Dayton calls for tax changes, more spending
January 22, 2013 at 5:10 am in South Washington County Bulletin
Minnesotans would pay taxes on clothing worth more than $100, rich Minnesotans’ income tax would increase and property taxes would fall under a proposal released by Gov. Mark Dayton at mid-day. Continue Reading
As a middle income wage earner, this man disgusts me. Barring the use of twisted logic the wealthy pay the vast majority of taxes, and more than their fair share. This current war on the wealthy is un-American.
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What is even more “unAmerican” Bob, is the war the wealthy are making on out political system and the common citizen, by paying for and buying off both political parties in order to get their wat through propagana and the parties “bartering” with each other…leading to what they want in the end for this country in their favor. One things for sure..a $100 clothing tax will not touch the wealthy one damn bit!
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Yes, he is being moderate if you consider the largest tax increase in Minnesota history moderate. Yes he is being moderate if you think that it is appropriate to place the largest amount of tax increase into sales tax which is regressive in nature. Yes he is being moderate if you believe that 3.7 billion dollars in tax increases with only 225 million in spending cuts is moderate; despite the spending cuts the budget increases significantly. Moderate isn’t how I would describe the proposal.
The proposal is a foreshadowing of what increased spending by both parties will eventually achieve; increased taxes for everyone. Yes, Dayton’s proposal increases tax on successful people which temporarily satisfies those who feel envious of other’s success. However, in order to achieve the proposed spending increases it burdens the middle class with significant sales tax increases. As virtually every economist on both sides of the table concedes, you can’t dramatically increase spending on the backs of only the highest 10% of earners, you must burden the middle class because despite earning less the vast numbers within the middle class provide only pocket deep enough to finance the increased spending. Champion Dayton’s plan if you like, I find it appalling that he has decided to use regressive taxes to fund increased spending.
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Well put
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Doesn’t matter which party is running the show-they are all responsible for the mess. The answer is not reducing or increasing taxes. They need to prioritize spending and make cuts to the bottom of the list. We have to live within our means and so should government.
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Barry, you seem to be confusing rich people and corporations. I do not know of a single rich person that has a lobbyist.
Since you brought it up I will agree that corporations do have great political clout, but unions do as well. Radical left Hollywood was a big winner in the fiscal cliff deal. Can I assume you are consistent and object to the power of unions and the Hollywood elite?
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