Read the Bills Act Coalition

Tuesday, June 24, 2008

Reverse Logic: Using the bad Economy to RAISE taxes

Seems kind of counter intuitive to me, but that is what several states are priming the pump to do (as well as on certain Presidential canidate.) Since we always have the evil unknown "rich" or bad for you things (like cigarettes) to tax, people will just let it happen without realizing that the middle class definition is ever shrinking so we're all going to be taxed more (in a time when we need relief the most)and the goods that are deemed "bad" for you will increase as well (Meat for instance) as revenue is deemed needed...so that at a certain point in time (and not that far away) the government will, in essence, through taxcation tell us, the american people, how to act as oppose to us telling th government how they should act....From the AP:

With a new fiscal year beginning in most states next week, budget cuts are about to bite. That means less money for school children in Florida, the end of help with utility bills for poor Rhode Islanders and a good chance tuition will increase at Auburn University in Alabama...."Everything is rising and you have to wonder - when is it going to stop?" said Lauren Hayes, an Auburn senior. She's expecting a tuition hike, after state lawmakers reduced higher education funding by $157 million and the university responded by proposing a $660 increase for in-state students....Overall, the state fiscal picture is gloomy and the pain from reductions - many of which take effect July 1 - will be widespread:....-In Florida, basic spending on schoolchildren will drop by $131 per student. And bonuses for schools that earn top grades from the state will shrink to $85 per student from $100....-In California, with the nation's biggest anticipated deficit at $17 billion, Gov. Arnold Schwarzenegger has proposed deep cuts in Medi-Cal, the state's health insurance program for poor families and children....-In New Jersey, lawmakers have proposed eliminating free state police patrols for rural communities that lack police departments. Under the plan, those communities would pay a combined $12 million for the service, the first time they're being charged a fee....The fee doesn't sit well in Shamong Township, a 46-square mile municipality with a budget of less than $3 million and several state-owned properties, including a park and state forest...."The state really is our biggest resident, and now they're going to charge us to police themselves," township administrator Sue Onorato said....A midyear survey of state finances by the nation's state budget officers showed state spending nationally will grow by just 1 percent in the new fiscal year. That's down from average growth of 6.7 percent over the last three decades....The survey also found that 18 states reported their upcoming budgets will be smaller than spending plans for the current year.....If all the states cut budgets or raise taxes....



Read Here: http://hosted.ap.org/dynamic/stories/S/STATE_BUDGET_BLUES?SITE=FLTAM&SECTION=US

No comments: