising taxes, and I think I woulda heard a few complainers out and about if we had.
Anyway. Hopefully k_sui has some time to stop by and attempt to shed some light on these things.
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I'm sure there's a bit of oversimplification being done, but that's hardly avoidable when discussing complex economics without a PhD, isn't it? It's either being done with one agenda or another.
And note that I'm not saying the tax hike caused or is solely responsible for economic hardship in MI. But it sure doesn't help matters.
I always welcome k_sui's opinion, especially on matters of taxes and economics.
Reply
And note that I'm not saying the tax hike caused or is solely responsible for economic hardship in MI. But it sure doesn't help matters.Who says it doesn't help matters? WSJ? The current state of the economy in Michigan? How do we know for certain that this tax hike won't bring longer term benefits to the state economy ( ... )
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See: The entire time period of 1870-1940.
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This doesn't appear to either conflict with what I've said or offer an actual alternative to the Green Movement, so I'm just gonna let it go, I guess, cuz now my head really IS starting to hurt.
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Also, I believe head hurting is excuse #5422.4 for the consumption of bacon.
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