Mind you this is one county. Now she has reduced taxes to pay for the deficit. Is she insane?
2007-10-31 04:33:10 · 9 answers · asked by Anonymous in Politics & Government ➔ Politics
They are making an issue of it actually but, there are people who still support her. It's mind boggling.
2007-10-31 04:42:45 · update #1
Created a deficit? How in the world can a county create a deficit? I know they can go in debt but that should be for new schools or new governement buildings, not day to day functions. Sounds like there needs to be some work in your county to either cut cost, downsize personnel, and have more control on spending. But no, she should not cut taxes. You cut taxes when there is a surplus, hard time to convince any government of that rather than vote themselves a raise. Unless you live in an area where there is great infrastructure to attract industry and business (and most of those guys get a loo of tax anyway) cutting taxes won't do much on the county level.
2007-10-31 04:48:15 · answer #1 · answered by JFra472449 6 · 1⤊ 1⤋
Reducing taxes IS fiscally responsible if she wants economic growth!
Look at this with an opened mind and you will see that by reducing taxes and increasing discretionary spending, both small and large businesses will expand creating more jobs,
and the more people working the more taxes you collect. On the other side of the coin you increase taxes, people are laid off and you see a reduction in the governments (county's) income.
It is very basic economics and brought about prosperity during the times of John F. Kennedy. It works on a small and a large scale.
President Bush's tax cuts worked. The unemployment rate is at 4% lowest since the early nineties.
Our state is headed for a shut down again because taxes keep going up and up. A lot of Business has moved out, and a lot of the people have left this state in search of more conservative states.
2007-10-31 04:48:35 · answer #2 · answered by Moody Red 6 · 0⤊ 0⤋
"The fish rots from the head down". If it works in Washington D. C. why not at a local level?
The trickle down theory didn't work for Hoover or Reagan and it isn't working for Bush. Consider the value of the dollar. Wall Street is holding its collective breath for the last five days waiting for the interest rate to be cut to boost the Stock Market.
She is not insane she has bought into the power of deficit spending. Would any sensible person handle their own funds this way, no!
2007-10-31 04:46:33 · answer #3 · answered by Anonymous · 2⤊ 1⤋
Compared to the San Diego City Council prior to 2004, she's just an amateur. In 2002 the pension fund was 284 million dollars in debt and is expected to reach 2 billion by 2009, according to the SEC.
2007-10-31 04:48:38 · answer #4 · answered by Mike W 7 · 1⤊ 0⤋
Not necessarily. Higher taxes can often lead to a larger deficit in counties, as businesses move out to counties just up the street with lower taxes. You lose businesses you lose the largest percent of your taxes. You want to see whether a tax hike gets you out of debt, take a long hard look at Michigan.
2007-10-31 04:43:57 · answer #5 · answered by MEL T 7 · 2⤊ 1⤋
Hmm. Where have I seen this form of polish economics practiced before...
2007-10-31 04:59:45 · answer #6 · answered by Anonymous · 0⤊ 0⤋
It is either insanity or politics of a democracy. Ask your self why the opposition is not exporting this.
2007-10-31 04:38:28 · answer #7 · answered by eric l 6 · 1⤊ 1⤋
Bush is destroying America.
2007-10-31 04:38:55 · answer #8 · answered by Anonymous · 1⤊ 2⤋
vote her out
2007-10-31 05:20:54 · answer #9 · answered by freddfubar 2 · 1⤊ 0⤋