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2013-01-17 Home Front: Politix

Nebraska governor is latest to propose ending state income tax

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Posted by Fred 2013-01-17 00:00|| || Front Page|| [4 views ] Top

#1 US States must be confident that Mexico + Canada + Greenland will willingly give mucho $$$ to the USA vee future NAU Member-State contributions + ultimately NAU-level Member-specific appropriations, as unlike the Cold War where many n the Internat Community = World Govts-Nations wanted the US-n-only-the-US to take the lead + be principal???

PRAY HARD + KEEP YOUR FINGERS CROSSED, BECUZ AMERIKKA IS GONNA NEED IT.

Posted by JosephMendiola 2013-01-17 00:56|| 2013-01-17 00:56|| Front Page Top

#2 > He promised to make up the lost revenue by reducing business exemptions to the sales tax.

DOH. Incomes taxes and sales taxes ARE THE SAME THING!

Posted by Bright Pebbles 2013-01-17 09:20|| 2013-01-17 09:20|| Front Page Top

#3 Are they the same, income tax hits earnings while sales tax hits spending. Moving from one to the other has to have some effect (working harder but spending less or something like that).

Posted by Rjschwarz 2013-01-17 11:46|| 2013-01-17 11:46|| Front Page Top

#4 The purpose of Earning IS spending. To have one without the other is pointless (and economically harmful).

Taxing Unearned income via rent-seeking is negative harm.

Posted by Bright Pebbles 2013-01-17 12:09|| 2013-01-17 12:09|| Front Page Top

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