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Scoreboard bitches
2001400ex
Member Posts: 29,457
So we have Kansas that cut taxes on the wealthy and businesses and failed. California raised taxes and has been successful. Again tell me how supply side economics works.
Because after Arnold left office, we eliminated what scientists would call ‘variables,’ in this case the Republicans. Democrats from Governor on down control every office and voting body in this state, so we can really see what happens when liberal policies are tried unimpeded. And the only thing that I have to say to Republicans about that is; scoreboard, bitches
https://www.yahoo.com/news/bill-maher-asks-republicans-wake-023707273.html
Because after Arnold left office, we eliminated what scientists would call ‘variables,’ in this case the Republicans. Democrats from Governor on down control every office and voting body in this state, so we can really see what happens when liberal policies are tried unimpeded. And the only thing that I have to say to Republicans about that is; scoreboard, bitches
https://www.yahoo.com/news/bill-maher-asks-republicans-wake-023707273.html
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Its not the taxes, its the
Should compare California to Texas:
Much of California’s nation-leading poverty rate is due to the high cost of housing in the Golden State, a significant portion of which is driven by hyper-controls on development, greenhouse gas fees, restrictive zoning, and taxes. It takes five years to get permission to build in California what commonly takes five months in Texas. If California is America’s future, then that future is overrun with poverty.
What’s remarkable (or not, depending on your worldview) about the huge disparity in poverty rates between California and Texas is that the states are diametrically opposed in their taxing, spending, and regulatory policies. California, featuring America’s highest marginal income-tax rate, ranks as the fourth-most taxed state in the nation, according to the Tax Foundation, while no-income-tax Texas came in at forty-seventh. In a broader survey of economic freedom that includes labor law and regulation, Canada’s Fraser Institute rated Texas and South Dakota as tied for first with California lagging far behind at forty-third, just ahead of New Jersey at forty-fourth.
https://en.m.wikipedia.org/wiki/List_of_U.S._states_by_poverty_rate
Yes the absolute gold standard.
El. Oh. El.
Its the resources.
California has an abundance of resources compared to Kansas.
For fucks sakes.
I know its not Wikipedia.
However, you will notice how he details the problems with determining poverty levels, as noted below:
Thus, the federal government’s main poverty gauge undercounts material poverty levels in high-cost states such as California, New York, and Hawaii, while over-counting true poverty in much of the low-cost Midwest and South.
Its all about resources. The tech industry is making a comeback, which is helping CA. Oil is down, which is hurting Texas.
If Kansas had tech, oil, or both ... we'd be having a different discussion ... and we both know that.
Kansas was sold that the tax cuts would bring business in and grow the state. You and I both know that hasn't happened.
Fuck.
http://www.sfchronicle.com/politics/article/California-s-400-billion-debt-worries-analysts-6812264.php
A bunch of California municipalities are a mess, and higher paid workers and businesses are still leaving the state in droves. And this is with a stock market bubble caused by the fed which is subsidizing the states income (they get a bunch off of capital gains...not a good sign when stock market multiples are as high as they are).
Keep gurgling...