Chappy
Resident Goonie
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I Root For: ECU
Location: Raleigh, NC
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RE: Detroit Paper on disastrous Kansas experiment.
(06-12-2017 04:56 PM)LeFlâneur Wrote: (06-12-2017 04:10 PM)Bull_Is_Back Wrote: (06-12-2017 03:58 PM)Chappy Wrote: (06-12-2017 02:57 PM)olliebaba Wrote: In Texas, when you pay your house off, you still owe steadily rising property taxes. I looked up the first home I ever owned the other day. The monthly taxes on it now are approaching an amount equal to the entire payment amount (which included interest, principle, and taxes) back when I lived there. Essentially, you never own real estate---you really just rent your property from the government. Indentured servitude.
How true. With what we pay in taxes, $6800 a year, we could almost live in a nice apartment but I would get claustrophobic. I need a back yard. Besides, why give up my nice house for an apartment, too big of a change. Too bad my wife and I are city slickers and couldn't live in a place like Ruidoso NM or Silver City NM. But there they have state taxes so it would probably even out.
Your property taxes are almost 7 grand? Wow.
Yeash.... I'm pissed that I'm up to two grand a year.
I'm at $11,000. And that's after the senior citizen discount.
[/quote]
That's about a million dollar home in Raleigh NC.
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06-12-2017 06:38 PM |
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Hood-rich
Smarter Than the Average Lib
Posts: 9,300
Joined: May 2016
I Root For: ECU & CSU
Location: The Hood
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RE: Detroit Paper on disastrous Kansas experiment.
it comes out in the wash. Texas has no state tax. they get it one way or another. I look at states by overall tax burden. Even then it can vary quite a bit by county.
Sent from my SM-J700T using CSNbbs mobile app
(This post was last modified: 06-12-2017 06:49 PM by Hood-rich.)
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06-12-2017 06:48 PM |
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Kronke
Banned
Posts: 29,379
Joined: Apr 2010
I Root For: Arsenal / StL
Location: Missouri
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RE: Detroit Paper on disastrous Kansas experiment.
(06-12-2017 06:11 AM)gdunn Wrote: FFS Mach that's a message board.
LOL, this cracked me up.
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06-12-2017 06:50 PM |
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Owl 69/70/75
Just an old rugby coach
Posts: 80,656
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I Root For: RiceBathChelsea
Location: Montgomery, TX
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RE: Detroit Paper on disastrous Kansas experiment.
(06-12-2017 06:20 AM)Machiavelli Wrote: Read the article. It's linked too. Holy Crapola.
It's an op-ed, not an article. As such, it makes no claim to be complete, accurate, objective reporting.
(This post was last modified: 06-12-2017 06:59 PM by Owl 69/70/75.)
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06-12-2017 06:59 PM |
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stinkfist
nuts zongo's in the house
Posts: 68,384
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Location: who knows?
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RE: Detroit Paper on disastrous Kansas experiment.
(06-12-2017 06:59 PM)Owl 69/70/75 Wrote: (06-12-2017 06:20 AM)Machiavelli Wrote: Read the article. It's linked too. Holy Crapola.
It's an op-ed, not an article. As such, it makes no claim to be complete, accurate, objective reporting.
EVERYTHING IS! to varying degrees, it always has been....
did you guys just wake the **** up after decades of FAIL???
nobody cares that currently have bank.....you're fighting losers that can't escape....and you know it...
I just cannot figure out why people think they matter in isolation...they mean nothing until the rules of the game allow such.....that time is not for the ill conceived....
it doesn't matter if one likes it.....it only matters how the rules currently exist and how one can manipulate.....
that's what I term as continual hierarchy in development...
what a silly game....
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06-12-2017 09:25 PM |
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gdunn
Repping E-Gang Colors
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RE: Detroit Paper on disastrous Kansas experiment.
Why are folks in Michigan worried about Kansas and the current administration? I hear there's still an issue with drinking water in their backyard from the previous administration... But let's not talk about people dying, let's worry about the f'n unions. I'm starting to lose respect for Mach.
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06-12-2017 09:34 PM |
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bullet
Legend
Posts: 66,301
Joined: Apr 2012
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I Root For: Texas, UK, UGA
Location:
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RE: Detroit Paper on disastrous Kansas experiment.
(06-12-2017 09:34 PM)gdunn Wrote: Why are folks in Michigan worried about Kansas and the current administration? I hear there's still an issue with drinking water in their backyard from the previous administration... But let's not talk about people dying, let's worry about the f'n unions. I'm starting to lose respect for Mach.
And there is the depopulating city the paper is in. 1,849,000 in 1950, the 5th largest city in the country. Now its 677,000.
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06-12-2017 10:10 PM |
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Love and Honor
Skipper
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RE: Detroit Paper on disastrous Kansas experiment.
Yeah yeah source source source, but they cite from the likes of the Fed, Cal Berkeley, and MIT economists so it's legit. I cut it down a bit for brevity.
Quote:From an economic perspective, Kansas has been doing fairly well, and continued to do so after implementing tax cuts. One of the key economic indicators to consider is the unemployment rate.
In December 2010, Kansas had an average unemployment rate of 6.8%. [a] In December 2014, after the 2012-13 Brownback tax cuts were passed, the unemployment rate was 4.2%. [b] As of April 2017, the state's unemployment rate is 3.7%. [c]
Per the Federal Reserve, the natural unemployment rate ranges from about 4.5 to 6%. [d] As we've noted, Kansas has generally stayed in or around this area. So the fact that they've fallen below 4.5% means they're out performing ordinary expectations.
Next, examine new business formations. As of 2016, every year since the implementation of the tax cuts, Kansas has surpassed the state record. This is especially noteworthy given that this rate - on a national level - has declined since the 2008 recession. Kansas has bucked the trend. [e]
Despite the fact that Kansas has performed well, critics of the Kansas model are correct on a key point: the state passed tax cuts, mistakenly expecting the cuts to pay for themselves. They failed to broaden the tax base and compensate by eliminating deductions and such. While true that tax cuts can counterintuitively INCREASE revenue by incentivizing economic growth, this is not always the case. It depends if the additional economic transactions add enough to offset the rate reductions. That being the case, tax cuts don't necessarily offset budget deficits if governments fail to tame expenditures. Kansas attempted to cut spending to adjust for the revenue loss, but they didn't cut enough. This does not mean they "failed." The primary goal of tax reduction is to spur economic growth by reducing the burden on consumers and/or entrepreneurs. Hoping tax cuts ALSO accompany a balanced budget is merely a secondary goal which may or may not happen, but is often dependent on spending circumstances. The fact remains, the Kansas economy improved. The cuts, therefore, accomplished their primary objective.
Left wing critics are utilizing Kansas' budget deficit to argue for tax increases or against tax cuts, but economic research still suggests they're wrong to do so. For example, economists David and Christina Romer conducted research showing that a tax increase of 1% reduces GDP by approximately 3%. [f] Additionally, research by Mertens and Ravn found that higher income/corporate taxes reduce economic growth and increase unemployment. [g] Put into action in the Reagan administration, statistics from the St. Louis Fed confirm that the civilian employment-to-population ratio increased dramatically after the Reagan tax cuts, meaning a wider availability of jobs. [h]
...In conclusion, the Kansas tax cuts were not the wasteland-causing policies its detractors claim, and the state continued to do fairly well economically. While one can acknowledge that the tax cuts should have been passed with fiscal prudence in mind, Kansas is NOT "proof" that conservative policies are ineffective.
https://www.facebook.com/WeAreCapitalist...=3&theater
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06-13-2017 08:36 PM |
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49RFootballNow
He who walks without rhythm
Posts: 13,063
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RE: Detroit Paper on disastrous Kansas experiment.
Ironic a Detroit newspaper wants to point out supposed failure elsewhere when they are sitting in a pile of manure at home.
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06-14-2017 08:24 AM |
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john01992
Former ESPNer still in recovery mode
Posts: 16,277
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Location: The Worst P5 Program
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RE: Detroit Paper on disastrous Kansas experiment.
(06-12-2017 06:50 PM)Kronke Wrote: (06-12-2017 06:11 AM)gdunn Wrote: FFS Mach that's a message board.
LOL, this cracked me up.
there is no fundamental difference between posting a youtube video verse a message board comment as a news source. both are equally crap. one is crap. the other is crap that takes longer to produce.
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06-14-2017 03:19 PM |
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Bull_Is_Back
Heisman
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RE: Detroit Paper on disastrous Kansas experiment.
(06-14-2017 03:19 PM)john01992 Wrote: (06-12-2017 06:50 PM)Kronke Wrote: (06-12-2017 06:11 AM)gdunn Wrote: FFS Mach that's a message board.
LOL, this cracked me up.
there is no fundamental difference between posting a youtube video verse a message board comment as a news source. both are equally crap. one is crap. the other is crap that takes longer to produce.
One is content... The other is a link to a link to content...
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06-14-2017 03:39 PM |
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john01992
Former ESPNer still in recovery mode
Posts: 16,277
Joined: Jul 2013
I Root For: John0 out!!!!
Location: The Worst P5 Program
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RE: Detroit Paper on disastrous Kansas experiment.
(06-14-2017 03:39 PM)Bull_Is_Back Wrote: (06-14-2017 03:19 PM)john01992 Wrote: (06-12-2017 06:50 PM)Kronke Wrote: (06-12-2017 06:11 AM)gdunn Wrote: FFS Mach that's a message board.
LOL, this cracked me up.
there is no fundamental difference between posting a youtube video verse a message board comment as a news source. both are equally crap. one is crap. the other is crap that takes longer to produce.
One is content... The other is a link to a link to content...
I really wish this place can get better with basic common sense. I was talking about message forum posts like the one I am making now not links.
anyone can post a youtube video. just like anyone can post a comment on a forum. so what's the difference?
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06-14-2017 04:06 PM |
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Bull_Is_Back
Heisman
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RE: Detroit Paper on disastrous Kansas experiment.
(06-14-2017 04:06 PM)john01992 Wrote: (06-14-2017 03:39 PM)Bull_Is_Back Wrote: (06-14-2017 03:19 PM)john01992 Wrote: (06-12-2017 06:50 PM)Kronke Wrote: (06-12-2017 06:11 AM)gdunn Wrote: FFS Mach that's a message board.
LOL, this cracked me up.
there is no fundamental difference between posting a youtube video verse a message board comment as a news source. both are equally crap. one is crap. the other is crap that takes longer to produce.
One is content... The other is a link to a link to content...
I really wish this place can get better with basic common sense. I was talking about message forum posts like the one I am making now not links.
anyone can post a youtube video. just like anyone can post a comment on a forum. so what's the difference?
That's the point John... He posted a link to a BB which had a link to the article...
The only gripe people had was, why not just post a link to TFA
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06-14-2017 06:53 PM |
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john01992
Former ESPNer still in recovery mode
Posts: 16,277
Joined: Jul 2013
I Root For: John0 out!!!!
Location: The Worst P5 Program
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RE: Detroit Paper on disastrous Kansas experiment.
BIE. My gripe wasn't with those people: just kronke who has no right to criticize Mach given that he posts the least credible sources you could possibly cite on a regular basis. He has no right to call out anyone on this issue even if it's over linking to a forum.
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06-14-2017 06:56 PM |
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TigerBlue4Ever
Unapologetic A-hole
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RE: Detroit Paper on disastrous Kansas experiment.
(06-12-2017 04:10 PM)Bull_Is_Back Wrote: (06-12-2017 03:58 PM)Chappy Wrote: (06-12-2017 02:57 PM)olliebaba Wrote: In Texas, when you pay your house off, you still owe steadily rising property taxes. I looked up the first home I ever owned the other day. The monthly taxes on it now are approaching an amount equal to the entire payment amount (which included interest, principle, and taxes) back when I lived there. Essentially, you never own real estate---you really just rent your property from the government. Indentured servitude.
How true. With what we pay in taxes, $6800 a year, we could almost live in a nice apartment but I would get claustrophobic. I need a back yard. Besides, why give up my nice house for an apartment, too big of a change. Too bad my wife and I are city slickers and couldn't live in a place like Ruidoso NM or Silver City NM. But there they have state taxes so it would probably even out.
Your property taxes are almost 7 grand? Wow.
Yeash.... I'm pissed that I'm up to two grand a year.
[/quote]
LOL, I'm pissed that mine are 1200 a year on a 240k home. Ahhh the struggles of small town life.
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06-20-2017 06:40 PM |
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